POLAR BIL AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

9,54 %

Current Ratio

8,78

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 972 000	4 939 000	6 203 000	6 401 000
Net Income	269 000	400 000	709 000	198 000
Total Assets	4 195 000	3 826 000	3 504 000	3 123 000
Total Equity	2 819 000	2 550 000	2 150 000	1 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 972 000	4 939 000	6 203 000	6 401 000
Expenditure	4 658 000	4 426 000	5 367 000	6 082 000
Operating Profit	314 000	513 000	837 000	318 000
Financial Income	4 000	0	0	0
Financial Costs	4 000	6 000	6 000	21 000
Financial Balance	0	−6 000	−6 000	−21 000
Earnings Before Tax	315 000	507 000	831 000	297 000
Tax	46 000	108 000	122 000	99 000
Net Income	269 000	400 000	709 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 195 000	3 826 000	3 504 000	3 123 000
Total Assets	4 195 000	3 826 000	3 504 000	3 123 000
Total Retained Equity	2 069 000	1 800 000	1 400 000	691 000
Total Equity	2 819 000	2 550 000	2 150 000	1 441 000
Total Long-Term Debt	898 000	972 000	979 000	1 013 000
Total Current Debt	478 000	304 000	374 000	669 000
Total Equity and Debt	4 195 000	3 826 000	3 504 000	3 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 866 000	4 847 000	6 136 000	6 339 000
Other Income	106 000	91 000	67 000	62 000
Revenue	4 972 000	4 939 000	6 203 000	6 401 000
Cost of Goods Sold	4 246 000	3 834 000	4 218 000	4 757 000
Salary Costs	111 000	170 000	303 000	362 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 658 000	4 426 000	5 367 000	6 082 000
Operating Profit	314 000	513 000	837 000	318 000
Financial Income	4 000	0	0	0
Financial Costs	4 000	6 000	6 000	21 000
Financial Balance	0	−6 000	−6 000	−21 000
Dividends	0	0	0	0
Net Income	269 000	400 000	709 000	198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	4 098 000	2 406 000	1 900 000	3 108 000
Total Investments	0	0	0	0
Cash, Bank	12 000	1 229 000	1 565 000	8 000
Total Current Assets	4 195 000	3 826 000	3 504 000	3 123 000
Total Assets	4 195 000	3 826 000	3 504 000	3 123 000
Total Equity	2 819 000	2 550 000	2 150 000	1 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	898 000	972 000	979 000	1 013 000
Creditors	122 000	158 000	122 000	122 000
Unpaid Taxes	6 000	8 000	7 000	21 000
Dividends	0	0	0	0
Other Current Debt	10 000	30 000	122 000	113 000
Total Current Debt	478 000	304 000	374 000	669 000
Total Equity and Debt	4 195 000	3 826 000	3 504 000	3 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,54 %	15,69 %	32,98 %	13,74 %
Debt-to-Equity Ratio	0,32	0,38	0,46	0,7
Operating Profit Margin	6,32 %	10,39 %	13,49 %	4,97 %
Current Ratio	8,78	12,59	9,37	4,67
Quick Ratio	−1,16	−1,82	−2,3	−1,28
Equity Ratio	0,67	0,67	0,61	0,46
Gross Profit Margin	14,6 %	22,37 %	32 %	25,68 %