POLARNATT MEDIA AS

9600 HAMMERFEST

Finances

Return on Equity

915,38 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 658 000	1 963 000	516 000	226 000
Net Income	−476 000	143 000	172 000	44 000
Total Assets	670 000	738 000	399 000	198 000
Total Equity	−52 000	424 000	281 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 658 000	1 963 000	516 000	226 000
Expenditure	2 116 000	1 747 000	295 000	164 000
Operating Profit	−458 000	217 000	220 000	60 000
Financial Income	0	3 000	0	0
Financial Costs	22 000	13 000	3 000	1 000
Financial Balance	−22 000	−10 000	−3 000	−1 000
Earnings Before Tax	−480 000	207 000	218 000	59 000
Tax	−4 000	63 000	46 000	15 000
Net Income	−476 000	143 000	172 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	376 000	393 000	251 000	109 000
Total Current Assets	294 000	346 000	148 000	88 000
Total Assets	670 000	738 000	399 000	198 000
Total Retained Equity	−116 000	360 000	216 000	44 000
Total Equity	−52 000	424 000	281 000	108 000
Total Long-Term Debt	0	24 000	23 000	22 000
Total Current Debt	721 000	290 000	95 000	67 000
Total Equity and Debt	670 000	738 000	399 000	198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 447 000	1 787 000	516 000	226 000
Other Income	210 000	175 000	0	0
Revenue	1 658 000	1 963 000	516 000	226 000
Cost of Goods Sold	90 000	338 000	0	0
Salary Costs	1 215 000	622 000	13 000	5 000
Depreciation	96 000	103 000	49 000	22 000
Impairment	0	0	0	0
Expenditure	2 116 000	1 747 000	295 000	164 000
Operating Profit	−458 000	217 000	220 000	60 000
Financial Income	0	3 000	0	0
Financial Costs	22 000	13 000	3 000	1 000
Financial Balance	−22 000	−10 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−476 000	143 000	172 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	165 000	393 000	251 000	109 000
Total Tangible Assets	165 000	393 000	251 000	109 000
Total Fiancial Fixed Assets	211 000	0	0	0
Total Fixed Assets	376 000	393 000	251 000	109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−313 000	133 000	78 000	8 000
Total Current Assets	294 000	346 000	148 000	88 000
Total Assets	670 000	738 000	399 000	198 000
Total Equity	−52 000	424 000	281 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	24 000	23 000	22 000
Creditors	195 000	60 000	21 000	2 000
Unpaid Taxes	120 000	94 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	406 000	74 000	26 000	52 000
Total Current Debt	721 000	290 000	95 000	67 000
Total Equity and Debt	670 000	738 000	399 000	198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	915,38 %	33,73 %	61,21 %	40,74 %
Debt-to-Equity Ratio	−0	0,06	0,08	0,2
Operating Profit Margin	−27,62 %	11,05 %	42,64 %	26,55 %
Current Ratio	0,41	1,19	1,56	1,31
Quick Ratio	0,41	1,19	1,56	1,31
Equity Ratio	−0,08	0,57	0,7	0,55
Gross Profit Margin	94,57 %	82,78 %	100 %	100 %