POLAR TOURS EVENT AS

8006 BODØ

Finances

Share Ownership

Return on Equity

276,86 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 555 000	7 000	15 000	0
Net Income	670 000	−214 000	−104 000	−95 000
Total Assets	1 084 000	134 000	553 000	1 032 000
Total Equity	242 000	133 000	348 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 555 000	7 000	15 000	0
Expenditure	700 000	225 000	136 000	106 000
Operating Profit	855 000	−218 000	−121 000	−106 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	12 000	16 000
Financial Balance	0	−1 000	−12 000	−16 000
Earnings Before Tax	855 000	−219 000	−133 000	−122 000
Tax	185 000	−5 000	−29 000	−27 000
Net Income	670 000	−214 000	−104 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	16 000	16 000	494 000
Total Current Assets	1 068 000	118 000	537 000	538 000
Total Assets	1 084 000	134 000	553 000	1 032 000
Total Retained Equity	0	−108 000	106 000	209 000
Total Equity	242 000	133 000	348 000	451 000
Total Long-Term Debt	12 000	0	83 000	570 000
Total Current Debt	830 000	0	123 000	10 000
Total Equity and Debt	1 084 000	134 000	553 000	1 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 555 000	7 000	0	0
Other Income	0	0	15 000	0
Revenue	1 555 000	7 000	15 000	0
Cost of Goods Sold	570 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	63 000	63 000
Impairment	0	0	0	0
Expenditure	700 000	225 000	136 000	106 000
Operating Profit	855 000	−218 000	−121 000	−106 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	12 000	16 000
Financial Balance	0	−1 000	−12 000	−16 000
Dividends	0	0	0	0
Net Income	670 000	−214 000	−104 000	−95 000

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	478 000
Fixtures	16 000	16 000	16 000	16 000
Total Tangible Assets	16 000	16 000	16 000	494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	16 000	16 000	494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	368 000	72 000	171 000	19 000
Total Current Assets	1 068 000	118 000	537 000	538 000
Total Assets	1 084 000	134 000	553 000	1 032 000
Total Equity	242 000	133 000	348 000	451 000
Short-Term Group Debt	787 000	0	0	0
Total Long-Term Debt	12 000	0	83 000	570 000
Creditors	11 000	0	0	10 000
Unpaid Taxes	17 000	0	107 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	15 000	0
Total Current Debt	830 000	0	123 000	10 000
Total Equity and Debt	1 084 000	134 000	553 000	1 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	276,86 %	−160,9 %	−29,89 %	−21,06 %
Debt-to-Equity Ratio	0,05	0	0,24	1,26
Operating Profit Margin	54,98 %	−3 114,29 %	−806,67 %	-
Current Ratio	1,29	-	4,37	53,8
Quick Ratio	1,29	-	4,37	53,8
Equity Ratio	0,22	0,99	0,63	0,44
Gross Profit Margin	63,34 %	100 %	100 %	-