What is the Org number of POLARBAD VEST AS?

POLARBAD VEST AS is registered with Brønnøysundsregistrene under Org 986885803.

What is the revenue of POLARBAD VEST AS?

POLARBAD VEST AS reported revenue of NOK 40,5M in 2021.

How many employees does POLARBAD VEST AS have?

POLARBAD VEST AS employs 14 people as of the latest annual report.

Who is the CEO of POLARBAD VEST AS?

Alf Johan Madsen is Deputy Member of POLARBAD VEST AS, in role since 2020.

Who is the chairman of POLARBAD VEST AS?

Frank Vedeld chairs the board of POLARBAD VEST AS, in role since 2021.

Where is POLARBAD VEST AS headquartered?

POLARBAD VEST AS's registered address is Digernes Næringsområde 11, 6260 Skodje.

POLARBAD VEST AS

ASActive

Org 986885803Digernes Næringsområde 11, 6260 SkodjeButikkhandel med byggevarer ikke nevnt annet sted · NACE 47529Est. 200414 employeeswww.polarbad.no

Revenue 2021

NOK 40,5M

+1% vs 2020

EBITDA margin

25.3%

+58% vs 2020

Equity ratio

37.5%

Financial strength

Net profit 2021

NOK 7,6M

+68% vs 2020

EBITDA — year on yearNOK millions

Key figuresAnnual report 2021

Revenue	NOK 40,5M	+1%
EBITDA	NOK 10,3M	+58%
Net profit	NOK 7,6M	+68%
Total assets	NOK 21M	+6%
Equity	NOK 7,9M	+92%
Employees	14	—

Item	2017	2018	2019	2020	2021
Revenue	23 256	28 709	28 624	40 083	40 508
Staff expenses	−5 710	−6 595	−6 336	−7 535	−7 033
EBITDA	1 223	1 576	1 229	6 484	10 266
Depreciation & amort.	−90	−363	−533	−593	−463
EBIT	1 133	1 213	697	5 891	9 803
Net financials	−55	−105	−112	−110	−93
Profit before tax	1 078	1 108	585	5 781	9 710
Tax	263	276	139	1 270	2 138
Net profit	815	832	446	4 511	7 572

Item	2017	2018	2019	2020	2021
Total assets	9 251	12 317	12 854	19 810	21 041
Equity	4 625	5 157	5 602	4 113	7 885
Long-term debt	0	3 088	2 790	2 426	1 802
Short-term debt	4 625	4 071	4 461	13 270	11 354
Total debt	4 625	7 160	7 252	15 697	13 156

Name	Role	Member since
Former (1)
AJ Alf Johan Madsen Deputy Member	Deputy Member	2020 – 2021

Name	Role	Member since
Current (2)
FV Frank Vedeld	Chairman	2021
LL Lisbeth Lødemel Vedeld	Board of Directors	2021

Person	Role here	Other companies
Alf Johan Madsen	Deputy Member	0 companies
Frank Vedeld	Chairman	0 companies
Lisbeth Lødemel Vedeld	Board of Directors	0 companies