POLYESTERLAND AS

0374 OSLO

Finances

Share Ownership

Return on Equity

−14,25 %

Current Ratio

2,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 000	635 000	383 000	480 000
Net Income	−53 000	197 000	57 000	102 000
Total Assets	528 000	669 000	546 000	470 000
Total Equity	372 000	425 000	228 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	320 000	635 000	383 000	480 000
Expenditure	388 000	381 000	310 000	348 000
Operating Profit	−68 000	254 000	73 000	131 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−68 000	252 000	73 000	131 000
Tax	−15 000	56 000	16 000	29 000
Net Income	−53 000	197 000	57 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	88 000	152 000	177 000
Total Current Assets	431 000	582 000	394 000	293 000
Total Assets	528 000	669 000	546 000	470 000
Total Retained Equity	272 000	325 000	128 000	72 000
Total Equity	372 000	425 000	228 000	172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	155 000	244 000	318 000	298 000
Total Equity and Debt	528 000	669 000	546 000	470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	320 000	635 000	383 000	480 000
Other Income	0	0	0	0
Revenue	320 000	635 000	383 000	480 000
Cost of Goods Sold	65 000	59 000	70 000	116 000
Salary Costs	183 000	186 000	110 000	129 000
Depreciation	6 000	8 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	388 000	381 000	310 000	348 000
Operating Profit	−68 000	254 000	73 000	131 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−53 000	197 000	57 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	79 000	135 000	151 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	9 000	17 000	26 000
Total Tangible Assets	3 000	9 000	17 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	97 000	88 000	152 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	582 000	23 000	134 000
Total Current Assets	431 000	582 000	394 000	293 000
Total Assets	528 000	669 000	546 000	470 000
Total Equity	372 000	425 000	228 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	1 000	3 000	11 000
Unpaid Taxes	42 000	117 000	89 000	52 000
Dividends	0	0	0	0
Other Current Debt	105 000	126 000	226 000	235 000
Total Current Debt	155 000	244 000	318 000	298 000
Total Equity and Debt	528 000	669 000	546 000	470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,25 %	46,35 %	25 %	59,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,25 %	40 %	19,06 %	27,29 %
Current Ratio	2,78	2,39	1,24	0,98
Quick Ratio	2,78	2,39	1,24	0,98
Equity Ratio	0,7	0,64	0,42	0,37
Gross Profit Margin	79,69 %	90,71 %	81,72 %	75,83 %