POLAR-GROSS AS

9321 MOEN

Finances

Share Ownership

Return on Equity

24,78 %

Current Ratio

3,34

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 729 000	2 009 000	1 667 000	1 390 000
Net Income	479 000	702 000	337 000	−145 000
Total Assets	2 598 000	2 518 000	1 775 000	1 516 000
Total Equity	1 933 000	1 954 000	1 402 000	1 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 729 000	2 009 000	1 667 000	1 390 000
Expenditure	1 115 000	1 109 000	1 236 000	1 284 000
Operating Profit	615 000	900 000	432 000	105 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	227 000
Financial Balance	0	0	0	−227 000
Earnings Before Tax	614 000	900 000	432 000	−122 000
Tax	135 000	198 000	95 000	23 000
Net Income	479 000	702 000	337 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	464 000	498 000	532 000
Total Current Assets	2 167 000	2 054 000	1 276 000	983 000
Total Assets	2 598 000	2 518 000	1 775 000	1 516 000
Total Retained Equity	1 833 000	1 854 000	1 302 000	1 115 000
Total Equity	1 933 000	1 954 000	1 402 000	1 215 000
Total Long-Term Debt	17 000	17 000	17 000	18 000
Total Current Debt	648 000	547 000	356 000	283 000
Total Equity and Debt	2 598 000	2 518 000	1 775 000	1 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−103 000	135 000	277 000	−177 000
Other Income	1 833 000	1 874 000	1 391 000	1 567 000
Revenue	1 729 000	2 009 000	1 667 000	1 390 000
Cost of Goods Sold	14 000	−5 000	−10 000	0
Salary Costs	115 000	112 000	235 000	236 000
Depreciation	34 000	34 000	34 000	14 000
Impairment	0	0	0	0
Expenditure	1 115 000	1 109 000	1 236 000	1 284 000
Operating Profit	615 000	900 000	432 000	105 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	227 000
Financial Balance	0	0	0	−227 000
Dividends	400 000	150 000	100 000	30 000
Net Income	479 000	702 000	337 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	387 000	397 000	407 000	417 000
Machinery and Plant Facilities	44 000	67 000	91 000	115 000
Fixtures	0	0	0	0
Total Tangible Assets	430 000	464 000	498 000	532 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	430 000	464 000	498 000	532 000
Stock	32 000	46 000	34 000	24 000
Total Investments	0	0	0	0
Cash, Bank	1 333 000	1 163 000	477 000	419 000
Total Current Assets	2 167 000	2 054 000	1 276 000	983 000
Total Assets	2 598 000	2 518 000	1 775 000	1 516 000
Total Equity	1 933 000	1 954 000	1 402 000	1 215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	17 000	17 000	18 000
Creditors	3 000	9 000	8 000	5 000
Unpaid Taxes	82 000	59 000	99 000	31 000
Dividends	400 000	150 000	100 000	30 000
Other Current Debt	27 000	131 000	52 000	200 000
Total Current Debt	648 000	547 000	356 000	283 000
Total Equity and Debt	2 598 000	2 518 000	1 775 000	1 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,78 %	35,93 %	24,04 %	−11,93 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	35,57 %	44,8 %	25,91 %	7,55 %
Current Ratio	3,34	3,76	3,58	3,47
Quick Ratio	3,52	4,1	3,96	3,8
Equity Ratio	0,74	0,78	0,79	0,8
Gross Profit Margin	99,19 %	100,25 %	100,6 %	100 %