POLAR SEAFOOD NORWAY AS

1511 MOSS

Finances

Return on Equity

4,84 %

Current Ratio

4,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 991 000	327 866 000	250 680 000	231 019 000
Net Income	3 055 000	9 369 000	6 172 000	19 935 000
Total Assets	82 399 000	78 452 000	71 062 000	74 224 000
Total Equity	63 184 000	60 129 000	50 759 000	44 587 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 991 000	327 866 000	250 680 000	231 019 000
Expenditure	286 440 000	317 888 000	242 802 000	233 597 000
Operating Profit	4 552 000	9 978 000	7 877 000	−2 578 000
Financial Income	27 000	2 287 000	2 202 000	22 496 000
Financial Costs	618 000	214 000	2 062 000	526 000
Financial Balance	−591 000	2 073 000	140 000	21 970 000
Earnings Before Tax	3 960 000	12 050 000	8 017 000	19 392 000
Tax	905 000	2 681 000	1 845 000	−543 000
Net Income	3 055 000	9 369 000	6 172 000	19 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 138 000	2 651 000	2 148 000	3 534 000
Total Current Assets	78 261 000	75 801 000	68 913 000	70 690 000
Total Assets	82 399 000	78 452 000	71 062 000	74 224 000
Total Retained Equity	40 484 000	37 429 000	28 059 000	21 887 000
Total Equity	63 184 000	60 129 000	50 759 000	44 587 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 215 000	18 324 000	20 303 000	29 637 000
Total Equity and Debt	82 399 000	78 452 000	71 062 000	74 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	290 778 000	327 845 000	250 680 000	230 955 000
Other Income	214 000	21 000	0	64 000
Revenue	290 991 000	327 866 000	250 680 000	231 019 000
Cost of Goods Sold	269 840 000	300 158 000	227 550 000	215 051 000
Salary Costs	10 621 000	12 237 000	10 436 000	11 957 000
Depreciation	689 000	762 000	858 000	902 000
Impairment	0	0	0	0
Expenditure	286 440 000	317 888 000	242 802 000	233 597 000
Operating Profit	4 552 000	9 978 000	7 877 000	−2 578 000
Financial Income	27 000	2 287 000	2 202 000	22 496 000
Financial Costs	618 000	214 000	2 062 000	526 000
Financial Balance	−591 000	2 073 000	140 000	21 970 000
Dividends	0	0	0	0
Net Income	3 055 000	9 369 000	6 172 000	19 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	305 000	361 000	701 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 362 000	1 249 000	461 000	768 000
Fixtures	1 644 000	1 097 000	1 327 000	1 822 000
Total Tangible Assets	4 006 000	2 345 000	1 788 000	2 590 000
Total Fiancial Fixed Assets	0	0	0	243 000
Total Fixed Assets	4 138 000	2 651 000	2 148 000	3 534 000
Stock	2 719 000	1 652 000	2 432 000	2 869 000
Total Investments	0	0	0	0
Cash, Bank	373 000	417 000	333 000	11 764 000
Total Current Assets	78 261 000	75 801 000	68 913 000	70 690 000
Total Assets	82 399 000	78 452 000	71 062 000	74 224 000
Total Equity	63 184 000	60 129 000	50 759 000	44 587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 929 000	9 078 000	14 923 000	12 490 000
Unpaid Taxes	2 368 000	2 101 000	508 000	4 155 000
Dividends	0	0	0	0
Other Current Debt	2 187 000	4 519 000	3 366 000	3 924 000
Total Current Debt	19 215 000	18 324 000	20 303 000	29 637 000
Total Equity and Debt	82 399 000	78 452 000	71 062 000	74 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,84 %	15,58 %	12,16 %	44,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,56 %	3,04 %	3,14 %	−1,12 %
Current Ratio	4,07	4,14	3,39	2,39
Quick Ratio	4,74	4,55	3,86	2,64
Equity Ratio	0,77	0,77	0,71	0,6
Gross Profit Margin	7,27 %	8,45 %	9,23 %	6,91 %