POLYCREST AS

4056 TANANGER

Finances

Return on Equity

−50,87 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 053 000	1 691 000	2 083 000	1 853 000
Net Income	−117 000	292 000	194 000	95 000
Total Assets	834 000	781 000	575 000	221 000
Total Equity	230 000	346 000	55 000	−139 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 053 000	1 691 000	2 083 000	1 853 000
Expenditure	2 165 000	1 309 000	1 892 000	1 754 000
Operating Profit	−112 000	382 000	191 000	99 000
Financial Income	1 000	0	32 000	0
Financial Costs	6 000	7 000	6 000	4 000
Financial Balance	−5 000	−7 000	26 000	−4 000
Earnings Before Tax	−117 000	374 000	217 000	95 000
Tax	0	82 000	23 000	0
Net Income	−117 000	292 000	194 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	107 000	102 000	0
Total Current Assets	702 000	674 000	473 000	221 000
Total Assets	834 000	781 000	575 000	221 000
Total Retained Equity	200 000	316 000	25 000	−169 000
Total Equity	230 000	346 000	55 000	−139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	604 000	434 000	520 000	361 000
Total Equity and Debt	834 000	781 000	575 000	221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 000	217 000	245 000	216 000
Other Income	1 814 000	1 474 000	1 838 000	1 637 000
Revenue	2 053 000	1 691 000	2 083 000	1 853 000
Cost of Goods Sold	1 814 000	1 204 000	1 773 000	1 637 000
Salary Costs	12 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 165 000	1 309 000	1 892 000	1 754 000
Operating Profit	−112 000	382 000	191 000	99 000
Financial Income	1 000	0	32 000	0
Financial Costs	6 000	7 000	6 000	4 000
Financial Balance	−5 000	−7 000	26 000	−4 000
Dividends	0	0	0	0
Net Income	−117 000	292 000	194 000	95 000

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	132 000	107 000	102 000	0
Total Fixed Assets	132 000	107 000	102 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	702 000	674 000	408 000	169 000
Total Current Assets	702 000	674 000	473 000	221 000
Total Assets	834 000	781 000	575 000	221 000
Total Equity	230 000	346 000	55 000	−139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	0	0	0
Unpaid Taxes	203 000	153 000	209 000	8 000
Dividends	0	0	0	0
Other Current Debt	349 000	198 000	288 000	353 000
Total Current Debt	604 000	434 000	520 000	361 000
Total Equity and Debt	834 000	781 000	575 000	221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,87 %	84,39 %	352,73 %	−68,35 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−5,46 %	22,59 %	9,17 %	5,34 %
Current Ratio	1,16	1,55	0,91	0,61
Quick Ratio	1,16	1,55	0,91	0,61
Equity Ratio	0,28	0,44	0,1	−0,63
Gross Profit Margin	11,64 %	28,8 %	14,88 %	11,66 %