POLYFORM AS

6020 ÅLESUND

Finances

Return on Equity

33,01 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	201 603 000	175 863 000	143 985 000	139 117 000
Net Income	18 881 000	16 807 000	11 619 000	8 713 000
Total Assets	104 935 000	108 193 000	92 072 000	81 143 000
Total Equity	57 196 000	57 196 000	57 196 000	51 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	201 603 000	175 863 000	143 985 000	139 117 000
Expenditure	177 649 000	160 417 000	128 140 000	124 484 000
Operating Profit	23 857 000	21 389 000	15 489 000	11 356 000
Financial Income	610 000	507 000	−236 000	297 000
Financial Costs	219 000	336 000	342 000	448 000
Financial Balance	391 000	171 000	−578 000	−151 000
Earnings Before Tax	24 248 000	21 561 000	14 910 000	11 205 000
Tax	5 367 000	4 753 000	3 291 000	2 492 000
Net Income	18 881 000	16 807 000	11 619 000	8 713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 368 000	33 371 000	31 552 000	32 630 000
Total Current Assets	66 567 000	74 822 000	60 520 000	48 513 000
Total Assets	104 935 000	108 193 000	92 072 000	81 143 000
Total Retained Equity	51 996 000	51 996 000	51 996 000	46 177 000
Total Equity	57 196 000	57 196 000	57 196 000	51 377 000
Total Long-Term Debt	3 288 000	3 905 000	5 052 000	5 635 000
Total Current Debt	44 451 000	47 091 000	29 824 000	24 131 000
Total Equity and Debt	104 935 000	108 193 000	92 072 000	81 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	201 603 000	175 743 000	143 985 000	139 117 000
Other Income	0	120 000	0	0
Revenue	201 603 000	175 863 000	143 985 000	139 117 000
Cost of Goods Sold	73 367 000	64 075 000	45 267 000	42 065 000
Salary Costs	61 294 000	56 507 000	45 161 000	44 655 000
Depreciation	5 480 000	5 292 000	5 679 000	4 870 000
Impairment	0	0	0	0
Expenditure	177 649 000	160 417 000	128 140 000	124 484 000
Operating Profit	23 857 000	21 389 000	15 489 000	11 356 000
Financial Income	610 000	507 000	−236 000	297 000
Financial Costs	219 000	336 000	342 000	448 000
Financial Balance	391 000	171 000	−578 000	−151 000
Dividends	18 881 000	16 807 000	5 800 000	2 000 000
Net Income	18 881 000	16 807 000	11 619 000	8 713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 161 000	0	63 000	132 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 733 000	21 499 000	23 551 000	24 274 000
Fixtures	11 440 000	11 839 000	7 905 000	8 190 000
Total Tangible Assets	35 173 000	33 337 000	31 456 000	32 464 000
Total Fiancial Fixed Assets	33 000	33 000	33 000	33 000
Total Fixed Assets	38 368 000	33 371 000	31 552 000	32 630 000
Stock	35 591 000	33 749 000	23 639 000	20 138 000
Total Investments	0	0	0	0
Cash, Bank	2 030 000	1 688 000	4 504 000	1 547 000
Total Current Assets	66 567 000	74 822 000	60 520 000	48 513 000
Total Assets	104 935 000	108 193 000	92 072 000	81 143 000
Total Equity	57 196 000	57 196 000	57 196 000	51 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 288 000	3 905 000	5 052 000	5 635 000
Creditors	3 968 000	9 909 000	6 452 000	8 145 000
Unpaid Taxes	3 888 000	3 626 000	3 434 000	2 744 000
Dividends	18 881 000	16 807 000	5 800 000	2 000 000
Other Current Debt	12 538 000	12 320 000	12 368 000	11 243 000
Total Current Debt	44 451 000	47 091 000	29 824 000	24 131 000
Total Equity and Debt	104 935 000	108 193 000	92 072 000	81 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,01 %	29,38 %	20,31 %	16,96 %
Debt-to-Equity Ratio	0,06	0,07	0,09	0,11
Operating Profit Margin	11,83 %	12,16 %	10,76 %	8,16 %
Current Ratio	1,5	1,59	2,03	2,01
Quick Ratio	7,51	5,61	9,78	12,15
Equity Ratio	0,55	0,53	0,62	0,63
Gross Profit Margin	63,61 %	63,57 %	68,56 %	69,76 %