POLARLYS UTBYGGING AS

9510 ALTA

Finances

Share Ownership

Return on Equity

−59,7 %

Current Ratio

10,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	69 445 000	55 300 000
Net Income	−3 534 000	−3 370 000	5 656 000	1 526 000
Total Assets	6 569 000	10 982 000	14 285 000	59 643 000
Total Equity	5 920 000	9 257 000	12 435 000	6 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	69 445 000	55 300 000
Expenditure	3 418 000	3 208 000	60 882 000	50 924 000
Operating Profit	−3 418 000	−3 208 000	8 563 000	4 377 000
Financial Income	46 000	20 000	29 000	126 000
Financial Costs	162 000	183 000	1 357 000	2 634 000
Financial Balance	−116 000	−163 000	−1 328 000	−2 508 000
Earnings Before Tax	−3 534 000	−3 370 000	7 235 000	1 869 000
Tax	0	0	1 579 000	343 000
Net Income	−3 534 000	−3 370 000	5 656 000	1 526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 200 000
Total Current Assets	6 569 000	10 982 000	14 285 000	56 443 000
Total Assets	6 569 000	10 982 000	14 285 000	59 643 000
Total Retained Equity	5 820 000	9 157 000	12 335 000	6 739 000
Total Equity	5 920 000	9 257 000	12 435 000	6 839 000
Total Long-Term Debt	0	0	0	20 491 000
Total Current Debt	650 000	1 725 000	1 851 000	32 313 000
Total Equity and Debt	6 569 000	10 982 000	14 285 000	59 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	69 445 000	55 300 000
Other Income	0	0	0	0
Revenue	0	0	69 445 000	55 300 000
Cost of Goods Sold	0	−10 000	60 190 000	50 666 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 418 000	3 208 000	60 882 000	50 924 000
Operating Profit	−3 418 000	−3 208 000	8 563 000	4 377 000
Financial Income	46 000	20 000	29 000	126 000
Financial Costs	162 000	183 000	1 357 000	2 634 000
Financial Balance	−116 000	−163 000	−1 328 000	−2 508 000
Dividends	0	0	0	0
Net Income	−3 534 000	−3 370 000	5 656 000	1 526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	3 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	3 200 000
Stock	5 163 000	5 322 000	3 612 000	45 978 000
Total Investments	0	0	0	0
Cash, Bank	1 210 000	5 468 000	10 674 000	5 033 000
Total Current Assets	6 569 000	10 982 000	14 285 000	56 443 000
Total Assets	6 569 000	10 982 000	14 285 000	59 643 000
Total Equity	5 920 000	9 257 000	12 435 000	6 839 000
Short-Term Group Debt	0	0	60 000	310 000
Total Long-Term Debt	0	0	0	20 491 000
Creditors	650 000	512 000	212 000	3 281 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 213 000	0	4 695 000
Total Current Debt	650 000	1 725 000	1 851 000	32 313 000
Total Equity and Debt	6 569 000	10 982 000	14 285 000	59 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,7 %	−36,4 %	45,48 %	22,31 %
Debt-to-Equity Ratio	0	0	0	3
Operating Profit Margin	-	-	12,33 %	7,92 %
Current Ratio	10,11	6,37	7,72	1,75
Quick Ratio	−1,46	−3,05	−8,11	−4,13
Equity Ratio	0,9	0,84	0,87	0,11
Gross Profit Margin	-	-	13,33 %	8,38 %