POLYFAI AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

50,6 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 487 000	2 001 000	2 434 000
Net Income	85 000	−2 000	40 000
Total Assets	834 000	183 000	479 000
Total Equity	168 000	83 000	85 000

Income (NOK)	2022	2021	2020
Revenue	1 487 000	2 001 000	2 434 000
Expenditure	1 340 000	2 002 000	2 382 000
Operating Profit	147 000	−1 000	51 000
Financial Income	1 000	0	0
Financial Costs	10 000	1 000	0
Financial Balance	−9 000	−1 000	0
Earnings Before Tax	138 000	−2 000	51 000
Tax	53 000	0	11 000
Net Income	85 000	−2 000	40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	834 000	183 000	479 000
Total Assets	834 000	183 000	479 000
Total Retained Equity	124 000	39 000	40 000
Total Equity	168 000	83 000	85 000
Total Long-Term Debt	0	0	0
Total Current Debt	666 000	100 000	394 000
Total Equity and Debt	834 000	183 000	479 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 487 000	1 926 000	2 359 000
Other Income	0	75 000	75 000
Revenue	1 487 000	2 001 000	2 434 000
Cost of Goods Sold	1 063 000	1 447 000	2 061 000
Salary Costs	5 000	356 000	78 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 340 000	2 002 000	2 382 000
Operating Profit	147 000	−1 000	51 000
Financial Income	1 000	0	0
Financial Costs	10 000	1 000	0
Financial Balance	−9 000	−1 000	0
Dividends	0	0	0
Net Income	85 000	−2 000	40 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	8 000	106 000	92 000
Total Current Assets	834 000	183 000	479 000
Total Assets	834 000	183 000	479 000
Total Equity	168 000	83 000	85 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	599 000	84 000	356 000
Unpaid Taxes	0	2 000	15 000
Dividends	0	0	0
Other Current Debt	14 000	14 000	12 000
Total Current Debt	666 000	100 000	394 000
Total Equity and Debt	834 000	183 000	479 000

Financial indicators	2022	2021	2020
Return on Equity	50,6 %	−2,41 %	47,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,89 %	−0,05 %	2,1 %
Current Ratio	1,25	1,83	1,22
Quick Ratio	1,25	1,83	1,22
Equity Ratio	0,2	0,45	0,18
Gross Profit Margin	28,51 %	27,69 %	15,32 %