POLARIS DISTRIBUSJON SØR AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−44,73 %

Current Ratio

1,17

Debt-to-Equity Ratio

2,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 931 000	101 151 000	94 386 000	33 764 000
Net Income	−1 307 000	686 000	301 000	667 000
Total Assets	24 150 000	16 920 000	17 636 000	9 634 000
Total Equity	2 922 000	3 816 000	3 648 000	3 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 931 000	101 151 000	94 386 000	33 764 000
Expenditure	100 435 000	100 449 000	94 061 000	32 954 000
Operating Profit	−1 504 000	702 000	325 000	810 000
Financial Income	28 000	20 000	76 000	45 000
Financial Costs	207 000	62 000	14 000	0
Financial Balance	−179 000	−42 000	62 000	45 000
Earnings Before Tax	−1 682 000	659 000	386 000	856 000
Tax	−376 000	−27 000	85 000	189 000
Net Income	−1 307 000	686 000	301 000	667 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 347 000	673 000	304 000	131 000
Total Current Assets	14 803 000	16 247 000	17 332 000	9 504 000
Total Assets	24 150 000	16 920 000	17 636 000	9 634 000
Total Retained Equity	−1 062 000	244 000	341 000	274 000
Total Equity	2 922 000	3 816 000	3 648 000	3 581 000
Total Long-Term Debt	8 574 000	377 000	27 000	8 000
Total Current Debt	12 655 000	12 728 000	13 962 000	6 045 000
Total Equity and Debt	24 150 000	16 920 000	17 636 000	9 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 920 000	101 151 000	94 386 000	33 764 000
Other Income	11 000	0	0	0
Revenue	98 931 000	101 151 000	94 386 000	33 764 000
Cost of Goods Sold	0	3 000	0	278 000
Salary Costs	21 547 000	20 997 000	24 715 000	23 107 000
Depreciation	996 000	1 177 000	59 000	5 000
Impairment	0	0	0	0
Expenditure	100 435 000	100 449 000	94 061 000	32 954 000
Operating Profit	−1 504 000	702 000	325 000	810 000
Financial Income	28 000	20 000	76 000	45 000
Financial Costs	207 000	62 000	14 000	0
Financial Balance	−179 000	−42 000	62 000	45 000
Dividends	0	0	0	0
Net Income	−1 307 000	686 000	301 000	667 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	281 000	32 000	0	0
Real Eastate	8 782 000	489 000	0	0
Machinery and Plant Facilities	0	0	0	125 000
Fixtures	282 000	151 000	200 000	0
Total Tangible Assets	9 064 000	641 000	200 000	125 000
Total Fiancial Fixed Assets	3 000	0	104 000	6 000
Total Fixed Assets	9 347 000	673 000	304 000	131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	6 808 000	1 028 000
Total Current Assets	14 803 000	16 247 000	17 332 000	9 504 000
Total Assets	24 150 000	16 920 000	17 636 000	9 634 000
Total Equity	2 922 000	3 816 000	3 648 000	3 581 000
Short-Term Group Debt	0	754 000	0	0
Total Long-Term Debt	8 574 000	377 000	27 000	8 000
Creditors	1 231 000	1 591 000	3 842 000	960 000
Unpaid Taxes	1 238 000	1 152 000	361 000	479 000
Dividends	0	0	0	0
Other Current Debt	10 185 000	9 231 000	9 758 000	4 606 000
Total Current Debt	12 655 000	12 728 000	13 962 000	6 045 000
Total Equity and Debt	24 150 000	16 920 000	17 636 000	9 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,73 %	17,98 %	8,25 %	18,63 %
Debt-to-Equity Ratio	2,93	0,1	0,01	0
Operating Profit Margin	−1,52 %	0,69 %	0,34 %	2,4 %
Current Ratio	1,17	1,28	1,24	1,57
Quick Ratio	1,17	1,28	1,24	1,57
Equity Ratio	0,12	0,23	0,21	0,37
Gross Profit Margin	100 %	100 %	100 %	99,18 %