POLAR CLAMPS AS

7071 TRONDHEIM

Finances

Share Ownership

Return on Equity

86,06 %

Current Ratio

26,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 366 000	565 000	1 894 000	1 161 000
Net Income	1 605 000	−975 000	107 000	−782 000
Total Assets	1 937 000	407 000	1 750 000	1 694 000
Total Equity	1 865 000	259 000	1 234 000	1 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 366 000	565 000	1 894 000	1 161 000
Expenditure	2 763 000	943 000	1 758 000	2 172 000
Operating Profit	1 602 000	−378 000	136 000	−1 012 000
Financial Income	6 000	0	5 000	10 000
Financial Costs	3 000	0	3 000	1 000
Financial Balance	3 000	0	2 000	9 000
Earnings Before Tax	1 605 000	−378 000	137 000	−1 002 000
Tax	0	597 000	30 000	−221 000
Net Income	1 605 000	−975 000	107 000	−782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	614 000	661 000
Total Current Assets	1 937 000	400 000	1 136 000	1 033 000
Total Assets	1 937 000	407 000	1 750 000	1 694 000
Total Retained Equity	1 765 000	159 000	1 134 000	1 027 000
Total Equity	1 865 000	259 000	1 234 000	1 127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	147 000	516 000	567 000
Total Equity and Debt	1 937 000	407 000	1 750 000	1 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 363 000	565 000	1 889 000	1 153 000
Other Income	3 000	0	5 000	7 000
Revenue	4 366 000	565 000	1 894 000	1 161 000
Cost of Goods Sold	2 449 000	386 000	721 000	627 000
Salary Costs	18 000	326 000	708 000	1 058 000
Depreciation	6 000	11 000	17 000	12 000
Impairment	0	0	0	0
Expenditure	2 763 000	943 000	1 758 000	2 172 000
Operating Profit	1 602 000	−378 000	136 000	−1 012 000
Financial Income	6 000	0	5 000	10 000
Financial Costs	3 000	0	3 000	1 000
Financial Balance	3 000	0	2 000	9 000
Dividends	0	0	0	0
Net Income	1 605 000	−975 000	107 000	−782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	597 000	627 000
Real Eastate	0	0	0	5 000
Machinery and Plant Facilities	0	0	4 000	9 000
Fixtures	0	6 000	13 000	19 000
Total Tangible Assets	0	6 000	17 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	614 000	661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 160 000	352 000	763 000	796 000
Total Current Assets	1 937 000	400 000	1 136 000	1 033 000
Total Assets	1 937 000	407 000	1 750 000	1 694 000
Total Equity	1 865 000	259 000	1 234 000	1 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−2 000	87 000	98 000	220 000
Unpaid Taxes	3 000	0	45 000	45 000
Dividends	0	0	0	0
Other Current Debt	70 000	60 000	373 000	303 000
Total Current Debt	72 000	147 000	516 000	567 000
Total Equity and Debt	1 937 000	407 000	1 750 000	1 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,06 %	−376,45 %	8,67 %	−69,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,69 %	−66,9 %	7,18 %	−87,17 %
Current Ratio	26,9	2,72	2,2	1,82
Quick Ratio	26,9	2,72	2,2	1,82
Equity Ratio	0,96	0,64	0,71	0,67
Gross Profit Margin	43,91 %	31,68 %	61,93 %	45,99 %