POLARCIRKELEN BÅTTRANSPORT AS

8196 SELSØYVIK

Finances

Return on Equity

23,53 %

Current Ratio

10,46

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 302 000	4 884 000	6 897 000	8 953 000
Net Income	836 000	−1 173 000	1 875 000	1 941 000
Total Assets	5 825 000	5 289 000	6 724 000	5 481 000
Total Equity	3 553 000	2 717 000	3 890 000	2 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 302 000	4 884 000	6 897 000	8 953 000
Expenditure	4 399 000	5 989 000	4 933 000	6 871 000
Operating Profit	903 000	−1 104 000	1 964 000	2 082 000
Financial Income	11 000	5 000	14 000	4 000
Financial Costs	78 000	74 000	94 000	144 000
Financial Balance	−67 000	−69 000	−80 000	−140 000
Earnings Before Tax	836 000	−1 173 000	1 884 000	1 941 000
Tax	0	0	9 000	0
Net Income	836 000	−1 173 000	1 875 000	1 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 605 000	2 770 000	2 923 000	3 117 000
Total Current Assets	3 221 000	2 518 000	3 801 000	2 364 000
Total Assets	5 825 000	5 289 000	6 724 000	5 481 000
Total Retained Equity	3 453 000	2 617 000	3 790 000	1 916 000
Total Equity	3 553 000	2 717 000	3 890 000	2 016 000
Total Long-Term Debt	1 965 000	2 303 000	2 642 000	2 981 000
Total Current Debt	308 000	269 000	192 000	485 000
Total Equity and Debt	5 825 000	5 289 000	6 724 000	5 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 302 000	4 237 000	6 897 000	8 380 000
Other Income	0	647 000	0	572 000
Revenue	5 302 000	4 884 000	6 897 000	8 953 000
Cost of Goods Sold	4 000	28 000	2 000	9 000
Salary Costs	2 147 000	1 963 000	1 830 000	2 656 000
Depreciation	173 000	179 000	195 000	237 000
Impairment	0	0	0	0
Expenditure	4 399 000	5 989 000	4 933 000	6 871 000
Operating Profit	903 000	−1 104 000	1 964 000	2 082 000
Financial Income	11 000	5 000	14 000	4 000
Financial Costs	78 000	74 000	94 000	144 000
Financial Balance	−67 000	−69 000	−80 000	−140 000
Dividends	0	0	0	0
Net Income	836 000	−1 173 000	1 875 000	1 941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 900 000	1 924 000	1 950 000	1 981 000
Machinery and Plant Facilities	0	0	0	242 000
Fixtures	106 000	151 000	181 000	0
Total Tangible Assets	2 523 000	2 696 000	2 855 000	3 050 000
Total Fiancial Fixed Assets	82 000	75 000	68 000	68 000
Total Fixed Assets	2 605 000	2 770 000	2 923 000	3 117 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 487 000	2 104 000	3 165 000	1 948 000
Total Current Assets	3 221 000	2 518 000	3 801 000	2 364 000
Total Assets	5 825 000	5 289 000	6 724 000	5 481 000
Total Equity	3 553 000	2 717 000	3 890 000	2 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 965 000	2 303 000	2 642 000	2 981 000
Creditors	82 000	156 000	36 000	229 000
Unpaid Taxes	213 000	103 000	81 000	211 000
Dividends	0	0	0	0
Other Current Debt	13 000	9 000	65 000	44 000
Total Current Debt	308 000	269 000	192 000	485 000
Total Equity and Debt	5 825 000	5 289 000	6 724 000	5 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,53 %	−43,17 %	48,2 %	96,28 %
Debt-to-Equity Ratio	0,55	0,85	0,68	1,48
Operating Profit Margin	17,03 %	−22,6 %	28,48 %	23,25 %
Current Ratio	10,46	9,36	19,8	4,87
Quick Ratio	10,46	9,36	19,8	4,87
Equity Ratio	0,61	0,51	0,58	0,37
Gross Profit Margin	99,92 %	99,43 %	99,97 %	99,9 %