POLARTEST AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

347,37 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	376 000	248 000	1 337 000	1 461 000
Net Income	−66 000	−119 000	122 000	−17 000
Total Assets	202 000	194 000	464 000	386 000
Total Equity	−19 000	47 000	166 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	376 000	248 000	1 337 000	1 461 000
Expenditure	442 000	367 000	1 211 000	1 479 000
Operating Profit	−66 000	−119 000	126 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	0
Financial Balance	0	0	−5 000	0
Earnings Before Tax	−66 000	−119 000	122 000	−17 000
Tax	0	0	0	0
Net Income	−66 000	−119 000	122 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	52 000	59 000	66 000
Total Current Assets	156 000	143 000	405 000	320 000
Total Assets	202 000	194 000	464 000	386 000
Total Retained Equity	−119 000	−53 000	66 000	−55 000
Total Equity	−19 000	47 000	166 000	45 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	221 000	147 000	298 000	341 000
Total Equity and Debt	202 000	194 000	464 000	386 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	376 000	247 000	1 325 000	1 460 000
Other Income	0	0	12 000	1 000
Revenue	376 000	248 000	1 337 000	1 461 000
Cost of Goods Sold	348 000	281 000	377 000	239 000
Salary Costs	6 000	0	552 000	814 000
Depreciation	5 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	442 000	367 000	1 211 000	1 479 000
Operating Profit	−66 000	−119 000	126 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	0
Financial Balance	0	0	−5 000	0
Dividends	0	0	0	0
Net Income	−66 000	−119 000	122 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 000	52 000	59 000	66 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	46 000	52 000	59 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	52 000	59 000	66 000
Stock	38 000	38 000	49 000	53 000
Total Investments	0	0	0	0
Cash, Bank	2 000	59 000	116 000	223 000
Total Current Assets	156 000	143 000	405 000	320 000
Total Assets	202 000	194 000	464 000	386 000
Total Equity	−19 000	47 000	166 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	89 000	95 000	88 000
Unpaid Taxes	3 000	3 000	91 000	117 000
Dividends	0	0	0	0
Other Current Debt	114 000	54 000	112 000	136 000
Total Current Debt	221 000	147 000	298 000	341 000
Total Equity and Debt	202 000	194 000	464 000	386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	347,37 %	−253,19 %	73,49 %	−37,78 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−17,55 %	−47,98 %	9,42 %	−1,16 %
Current Ratio	0,71	0,97	1,36	0,94
Quick Ratio	0,85	1,31	1,63	1,11
Equity Ratio	−0,09	0,24	0,36	0,12
Gross Profit Margin	7,45 %	−13,31 %	71,8 %	83,64 %