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POLAR VARME AS
AS
Active
Org 960859529
Sælstøvegen 2, 5337 Rong
Wholesale of solid, liquid and gaseous fuels and related products · NACE 4681
Est. 1991
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 31,3M
-20% vs 2023
EBITDA margin
0.2%
-96% vs 2023
Equity ratio
-16.4%
Financial strength
Net profit 2024
NOK -490K
-162% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
-1M
2020
-1M
0%
2021
0M
+100%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 31,3M
-20%
EBITDA
NOK 59K
-96%
Net profit
NOK -490K
-162%
Total assets
NOK 6,8M
-6%
Equity
NOK -1,1M
-79%
Employees
2
—
Company information
Legal name
POLAR VARME AS
Org number
960859529
Legal form
Aksjeselskap
NACE code
4681 · Wholesale of solid, liquid and gaseous fuels and related products
Founded
13. mai 1991
Share capital
NOK 100 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Contact
Address
Sælstøvegen 2, 5337 Rong
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Revenue
NOK millions
0M
19M
39M
58M
77M
32M
2020
39M
2021
67M
2022
39M
2023
31M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2020
-1M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
31 750
38 534
67 327
38 990
31 283
Staff expenses
−1 567
−1 371
−1 092
−849
−801
EBITDA
−698
−1 314
62
1 433
59
Depreciation & amort.
−97
−119
−126
−135
−76
EBIT
−795
−1 433
−64
1 298
−18
Net financials
−70
−147
−210
−507
−472
Profit before tax
−865
−1 580
−274
791
−490
Tax
−0
−0
−0
−0
−0
Net profit
−865
−1 580
−274
791
−490
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 719
7 103
7 152
7 212
6 792
Equity
439
−1 141
−1 415
−624
−1 113
Long-term debt
1 387
1 732
1 494
1 623
1 083
Short-term debt
1 892
6 512
7 072
6 213
6 823
Total debt
3 279
8 244
8 566
7 836
7 906
Financial ratios
5-year trend
EBITDA margin
0.2%
This company
15.8%
Market median
-99% vs market
2020
2024
Equity ratio
-16.4%
This company
38.2%
Market median
-143% vs market
2020
2024
Return on equity
-48986000.0%
This company
18.4%
Market median
-266228361% vs market
2020
2024
Net profit margin
-1.6%
This company
8.1%
Market median
-120% vs market
2020
2024
Asset turnover
4.61×
This company
1.12×
Market median
+312% vs market
2020
2024
Debt / equity
7.10×
This company
0.62×
Market median
-1045% 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 (3)
EE
Elisabeth Engeberg Sæle
Deputy Member
Deputy Member
2011
NS
Norolf Sæle
Chief Executive Officer
Chief Executive Officer
2011
BN
Britt Nilsen Sæle
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KR
Knut Roald Sæle
Chairman
2011
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of POLAR VARME AS also hold positions in
0
other companies.
Person
Role here
Other companies
Elisabeth Engeberg Sæle
Deputy Member
0 companies
Norolf Sæle
Chief Executive Officer
0 companies
Britt Nilsen Sæle
Deputy Member
0 companies
Knut Roald Sæle
Chairman
0 companies