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POLAR BYGG AS
AS
Active
Org 922361509
Mjølanveien 14, 8622 Mo I Rana
Construction of residential and non-residential buildings · NACE 4100
Est. 2019
10 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,8M
-1% vs 2023
EBITDA margin
-11.2%
-366% vs 2023
Equity ratio
-61.2%
Financial strength
Net profit 2024
NOK -920K
-213% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
0M
-100%
2021
0M
0%
2022
0M
0%
2023
-1M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 7,8M
-1%
EBITDA
NOK -870K
-366%
Net profit
NOK -920K
-213%
Total assets
NOK 1,5M
+2%
Equity
NOK -890K
-3066%
Employees
10
—
Company information
Legal name
POLAR BYGG AS
Org number
922361509
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
12. mars 2019
Share capital
NOK 30 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Drive byggevirksomhet og renovering og det som naturlig tilhører under dette.
Contact
Address
Mjølanveien 14, 8622 Mo I Rana
Phone
+4790231926
Email
vaidas@ves-as.no
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Companies in Construction of residential and non-residential buildings
Companies in Rana
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
7M
2020
8M
2021
9M
2022
8M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
0M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
7 323
7 730
9 223
7 893
7 797
Staff expenses
−2 994
−2 848
−3 196
−3 765
−3 406
EBITDA
534
288
−236
−187
−870
Depreciation & amort.
−5
−18
−34
−37
−37
EBIT
529
271
−270
−224
−908
Net financials
−2
−1
−0
−18
−12
Profit before tax
527
270
−270
−242
−920
Tax
116
82
−57
52
−0
Net profit
411
188
−213
−294
−920
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 410
1 718
1 290
1 428
1 454
Equity
41
30
30
30
−890
Long-term debt
2
5
0
0
0
Short-term debt
2 367
1 683
1 260
1 398
2 344
Total debt
2 369
1 688
1 260
1 398
2 344
Financial ratios
5-year trend
EBITDA margin
-11.2%
This company
15.8%
Market median
-171% vs market
2020
2024
Equity ratio
-61.2%
This company
38.2%
Market median
-260% vs market
2020
2024
Return on equity
-91993900.0%
This company
18.4%
Market median
-499966948% vs market
2020
2024
Net profit margin
-11.8%
This company
8.1%
Market median
-246% vs market
2020
2024
Asset turnover
5.36×
This company
1.12×
Market median
+379% vs market
2020
2024
Debt / equity
2.63×
This company
0.62×
Market median
-324% 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)
VP
Vaidas Plauska
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Reinvesta As
Company
100%
100%
2024
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Learn more
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Company hierarchy
Reinvesta As
POLAR BYGG AS
(this company)
Board network connections
Board members of POLAR BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Vaidas Plauska
Chief Executive Officer
0 companies