POLARSTRAND BRYGGE AS

9105 KVALØYA

Finances

Return on Equity

−4,44 %

Current Ratio

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	0	8 000	5 000
Net Income	−50 000	79 000	63 000	175 000
Total Assets	1 172 000	1 223 000	1 151 000	1 088 000
Total Equity	1 126 000	1 175 000	1 096 000	1 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	0	8 000	5 000
Expenditure	18 000	15 000	36 000	24 000
Operating Profit	25 000	−15 000	−28 000	−20 000
Financial Income	8 000	484 000	95 000	177 000
Financial Costs	76 000	391 000	10 000	0
Financial Balance	−68 000	93 000	85 000	177 000
Earnings Before Tax	−42 000	79 000	57 000	157 000
Tax	7 000	0	−6 000	−18 000
Net Income	−50 000	79 000	63 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	197 000	197 000	4 000
Total Current Assets	992 000	1 026 000	955 000	1 084 000
Total Assets	1 172 000	1 223 000	1 151 000	1 088 000
Total Retained Equity	1 026 000	1 075 000	996 000	934 000
Total Equity	1 126 000	1 175 000	1 096 000	1 034 000
Total Long-Term Debt	31 000	38 000	48 000	61 000
Total Current Debt	16 000	9 000	7 000	−7 000
Total Equity and Debt	1 172 000	1 223 000	1 151 000	1 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	0	8 000	5 000
Other Income	0	0	0	0
Revenue	43 000	0	8 000	5 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	4 000	8 000
Impairment	0	0	0	0
Expenditure	18 000	15 000	36 000	24 000
Operating Profit	25 000	−15 000	−28 000	−20 000
Financial Income	8 000	484 000	95 000	177 000
Financial Costs	76 000	391 000	10 000	0
Financial Balance	−68 000	93 000	85 000	177 000
Dividends	0	0	0	0
Net Income	−50 000	79 000	63 000	175 000

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	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	180 000	197 000	197 000	0
Total Fixed Assets	180 000	197 000	197 000	4 000
Stock	0	0	0	0
Total Investments	876 000	944 000	938 000	1 031 000
Cash, Bank	116 000	83 000	16 000	53 000
Total Current Assets	992 000	1 026 000	955 000	1 084 000
Total Assets	1 172 000	1 223 000	1 151 000	1 088 000
Total Equity	1 126 000	1 175 000	1 096 000	1 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	38 000	48 000	61 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	16 000	9 000	7 000	−7 000
Total Equity and Debt	1 172 000	1 223 000	1 151 000	1 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,44 %	6,72 %	5,75 %	16,92 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,06
Operating Profit Margin	58,14 %	-	−350 %	−400 %
Current Ratio	62	114	136,43	−154,86
Quick Ratio	62	114	136,43	−154,86
Equity Ratio	0,96	0,96	0,95	0,95
Gross Profit Margin	100 %	-	100 %	100 %