POLARVINTER AS

4637 KRISTIANSAND S

Finances

Return on Equity

28,73 %

Current Ratio

2,37

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	741 000	1 442 000	376 000
Total Assets	5 983 000	7 564 000	6 020 000
Total Equity	2 579 000	1 837 000	395 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	10 000	0	0
Operating Profit	−10 000	0	0
Financial Income	830 000	1 544 000	536 000
Financial Costs	79 000	101 000	159 000
Financial Balance	751 000	1 443 000	377 000
Earnings Before Tax	741 000	1 442 000	376 000
Tax	0	0	0
Net Income	741 000	1 442 000	376 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 796 000	5 796 000	6 000 000
Total Current Assets	187 000	1 768 000	20 000
Total Assets	5 983 000	7 564 000	6 020 000
Total Retained Equity	2 539 000	1 797 000	355 000
Total Equity	2 579 000	1 837 000	395 000
Total Long-Term Debt	3 326 000	5 531 000	5 531 000
Total Current Debt	79 000	195 000	94 000
Total Equity and Debt	5 983 000	7 564 000	6 020 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	10 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	10 000	0	0
Operating Profit	−10 000	0	0
Financial Income	830 000	1 544 000	536 000
Financial Costs	79 000	101 000	159 000
Financial Balance	751 000	1 443 000	377 000
Dividends	0	0	0
Net Income	741 000	1 442 000	376 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	5 796 000	5 796 000	6 000 000
Total Fixed Assets	5 796 000	5 796 000	6 000 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	187 000	1 768 000	20 000
Total Current Assets	187 000	1 768 000	20 000
Total Assets	5 983 000	7 564 000	6 020 000
Total Equity	2 579 000	1 837 000	395 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 326 000	5 531 000	5 531 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	79 000	195 000	94 000
Total Current Debt	79 000	195 000	94 000
Total Equity and Debt	5 983 000	7 564 000	6 020 000

Financial indicators	2022	2021	2020
Return on Equity	28,73 %	78,5 %	95,19 %
Debt-to-Equity Ratio	1,29	3,01	14
Operating Profit Margin	-	-	-
Current Ratio	2,37	9,07	0,21
Quick Ratio	2,37	9,07	0,21
Equity Ratio	0,43	0,24	0,07
Gross Profit Margin	-	-	-