Polar Hotell & Restaurantdrift AS

0184 OSLO

Finances

Return on Equity

−185,85 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	247 541 000	153 346 000	115 031 000	173 553 000
Net Income	−23 134 000	−32 018 000	−20 201 000	−6 918 000
Total Assets	191 299 000	176 261 000	69 926 000	57 373 000
Total Equity	12 448 000	4 382 000	520 000	2 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	247 541 000	153 346 000	115 031 000	173 553 000
Expenditure	273 787 000	193 044 000	140 420 000	181 664 000
Operating Profit	−26 246 000	−39 698 000	−25 388 000	−8 111 000
Financial Income	369 000	182 000	154 000	270 000
Financial Costs	3 674 000	1 468 000	627 000	939 000
Financial Balance	−3 305 000	−1 286 000	−473 000	−669 000
Earnings Before Tax	−29 552 000	−40 984 000	−25 861 000	−8 780 000
Tax	−6 418 000	−8 967 000	−5 660 000	−1 862 000
Net Income	−23 134 000	−32 018 000	−20 201 000	−6 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 319 000	107 824 000	36 776 000	30 876 000
Total Current Assets	57 980 000	68 437 000	33 150 000	26 497 000
Total Assets	191 299 000	176 261 000	69 926 000	57 373 000
Total Retained Equity	0	0	0	0
Total Equity	12 448 000	4 382 000	520 000	2 000 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	178 850 000	171 879 000	69 406 000	55 373 000
Total Equity and Debt	191 299 000	176 261 000	69 926 000	57 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	234 777 000	135 674 000	101 158 000	162 787 000
Other Income	12 764 000	17 672 000	13 873 000	10 767 000
Revenue	247 541 000	153 346 000	115 031 000	173 553 000
Cost of Goods Sold	32 224 000	20 358 000	11 830 000	22 149 000
Salary Costs	72 248 000	48 568 000	30 197 000	44 366 000
Depreciation	29 513 000	14 018 000	8 411 000	6 618 000
Impairment	0	0	0	0
Expenditure	273 787 000	193 044 000	140 420 000	181 664 000
Operating Profit	−26 246 000	−39 698 000	−25 388 000	−8 111 000
Financial Income	369 000	182 000	154 000	270 000
Financial Costs	3 674 000	1 468 000	627 000	939 000
Financial Balance	−3 305 000	−1 286 000	−473 000	−669 000
Dividends	0	0	0	0
Net Income	−23 134 000	−32 018 000	−20 201 000	−6 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 617 000	659 000	1 657 000	1 395 000
Real Eastate	0	0	0	3 638 000
Machinery and Plant Facilities	0	36 641 000	0	0
Fixtures	131 488 000	70 311 000	34 905 000	25 629 000
Total Tangible Assets	131 488 000	106 951 000	34 905 000	29 267 000
Total Fiancial Fixed Assets	214 000	214 000	214 000	214 000
Total Fixed Assets	133 319 000	107 824 000	36 776 000	30 876 000
Stock	4 792 000	3 993 000	2 200 000	2 323 000
Total Investments	0	0	0	0
Cash, Bank	65 000	65 000	66 000	65 000
Total Current Assets	57 980 000	68 437 000	33 150 000	26 497 000
Total Assets	191 299 000	176 261 000	69 926 000	57 373 000
Total Equity	12 448 000	4 382 000	520 000	2 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 640 000	9 362 000	3 591 000	8 084 000
Unpaid Taxes	3 187 000	2 649 000	1 252 000	1 920 000
Dividends	0	0	0	0
Other Current Debt	156 786 000	159 713 000	64 563 000	45 025 000
Total Current Debt	178 850 000	171 879 000	69 406 000	55 373 000
Total Equity and Debt	191 299 000	176 261 000	69 926 000	57 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,85 %	−730,67 %	−3 884,81 %	−345,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,6 %	−25,89 %	−22,07 %	−4,67 %
Current Ratio	0,32	0,4	0,48	0,48
Quick Ratio	0,33	0,41	0,49	0,5
Equity Ratio	0,07	0,02	0,01	0,03
Gross Profit Margin	86,98 %	86,72 %	89,72 %	87,24 %