POLAR RESERVOIR CONSULTANTS AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

29,73 %

Current Ratio

6,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 663 000	3 276 000	3 253 000	3 273 000
Net Income	660 000	1 330 000	1 302 000	1 238 000
Total Assets	2 415 000	2 309 000	3 536 000	3 485 000
Total Equity	2 220 000	1 560 000	1 598 000	1 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 663 000	3 276 000	3 253 000	3 273 000
Expenditure	818 000	1 570 000	1 587 000	1 665 000
Operating Profit	845 000	1 705 000	1 666 000	1 608 000
Financial Income	1 000	1 000	3 000	3 000
Financial Costs	0	0	0	16 000
Financial Balance	1 000	1 000	3 000	−13 000
Earnings Before Tax	846 000	1 706 000	1 669 000	1 594 000
Tax	186 000	376 000	367 000	356 000
Net Income	660 000	1 330 000	1 302 000	1 238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 180 000	1 212 000	1 212 000	1 180 000
Total Current Assets	1 234 000	1 097 000	2 324 000	2 305 000
Total Assets	2 415 000	2 309 000	3 536 000	3 485 000
Total Retained Equity	2 016 000	1 356 000	1 394 000	1 308 000
Total Equity	2 220 000	1 560 000	1 598 000	1 512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	195 000	748 000	1 938 000	1 973 000
Total Equity and Debt	2 415 000	2 309 000	3 536 000	3 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 663 000	3 276 000	3 253 000	3 273 000
Other Income	0	0	0	0
Revenue	1 663 000	3 276 000	3 253 000	3 273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	565 000	1 253 000	1 235 000	1 240 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	818 000	1 570 000	1 587 000	1 665 000
Operating Profit	845 000	1 705 000	1 666 000	1 608 000
Financial Income	1 000	1 000	3 000	3 000
Financial Costs	0	0	0	16 000
Financial Balance	1 000	1 000	3 000	−13 000
Dividends	0	1 368 000	1 216 000	1 216 000
Net Income	660 000	1 330 000	1 302 000	1 238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 180 000	1 180 000	1 180 000	1 180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 180 000	1 180 000	1 180 000	1 180 000
Total Fiancial Fixed Assets	0	32 000	32 000	0
Total Fixed Assets	1 180 000	1 212 000	1 212 000	1 180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 231 000	449 000	1 668 000	1 614 000
Total Current Assets	1 234 000	1 097 000	2 324 000	2 305 000
Total Assets	2 415 000	2 309 000	3 536 000	3 485 000
Total Equity	2 220 000	1 560 000	1 598 000	1 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	2 000	2 000	4 000
Unpaid Taxes	0	218 000	221 000	223 000
Dividends	0	1 368 000	1 216 000	1 216 000
Other Current Debt	0	152 000	131 000	173 000
Total Current Debt	195 000	748 000	1 938 000	1 973 000
Total Equity and Debt	2 415 000	2 309 000	3 536 000	3 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,73 %	85,26 %	81,48 %	81,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,81 %	52,05 %	51,21 %	49,13 %
Current Ratio	6,33	1,47	1,2	1,17
Quick Ratio	6,33	1,47	1,2	1,17
Equity Ratio	0,92	0,68	0,45	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %