POLAREIENDOM AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−0,39 %

Current Ratio

1,87

Debt-to-Equity Ratio

4,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 760 000	4 059 000	4 092 000	3 985 000
Net Income	−33 000	326 000	54 000	−432 000
Total Assets	51 735 000	53 778 000	48 259 000	45 740 000
Total Equity	8 489 000	8 164 000	7 766 000	4 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 760 000	4 059 000	4 092 000	3 985 000
Expenditure	2 672 000	2 317 000	2 517 000	2 563 000
Operating Profit	2 088 000	1 742 000	1 575 000	1 423 000
Financial Income	0	0	0	0
Financial Costs	2 130 000	1 324 000	1 506 000	1 977 000
Financial Balance	−2 130 000	−1 324 000	−1 506 000	−1 977 000
Earnings Before Tax	−42 000	418 000	69 000	−554 000
Tax	−9 000	92 000	15 000	−122 000
Net Income	−33 000	326 000	54 000	−432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 822 000	50 411 000	44 330 000	45 440 000
Total Current Assets	1 913 000	3 367 000	3 929 000	300 000
Total Assets	51 735 000	53 778 000	48 259 000	45 740 000
Total Retained Equity	891 000	924 000	598 000	544 000
Total Equity	8 489 000	8 164 000	7 766 000	4 944 000
Total Long-Term Debt	42 224 000	38 232 000	39 578 000	40 282 000
Total Current Debt	1 022 000	7 383 000	915 000	513 000
Total Equity and Debt	51 735 000	53 778 000	48 259 000	45 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	188 000	0	0
Other Income	4 081 000	3 871 000	4 092 000	3 985 000
Revenue	4 760 000	4 059 000	4 092 000	3 985 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 122 000	1 122 000	1 122 000	1 122 000
Impairment	0	0	0	0
Expenditure	2 672 000	2 317 000	2 517 000	2 563 000
Operating Profit	2 088 000	1 742 000	1 575 000	1 423 000
Financial Income	0	0	0	0
Financial Costs	2 130 000	1 324 000	1 506 000	1 977 000
Financial Balance	−2 130 000	−1 324 000	−1 506 000	−1 977 000
Dividends	0	0	0	0
Net Income	−33 000	326 000	54 000	−432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	49 822 000	50 411 000	44 330 000	45 440 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	49 822 000	50 411 000	44 330 000	45 440 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 822 000	50 411 000	44 330 000	45 440 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	13 000	304 000	273 000
Total Current Assets	1 913 000	3 367 000	3 929 000	300 000
Total Assets	51 735 000	53 778 000	48 259 000	45 740 000
Total Equity	8 489 000	8 164 000	7 766 000	4 944 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 224 000	38 232 000	39 578 000	40 282 000
Creditors	667 000	7 136 000	199 000	193 000
Unpaid Taxes	0	0	0	69 000
Dividends	0	0	0	0
Other Current Debt	355 000	247 000	716 000	252 000
Total Current Debt	1 022 000	7 383 000	915 000	513 000
Total Equity and Debt	51 735 000	53 778 000	48 259 000	45 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,39 %	3,99 %	0,7 %	−8,74 %
Debt-to-Equity Ratio	4,97	4,68	5,1	8,15
Operating Profit Margin	43,87 %	42,92 %	38,49 %	35,71 %
Current Ratio	1,87	0,46	4,29	0,58
Quick Ratio	1,87	0,46	4,29	0,58
Equity Ratio	0,16	0,15	0,16	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %