POLARIS DISTRIBUSJON NORDVESTLANDET AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

−110,96 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 881 000	52 744 000	50 635 000	50 350 000
Net Income	−7 825 000	−6 511 000	−3 166 000	−2 560 000
Total Assets	17 624 000	16 481 000	16 731 000	14 653 000
Total Equity	7 052 000	7 003 000	5 401 000	4 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 881 000	52 744 000	50 635 000	50 350 000
Expenditure	59 848 000	61 056 000	54 653 000	53 582 000
Operating Profit	−9 966 000	−8 312 000	−4 018 000	−3 232 000
Financial Income	10 000	7 000	12 000	13 000
Financial Costs	75 000	29 000	33 000	42 000
Financial Balance	−65 000	−22 000	−21 000	−29 000
Earnings Before Tax	−10 031 000	−8 335 000	−4 039 000	−3 262 000
Tax	−2 206 000	−1 824 000	−873 000	−702 000
Net Income	−7 825 000	−6 511 000	−3 166 000	−2 560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 220 000	790 000	3 007 000	3 202 000
Total Current Assets	16 404 000	15 690 000	13 724 000	11 451 000
Total Assets	17 624 000	16 481 000	16 731 000	14 653 000
Total Retained Equity	−22 926 000	−15 100 000	−8 589 000	−3 373 000
Total Equity	7 052 000	7 003 000	5 401 000	4 425 000
Total Long-Term Debt	946 000	838 000	1 357 000	1 511 000
Total Current Debt	9 626 000	8 640 000	9 974 000	8 717 000
Total Equity and Debt	17 624 000	16 481 000	16 731 000	14 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 881 000	52 744 000	50 634 000	50 349 000
Other Income	0	0	0	1 000
Revenue	49 881 000	52 744 000	50 635 000	50 350 000
Cost of Goods Sold	0	0	23 635 000	18 050 000
Salary Costs	20 766 000	22 475 000	23 739 000	26 033 000
Depreciation	461 000	232 000	247 000	216 000
Impairment	0	2 097 000	0	1 303 000
Expenditure	59 848 000	61 056 000	54 653 000	53 582 000
Operating Profit	−9 966 000	−8 312 000	−4 018 000	−3 232 000
Financial Income	10 000	7 000	12 000	13 000
Financial Costs	75 000	29 000	33 000	42 000
Financial Balance	−65 000	−22 000	−21 000	−29 000
Dividends	0	0	0	0
Net Income	−7 825 000	−6 511 000	−3 166 000	−2 560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	2 097 000	2 097 000
Total Intangible Assets	138 000	153 000	2 097 000	2 097 000
Real Eastate	917 000	578 000	710 000	866 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	36 000	168 000	210 000
Total Tangible Assets	1 075 000	614 000	879 000	1 076 000
Total Fiancial Fixed Assets	6 000	23 000	31 000	28 000
Total Fixed Assets	1 220 000	790 000	3 007 000	3 202 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	16 404 000	15 690 000	13 724 000	11 451 000
Total Assets	17 624 000	16 481 000	16 731 000	14 653 000
Total Equity	7 052 000	7 003 000	5 401 000	4 425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	946 000	838 000	1 357 000	1 511 000
Creditors	299 000	420 000	2 443 000	1 087 000
Unpaid Taxes	1 241 000	1 316 000	1 413 000	1 675 000
Dividends	0	0	0	0
Other Current Debt	6 667 000	6 611 000	6 118 000	5 779 000
Total Current Debt	9 626 000	8 640 000	9 974 000	8 717 000
Total Equity and Debt	17 624 000	16 481 000	16 731 000	14 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,96 %	−92,97 %	−58,62 %	−57,85 %
Debt-to-Equity Ratio	0,13	0,12	0,25	0,34
Operating Profit Margin	−19,98 %	−15,76 %	−7,94 %	−6,42 %
Current Ratio	1,7	1,82	1,38	1,31
Quick Ratio	1,7	1,82	1,38	1,31
Equity Ratio	0,4	0,42	0,32	0,3
Gross Profit Margin	100 %	100 %	53,32 %	64,15 %