POLYNOR AS

0349 OSLO

Finances

Share Ownership

Return on Equity

7,29 %

Current Ratio

4,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 445 000	5 063 000	6 121 000	5 900 000
Net Income	125 000	−11 000	574 000	327 000
Total Assets	2 251 000	2 061 000	3 030 000	4 565 000
Total Equity	1 714 000	1 589 000	1 600 000	1 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 445 000	5 063 000	6 121 000	5 900 000
Expenditure	6 234 000	5 027 000	5 437 000	5 492 000
Operating Profit	211 000	37 000	684 000	409 000
Financial Income	132 000	43 000	127 000	26 000
Financial Costs	169 000	88 000	76 000	58 000
Financial Balance	−37 000	−45 000	51 000	−32 000
Earnings Before Tax	174 000	−8 000	736 000	376 000
Tax	50 000	3 000	162 000	49 000
Net Income	125 000	−11 000	574 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 251 000	2 061 000	3 030 000	4 565 000
Total Assets	2 251 000	2 061 000	3 030 000	4 565 000
Total Retained Equity	1 314 000	1 189 000	1 200 000	626 000
Total Equity	1 714 000	1 589 000	1 600 000	1 026 000
Total Long-Term Debt	0	0	207 000	207 000
Total Current Debt	537 000	472 000	1 222 000	3 332 000
Total Equity and Debt	2 251 000	2 061 000	3 030 000	4 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 445 000	5 063 000	6 121 000	5 890 000
Other Income	0	0	0	11 000
Revenue	6 445 000	5 063 000	6 121 000	5 900 000
Cost of Goods Sold	4 261 000	3 186 000	3 641 000	3 935 000
Salary Costs	1 249 000	1 183 000	972 000	869 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 234 000	5 027 000	5 437 000	5 492 000
Operating Profit	211 000	37 000	684 000	409 000
Financial Income	132 000	43 000	127 000	26 000
Financial Costs	169 000	88 000	76 000	58 000
Financial Balance	−37 000	−45 000	51 000	−32 000
Dividends	0	0	0	0
Net Income	125 000	−11 000	574 000	327 000

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	390 000	539 000	0	956 000
Total Investments	0	0	0	0
Cash, Bank	1 251 000	819 000	2 271 000	2 672 000
Total Current Assets	2 251 000	2 061 000	3 030 000	4 565 000
Total Assets	2 251 000	2 061 000	3 030 000	4 565 000
Total Equity	1 714 000	1 589 000	1 600 000	1 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	207 000	207 000
Creditors	188 000	277 000	830 000	1 877 000
Unpaid Taxes	81 000	76 000	62 000	0
Dividends	0	0	0	0
Other Current Debt	219 000	116 000	169 000	1 406 000
Total Current Debt	537 000	472 000	1 222 000	3 332 000
Total Equity and Debt	2 251 000	2 061 000	3 030 000	4 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,29 %	−0,69 %	35,88 %	31,87 %
Debt-to-Equity Ratio	0	0	0,13	0,2
Operating Profit Margin	3,27 %	0,73 %	11,17 %	6,93 %
Current Ratio	4,19	4,37	2,48	1,37
Quick Ratio	15,31	−30,76	2,48	1,92
Equity Ratio	0,76	0,77	0,53	0,22
Gross Profit Margin	33,89 %	37,07 %	40,52 %	33,31 %