POLARVAKT AS

8200 FAUSKE

Finances

Return on Equity

25,99 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 446 000	12 616 000	11 068 000	14 525 000
Net Income	995 000	1 615 000	810 000	1 774 000
Total Assets	7 204 000	8 494 000	9 520 000	9 144 000
Total Equity	3 828 000	3 833 000	6 842 000	6 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 446 000	12 616 000	11 068 000	14 525 000
Expenditure	11 910 000	10 526 000	10 088 000	12 278 000
Operating Profit	1 273 000	2 090 000	980 000	2 246 000
Financial Income	1 000	0	9 000	−6 000
Financial Costs	36 000	24 000	−37 000	35 000
Financial Balance	−35 000	−24 000	46 000	−41 000
Earnings Before Tax	1 238 000	2 067 000	1 027 000	2 206 000
Tax	243 000	452 000	217 000	431 000
Net Income	995 000	1 615 000	810 000	1 774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	184 000	237 000	170 000
Total Current Assets	7 019 000	8 309 000	9 283 000	8 974 000
Total Assets	7 204 000	8 494 000	9 520 000	9 144 000
Total Retained Equity	3 728 000	3 733 000	6 742 000	5 932 000
Total Equity	3 828 000	3 833 000	6 842 000	6 032 000
Total Long-Term Debt	0	0	0	20 000
Total Current Debt	3 376 000	4 661 000	2 678 000	3 092 000
Total Equity and Debt	7 204 000	8 494 000	9 520 000	9 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 446 000	12 616 000	11 068 000	14 525 000
Other Income	0	0	0	0
Revenue	13 446 000	12 616 000	11 068 000	14 525 000
Cost of Goods Sold	5 615 000	4 810 000	4 557 000	6 845 000
Salary Costs	4 751 000	4 165 000	4 074 000	4 275 000
Depreciation	46 000	53 000	99 000	128 000
Impairment	0	0	0	0
Expenditure	11 910 000	10 526 000	10 088 000	12 278 000
Operating Profit	1 273 000	2 090 000	980 000	2 246 000
Financial Income	1 000	0	9 000	−6 000
Financial Costs	36 000	24 000	−37 000	35 000
Financial Balance	−35 000	−24 000	46 000	−41 000
Dividends	1 000 000	4 624 000	0	0
Net Income	995 000	1 615 000	810 000	1 774 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 000	37 000	42 000	46 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 000	142 000	190 000	118 000
Total Tangible Assets	179 000	179 000	232 000	165 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	184 000	184 000	237 000	170 000
Stock	1 604 000	1 867 000	1 665 000	1 247 000
Total Investments	0	0	0	0
Cash, Bank	2 785 000	4 591 000	2 325 000	1 732 000
Total Current Assets	7 019 000	8 309 000	9 283 000	8 974 000
Total Assets	7 204 000	8 494 000	9 520 000	9 144 000
Total Equity	3 828 000	3 833 000	6 842 000	6 032 000
Short-Term Group Debt	282 000	477 000	551 000	601 000
Total Long-Term Debt	0	0	0	20 000
Creditors	434 000	510 000	770 000	489 000
Unpaid Taxes	825 000	784 000	703 000	1 131 000
Dividends	1 000 000	4 624 000	0	0
Other Current Debt	590 000	437 000	440 000	440 000
Total Current Debt	3 376 000	4 661 000	2 678 000	3 092 000
Total Equity and Debt	7 204 000	8 494 000	9 520 000	9 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,99 %	42,13 %	11,84 %	29,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,47 %	16,57 %	8,85 %	15,46 %
Current Ratio	2,08	1,78	3,47	2,9
Quick Ratio	3,96	2,97	9,16	4,86
Equity Ratio	0,53	0,45	0,72	0,66
Gross Profit Margin	58,24 %	61,87 %	58,83 %	52,87 %