POLARPOR AS

9990 BÅTSFJORD

Finances

Return on Equity

5,69 %

Current Ratio

0,22

Debt-to-Equity Ratio

3,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 366 000	10 172 000	7 807 000	9 331 000
Net Income	519 000	−3 052 000	−314 000	−103 000
Total Assets	49 970 000	51 676 000	53 402 000	55 090 000
Total Equity	9 127 000	8 608 000	11 660 000	11 973 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 366 000	10 172 000	7 807 000	9 331 000
Expenditure	6 921 000	10 523 000	6 475 000	7 311 000
Operating Profit	2 444 000	−351 000	1 332 000	2 020 000
Financial Income	1 000	13 000	4 000	−36 000
Financial Costs	1 780 000	3 194 000	1 738 000	2 253 000
Financial Balance	−1 779 000	−3 181 000	−1 734 000	−2 289 000
Earnings Before Tax	665 000	−3 532 000	−402 000	−270 000
Tax	146 000	−480 000	−88 000	−167 000
Net Income	519 000	−3 052 000	−314 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 774 000	48 127 000	49 406 000	50 039 000
Total Current Assets	2 196 000	3 549 000	3 996 000	5 051 000
Total Assets	49 970 000	51 676 000	53 402 000	55 090 000
Total Retained Equity	5 704 000	5 185 000	8 237 000	8 551 000
Total Equity	9 127 000	8 608 000	11 660 000	11 973 000
Total Long-Term Debt	31 007 000	33 025 000	35 936 000	38 115 000
Total Current Debt	9 836 000	10 043 000	5 806 000	5 002 000
Total Equity and Debt	49 970 000	51 676 000	53 402 000	55 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 039 000	8 479 000	7 584 000	8 323 000
Other Income	328 000	1 693 000	223 000	1 007 000
Revenue	9 366 000	10 172 000	7 807 000	9 331 000
Cost of Goods Sold	50 000	0	17 000	41 000
Salary Costs	1 364 000	1 332 000	1 647 000	2 337 000
Depreciation	397 000	564 000	693 000	686 000
Impairment	0	0	0	0
Expenditure	6 921 000	10 523 000	6 475 000	7 311 000
Operating Profit	2 444 000	−351 000	1 332 000	2 020 000
Financial Income	1 000	13 000	4 000	−36 000
Financial Costs	1 780 000	3 194 000	1 738 000	2 253 000
Financial Balance	−1 779 000	−3 181 000	−1 734 000	−2 289 000
Dividends	0	0	0	0
Net Income	519 000	−3 052 000	−314 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 327 000	34 539 000	34 786 000	35 075 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	176 000	317 000	350 000	695 000
Total Tangible Assets	34 503 000	34 856 000	35 136 000	35 770 000
Total Fiancial Fixed Assets	13 271 000	13 271 000	14 270 000	14 270 000
Total Fixed Assets	47 774 000	48 127 000	49 406 000	50 039 000
Stock	50 000	100 000	100 000	100 000
Total Investments	0	0	0	0
Cash, Bank	67 000	359 000	−198 000	875 000
Total Current Assets	2 196 000	3 549 000	3 996 000	5 051 000
Total Assets	49 970 000	51 676 000	53 402 000	55 090 000
Total Equity	9 127 000	8 608 000	11 660 000	11 973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 007 000	33 025 000	35 936 000	38 115 000
Creditors	8 490 000	9 134 000	4 824 000	3 675 000
Unpaid Taxes	79 000	69 000	176 000	299 000
Dividends	0	0	0	0
Other Current Debt	862 000	840 000	805 000	1 028 000
Total Current Debt	9 836 000	10 043 000	5 806 000	5 002 000
Total Equity and Debt	49 970 000	51 676 000	53 402 000	55 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,69 %	−35,46 %	−2,69 %	−0,86 %
Debt-to-Equity Ratio	3,4	3,84	3,08	3,18
Operating Profit Margin	26,09 %	−3,45 %	17,06 %	21,65 %
Current Ratio	0,22	0,35	0,69	1,01
Quick Ratio	0,22	0,36	0,7	1,03
Equity Ratio	0,18	0,17	0,22	0,22
Gross Profit Margin	99,47 %	100 %	99,78 %	99,56 %