POLYAR MANAGEMENT AS

0381 OSLO

Finances

Share Ownership

Return on Equity

600,19 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 317 000	11 493 000	5 501 000	7 348 000
Net Income	3 211 000	3 521 000	2 019 000	3 529 000
Total Assets	6 400 000	6 598 000	3 190 000	5 635 000
Total Equity	535 000	324 000	302 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 317 000	11 493 000	5 501 000	7 348 000
Expenditure	10 201 000	7 103 000	3 558 000	4 751 000
Operating Profit	4 117 000	4 390 000	1 943 000	2 598 000
Financial Income	1 000	98 000	505 000	1 520 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	0	98 000	503 000	1 519 000
Earnings Before Tax	4 117 000	4 487 000	2 446 000	4 117 000
Tax	906 000	966 000	427 000	588 000
Net Income	3 211 000	3 521 000	2 019 000	3 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	479 000	510 000	375 000	477 000
Total Current Assets	5 921 000	6 088 000	2 815 000	5 157 000
Total Assets	6 400 000	6 598 000	3 190 000	5 635 000
Total Retained Equity	335 000	124 000	102 000	84 000
Total Equity	535 000	324 000	302 000	284 000
Total Long-Term Debt	0	3 000	5 000	23 000
Total Current Debt	5 865 000	6 271 000	2 882 000	5 328 000
Total Equity and Debt	6 400 000	6 598 000	3 190 000	5 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 940 000	11 118 000	5 156 000	7 248 000
Other Income	377 000	375 000	345 000	100 000
Revenue	14 317 000	11 493 000	5 501 000	7 348 000
Cost of Goods Sold	8 927 000	6 189 000	2 528 000	4 118 000
Salary Costs	0	0	0	0
Depreciation	180 000	138 000	102 000	71 000
Impairment	0	0	0	0
Expenditure	10 201 000	7 103 000	3 558 000	4 751 000
Operating Profit	4 117 000	4 390 000	1 943 000	2 598 000
Financial Income	1 000	98 000	505 000	1 520 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	0	98 000	503 000	1 519 000
Dividends	3 000 000	3 500 000	2 000 000	3 600 000
Net Income	3 211 000	3 521 000	2 019 000	3 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	290 000	405 000	103 000	141 000
Fixtures	181 000	106 000	167 000	231 000
Total Tangible Assets	471 000	510 000	270 000	372 000
Total Fiancial Fixed Assets	0	0	105 000	105 000
Total Fixed Assets	479 000	510 000	375 000	477 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	971 000	4 494 000	1 971 000	2 208 000
Total Current Assets	5 921 000	6 088 000	2 815 000	5 157 000
Total Assets	6 400 000	6 598 000	3 190 000	5 635 000
Total Equity	535 000	324 000	302 000	284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	5 000	23 000
Creditors	1 278 000	1 452 000	282 000	915 000
Unpaid Taxes	602 000	331 000	60 000	234 000
Dividends	3 000 000	3 500 000	2 000 000	3 600 000
Other Current Debt	68 000	21 000	95 000	5 000
Total Current Debt	5 865 000	6 271 000	2 882 000	5 328 000
Total Equity and Debt	6 400 000	6 598 000	3 190 000	5 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	600,19 %	1 086,73 %	668,54 %	1 242,61 %
Debt-to-Equity Ratio	0	0,01	0,02	0,08
Operating Profit Margin	28,76 %	38,2 %	35,32 %	35,36 %
Current Ratio	1,01	0,97	0,98	0,97
Quick Ratio	1,01	0,97	0,98	0,97
Equity Ratio	0,08	0,05	0,09	0,05
Gross Profit Margin	37,65 %	46,15 %	54,04 %	43,96 %