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POLARTECH AS
AS
Active
Org 921480334
Kjerringøyveien 1319, 8093 Kjerringøy
Other construction installation · NACE 4324
Est. 2018
9 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5M
+44% vs 2023
EBITDA margin
26.6%
+91% vs 2023
Equity ratio
19.9%
Financial strength
Net profit 2024
NOK 603K
+14% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 5M
+44%
EBITDA
NOK 1,3M
+91%
Net profit
NOK 603K
+14%
Total assets
NOK 5,9M
+507%
Equity
NOK 1,2M
+107%
Employees
9
—
Company information
Legal name
POLARTECH AS
Org number
921480334
Legal form
Aksjeselskap
NACE code
4324 · Other construction installation
Founded
1. oktober 2018
Share capital
NOK 30 000
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Montasje, reparasjoner av hjelpemidler og utstyr. Selskapet skal også drive gatekjøkken og takeaway.
Contact
Address
Kjerringøyveien 1319, 8093 Kjerringøy
Phone
+4795830649
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Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2020
3M
2021
3M
2022
3M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 536
3 120
2 884
3 500
5 038
Staff expenses
−1 536
−1 941
−1 443
−1 466
−1 630
EBITDA
−65
−101
139
704
1 342
Depreciation & amort.
−33
−33
−27
−25
−294
EBIT
−99
−134
113
679
1 048
Net financials
−3
1
−3
−0
−280
Profit before tax
−102
−132
109
679
768
Tax
−22
−0
−0
151
165
Net profit
−80
−132
109
528
603
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
421
452
314
964
5 855
Equity
59
−73
36
565
1 168
Long-term debt
0
0
0
0
3 540
Short-term debt
362
526
278
399
1 147
Total debt
362
526
278
399
4 687
Financial ratios
5-year trend
EBITDA margin
26.6%
This company
15.8%
Market median
+68% vs market
2020
2024
Equity ratio
19.9%
This company
38.2%
Market median
-48% vs market
2020
2024
Return on equity
51.6%
This company
18.4%
Market median
+180% vs market
2020
2024
Net profit margin
12.0%
This company
8.1%
Market median
+48% vs market
2020
2024
Asset turnover
0.86×
This company
1.12×
Market median
+23% vs market
2020
2024
Debt / equity
4.01×
This company
0.62×
Market median
-547% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
SE
Steven Eide
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of POLARTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Steven Eide
Chief Executive Officer
0 companies