POLARIS INVEST AS

7017 TRONDHEIM

Finances

Return on Equity

79,58 %

Current Ratio

0,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 582 000	0	0	0
Net Income	3 277 000	1 407 000	9 000	−52 000
Total Assets	5 364 000	2 510 000	1 023 000	984 000
Total Equity	4 118 000	841 000	−566 000	−575 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 582 000	0	0	0
Expenditure	115 000	20 000	18 000	7 000
Operating Profit	1 467 000	−20 000	−18 000	−7 000
Financial Income	6 306 000	3 360 000	38 000	11 000
Financial Costs	4 269 000	1 933 000	11 000	56 000
Financial Balance	2 037 000	1 427 000	27 000	−45 000
Earnings Before Tax	3 504 000	1 407 000	9 000	−52 000
Tax	227 000	0	0	0
Net Income	3 277 000	1 407 000	9 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 696 000	2 504 000	1 021 000	983 000
Total Current Assets	667 000	6 000	2 000	1 000
Total Assets	5 364 000	2 510 000	1 023 000	984 000
Total Retained Equity	4 018 000	741 000	−666 000	−675 000
Total Equity	4 118 000	841 000	−566 000	−575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 246 000	1 669 000	1 589 000	1 559 000
Total Equity and Debt	5 364 000	2 510 000	1 023 000	984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 403 000	0	0	0
Other Income	180 000	0	0	0
Revenue	1 582 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	115 000	20 000	18 000	7 000
Operating Profit	1 467 000	−20 000	−18 000	−7 000
Financial Income	6 306 000	3 360 000	38 000	11 000
Financial Costs	4 269 000	1 933 000	11 000	56 000
Financial Balance	2 037 000	1 427 000	27 000	−45 000
Dividends	0	0	0	0
Net Income	3 277 000	1 407 000	9 000	−52 000

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	4 696 000	2 504 000	1 021 000	983 000
Total Fixed Assets	4 696 000	2 504 000	1 021 000	983 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	6 000	2 000	1 000
Total Current Assets	667 000	6 000	2 000	1 000
Total Assets	5 364 000	2 510 000	1 023 000	984 000
Total Equity	4 118 000	841 000	−566 000	−575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−2 000	2 000	1 000	1 000
Unpaid Taxes	138 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	883 000	1 667 000	1 588 000	1 558 000
Total Current Debt	1 246 000	1 669 000	1 589 000	1 559 000
Total Equity and Debt	5 364 000	2 510 000	1 023 000	984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,58 %	167,3 %	−1,59 %	9,04 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	92,73 %	-	-	-
Current Ratio	0,54	0	0	0
Quick Ratio	0,54	0	0	0
Equity Ratio	0,77	0,34	−0,55	−0,58
Gross Profit Margin	100 %	-	-	-