ALLIANCE VENTURE POLARIS AS

0258 OSLO

Finances

Return on Equity

4,56 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	17 861 000	10 058 000	−11 065 000
Net Income	−7 628 000	13 783 000	5 719 000	−16 665 000
Total Assets	59 691 000	59 968 000	71 204 000	64 982 000
Total Equity	−167 453 000	−159 825 000	−173 607 000	−179 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	17 861 000	10 058 000	−11 065 000
Expenditure	269 000	284 000	185 000	316 000
Operating Profit	−269 000	17 577 000	9 874 000	−11 382 000
Financial Income	7 000	3 000	5 000	12 000
Financial Costs	7 366 000	3 798 000	4 160 000	5 295 000
Financial Balance	−7 359 000	−3 795 000	−4 155 000	−5 283 000
Earnings Before Tax	−7 628 000	13 783 000	5 719 000	−16 665 000
Tax	0	0	0	0
Net Income	−7 628 000	13 783 000	5 719 000	−16 665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	59 691 000	59 968 000	71 204 000	64 982 000
Total Assets	59 691 000	59 968 000	71 204 000	64 982 000
Total Retained Equity	−210 678 000	−203 050 000	−216 832 000	−222 551 000
Total Equity	−167 453 000	−159 825 000	−173 607 000	−179 326 000
Total Long-Term Debt	227 144 000	219 779 000	244 812 000	244 152 000
Total Current Debt	0	14 000	0	156 000
Total Equity and Debt	59 691 000	59 968 000	71 204 000	64 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−11 065 000
Other Income	0	17 861 000	10 058 000	0
Revenue	0	17 861 000	10 058 000	−11 065 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	137 000
Impairment	0	0	0	0
Expenditure	269 000	284 000	185 000	316 000
Operating Profit	−269 000	17 577 000	9 874 000	−11 382 000
Financial Income	7 000	3 000	5 000	12 000
Financial Costs	7 366 000	3 798 000	4 160 000	5 295 000
Financial Balance	−7 359 000	−3 795 000	−4 155 000	−5 283 000
Dividends	0	0	0	0
Net Income	−7 628 000	13 783 000	5 719 000	−16 665 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	55 087 000	55 087 000	69 953 000	63 317 000
Cash, Bank	4 602 000	4 879 000	1 249 000	1 663 000
Total Current Assets	59 691 000	59 968 000	71 204 000	64 982 000
Total Assets	59 691 000	59 968 000	71 204 000	64 982 000
Total Equity	−167 453 000	−159 825 000	−173 607 000	−179 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	227 144 000	219 779 000	244 812 000	244 152 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	17 000
Dividends	0	0	0	0
Other Current Debt	0	14 000	0	140 000
Total Current Debt	0	14 000	0	156 000
Total Equity and Debt	59 691 000	59 968 000	71 204 000	64 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,56 %	−8,62 %	−3,29 %	9,29 %
Debt-to-Equity Ratio	−1,36	−1,38	−1,41	−1,36
Operating Profit Margin	-	98,41 %	98,17 %	102,86 %
Current Ratio	-	4 283,43	-	416,55
Quick Ratio	-	4 283,43	-	416,55
Equity Ratio	−2,81	−2,67	−2,44	−2,76
Gross Profit Margin	-	100 %	100 %	100 %