PARTREDERIET POLARIS DA

9136 VANNAREID

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 985 000	1 929 000	2 457 000	2 707 000
Net Income	255 000	−36 000	415 000	624 000
Total Assets	3 864 000	3 962 000	4 170 000	4 087 000
Total Equity	1 913 000	1 658 000	1 694 000	1 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 985 000	1 929 000	2 457 000	2 707 000
Expenditure	2 676 000	1 911 000	1 983 000	2 027 000
Operating Profit	309 000	17 000	473 000	681 000
Financial Income	12 000	7 000	7 000	8 000
Financial Costs	66 000	60 000	65 000	65 000
Financial Balance	−54 000	−53 000	−58 000	−57 000
Earnings Before Tax	255 000	−36 000	415 000	624 000
Tax	0	0	0	0
Net Income	255 000	−36 000	415 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 765 000	3 892 000	4 130 000	3 985 000
Total Current Assets	99 000	70 000	39 000	101 000
Total Assets	3 864 000	3 962 000	4 170 000	4 087 000
Total Retained Equity	1 913 000	1 658 000	1 694 000	1 502 000
Total Equity	1 913 000	1 658 000	1 694 000	1 502 000
Total Long-Term Debt	1 716 000	2 070 000	2 352 000	2 286 000
Total Current Debt	235 000	234 000	124 000	298 000
Total Equity and Debt	3 864 000	3 962 000	4 170 000	4 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 117 000	1 981 000	2 536 000	2 841 000
Other Income	−131 000	−52 000	−79 000	−134 000
Revenue	2 985 000	1 929 000	2 457 000	2 707 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 716 000	1 093 000	1 079 000	985 000
Depreciation	232 000	238 000	236 000	222 000
Impairment	0	0	0	0
Expenditure	2 676 000	1 911 000	1 983 000	2 027 000
Operating Profit	309 000	17 000	473 000	681 000
Financial Income	12 000	7 000	7 000	8 000
Financial Costs	66 000	60 000	65 000	65 000
Financial Balance	−54 000	−53 000	−58 000	−57 000
Dividends	0	0	0	0
Net Income	255 000	−36 000	415 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	750 000	750 000	750 000	750 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	131 000	105 000	125 000	106 000
Fixtures	60 000	15 000	35 000	54 000
Total Tangible Assets	3 015 000	3 142 000	3 380 000	3 235 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 765 000	3 892 000	4 130 000	3 985 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	5 000	24 000	97 000
Total Current Assets	99 000	70 000	39 000	101 000
Total Assets	3 864 000	3 962 000	4 170 000	4 087 000
Total Equity	1 913 000	1 658 000	1 694 000	1 502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 716 000	2 070 000	2 352 000	2 286 000
Creditors	21 000	104 000	12 000	60 000
Unpaid Taxes	199 000	118 000	99 000	218 000
Dividends	0	0	0	0
Other Current Debt	15 000	12 000	13 000	21 000
Total Current Debt	235 000	234 000	124 000	298 000
Total Equity and Debt	3 864 000	3 962 000	4 170 000	4 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,33 %	−2,17 %	24,5 %	41,54 %
Debt-to-Equity Ratio	0,9	1,25	1,39	1,52
Operating Profit Margin	10,35 %	0,88 %	19,25 %	25,16 %
Current Ratio	0,42	0,3	0,31	0,34
Quick Ratio	0,42	0,3	0,31	0,34
Equity Ratio	0,5	0,42	0,41	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %