POLARNIGHT AS

7020 TRONDHEIM

Finances

Share Ownership

Return on Equity

−0,3 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	105 000	0	0
Net Income	−2 000	112 000	−1 459 000	−677 000
Total Assets	754 000	747 000	692 000	1 108 000
Total Equity	664 000	−1 734 000	−1 846 000	−487 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	105 000	0	0
Expenditure	78 000	−39 000	1 871 000	869 000
Operating Profit	−3 000	144 000	−1 871 000	−868 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−3 000	144 000	−1 871 000	−868 000
Tax	−1 000	32 000	−412 000	−191 000
Net Income	−2 000	112 000	−1 459 000	−677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	574 000	605 000	194 000
Total Current Assets	179 000	173 000	87 000	915 000
Total Assets	754 000	747 000	692 000	1 108 000
Total Retained Equity	−2 023 000	−2 021 000	−2 133 000	−674 000
Total Equity	664 000	−1 734 000	−1 846 000	−487 000
Total Long-Term Debt	0	2 400 000	2 250 000	1 400 000
Total Current Debt	90 000	81 000	289 000	195 000
Total Equity and Debt	754 000	747 000	692 000	1 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	105 000	0	0
Other Income	0	0	0	0
Revenue	75 000	105 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 605 000	725 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	78 000	−39 000	1 871 000	869 000
Operating Profit	−3 000	144 000	−1 871 000	−868 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−2 000	112 000	−1 459 000	−677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	574 000	574 000	605 000	194 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	574 000	574 000	605 000	194 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	176 000	88 000	87 000	902 000
Total Current Assets	179 000	173 000	87 000	915 000
Total Assets	754 000	747 000	692 000	1 108 000
Total Equity	664 000	−1 734 000	−1 846 000	−487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 400 000	2 250 000	1 400 000
Creditors	10 000	1 000	3 000	19 000
Unpaid Taxes	9 000	9 000	135 000	111 000
Dividends	0	0	0	0
Other Current Debt	71 000	71 000	151 000	66 000
Total Current Debt	90 000	81 000	289 000	195 000
Total Equity and Debt	754 000	747 000	692 000	1 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,3 %	−6,46 %	79,04 %	139,01 %
Debt-to-Equity Ratio	0	−1,38	−1,22	−2,87
Operating Profit Margin	−4 %	137,14 %	-	-
Current Ratio	1,99	2,14	0,3	4,69
Quick Ratio	1,99	2,14	0,3	4,69
Equity Ratio	0,88	−2,32	−2,67	−0,44
Gross Profit Margin	100 %	100 %	-	-