POLARBASE EIENDOM AS

9610 RYPEFJORD

Finances

Return on Equity

5,54 %

Current Ratio

2,38

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 784 000	67 784 000	67 543 000	65 813 000
Net Income	31 752 000	31 338 000	31 675 000	22 953 000
Total Assets	631 124 000	630 449 000	632 491 000	620 875 000
Total Equity	573 375 000	576 655 000	577 165 000	577 339 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 784 000	67 784 000	67 543 000	65 813 000
Expenditure	27 496 000	26 776 000	26 631 000	25 867 000
Operating Profit	40 288 000	41 008 000	40 913 000	39 946 000
Financial Income	1 493 000	242 000	769 000	795 000
Financial Costs	1 073 000	1 073 000	1 073 000	11 302 000
Financial Balance	420 000	−831 000	−304 000	−10 507 000
Earnings Before Tax	40 708 000	40 177 000	40 609 000	29 439 000
Tax	8 956 000	8 839 000	8 934 000	6 486 000
Net Income	31 752 000	31 338 000	31 675 000	22 953 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	517 682 000	535 499 000	550 615 000	573 253 000
Total Current Assets	113 442 000	94 950 000	81 876 000	47 623 000
Total Assets	631 124 000	630 449 000	632 491 000	620 875 000
Total Retained Equity	190 217 000	193 497 000	194 007 000	194 180 000
Total Equity	573 375 000	576 655 000	577 165 000	577 339 000
Total Long-Term Debt	10 174 000	10 917 000	11 442 000	11 657 000
Total Current Debt	47 575 000	42 877 000	43 883 000	31 880 000
Total Equity and Debt	631 124 000	630 449 000	632 491 000	620 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	67 784 000	67 784 000	67 543 000	65 813 000
Revenue	67 784 000	67 784 000	67 543 000	65 813 000
Cost of Goods Sold	0	0	0	11 000
Salary Costs	0	0	0	0
Depreciation	20 977 000	20 838 000	20 698 000	19 817 000
Impairment	0	0	0	0
Expenditure	27 496 000	26 776 000	26 631 000	25 867 000
Operating Profit	40 288 000	41 008 000	40 913 000	39 946 000
Financial Income	1 493 000	242 000	769 000	795 000
Financial Costs	1 073 000	1 073 000	1 073 000	11 302 000
Financial Balance	420 000	−831 000	−304 000	−10 507 000
Dividends	712 000	648 000	648 000	437 000
Net Income	31 752 000	31 338 000	31 675 000	22 953 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	507 121 000	519 903 000	538 887 000	551 421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	508 101 000	524 845 000	538 887 000	556 571 000
Total Fiancial Fixed Assets	9 582 000	10 655 000	11 728 000	16 681 000
Total Fixed Assets	517 682 000	535 499 000	550 615 000	573 253 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 442 000	94 950 000	64 812 000	23 580 000
Total Current Assets	113 442 000	94 950 000	81 876 000	47 623 000
Total Assets	631 124 000	630 449 000	632 491 000	620 875 000
Total Equity	573 375 000	576 655 000	577 165 000	577 339 000
Short-Term Group Debt	44 000 000	40 000 000	40 000 000	27 000 000
Total Long-Term Debt	10 174 000	10 917 000	11 442 000	11 657 000
Creditors	350 000	178 000	445 000	3 100 000
Unpaid Taxes	2 494 000	1 486 000	2 442 000	992 000
Dividends	712 000	648 000	648 000	437 000
Other Current Debt	0	0	0	0
Total Current Debt	47 575 000	42 877 000	43 883 000	31 880 000
Total Equity and Debt	631 124 000	630 449 000	632 491 000	620 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,54 %	5,43 %	5,49 %	3,98 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,02
Operating Profit Margin	59,44 %	60,5 %	60,57 %	60,7 %
Current Ratio	2,38	2,21	1,87	1,49
Quick Ratio	2,38	2,21	1,87	1,49
Equity Ratio	0,91	0,91	0,91	0,93
Gross Profit Margin	100 %	100 %	100 %	99,98 %