POLARNY MARITIME INVEST AS

6908 FLORØ

Finances

Share Ownership

Return on Equity

−2,34 %

Current Ratio

36,51

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	255 000	516 000	712 000	803 000
Net Income	−147 000	−47 000	1 187 000	3 055 000
Total Assets	7 289 000	7 512 000	6 618 000	5 710 000
Total Equity	6 287 000	6 448 000	6 495 000	5 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	255 000	516 000	712 000	803 000
Expenditure	371 000	546 000	956 000	804 000
Operating Profit	−117 000	−30 000	−244 000	−1 000
Financial Income	0	0	1 427 000	3 061 000
Financial Costs	30 000	17 000	0	0
Financial Balance	−30 000	−17 000	1 427 000	3 061 000
Earnings Before Tax	−147 000	−47 000	1 182 000	3 060 000
Tax	0	0	−5 000	5 000
Net Income	−147 000	−47 000	1 187 000	3 055 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 427 000	5 531 000	167 000	409 000
Total Current Assets	1 862 000	1 981 000	6 451 000	5 302 000
Total Assets	7 289 000	7 512 000	6 618 000	5 710 000
Total Retained Equity	6 187 000	6 348 000	6 395 000	5 208 000
Total Equity	6 287 000	6 448 000	6 495 000	5 308 000
Total Long-Term Debt	951 000	989 000	0	0
Total Current Debt	51 000	75 000	123 000	402 000
Total Equity and Debt	7 289 000	7 512 000	6 618 000	5 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	394 000	711 000	803 000
Other Income	162 000	122 000	1 000	0
Revenue	255 000	516 000	712 000	803 000
Cost of Goods Sold	16 000	87 000	149 000	19 000
Salary Costs	201 000	212 000	410 000	462 000
Depreciation	26 000	15 000	88 000	121 000
Impairment	0	0	0	0
Expenditure	371 000	546 000	956 000	804 000
Operating Profit	−117 000	−30 000	−244 000	−1 000
Financial Income	0	0	1 427 000	3 061 000
Financial Costs	30 000	17 000	0	0
Financial Balance	−30 000	−17 000	1 427 000	3 061 000
Dividends	15 000	0	0	250 000
Net Income	−147 000	−47 000	1 187 000	3 055 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 427 000	5 446 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	14 000	256 000
Total Tangible Assets	5 427 000	5 453 000	14 000	256 000
Total Fiancial Fixed Assets	0	78 000	153 000	153 000
Total Fixed Assets	5 427 000	5 531 000	167 000	409 000
Stock	1 110 000	1 110 000	0	10 000
Total Investments	0	0	0	0
Cash, Bank	749 000	834 000	6 348 000	5 226 000
Total Current Assets	1 862 000	1 981 000	6 451 000	5 302 000
Total Assets	7 289 000	7 512 000	6 618 000	5 710 000
Total Equity	6 287 000	6 448 000	6 495 000	5 308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	951 000	989 000	0	0
Creditors	10 000	21 000	13 000	72 000
Unpaid Taxes	33 000	14 000	52 000	52 000
Dividends	15 000	0	0	250 000
Other Current Debt	9 000	41 000	58 000	123 000
Total Current Debt	51 000	75 000	123 000	402 000
Total Equity and Debt	7 289 000	7 512 000	6 618 000	5 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,34 %	−0,73 %	18,28 %	57,55 %
Debt-to-Equity Ratio	0,15	0,15	0	0
Operating Profit Margin	−45,88 %	−5,81 %	−34,27 %	−0,12 %
Current Ratio	36,51	26,41	52,45	13,19
Quick Ratio	−1,76	−1,91	52,45	13,53
Equity Ratio	0,86	0,86	0,98	0,93
Gross Profit Margin	93,73 %	83,14 %	79,07 %	97,63 %