STIFTELSEN POLARIA

9007 TROMSØ

Finances

Return on Equity

−13,66 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 943 000	21 820 000	16 183 000	22 308 000
Net Income	−1 011 000	−301 000	−822 000	−1 277 000
Total Assets	11 341 000	9 984 000	10 799 000	11 790 000
Total Equity	7 400 000	8 411 000	8 713 000	9 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 943 000	21 820 000	16 183 000	22 308 000
Expenditure	26 956 000	22 117 000	17 021 000	23 627 000
Operating Profit	−1 014 000	−298 000	−838 000	−1 319 000
Financial Income	6 000	1 000	16 000	51 000
Financial Costs	4 000	4 000	0	8 000
Financial Balance	2 000	−3 000	16 000	43 000
Earnings Before Tax	−1 011 000	−301 000	−822 000	−1 277 000
Tax	0	0	0	0
Net Income	−1 011 000	−301 000	−822 000	−1 277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 180 000	1 687 000	2 213 000	2 842 000
Total Current Assets	10 161 000	8 297 000	8 586 000	8 947 000
Total Assets	11 341 000	9 984 000	10 799 000	11 790 000
Total Retained Equity	−21 673 000	−20 662 000	−20 361 000	−19 538 000
Total Equity	7 400 000	8 411 000	8 713 000	9 535 000
Total Long-Term Debt	19 000	29 000	39 000	49 000
Total Current Debt	3 921 000	1 543 000	2 047 000	2 205 000
Total Equity and Debt	11 341 000	9 984 000	10 799 000	11 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 854 000	9 191 000	10 549 000	21 456 000
Other Income	6 089 000	12 628 000	5 634 000	852 000
Revenue	25 943 000	21 820 000	16 183 000	22 308 000
Cost of Goods Sold	2 862 000	1 534 000	2 022 000	4 172 000
Salary Costs	10 254 000	8 357 000	7 499 000	11 155 000
Depreciation	506 000	604 000	736 000	749 000
Impairment	0	0	0	0
Expenditure	26 956 000	22 117 000	17 021 000	23 627 000
Operating Profit	−1 014 000	−298 000	−838 000	−1 319 000
Financial Income	6 000	1 000	16 000	51 000
Financial Costs	4 000	4 000	0	8 000
Financial Balance	2 000	−3 000	16 000	43 000
Dividends	0	0	0	0
Net Income	−1 011 000	−301 000	−822 000	−1 277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	165 000	193 000	221 000	250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	984 000	1 461 000	1 956 000	2 556 000
Total Tangible Assets	1 148 000	1 654 000	2 178 000	2 806 000
Total Fiancial Fixed Assets	32 000	33 000	35 000	36 000
Total Fixed Assets	1 180 000	1 687 000	2 213 000	2 842 000
Stock	1 346 000	1 068 000	1 101 000	1 671 000
Total Investments	0	0	0	0
Cash, Bank	6 395 000	3 878 000	5 083 000	6 608 000
Total Current Assets	10 161 000	8 297 000	8 586 000	8 947 000
Total Assets	11 341 000	9 984 000	10 799 000	11 790 000
Total Equity	7 400 000	8 411 000	8 713 000	9 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	29 000	39 000	49 000
Creditors	2 636 000	527 000	956 000	299 000
Unpaid Taxes	361 000	312 000	322 000	673 000
Dividends	0	0	0	0
Other Current Debt	924 000	704 000	770 000	1 233 000
Total Current Debt	3 921 000	1 543 000	2 047 000	2 205 000
Total Equity and Debt	11 341 000	9 984 000	10 799 000	11 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,66 %	−3,58 %	−9,43 %	−13,39 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−3,91 %	−1,37 %	−5,18 %	−5,91 %
Current Ratio	2,59	5,38	4,19	4,06
Quick Ratio	3,95	17,47	9,08	16,75
Equity Ratio	0,65	0,84	0,81	0,81
Gross Profit Margin	88,97 %	92,97 %	87,51 %	81,3 %