POLAR KRAFT AS

8514 NARVIK

Finances

Return on Equity

0,11 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 145 205 000	857 661 000	363 942 000	734 288 000
Net Income	125 000	24 714 000	23 341 000	13 092 000
Total Assets	554 154 000	596 146 000	208 333 000	324 579 000
Total Equity	112 090 000	119 575 000	102 723 000	102 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 145 205 000	857 661 000	363 942 000	734 288 000
Expenditure	1 137 644 000	824 292 000	333 245 000	715 565 000
Operating Profit	7 561 000	33 369 000	30 698 000	18 723 000
Financial Income	12 690 000	889 000	835 000	1 249 000
Financial Costs	20 044 000	2 520 000	1 481 000	3 181 000
Financial Balance	−7 354 000	−1 631 000	−646 000	−1 932 000
Earnings Before Tax	207 000	31 738 000	30 053 000	16 791 000
Tax	82 000	7 024 000	6 711 000	3 699 000
Net Income	125 000	24 714 000	23 341 000	13 092 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 060 000	155 374 000	77 781 000	81 930 000
Total Current Assets	419 094 000	440 772 000	130 552 000	242 649 000
Total Assets	554 154 000	596 146 000	208 333 000	324 579 000
Total Retained Equity	0	−113 296 000	7 815 000	7 474 000
Total Equity	112 090 000	119 575 000	102 723 000	102 382 000
Total Long-Term Debt	25 161 000	27 636 000	13 928 000	14 704 000
Total Current Debt	416 903 000	448 935 000	91 683 000	207 494 000
Total Equity and Debt	554 154 000	596 146 000	208 333 000	324 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 144 882 000	852 121 000	358 956 000	728 034 000
Other Income	323 000	5 540 000	4 986 000	6 254 000
Revenue	1 145 205 000	857 661 000	363 942 000	734 288 000
Cost of Goods Sold	1 053 432 000	746 413 000	275 000 000	653 376 000
Salary Costs	21 285 000	31 605 000	27 534 000	25 252 000
Depreciation	14 475 000	13 383 000	8 151 000	8 580 000
Impairment	0	0	0	0
Expenditure	1 137 644 000	824 292 000	333 245 000	715 565 000
Operating Profit	7 561 000	33 369 000	30 698 000	18 723 000
Financial Income	12 690 000	889 000	835 000	1 249 000
Financial Costs	20 044 000	2 520 000	1 481 000	3 181 000
Financial Balance	−7 354 000	−1 631 000	−646 000	−1 932 000
Dividends	0	113 296 000	23 000 000	0
Net Income	125 000	24 714 000	23 341 000	13 092 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	67 105 000	0
Total Intangible Assets	119 984 000	129 492 000	68 609 000	74 824 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 626 000	0	0	0
Fixtures	9 202 000	13 036 000	7 414 000	5 061 000
Total Tangible Assets	11 828 000	13 036 000	7 414 000	5 061 000
Total Fiancial Fixed Assets	3 248 000	12 846 000	1 759 000	2 045 000
Total Fixed Assets	135 060 000	155 374 000	77 781 000	81 930 000
Stock	0	0	378 000	0
Total Investments	0	0	0	0
Cash, Bank	1 023 000	175 905 000	24 656 000	1 100 000
Total Current Assets	419 094 000	440 772 000	130 552 000	242 649 000
Total Assets	554 154 000	596 146 000	208 333 000	324 579 000
Total Equity	112 090 000	119 575 000	102 723 000	102 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 161 000	27 636 000	13 928 000	14 704 000
Creditors	11 964 000	150 921 000	32 048 000	121 831 000
Unpaid Taxes	1 309 000	1 118 000	1 243 000	1 318 000
Dividends	0	113 296 000	23 000 000	0
Other Current Debt	403 630 000	255 943 000	28 681 000	27 955 000
Total Current Debt	416 903 000	448 935 000	91 683 000	207 494 000
Total Equity and Debt	554 154 000	596 146 000	208 333 000	324 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,11 %	20,67 %	22,72 %	12,79 %
Debt-to-Equity Ratio	0,22	0,23	0,14	0,14
Operating Profit Margin	0,66 %	3,89 %	8,43 %	2,55 %
Current Ratio	1,01	0,98	1,42	1,17
Quick Ratio	1,01	0,98	1,43	1,17
Equity Ratio	0,2	0,2	0,49	0,32
Gross Profit Margin	8,01 %	12,97 %	24,44 %	11,02 %