POLAR TRANSPORT AS

1724 SARPSBORG

Finances

Return on Equity

212,07 %

Current Ratio

392,17

Debt-to-Equity Ratio

3,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 562 000	4 321 000	2 586 000	2 638 000
Net Income	3 022 000	1 837 000	−333 000	−852 000
Total Assets	6 655 000	5 096 000	3 458 000	4 176 000
Total Equity	1 425 000	−1 597 000	−3 434 000	−3 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 562 000	4 321 000	2 586 000	2 638 000
Expenditure	233 000	2 349 000	2 733 000	3 265 000
Operating Profit	3 330 000	1 972 000	−148 000	−627 000
Financial Income	33 000	3 000	0	1 000
Financial Costs	64 000	139 000	185 000	226 000
Financial Balance	−31 000	−136 000	−185 000	−225 000
Earnings Before Tax	3 298 000	1 837 000	−333 000	−852 000
Tax	277 000	0	0	0
Net Income	3 022 000	1 837 000	−333 000	−852 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 949 000	3 747 000	2 140 000	3 760 000
Total Current Assets	4 706 000	1 349 000	1 318 000	416 000
Total Assets	6 655 000	5 096 000	3 458 000	4 176 000
Total Retained Equity	1 325 000	−1 697 000	−3 534 000	−3 201 000
Total Equity	1 425 000	−1 597 000	−3 434 000	−3 101 000
Total Long-Term Debt	5 217 000	4 068 000	4 550 000	4 902 000
Total Current Debt	12 000	2 625 000	2 342 000	2 374 000
Total Equity and Debt	6 655 000	5 096 000	3 458 000	4 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	4 321 000	2 586 000	2 638 000
Other Income	3 552 000	0	0	0
Revenue	3 562 000	4 321 000	2 586 000	2 638 000
Cost of Goods Sold	17 000	481 000	685 000	736 000
Salary Costs	0	0	0	0
Depreciation	228 000	1 062 000	1 620 000	1 620 000
Impairment	0	0	0	0
Expenditure	233 000	2 349 000	2 733 000	3 265 000
Operating Profit	3 330 000	1 972 000	−148 000	−627 000
Financial Income	33 000	3 000	0	1 000
Financial Costs	64 000	139 000	185 000	226 000
Financial Balance	−31 000	−136 000	−185 000	−225 000
Dividends	0	0	0	0
Net Income	3 022 000	1 837 000	−333 000	−852 000

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	260 000	698 000	480 000	1 370 000
Total Tangible Assets	1 153 000	1 628 000	2 140 000	3 760 000
Total Fiancial Fixed Assets	796 000	2 118 000	0	0
Total Fixed Assets	1 949 000	3 747 000	2 140 000	3 760 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 436 000	1 151 000	1 011 000	387 000
Total Current Assets	4 706 000	1 349 000	1 318 000	416 000
Total Assets	6 655 000	5 096 000	3 458 000	4 176 000
Total Equity	1 425 000	−1 597 000	−3 434 000	−3 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 217 000	4 068 000	4 550 000	4 902 000
Creditors	5 000	218 000	35 000	152 000
Unpaid Taxes	0	150 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	8 000	2 256 000	2 270 000	2 222 000
Total Current Debt	12 000	2 625 000	2 342 000	2 374 000
Total Equity and Debt	6 655 000	5 096 000	3 458 000	4 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,07 %	−115,03 %	9,7 %	27,48 %
Debt-to-Equity Ratio	3,66	−2,55	−1,32	−1,58
Operating Profit Margin	93,49 %	45,64 %	−5,72 %	−23,77 %
Current Ratio	392,17	0,51	0,56	0,18
Quick Ratio	392,17	0,51	0,56	0,18
Equity Ratio	0,21	−0,31	−0,99	−0,74
Gross Profit Margin	99,52 %	88,87 %	73,51 %	72,1 %