POLYTANK AS

3158 ANDEBU

Finances

Return on Equity

39,71 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 348 000	44 064 000	27 709 000	23 601 000
Net Income	2 784 000	2 900 000	1 161 000	1 960 000
Total Assets	20 764 000	41 571 000	16 389 000	14 238 000
Total Equity	7 010 000	5 826 000	4 425 000	3 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 348 000	44 064 000	27 709 000	23 601 000
Expenditure	42 092 000	38 381 000	25 608 000	20 930 000
Operating Profit	4 256 000	5 684 000	2 101 000	2 671 000
Financial Income	1 385 000	1 339 000	817 000	391 000
Financial Costs	2 041 000	3 294 000	1 400 000	536 000
Financial Balance	−656 000	−1 955 000	−583 000	−145 000
Earnings Before Tax	3 599 000	3 729 000	1 518 000	2 526 000
Tax	815 000	828 000	357 000	565 000
Net Income	2 784 000	2 900 000	1 161 000	1 960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	558 000	620 000	225 000	316 000
Total Current Assets	20 206 000	40 951 000	16 164 000	13 922 000
Total Assets	20 764 000	41 571 000	16 389 000	14 238 000
Total Retained Equity	3 153 000	1 969 000	1 823 000	3 039 000
Total Equity	7 010 000	5 826 000	4 425 000	3 264 000
Total Long-Term Debt	4 000 000	5 000 000	0	0
Total Current Debt	9 754 000	30 745 000	11 964 000	10 974 000
Total Equity and Debt	20 764 000	41 571 000	16 389 000	14 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 348 000	44 064 000	27 709 000	23 601 000
Other Income	0	0	0	0
Revenue	46 348 000	44 064 000	27 709 000	23 601 000
Cost of Goods Sold	40 370 000	35 736 000	24 278 000	19 131 000
Salary Costs	0	0	0	275 000
Depreciation	57 000	97 000	97 000	71 000
Impairment	0	0	0	0
Expenditure	42 092 000	38 381 000	25 608 000	20 930 000
Operating Profit	4 256 000	5 684 000	2 101 000	2 671 000
Financial Income	1 385 000	1 339 000	817 000	391 000
Financial Costs	2 041 000	3 294 000	1 400 000	536 000
Financial Balance	−656 000	−1 955 000	−583 000	−145 000
Dividends	1 600 000	1 500 000	0	0
Net Income	2 784 000	2 900 000	1 161 000	1 960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	38 000	47 000	40 000
Real Eastate	25 000	60 000	128 000	197 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	22 000	50 000	79 000
Total Tangible Assets	25 000	82 000	179 000	276 000
Total Fiancial Fixed Assets	500 000	500 000	0	0
Total Fixed Assets	558 000	620 000	225 000	316 000
Stock	16 380 000	16 212 000	6 660 000	6 109 000
Total Investments	0	0	0	0
Cash, Bank	0	17 005 000	2 060 000	1 113 000
Total Current Assets	20 206 000	40 951 000	16 164 000	13 922 000
Total Assets	20 764 000	41 571 000	16 389 000	14 238 000
Total Equity	7 010 000	5 826 000	4 425 000	3 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	5 000 000	0	0
Creditors	1 039 000	2 848 000	403 000	2 212 000
Unpaid Taxes	449 000	1 739 000	975 000	852 000
Dividends	1 600 000	1 500 000	0	0
Other Current Debt	2 907 000	5 175 000	4 231 000	1 420 000
Total Current Debt	9 754 000	30 745 000	11 964 000	10 974 000
Total Equity and Debt	20 764 000	41 571 000	16 389 000	14 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,71 %	49,78 %	26,24 %	60,05 %
Debt-to-Equity Ratio	0,57	0,86	0	0
Operating Profit Margin	9,18 %	12,9 %	7,58 %	11,32 %
Current Ratio	2,07	1,33	1,35	1,27
Quick Ratio	−3,05	2,82	3,05	2,86
Equity Ratio	0,34	0,14	0,27	0,23
Gross Profit Margin	12,9 %	18,9 %	12,38 %	18,94 %