POLARSIRKELEN TRAFIKKSKOLE AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

20,1 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 643 000	4 087 000	2 686 000	2 415 000
Net Income	464 000	469 000	130 000	142 000
Total Assets	3 527 000	3 086 000	2 201 000	1 797 000
Total Equity	2 308 000	1 844 000	1 375 000	1 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 643 000	4 087 000	2 686 000	2 415 000
Expenditure	4 039 000	3 461 000	2 487 000	2 211 000
Operating Profit	603 000	625 000	199 000	205 000
Financial Income	8 000	5 000	5 000	6 000
Financial Costs	0	0	0	1 000
Financial Balance	8 000	5 000	5 000	5 000
Earnings Before Tax	611 000	629 000	204 000	210 000
Tax	146 000	160 000	74 000	68 000
Net Income	464 000	469 000	130 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 663 000	1 230 000	872 000	1 280 000
Total Current Assets	1 864 000	1 857 000	1 329 000	517 000
Total Assets	3 527 000	3 086 000	2 201 000	1 797 000
Total Retained Equity	2 208 000	1 744 000	1 275 000	1 183 000
Total Equity	2 308 000	1 844 000	1 375 000	1 283 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 219 000	1 243 000	826 000	515 000
Total Equity and Debt	3 527 000	3 086 000	2 201 000	1 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 643 000	4 087 000	2 686 000	2 415 000
Other Income	0	0	0	0
Revenue	4 643 000	4 087 000	2 686 000	2 415 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 440 000	2 204 000	1 555 000	1 115 000
Depreciation	541 000	456 000	408 000	480 000
Impairment	0	0	0	0
Expenditure	4 039 000	3 461 000	2 487 000	2 211 000
Operating Profit	603 000	625 000	199 000	205 000
Financial Income	8 000	5 000	5 000	6 000
Financial Costs	0	0	0	1 000
Financial Balance	8 000	5 000	5 000	5 000
Dividends	0	0	0	0
Net Income	464 000	469 000	130 000	142 000

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	149 000	15 000	37 000	59 000
Fixtures	1 514 000	1 214 000	835 000	1 221 000
Total Tangible Assets	1 663 000	1 230 000	872 000	1 280 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 663 000	1 230 000	872 000	1 280 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 042 000	1 132 000	889 000	319 000
Total Current Assets	1 864 000	1 857 000	1 329 000	517 000
Total Assets	3 527 000	3 086 000	2 201 000	1 797 000
Total Equity	2 308 000	1 844 000	1 375 000	1 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	321 000	122 000	69 000	43 000
Unpaid Taxes	184 000	350 000	269 000	56 000
Dividends	0	0	0	0
Other Current Debt	567 000	610 000	415 000	332 000
Total Current Debt	1 219 000	1 243 000	826 000	515 000
Total Equity and Debt	3 527 000	3 086 000	2 201 000	1 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,1 %	25,43 %	9,45 %	11,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,99 %	15,29 %	7,41 %	8,49 %
Current Ratio	1,53	1,49	1,61	1
Quick Ratio	1,53	1,49	1,61	1
Equity Ratio	0,65	0,6	0,62	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %