POLARKRAN AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

13,16 %

Current Ratio

1,05

Debt-to-Equity Ratio

8,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 828 000	20 966 000	15 633 000	17 557 000
Net Income	700 000	1 698 000	1 403 000	2 333 000
Total Assets	56 144 000	45 372 000	31 175 000	30 901 000
Total Equity	5 319 000	4 962 000	3 263 000	3 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 828 000	20 966 000	15 633 000	17 557 000
Expenditure	21 711 000	18 089 000	13 311 000	13 967 000
Operating Profit	2 117 000	2 878 000	2 323 000	3 590 000
Financial Income	41 000	7 000	40 000	4 000
Financial Costs	1 257 000	707 000	563 000	601 000
Financial Balance	−1 216 000	−700 000	−523 000	−597 000
Earnings Before Tax	901 000	2 177 000	1 799 000	2 992 000
Tax	201 000	479 000	397 000	659 000
Net Income	700 000	1 698 000	1 403 000	2 333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 734 000	38 924 000	24 370 000	25 131 000
Total Current Assets	4 409 000	6 447 000	6 805 000	5 771 000
Total Assets	56 144 000	45 372 000	31 175 000	30 901 000
Total Retained Equity	4 319 000	3 962 000	2 263 000	2 954 000
Total Equity	5 319 000	4 962 000	3 263 000	3 954 000
Total Long-Term Debt	46 642 000	35 136 000	21 548 000	22 105 000
Total Current Debt	4 182 000	5 274 000	6 364 000	4 843 000
Total Equity and Debt	56 144 000	45 372 000	31 175 000	30 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 828 000	20 006 000	15 633 000	17 557 000
Other Income	0	960 000	0	0
Revenue	23 828 000	20 966 000	15 633 000	17 557 000
Cost of Goods Sold	0	0	22 000	0
Salary Costs	9 061 000	7 768 000	6 484 000	6 336 000
Depreciation	4 634 000	3 442 000	2 624 000	2 856 000
Impairment	0	0	0	0
Expenditure	21 711 000	18 089 000	13 311 000	13 967 000
Operating Profit	2 117 000	2 878 000	2 323 000	3 590 000
Financial Income	41 000	7 000	40 000	4 000
Financial Costs	1 257 000	707 000	563 000	601 000
Financial Balance	−1 216 000	−700 000	−523 000	−597 000
Dividends	0	0	0	0
Net Income	700 000	1 698 000	1 403 000	2 333 000

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	400 000	415 000	486 000	0
Fixtures	51 283 000	38 458 000	23 884 000	25 131 000
Total Tangible Assets	51 683 000	38 873 000	24 370 000	25 131 000
Total Fiancial Fixed Assets	51 000	51 000	0	0
Total Fixed Assets	51 734 000	38 924 000	24 370 000	25 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 108 000	2 692 000	4 822 000	2 578 000
Total Current Assets	4 409 000	6 447 000	6 805 000	5 771 000
Total Assets	56 144 000	45 372 000	31 175 000	30 901 000
Total Equity	5 319 000	4 962 000	3 263 000	3 954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	46 642 000	35 136 000	21 548 000	22 105 000
Creditors	1 423 000	1 074 000	764 000	604 000
Unpaid Taxes	719 000	905 000	538 000	627 000
Dividends	0	0	0	0
Other Current Debt	2 040 000	3 200 000	5 061 000	3 612 000
Total Current Debt	4 182 000	5 274 000	6 364 000	4 843 000
Total Equity and Debt	56 144 000	45 372 000	31 175 000	30 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,16 %	34,22 %	43 %	59 %
Debt-to-Equity Ratio	8,77	7,08	6,6	5,59
Operating Profit Margin	8,88 %	13,73 %	14,86 %	20,45 %
Current Ratio	1,05	1,22	1,07	1,19
Quick Ratio	1,05	1,22	1,07	1,19
Equity Ratio	0,09	0,11	0,1	0,13
Gross Profit Margin	100 %	100 %	99,86 %	100 %