POLYCON AS

7074 SPONGDAL

Finances

Share Ownership

Return on Equity

−62,84 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	7 000	70 000	78 000
Net Income	−137 000	−229 000	19 000	−89 000
Total Assets	880 000	848 000	908 000	−32 000
Total Equity	218 000	356 000	584 000	−93 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	7 000	70 000	78 000
Expenditure	238 000	236 000	50 000	167 000
Operating Profit	−137 000	−229 000	19 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−137 000	−229 000	19 000	−89 000
Tax	0	0	0	0
Net Income	−137 000	−229 000	19 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	310 000	280 000	280 000	166 000
Total Current Assets	569 000	568 000	628 000	−198 000
Total Assets	880 000	848 000	908 000	−32 000
Total Retained Equity	−182 000	−44 000	184 000	−493 000
Total Equity	218 000	356 000	584 000	−93 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	611 000	493 000	323 000	−428 000
Total Equity and Debt	880 000	848 000	908 000	−521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	7 000	70 000	78 000
Other Income	0	0	0	0
Revenue	100 000	7 000	70 000	78 000
Cost of Goods Sold	201 000	216 000	34 000	121 000
Salary Costs	0	0	0	0
Depreciation	20 000	0	0	6 000
Impairment	0	0	0	0
Expenditure	238 000	236 000	50 000	167 000
Operating Profit	−137 000	−229 000	19 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−137 000	−229 000	19 000	−89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	221 000	221 000	221 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	59 000	59 000	0
Total Tangible Assets	39 000	59 000	59 000	0
Total Fiancial Fixed Assets	50 000	0	0	166 000
Total Fixed Assets	310 000	280 000	280 000	166 000
Stock	1 000	1 000	1 000	1 000
Total Investments	0	0	0	400 000
Cash, Bank	417 000	507 000	567 000	14 000
Total Current Assets	569 000	568 000	628 000	−198 000
Total Assets	880 000	848 000	908 000	−32 000
Total Equity	218 000	356 000	584 000	−93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	0	0	0
Creditors	221 000	221 000	−4 000	4 000
Unpaid Taxes	0	−64 000	−9 000	4 000
Dividends	0	0	0	0
Other Current Debt	390 000	336 000	336 000	−436 000
Total Current Debt	611 000	493 000	323 000	−428 000
Total Equity and Debt	880 000	848 000	908 000	−521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,84 %	−64,33 %	3,25 %	95,7 %
Debt-to-Equity Ratio	0,23	0	0	−0
Operating Profit Margin	−137 %	−3 271,43 %	27,14 %	−114,1 %
Current Ratio	0,93	1,15	1,94	0,46
Quick Ratio	0,93	1,15	1,95	0,46
Equity Ratio	0,25	0,42	0,64	2,91
Gross Profit Margin	−101 %	−2 985,71 %	51,43 %	−55,13 %