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POLAR KRAFT AS

980317471AksjeselskapMVA
Municipality
NARVIK
Employees
29
Founded
17.11.1998
Roles
3
www.polarkraft.no
Company details
Business address
Kongens gate 46, 8514 NARVIK
Municipality
Narvik
Phone
02006
Sector
Kommunalt eide aksjeselskaper mv.
Share capital
51 330 710 kr(153 226 shares)
Registered
26.11.1998
Purpose
Selskapets virksomhet er omsetning av elektrisk kraft til sluttbrukere og virksomhet som står i naturlig forbindelse med dette, samt å eie aksjer i selskaper som driver tilsvarende virksomhet.
Board and management

Styre og ledelse

Herold Myrland
Daglig leder
Ingrid Svensrud
Styremedlem
Anders Johan Kvamme
Styrets leder

Revisor

ERNST & YOUNG AS

Is revisor for 12 727 companies

Revisor

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Financials2024
Revenue
948.3 mill
Operating result
34.3 mill
Net result
22.0 mill
Assets
354.6 mill
Equity
132.9 mill
Debt
221.8 mill
Financial health check
Equity ratio
Good
Current ratio
Weak
Profitability
Satisfactory
Income statement and balance sheet
2024
Income statement
Revenue948.3 mill
Operating costs914.0 mill
= Operating result34.3 mill
Net finance-6.0 mill
= Net result22.0 mill
Balance sheet
Fixed assets158.9 mill
Current assets195.8 mill
= Total assets354.6 mill
Equity132.9 mill
Long-term debt21.3 mill
Short-term debt200.5 mill
= Total debt221.8 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
3.6%1.2%
Net margin
2.3%—
Return on assets
8.0%1.1%
Return on equity
16.6%—
Equity ratio
37.5%33.7%
Current ratio
0.981.28
Debt-to-equity
1.671.35

Based on 179 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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