POLARBYGG UTVIKLING AS

9170 LONGYEARBYEN

Finances

Return on Equity

42,29 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 447 000	3 455 000	6 136 000	−11 105 000
Net Income	746 000	595 000	618 000	10 550 000
Total Assets	7 155 000	6 642 000	9 679 000	25 669 000
Total Equity	1 764 000	2 547 000	3 953 000	22 334 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 447 000	3 455 000	6 136 000	−11 105 000
Expenditure	2 611 000	2 752 000	5 732 000	−13 916 000
Operating Profit	835 000	703 000	405 000	2 812 000
Financial Income	99 000	44 000	383 000	9 851 000
Financial Costs	47 000	40 000	53 000	1 881 000
Financial Balance	52 000	4 000	330 000	7 970 000
Earnings Before Tax	887 000	707 000	735 000	10 782 000
Tax	141 000	112 000	117 000	232 000
Net Income	746 000	595 000	618 000	10 550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	613 000	700 000	918 000
Total Current Assets	7 124 000	6 029 000	8 979 000	24 752 000
Total Assets	7 155 000	6 642 000	9 679 000	25 669 000
Total Retained Equity	4 000	788 000	2 193 000	20 575 000
Total Equity	1 764 000	2 547 000	3 953 000	22 334 000
Total Long-Term Debt	1 061 000	1 339 000	1 611 000	1 424 000
Total Current Debt	4 330 000	2 756 000	4 115 000	1 911 000
Total Equity and Debt	7 155 000	6 642 000	9 679 000	25 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 387 000	3 450 000	2 136 000	−13 140 000
Other Income	60 000	5 000	4 000 000	2 035 000
Revenue	3 447 000	3 455 000	6 136 000	−11 105 000
Cost of Goods Sold	−268 000	3 000	3 288 000	−17 363 000
Salary Costs	2 150 000	1 859 000	1 438 000	1 387 000
Depreciation	17 000	4 000	35 000	59 000
Impairment	0	0	0	0
Expenditure	2 611 000	2 752 000	5 732 000	−13 916 000
Operating Profit	835 000	703 000	405 000	2 812 000
Financial Income	99 000	44 000	383 000	9 851 000
Financial Costs	47 000	40 000	53 000	1 881 000
Financial Balance	52 000	4 000	330 000	7 970 000
Dividends	1 530 000	2 000 000	0	0
Net Income	746 000	595 000	618 000	10 550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	565 000	565 000	565 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	48 000	135 000	352 000
Total Tangible Assets	31 000	613 000	700 000	918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	613 000	700 000	918 000
Stock	1 415 000	0	0	0
Total Investments	142 000	142 000	142 000	142 000
Cash, Bank	2 986 000	4 920 000	8 542 000	5 080 000
Total Current Assets	7 124 000	6 029 000	8 979 000	24 752 000
Total Assets	7 155 000	6 642 000	9 679 000	25 669 000
Total Equity	1 764 000	2 547 000	3 953 000	22 334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 061 000	1 339 000	1 611 000	1 424 000
Creditors	43 000	95 000	3 214 000	130 000
Unpaid Taxes	100 000	86 000	83 000	69 000
Dividends	1 530 000	2 000 000	0	0
Other Current Debt	2 239 000	190 000	818 000	1 090 000
Total Current Debt	4 330 000	2 756 000	4 115 000	1 911 000
Total Equity and Debt	7 155 000	6 642 000	9 679 000	25 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,29 %	23,36 %	15,63 %	47,24 %
Debt-to-Equity Ratio	0,6	0,53	0,41	0,06
Operating Profit Margin	24,22 %	20,35 %	6,6 %	−25,32 %
Current Ratio	1,65	2,19	2,18	12,95
Quick Ratio	2,44	2,19	2,18	12,95
Equity Ratio	0,25	0,38	0,41	0,87
Gross Profit Margin	107,77 %	99,91 %	46,41 %	−56,35 %