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POLAR-GROSS AS
AS
Active
Org 987903120
Olsborg, 9321 Moen
Wholesale of motor vehicle parts and accessories · NACE 4672
Est. 2005
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,6M
-6% vs 2023
EBITDA margin
35.8%
+11% vs 2023
Equity ratio
81.7%
Financial strength
Net profit 2024
NOK 431K
+13% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,6M
-6%
EBITDA
NOK 581K
+11%
Net profit
NOK 431K
+13%
Total assets
NOK 2,5M
+4%
Equity
NOK 2M
+19%
Employees
2
—
Company information
Legal name
POLAR-GROSS AS
Org number
987903120
Legal form
Aksjeselskap
NACE code
4672 · Wholesale of motor vehicle parts and accessories
Founded
1. mars 2005
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
Daglig leder alene.
Company purpose
Agentur/salg av bilrekvisita, verktøy og forbruksvarer.
Contact
Address
Olsborg, 9321 Moen
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Companies in Wholesale of motor vehicle parts and accessories
Companies in Målselv
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 667
2 009
1 729
1 722
1 623
Staff expenses
−235
−112
−115
−59
−51
EBITDA
466
934
649
524
581
Depreciation & amort.
−34
−34
−34
−34
−30
EBIT
432
900
615
490
551
Net financials
−0
0
−0
1
1
Profit before tax
432
900
614
492
552
Tax
95
198
135
110
121
Net profit
337
702
479
382
431
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 775
2 518
2 598
2 403
2 504
Equity
1 402
1 954
1 933
1 715
2 046
Long-term debt
17
17
17
17
14
Short-term debt
356
547
648
671
444
Total debt
373
564
665
688
458
Financial ratios
5-year trend
EBITDA margin
35.8%
This company
15.8%
Market median
+127% vs market
2020
2024
Equity ratio
81.7%
This company
38.2%
Market median
+114% vs market
2020
2024
Return on equity
21.1%
This company
18.4%
Market median
+15% vs market
2020
2024
Net profit margin
26.5%
This company
8.1%
Market median
+227% vs market
2020
2024
Asset turnover
0.65×
This company
1.12×
Market median
-42% vs market
2020
2024
Debt / equity
0.22×
This company
0.62×
Market median
+65% 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)
SI
Svein Inge Svendsen
Chief Executive Officer
Chief Executive Officer
2005
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DS
Daniel Svendsen
Chairman
2005
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-GROSS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Svein Inge Svendsen
Chief Executive Officer
0 companies
Daniel Svendsen
Chairman
0 companies