POLAR BIOMEDICALS AS

8007 BODØ

Finances

Share Ownership

Return on Equity

12,57 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 857 000	25 039 000	21 792 000	17 848 000
Net Income	956 000	3 128 000	30 000	841 000
Total Assets	12 280 000	10 722 000	8 528 000	8 382 000
Total Equity	7 605 000	6 649 000	3 871 000	3 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 857 000	25 039 000	21 792 000	17 848 000
Expenditure	22 850 000	22 649 000	21 309 000	16 995 000
Operating Profit	1 376 000	3 698 000	−148 000	1 105 000
Financial Income	138 000	341 000	206 000	3 000
Financial Costs	278 000	17 000	12 000	33 000
Financial Balance	−140 000	324 000	194 000	−30 000
Earnings Before Tax	1 236 000	4 022 000	46 000	1 075 000
Tax	280 000	894 000	16 000	234 000
Net Income	956 000	3 128 000	30 000	841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	11 000	0	0
Total Current Assets	12 275 000	10 711 000	8 528 000	8 382 000
Total Assets	12 280 000	10 722 000	8 528 000	8 382 000
Total Retained Equity	6 278 000	5 322 000	2 544 000	2 514 000
Total Equity	7 605 000	6 649 000	3 871 000	3 841 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 675 000	4 073 000	4 657 000	4 541 000
Total Equity and Debt	12 280 000	10 722 000	8 528 000	8 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 917 000	24 976 000	21 701 000	17 836 000
Other Income	−60 000	64 000	91 000	13 000
Revenue	22 857 000	25 039 000	21 792 000	17 848 000
Cost of Goods Sold	17 260 000	17 948 000	16 278 000	12 559 000
Salary Costs	1 569 000	1 346 000	1 351 000	1 451 000
Depreciation	6 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	22 850 000	22 649 000	21 309 000	16 995 000
Operating Profit	1 376 000	3 698 000	−148 000	1 105 000
Financial Income	138 000	341 000	206 000	3 000
Financial Costs	278 000	17 000	12 000	33 000
Financial Balance	−140 000	324 000	194 000	−30 000
Dividends	0	350 000	0	75 000
Net Income	956 000	3 128 000	30 000	841 000

Balance details (NOK)	2022	2021	2020	2019
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	6 000	11 000	0	0
Total Tangible Assets	6 000	11 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	11 000	0	0
Stock	5 986 000	5 130 000	4 032 000	4 647 000
Total Investments	0	0	0	0
Cash, Bank	3 494 000	3 147 000	742 000	1 533 000
Total Current Assets	12 275 000	10 711 000	8 528 000	8 382 000
Total Assets	12 280 000	10 722 000	8 528 000	8 382 000
Total Equity	7 605 000	6 649 000	3 871 000	3 841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 226 000	1 820 000	3 314 000	3 370 000
Unpaid Taxes	1 020 000	824 000	994 000	703 000
Dividends	0	350 000	0	75 000
Other Current Debt	150 000	184 000	333 000	159 000
Total Current Debt	4 675 000	4 073 000	4 657 000	4 541 000
Total Equity and Debt	12 280 000	10 722 000	8 528 000	8 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,57 %	47,04 %	0,77 %	21,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,02 %	14,77 %	−0,68 %	6,19 %
Current Ratio	2,63	2,63	1,83	1,85
Quick Ratio	−9,36	−10,13	13,64	−79,08
Equity Ratio	0,62	0,62	0,45	0,46
Gross Profit Margin	24,49 %	28,32 %	25,3 %	29,63 %