POLARFAKTA AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

124,61 %

Current Ratio

0,69

Debt-to-Equity Ratio

−0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 154 000	4 153 000	3 931 000	5 056 000
Net Income	−1 448 000	−5 000	−499 000	−225 000
Total Assets	1 682 000	2 136 000	1 875 000	2 136 000
Total Equity	−1 162 000	286 000	291 000	−508 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 154 000	4 153 000	3 931 000	5 056 000
Expenditure	3 681 000	4 115 000	4 178 000	5 343 000
Operating Profit	−527 000	38 000	−248 000	−286 000
Financial Income	0	0	0	15 000
Financial Costs	54 000	43 000	24 000	11 000
Financial Balance	−54 000	−43 000	−24 000	4 000
Earnings Before Tax	−580 000	−5 000	−271 000	−282 000
Tax	868 000	0	227 000	−57 000
Net Income	−1 448 000	−5 000	−499 000	−225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	921 000	905 000	1 115 000
Total Current Assets	1 650 000	1 215 000	970 000	1 021 000
Total Assets	1 682 000	2 136 000	1 875 000	2 136 000
Total Retained Equity	−1 428 000	21 000	26 000	−774 000
Total Equity	−1 162 000	286 000	291 000	−508 000
Total Long-Term Debt	466 000	0	0	0
Total Current Debt	2 378 000	1 849 000	1 584 000	2 644 000
Total Equity and Debt	1 682 000	2 136 000	1 875 000	2 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 153 000	4 153 000	3 876 000	5 065 000
Other Income	0	0	55 000	−8 000
Revenue	3 154 000	4 153 000	3 931 000	5 056 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 483 000	3 013 000	3 055 000	3 978 000
Depreciation	21 000	17 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	3 681 000	4 115 000	4 178 000	5 343 000
Operating Profit	−527 000	38 000	−248 000	−286 000
Financial Income	0	0	0	15 000
Financial Costs	54 000	43 000	24 000	11 000
Financial Balance	−54 000	−43 000	−24 000	4 000
Dividends	0	0	0	0
Net Income	−1 448 000	−5 000	−499 000	−225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	868 000	868 000	1 095 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	53 000	37 000	20 000
Total Tangible Assets	33 000	53 000	37 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	921 000	905 000	1 115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	91 000	98 000	144 000
Total Current Assets	1 650 000	1 215 000	970 000	1 021 000
Total Assets	1 682 000	2 136 000	1 875 000	2 136 000
Total Equity	−1 162 000	286 000	291 000	−508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	466 000	0	0	0
Creditors	1 177 000	733 000	626 000	1 614 000
Unpaid Taxes	393 000	223 000	287 000	249 000
Dividends	0	0	0	0
Other Current Debt	454 000	545 000	602 000	710 000
Total Current Debt	2 378 000	1 849 000	1 584 000	2 644 000
Total Equity and Debt	1 682 000	2 136 000	1 875 000	2 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,61 %	−1,75 %	−171,48 %	44,29 %
Debt-to-Equity Ratio	−0,4	0	0	−0
Operating Profit Margin	−16,71 %	0,92 %	−6,31 %	−5,66 %
Current Ratio	0,69	0,66	0,61	0,39
Quick Ratio	0,69	0,66	0,61	0,39
Equity Ratio	−0,69	0,13	0,16	−0,24
Gross Profit Margin	100 %	100 %	100 %	100 %