POLESTAR AUTOMOTIVE NORWAY AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

35,98 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 301 889 000	2 121 850 000	1 418 632 000	0
Net Income	14 928 000	13 528 000	13 003 000	0
Total Assets	472 930 000	302 139 000	593 220 000	30 000
Total Equity	41 489 000	26 562 000	13 033 000	30 000

Income (NOK)	2022	2021	2020
Revenue	2 301 889 000	2 121 850 000	1 418 632 000
Expenditure	2 281 335 000	2 103 279 000	1 400 297 000
Operating Profit	20 554 000	18 571 000	18 334 000
Financial Income	−12 000	443 000	108 000
Financial Costs	1 396 000	1 669 000	1 772 000
Financial Balance	−1 408 000	−1 226 000	−1 664 000
Earnings Before Tax	19 146 000	17 344 000	16 671 000
Tax	4 218 000	3 816 000	3 668 000
Net Income	14 928 000	13 528 000	13 003 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 310 000	21 423 000	11 173 000	0
Total Current Assets	448 621 000	280 716 000	582 046 000	30 000
Total Assets	472 930 000	302 139 000	593 220 000	30 000
Total Retained Equity	41 459 000	26 532 000	13 003 000	0
Total Equity	41 489 000	26 562 000	13 033 000	30 000
Total Long-Term Debt	1 462 000	10 211 000	4 962 000	0
Total Current Debt	429 979 000	265 367 000	575 225 000	0
Total Equity and Debt	472 930 000	302 139 000	593 220 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 196 868 000	2 029 529 000	1 418 632 000
Other Income	105 021 000	92 321 000	0
Revenue	2 301 889 000	2 121 850 000	1 418 632 000
Cost of Goods Sold	2 041 212 000	1 919 116 000	1 295 641 000
Salary Costs	37 610 000	17 312 000	7 538 000
Depreciation	779 000	745 000	66 000
Impairment	0	0	0
Expenditure	2 281 335 000	2 103 279 000	1 400 297 000
Operating Profit	20 554 000	18 571 000	18 334 000
Financial Income	−12 000	443 000	108 000
Financial Costs	1 396 000	1 669 000	1 772 000
Financial Balance	−1 408 000	−1 226 000	−1 664 000
Dividends	0	0	0
Net Income	14 928 000	13 528 000	13 003 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 568 000	12 911 000	1 933 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 499 000	8 513 000	9 240 000	0
Total Tangible Assets	8 499 000	8 513 000	9 240 000	0
Total Fiancial Fixed Assets	2 242 000	0	0	0
Total Fixed Assets	24 310 000	21 423 000	11 173 000	0
Stock	142 163 000	186 479 000	367 465 000	0
Total Investments	0	0	0	0
Cash, Bank	162 788 000	61 144 000	42 576 000	0
Total Current Assets	448 621 000	280 716 000	582 046 000	30 000
Total Assets	472 930 000	302 139 000	593 220 000	30 000
Total Equity	41 489 000	26 562 000	13 033 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 462 000	10 211 000	4 962 000	0
Creditors	299 262 000	86 305 000	422 001 000	0
Unpaid Taxes	6 022 000	1 311 000	743 000	0
Dividends	0	0	0	0
Other Current Debt	119 819 000	92 810 000	135 402 000	0
Total Current Debt	429 979 000	265 367 000	575 225 000	0
Total Equity and Debt	472 930 000	302 139 000	593 220 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,98 %	50,93 %	99,77 %	0 %
Debt-to-Equity Ratio	0,04	0,38	0,38	0
Operating Profit Margin	0,89 %	0,88 %	1,29 %	-
Current Ratio	1,04	1,06	1,01	-
Quick Ratio	1,56	3,56	2,8	-
Equity Ratio	0,09	0,09	0,02	1
Gross Profit Margin	11,32 %	9,55 %	8,67 %	-