POLYFIBER AS

1814 ASKIM

Finances

Share Ownership

Return on Equity

−1 052,21 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	633 000	4 896 000	5 491 000	6 919 000
Net Income	−1 189 000	−314 000	−149 000	−109 000
Total Assets	597 000	691 000	3 514 000	2 187 000
Total Equity	113 000	−268 000	46 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	633 000	4 896 000	5 491 000	6 919 000
Expenditure	1 775 000	5 256 000	5 587 000	6 862 000
Operating Profit	−1 142 000	−360 000	−96 000	57 000
Financial Income	3 000	18 000	17 000	8 000
Financial Costs	0	16 000	85 000	29 000
Financial Balance	3 000	2 000	−68 000	−21 000
Earnings Before Tax	−1 139 000	−358 000	−164 000	36 000
Tax	50 000	−44 000	−15 000	146 000
Net Income	−1 189 000	−314 000	−149 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	223 000	193 000	193 000
Total Current Assets	439 000	468 000	3 321 000	1 994 000
Total Assets	597 000	691 000	3 514 000	2 187 000
Total Retained Equity	−2 857 000	−1 668 000	−1 354 000	−1 206 000
Total Equity	113 000	−268 000	46 000	194 000
Total Long-Term Debt	0	649 000	520 000	305 000
Total Current Debt	484 000	310 000	2 949 000	1 687 000
Total Equity and Debt	597 000	691 000	3 514 000	2 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	633 000	4 896 000	5 412 000	6 919 000
Other Income	0	0	79 000	0
Revenue	633 000	4 896 000	5 491 000	6 919 000
Cost of Goods Sold	339 000	3 752 000	4 352 000	5 284 000
Salary Costs	924 000	830 000	586 000	685 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	1 775 000	5 256 000	5 587 000	6 862 000
Operating Profit	−1 142 000	−360 000	−96 000	57 000
Financial Income	3 000	18 000	17 000	8 000
Financial Costs	0	16 000	85 000	29 000
Financial Balance	3 000	2 000	−68 000	−21 000
Dividends	0	0	0	0
Net Income	−1 189 000	−314 000	−149 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	159 000	223 000	193 000	193 000
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	159 000	223 000	193 000	193 000
Stock	330 000	126 000	202 000	364 000
Total Investments	0	0	0	0
Cash, Bank	40 000	88 000	574 000	1 276 000
Total Current Assets	439 000	468 000	3 321 000	1 994 000
Total Assets	597 000	691 000	3 514 000	2 187 000
Total Equity	113 000	−268 000	46 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	649 000	520 000	305 000
Creditors	343 000	177 000	2 273 000	940 000
Unpaid Taxes	59 000	61 000	343 000	605 000
Dividends	0	0	0	0
Other Current Debt	81 000	72 000	332 000	143 000
Total Current Debt	484 000	310 000	2 949 000	1 687 000
Total Equity and Debt	597 000	691 000	3 514 000	2 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 052,21 %	117,16 %	−323,91 %	−56,19 %
Debt-to-Equity Ratio	0	−2,42	11,3	1,57
Operating Profit Margin	−180,41 %	−7,35 %	−1,75 %	0,82 %
Current Ratio	0,91	1,51	1,13	1,18
Quick Ratio	2,85	2,54	1,21	1,51
Equity Ratio	0,19	−0,39	0,01	0,09
Gross Profit Margin	46,45 %	23,37 %	20,74 %	23,63 %