POLAR CONSULTING AS

9990 BÅTSFJORD

Finances

Return on Equity

72,53 %

Current Ratio

22,5

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	132 000	48 000	−4 000	−4 000
Total Assets	190 000	59 000	11 000	46 000
Total Equity	182 000	50 000	2 000	6 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	−132 000	−48 000	4 000	0
Operating Profit	132 000	48 000	−4 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	132 000	48 000	−4 000	−4 000
Tax	0	0	0	0
Net Income	132 000	48 000	−4 000	−4 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	180 000	49 000	1 000	36 000
Total Assets	190 000	59 000	11 000	46 000
Total Retained Equity	−272 000	−404 000	−452 000	−448 000
Total Equity	182 000	50 000	2 000	6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	8 000	9 000	40 000
Total Equity and Debt	190 000	59 000	11 000	46 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−132 000	−48 000	4 000	0
Operating Profit	132 000	48 000	−4 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	132 000	48 000	−4 000	−4 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	1 000	1 000	32 000
Total Current Assets	180 000	49 000	1 000	36 000
Total Assets	190 000	59 000	11 000	46 000
Total Equity	182 000	50 000	2 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	8 000	8 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	31 000
Total Current Debt	8 000	8 000	9 000	40 000
Total Equity and Debt	190 000	59 000	11 000	46 000

Financial indicators	2021	2020	2019	2018
Return on Equity	72,53 %	96 %	−200 %	−66,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	22,5	6,13	0,11	0,9
Quick Ratio	22,5	6,13	0,11	0,9
Equity Ratio	0,96	0,85	0,18	0,13
Gross Profit Margin	-	-	-	-