POLOFAS AS

3290 STAVERN

Finances

Return on Equity

−7,16 %

Current Ratio

8,71

Debt-to-Equity Ratio

1,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	788 000	817 000	1 314 000	669 000
Net Income	−129 000	−7 000	−1 106 000	10 000
Total Assets	5 694 000	5 721 000	5 414 000	7 753 000
Total Equity	1 801 000	1 930 000	1 768 000	4 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	788 000	817 000	1 314 000	669 000
Expenditure	820 000	668 000	2 579 000	609 000
Operating Profit	−32 000	149 000	−1 264 000	60 000
Financial Income	0	0	15 000	0
Financial Costs	62 000	15 000	168 000	50 000
Financial Balance	−62 000	−15 000	−153 000	−50 000
Earnings Before Tax	−93 000	135 000	−1 417 000	11 000
Tax	36 000	142 000	−312 000	1 000
Net Income	−129 000	−7 000	−1 106 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	566 000	688 000	2 386 000
Total Current Assets	5 164 000	5 155 000	4 726 000	5 367 000
Total Assets	5 694 000	5 721 000	5 414 000	7 753 000
Total Retained Equity	801 000	930 000	768 000	3 624 000
Total Equity	1 801 000	1 930 000	1 768 000	4 624 000
Total Long-Term Debt	3 300 000	3 300 000	3 300 000	2 377 000
Total Current Debt	593 000	491 000	346 000	753 000
Total Equity and Debt	5 694 000	5 721 000	5 414 000	7 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	788 000	817 000	1 038 000	669 000
Other Income	0	0	276 000	0
Revenue	788 000	817 000	1 314 000	669 000
Cost of Goods Sold	285 000	145 000	0	0
Salary Costs	276 000	263 000	156 000	39 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	820 000	668 000	2 579 000	609 000
Operating Profit	−32 000	149 000	−1 264 000	60 000
Financial Income	0	0	15 000	0
Financial Costs	62 000	15 000	168 000	50 000
Financial Balance	−62 000	−15 000	−153 000	−50 000
Dividends	0	0	0	0
Net Income	−129 000	−7 000	−1 106 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	170 000	312 000	0
Real Eastate	376 000	376 000	376 000	376 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	376 000	376 000	376 000	376 000
Total Fiancial Fixed Assets	20 000	20 000	0	2 010 000
Total Fixed Assets	530 000	566 000	688 000	2 386 000
Stock	4 639 000	4 639 000	4 639 000	5 279 000
Total Investments	0	0	0	0
Cash, Bank	518 000	516 000	26 000	88 000
Total Current Assets	5 164 000	5 155 000	4 726 000	5 367 000
Total Assets	5 694 000	5 721 000	5 414 000	7 753 000
Total Equity	1 801 000	1 930 000	1 768 000	4 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 300 000	3 300 000	3 300 000	2 377 000
Creditors	0	0	3 000	3 000
Unpaid Taxes	13 000	19 000	13 000	0
Dividends	0	0	0	0
Other Current Debt	580 000	473 000	330 000	649 000
Total Current Debt	593 000	491 000	346 000	753 000
Total Equity and Debt	5 694 000	5 721 000	5 414 000	7 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,16 %	−0,36 %	−62,56 %	0,22 %
Debt-to-Equity Ratio	1,83	1,71	1,87	0,51
Operating Profit Margin	−4,06 %	18,24 %	−96,19 %	8,97 %
Current Ratio	8,71	10,5	13,66	7,13
Quick Ratio	−1,28	−1,24	−1,1	−1,19
Equity Ratio	0,32	0,34	0,33	0,6
Gross Profit Margin	63,83 %	82,25 %	100 %	100 %