POLARBYGG SPITSBERGEN AS

9170 LONGYEARBYEN

Finances

Return on Equity

6,78 %

Current Ratio

0,45

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 260 000	35 751 000	66 339 000	61 577 000
Net Income	18 977 000	1 123 000	35 634 000	43 464 000
Total Assets	740 440 000	705 339 000	596 672 000	538 295 000
Total Equity	280 079 000	293 841 000	259 612 000	216 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 260 000	35 751 000	66 339 000	61 577 000
Expenditure	39 083 000	14 213 000	20 534 000	6 115 000
Operating Profit	36 178 000	21 538 000	45 805 000	55 461 000
Financial Income	1 700 000	2 808 000	322 000	1 859 000
Financial Costs	13 051 000	8 856 000	9 605 000	9 473 000
Financial Balance	−11 351 000	−6 048 000	−9 283 000	−7 614 000
Earnings Before Tax	24 826 000	15 490 000	36 523 000	47 847 000
Tax	5 849 000	14 367 000	889 000	4 383 000
Net Income	18 977 000	1 123 000	35 634 000	43 464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 637 000	691 494 000	553 567 000	515 674 000
Total Current Assets	48 803 000	13 846 000	43 105 000	22 622 000
Total Assets	740 440 000	705 339 000	596 672 000	538 295 000
Total Retained Equity	107 144 000	190 969 000	156 740 000	113 907 000
Total Equity	280 079 000	293 841 000	259 612 000	216 780 000
Total Long-Term Debt	351 576 000	365 482 000	291 254 000	291 542 000
Total Current Debt	108 785 000	46 016 000	45 806 000	29 974 000
Total Equity and Debt	740 440 000	705 339 000	596 672 000	538 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 875 000	35 751 000	0	0
Other Income	36 386 000	0	66 339 000	61 577 000
Revenue	75 260 000	35 751 000	66 339 000	61 577 000
Cost of Goods Sold	23 967 000	0	0	0
Salary Costs	2 153 000	55 000	0	0
Depreciation	0	0	7 141 000	0
Impairment	0	0	0	0
Expenditure	39 083 000	14 213 000	20 534 000	6 115 000
Operating Profit	36 178 000	21 538 000	45 805 000	55 461 000
Financial Income	1 700 000	2 808 000	322 000	1 859 000
Financial Costs	13 051 000	8 856 000	9 605 000	9 473 000
Financial Balance	−11 351 000	−6 048 000	−9 283 000	−7 614 000
Dividends	0	0	0	0
Net Income	18 977 000	1 123 000	35 634 000	43 464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	686 719 000	688 816 000	543 686 000	515 199 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 494 000	1 982 000	0	0
Total Tangible Assets	689 213 000	690 798 000	543 686 000	515 199 000
Total Fiancial Fixed Assets	2 424 000	696 000	9 882 000	475 000
Total Fixed Assets	691 637 000	691 494 000	553 567 000	515 674 000
Stock	1 415 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 260 000	8 077 000	2 960 000	12 103 000
Total Current Assets	48 803 000	13 846 000	43 105 000	22 622 000
Total Assets	740 440 000	705 339 000	596 672 000	538 295 000
Total Equity	280 079 000	293 841 000	259 612 000	216 780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	351 576 000	365 482 000	291 254 000	291 542 000
Creditors	6 416 000	7 852 000	924 000	2 104 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 476 000	23 815 000	3 255 000	18 424 000
Total Current Debt	108 785 000	46 016 000	45 806 000	29 974 000
Total Equity and Debt	740 440 000	705 339 000	596 672 000	538 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,78 %	0,38 %	13,73 %	20,05 %
Debt-to-Equity Ratio	1,26	1,24	1,12	1,34
Operating Profit Margin	48,07 %	60,24 %	69,05 %	90,07 %
Current Ratio	0,45	0,3	0,94	0,75
Quick Ratio	0,45	0,3	0,94	0,75
Equity Ratio	0,38	0,42	0,44	0,4
Gross Profit Margin	68,15 %	100 %	100 %	100 %