POLARSIRKELEN FORSIKRING AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2022	2021	2020	2019
Revenue	442 000	621 000	1 069 000	1 440 000
Net Income	8 000	62 000	26 000	−283 000
Total Assets	93 000	74 000	88 000	346 000
Total Equity	0	−8 000	−71 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	442 000	621 000	1 069 000	1 440 000
Expenditure	433 000	558 000	1 043 000	1 722 000
Operating Profit	8 000	62 000	26 000	−282 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	8 000	62 000	26 000	−283 000
Tax	0	0	0	0
Net Income	8 000	62 000	26 000	−283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	93 000	74 000	88 000	346 000
Total Assets	93 000	74 000	88 000	346 000
Total Retained Equity	−30 000	−38 000	−101 000	−127 000
Total Equity	0	−8 000	−71 000	−97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	93 000	82 000	159 000	442 000
Total Equity and Debt	93 000	74 000	88 000	346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	442 000	582 000	1 069 000	1 375 000
Other Income	0	39 000	0	65 000
Revenue	442 000	621 000	1 069 000	1 440 000
Cost of Goods Sold	0	0	0	0
Salary Costs	369 000	461 000	842 000	1 220 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	433 000	558 000	1 043 000	1 722 000
Operating Profit	8 000	62 000	26 000	−282 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	8 000	62 000	26 000	−283 000

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	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	42 000	60 000	281 000
Total Current Assets	93 000	74 000	88 000	346 000
Total Assets	93 000	74 000	88 000	346 000
Total Equity	0	−8 000	−71 000	−97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	2 000	2 000	0
Unpaid Taxes	14 000	30 000	30 000	66 000
Dividends	0	0	0	0
Other Current Debt	69 000	50 000	127 000	377 000
Total Current Debt	93 000	82 000	159 000	442 000
Total Equity and Debt	93 000	74 000	88 000	346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	−775 %	−36,62 %	291,75 %
Debt-to-Equity Ratio	-	−0	−0	−0
Operating Profit Margin	1,81 %	9,98 %	2,43 %	−19,58 %
Current Ratio	1	0,9	0,55	0,78
Quick Ratio	1	0,9	0,55	0,78
Equity Ratio	0	−0,11	−0,81	−0,28
Gross Profit Margin	100 %	100 %	100 %	100 %