POLARBADET AS

9325 BARDUFOSS

Finances

Return on Equity

22,81 %

Current Ratio

3,24

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 896 000	13 422 000	12 321 000	13 383 000
Net Income	1 390 000	1 481 000	−84 000	−1 358 000
Total Assets	12 434 000	11 327 000	10 793 000	10 853 000
Total Equity	6 095 000	4 705 000	3 225 000	3 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 896 000	13 422 000	12 321 000	13 383 000
Expenditure	12 357 000	11 797 000	12 229 000	14 549 000
Operating Profit	1 539 000	1 626 000	92 000	−1 165 000
Financial Income	1 000	0	0	1 000
Financial Costs	150 000	146 000	176 000	194 000
Financial Balance	−149 000	−146 000	−176 000	−193 000
Earnings Before Tax	1 390 000	1 481 000	−84 000	−1 358 000
Tax	0	0	0	0
Net Income	1 390 000	1 481 000	−84 000	−1 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 644 000	6 533 000	7 622 000	8 258 000
Total Current Assets	6 790 000	4 794 000	3 171 000	2 595 000
Total Assets	12 434 000	11 327 000	10 793 000	10 853 000
Total Retained Equity	1 095 000	−295 000	−1 775 000	−1 692 000
Total Equity	6 095 000	4 705 000	3 225 000	3 308 000
Total Long-Term Debt	4 244 000	4 842 000	5 439 000	5 666 000
Total Current Debt	2 094 000	1 780 000	2 129 000	1 878 000
Total Equity and Debt	12 434 000	11 327 000	10 793 000	10 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 790 000	10 008 000	9 000 000	11 090 000
Other Income	106 000	3 414 000	3 320 000	2 293 000
Revenue	13 896 000	13 422 000	12 321 000	13 383 000
Cost of Goods Sold	1 172 000	939 000	922 000	1 286 000
Salary Costs	6 083 000	5 987 000	5 480 000	6 779 000
Depreciation	1 552 000	1 486 000	1 465 000	1 358 000
Impairment	0	0	0	0
Expenditure	12 357 000	11 797 000	12 229 000	14 549 000
Operating Profit	1 539 000	1 626 000	92 000	−1 165 000
Financial Income	1 000	0	0	1 000
Financial Costs	150 000	146 000	176 000	194 000
Financial Balance	−149 000	−146 000	−176 000	−193 000
Dividends	0	0	0	0
Net Income	1 390 000	1 481 000	−84 000	−1 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	0	0	0
Real Eastate	1 258 000	1 614 000	1 970 000	2 326 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 144 000	4 777 000	5 521 000	5 812 000
Total Tangible Assets	5 402 000	6 391 000	7 491 000	8 138 000
Total Fiancial Fixed Assets	154 000	142 000	132 000	120 000
Total Fixed Assets	5 644 000	6 533 000	7 622 000	8 258 000
Stock	398 000	348 000	279 000	256 000
Total Investments	0	0	0	0
Cash, Bank	4 719 000	3 172 000	1 245 000	1 411 000
Total Current Assets	6 790 000	4 794 000	3 171 000	2 595 000
Total Assets	12 434 000	11 327 000	10 793 000	10 853 000
Total Equity	6 095 000	4 705 000	3 225 000	3 308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 244 000	4 842 000	5 439 000	5 666 000
Creditors	298 000	336 000	913 000	552 000
Unpaid Taxes	369 000	346 000	235 000	290 000
Dividends	0	0	0	0
Other Current Debt	1 428 000	1 099 000	981 000	1 037 000
Total Current Debt	2 094 000	1 780 000	2 129 000	1 878 000
Total Equity and Debt	12 434 000	11 327 000	10 793 000	10 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,81 %	31,48 %	−2,6 %	−41,05 %
Debt-to-Equity Ratio	0,7	1,03	1,69	1,71
Operating Profit Margin	11,08 %	12,11 %	0,75 %	−8,71 %
Current Ratio	3,24	2,69	1,49	1,38
Quick Ratio	4	3,35	1,71	1,6
Equity Ratio	0,49	0,42	0,3	0,3
Gross Profit Margin	91,57 %	93 %	92,52 %	90,39 %