POLAR FISH AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

59,17 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 520 000	37 175 000	54 119 000	53 791 000
Net Income	3 040 000	1 555 000	1 711 000	1 811 000
Total Assets	10 299 000	6 160 000	7 218 000	4 893 000
Total Equity	5 138 000	5 098 000	3 543 000	3 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 520 000	37 175 000	54 119 000	53 791 000
Expenditure	74 886 000	35 548 000	52 185 000	51 659 000
Operating Profit	3 634 000	1 627 000	1 934 000	2 132 000
Financial Income	267 000	371 000	265 000	193 000
Financial Costs	0	0	2 000	0
Financial Balance	267 000	371 000	263 000	193 000
Earnings Before Tax	3 901 000	1 998 000	2 198 000	2 325 000
Tax	861 000	443 000	486 000	514 000
Net Income	3 040 000	1 555 000	1 711 000	1 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	10 299 000	6 160 000	7 218 000	4 893 000
Total Assets	10 299 000	6 160 000	7 218 000	4 893 000
Total Retained Equity	5 038 000	4 998 000	3 443 000	3 032 000
Total Equity	5 138 000	5 098 000	3 543 000	3 132 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 161 000	1 062 000	3 675 000	1 761 000
Total Equity and Debt	10 299 000	6 160 000	7 218 000	4 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 520 000	37 175 000	54 119 000	53 791 000
Other Income	0	0	0	0
Revenue	78 520 000	37 175 000	54 119 000	53 791 000
Cost of Goods Sold	73 023 000	34 212 000	50 864 000	50 317 000
Salary Costs	1 688 000	1 162 000	1 153 000	1 162 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	74 886 000	35 548 000	52 185 000	51 659 000
Operating Profit	3 634 000	1 627 000	1 934 000	2 132 000
Financial Income	267 000	371 000	265 000	193 000
Financial Costs	0	0	2 000	0
Financial Balance	267 000	371 000	263 000	193 000
Dividends	0	0	0	0
Net Income	3 040 000	1 555 000	1 711 000	1 811 000

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	10 000	31 000	57 000	0
Total Investments	0	0	0	0
Cash, Bank	3 485 000	6 126 000	4 436 000	1 051 000
Total Current Assets	10 299 000	6 160 000	7 218 000	4 893 000
Total Assets	10 299 000	6 160 000	7 218 000	4 893 000
Total Equity	5 138 000	5 098 000	3 543 000	3 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 992 000	76 000	2 612 000	692 000
Unpaid Taxes	1 127 000	404 000	435 000	416 000
Dividends	0	0	0	0
Other Current Debt	182 000	140 000	141 000	138 000
Total Current Debt	5 161 000	1 062 000	3 675 000	1 761 000
Total Equity and Debt	10 299 000	6 160 000	7 218 000	4 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,17 %	30,5 %	48,29 %	57,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,63 %	4,38 %	3,57 %	3,96 %
Current Ratio	2	5,8	1,96	2,78
Quick Ratio	2	5,97	2	2,78
Equity Ratio	0,5	0,83	0,49	0,64
Gross Profit Margin	7 %	7,97 %	6,01 %	6,46 %