POLARTRANS AS

8622 MO I RANA

Finances

Return on Equity

9,5 %

Current Ratio

0,97

Debt-to-Equity Ratio

3,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 990 000	46 229 000	47 913 000	39 889 000
Net Income	1 244 000	22 000	5 349 000	3 021 000
Total Assets	61 710 000	53 064 000	56 039 000	44 743 000
Total Equity	13 096 000	12 852 000	13 923 000	11 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 990 000	46 229 000	47 913 000	39 889 000
Expenditure	53 754 000	45 276 000	42 626 000	37 985 000
Operating Profit	2 236 000	953 000	5 288 000	1 905 000
Financial Income	788 000	3 000	2 687 000	2 977 000
Financial Costs	1 409 000	927 000	1 114 000	1 009 000
Financial Balance	−621 000	−924 000	1 573 000	1 968 000
Earnings Before Tax	1 615 000	28 000	6 861 000	3 873 000
Tax	372 000	6 000	1 512 000	852 000
Net Income	1 244 000	22 000	5 349 000	3 021 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 214 000	43 485 000	41 547 000	36 229 000
Total Current Assets	8 496 000	9 578 000	14 491 000	8 513 000
Total Assets	61 710 000	53 064 000	56 039 000	44 743 000
Total Retained Equity	11 765 000	11 521 000	11 824 000	7 474 000
Total Equity	13 096 000	12 852 000	13 923 000	11 574 000
Total Long-Term Debt	39 894 000	30 399 000	31 573 000	28 770 000
Total Current Debt	8 720 000	9 812 000	10 542 000	4 399 000
Total Equity and Debt	61 710 000	53 064 000	56 039 000	44 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 201 000	46 220 000	46 770 000	37 917 000
Other Income	1 789 000	9 000	1 143 000	1 972 000
Revenue	55 990 000	46 229 000	47 913 000	39 889 000
Cost of Goods Sold	586 000	1 562 000	1 774 000	1 467 000
Salary Costs	22 607 000	18 548 000	17 001 000	14 285 000
Depreciation	8 278 000	6 829 000	6 622 000	6 319 000
Impairment	0	0	0	0
Expenditure	53 754 000	45 276 000	42 626 000	37 985 000
Operating Profit	2 236 000	953 000	5 288 000	1 905 000
Financial Income	788 000	3 000	2 687 000	2 977 000
Financial Costs	1 409 000	927 000	1 114 000	1 009 000
Financial Balance	−621 000	−924 000	1 573 000	1 968 000
Dividends	0	0	1 000 000	0
Net Income	1 244 000	22 000	5 349 000	3 021 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 726 000	3 350 000	1 353 000	1 807 000
Fixtures	42 215 000	31 221 000	31 503 000	28 522 000
Total Tangible Assets	43 941 000	34 571 000	32 857 000	30 330 000
Total Fiancial Fixed Assets	9 272 000	8 914 000	8 691 000	5 900 000
Total Fixed Assets	53 214 000	43 485 000	41 547 000	36 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 225 000	1 328 000	2 305 000	608 000
Total Current Assets	8 496 000	9 578 000	14 491 000	8 513 000
Total Assets	61 710 000	53 064 000	56 039 000	44 743 000
Total Equity	13 096 000	12 852 000	13 923 000	11 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 894 000	30 399 000	31 573 000	28 770 000
Creditors	1 690 000	1 775 000	2 305 000	1 864 000
Unpaid Taxes	1 424 000	1 736 000	1 864 000	1 122 000
Dividends	0	0	1 000 000	0
Other Current Debt	3 941 000	5 257 000	5 238 000	1 293 000
Total Current Debt	8 720 000	9 812 000	10 542 000	4 399 000
Total Equity and Debt	61 710 000	53 064 000	56 039 000	44 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,5 %	0,17 %	38,42 %	26,1 %
Debt-to-Equity Ratio	3,05	2,37	2,27	2,49
Operating Profit Margin	3,99 %	2,06 %	11,04 %	4,78 %
Current Ratio	0,97	0,98	1,37	1,94
Quick Ratio	0,97	0,98	1,37	1,94
Equity Ratio	0,21	0,24	0,25	0,26
Gross Profit Margin	98,95 %	96,62 %	96,3 %	96,32 %