POLARIS EIENDOM ALTA AS

9514 ALTA

Finances

Share Ownership

Return on Equity

6,44 %

Current Ratio

3,8

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 914 000	3 730 000	3 590 000	3 916 000
Net Income	735 000	165 000	722 000	5 853 000
Total Assets	20 612 000	20 705 000	21 523 000	22 194 000
Total Equity	11 418 000	10 683 000	10 518 000	9 796 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 914 000	3 730 000	3 590 000	3 916 000
Expenditure	2 531 000	3 265 000	2 357 000	3 991 000
Operating Profit	1 383 000	465 000	1 233 000	−75 000
Financial Income	51 000	36 000	36 000	6 430 000
Financial Costs	492 000	290 000	344 000	571 000
Financial Balance	−441 000	−254 000	−308 000	5 859 000
Earnings Before Tax	943 000	211 000	925 000	5 784 000
Tax	207 000	46 000	203 000	−69 000
Net Income	735 000	165 000	722 000	5 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 932 000	17 253 000	16 864 000	17 347 000
Total Current Assets	3 680 000	3 451 000	4 660 000	4 848 000
Total Assets	20 612 000	20 705 000	21 523 000	22 194 000
Total Retained Equity	10 856 000	10 121 000	9 956 000	9 234 000
Total Equity	11 418 000	10 683 000	10 518 000	9 796 000
Total Long-Term Debt	8 226 000	9 206 000	10 224 000	11 724 000
Total Current Debt	968 000	816 000	781 000	674 000
Total Equity and Debt	20 612 000	20 705 000	21 523 000	22 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 000	3 590 000	3 713 000
Other Income	3 914 000	3 725 000	0	203 000
Revenue	3 914 000	3 730 000	3 590 000	3 916 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	529 000	718 000	364 000	1 107 000
Depreciation	544 000	509 000	483 000	440 000
Impairment	0	0	0	0
Expenditure	2 531 000	3 265 000	2 357 000	3 991 000
Operating Profit	1 383 000	465 000	1 233 000	−75 000
Financial Income	51 000	36 000	36 000	6 430 000
Financial Costs	492 000	290 000	344 000	571 000
Financial Balance	−441 000	−254 000	−308 000	5 859 000
Dividends	0	0	0	2 500 000
Net Income	735 000	165 000	722 000	5 853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 967 000	16 402 000	16 694 000	17 162 000
Machinery and Plant Facilities	264 000	293 000	169 000	185 000
Fixtures	510 000	558 000	0	0
Total Tangible Assets	16 742 000	17 253 000	16 864 000	17 347 000
Total Fiancial Fixed Assets	190 000	0	0	0
Total Fixed Assets	16 932 000	17 253 000	16 864 000	17 347 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 088 000	2 748 000	4 289 000	4 543 000
Total Current Assets	3 680 000	3 451 000	4 660 000	4 848 000
Total Assets	20 612 000	20 705 000	21 523 000	22 194 000
Total Equity	11 418 000	10 683 000	10 518 000	9 796 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 226 000	9 206 000	10 224 000	11 724 000
Creditors	21 000	201 000	73 000	25 000
Unpaid Taxes	129 000	146 000	118 000	210 000
Dividends	0	0	0	2 500 000
Other Current Debt	576 000	350 000	372 000	439 000
Total Current Debt	968 000	816 000	781 000	674 000
Total Equity and Debt	20 612 000	20 705 000	21 523 000	22 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,44 %	1,54 %	6,86 %	59,75 %
Debt-to-Equity Ratio	0,72	0,86	0,97	1,2
Operating Profit Margin	35,33 %	12,47 %	34,35 %	−1,92 %
Current Ratio	3,8	4,23	5,97	7,19
Quick Ratio	3,8	4,23	5,97	7,19
Equity Ratio	0,55	0,52	0,49	0,44
Gross Profit Margin	99,9 %	100 %	100 %	100 %