Polar Railways AS
ASActiveOrg 932070359C/O Pole Position Narvik Havnegata 2, 8514 NarvikFreight transport by road· NACE 4941Est. 2023 · 2 years old0 employees
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Polar Railways AS is a Norwegian AS based in Narvik, operating in the Freight transport by road sector. Incorporated in 2023, the company has 0 employees and reported revenue of 117,7k kr in its latest annual filing.
In its most recent annual report (2024), Polar Railways AS reported revenue of 117,7k kr, an increase of 502% on the year before. The figures on this page draw on 2 annual filings covering 2023 to 2024. The bottom line showed a net profit of 1,2k kr, and the EBITDA margin stood at 1%.
At the end of 2024, equity financed 81.2% of the balance sheet, and current assets covered short-term debt 5.3 times.