POLAR VIKING AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−15,03 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 360 000	4 923 000	36 852 000	24 241 000
Net Income	−4 474 000	−10 351 000	26 435 000	5 345 000
Total Assets	46 916 000	55 262 000	45 934 000	53 306 000
Total Equity	29 761 000	34 235 000	44 585 000	18 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 360 000	4 923 000	36 852 000	24 241 000
Expenditure	12 788 000	15 540 000	10 284 000	18 151 000
Operating Profit	−4 428 000	−10 617 000	26 568 000	6 091 000
Financial Income	582 000	723 000	413 000	205 000
Financial Costs	538 000	358 000	525 000	1 069 000
Financial Balance	44 000	365 000	−112 000	−864 000
Earnings Before Tax	−4 384 000	−10 252 000	26 455 000	5 227 000
Tax	90 000	98 000	20 000	−118 000
Net Income	−4 474 000	−10 351 000	26 435 000	5 345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 644 000	33 726 000	0	37 055 000
Total Current Assets	11 272 000	21 536 000	45 934 000	16 251 000
Total Assets	46 916 000	55 262 000	45 934 000	53 306 000
Total Retained Equity	27 995 000	32 469 000	42 819 000	16 384 000
Total Equity	29 761 000	34 235 000	44 585 000	18 150 000
Total Long-Term Debt	14 424 000	15 352 000	259 000	31 259 000
Total Current Debt	2 731 000	5 676 000	1 090 000	3 897 000
Total Equity and Debt	46 916 000	55 262 000	45 934 000	53 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 360 000	4 920 000	8 598 000	24 377 000
Other Income	0	3 000	28 253 000	−136 000
Revenue	8 360 000	4 923 000	36 852 000	24 241 000
Cost of Goods Sold	6 402 000	4 972 000	2 229 000	7 557 000
Salary Costs	0	−15 000	3 606 000	4 857 000
Depreciation	2 669 000	2 363 000	1 777 000	3 281 000
Impairment	0	0	0	0
Expenditure	12 788 000	15 540 000	10 284 000	18 151 000
Operating Profit	−4 428 000	−10 617 000	26 568 000	6 091 000
Financial Income	582 000	723 000	413 000	205 000
Financial Costs	538 000	358 000	525 000	1 069 000
Financial Balance	44 000	365 000	−112 000	−864 000
Dividends	0	0	0	0
Net Income	−4 474 000	−10 351 000	26 435 000	5 345 000

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	24 491 000	26 924 000	0	37 055 000
Total Fiancial Fixed Assets	11 152 000	6 802 000	0	0
Total Fixed Assets	35 644 000	33 726 000	0	37 055 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	17 610 000	34 307 000	12 963 000
Total Current Assets	11 272 000	21 536 000	45 934 000	16 251 000
Total Assets	46 916 000	55 262 000	45 934 000	53 306 000
Total Equity	29 761 000	34 235 000	44 585 000	18 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 424 000	15 352 000	259 000	31 259 000
Creditors	2 309 000	5 563 000	792 000	974 000
Unpaid Taxes	0	0	214 000	1 038 000
Dividends	0	0	0	0
Other Current Debt	299 000	17 000	2 000	1 782 000
Total Current Debt	2 731 000	5 676 000	1 090 000	3 897 000
Total Equity and Debt	46 916 000	55 262 000	45 934 000	53 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,03 %	−30,24 %	59,29 %	29,45 %
Debt-to-Equity Ratio	0,48	0,45	0,01	1,72
Operating Profit Margin	−52,97 %	−215,66 %	72,09 %	25,13 %
Current Ratio	4,13	3,79	42,14	4,17
Quick Ratio	4,13	3,79	42,14	4,17
Equity Ratio	0,63	0,62	0,97	0,34
Gross Profit Margin	23,42 %	−1 %	93,95 %	68,83 %