POLAR KRAFT AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 36 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 983 of 1,571 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 31 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
POLAR KRAFT AS is 7 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 197 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.6% (median 17.1%) and equity ratio 30.4% (median 42.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 721 MNOK | 195 MNOK |
| Operating margin | 5.6% | 17.1% |
| Profit margin | 5.0% | 13.9% |
| Return on assets | 11.0% | 5.4% |
| Equity ratio | 30.4% | 42.7% |
| Debt-to-equity | 2.29 | 1.33 |
| Current ratio | 0.98 | 1.18 |
| Revenue growth | −24.0% | 6.0% |
| Revenue per employee | 25.75 MNOK | 5.86 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 42, POLAR KRAFT AS does better than 36% of medium-sized companies in the same sector (197 companies) in 2025.
Score 2023–2025
- POLAR KRAFT AS
- Median: medium-sized companies in the same sector
POLAR KRAFT AS has a score of 42 for 2025, rank 983 of 1,571 in the sector.
Strongest: Consistency: percentile 75 against peers.
Weakest: Growth: percentile 6 against peers, revenue growth −24.0% against a median of 6.0%. Solidity: percentile 31 against peers, equity ratio 30.4% against a median of 42.7%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.98 (median 1.18).
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
POLAR KRAFT AS had an operating margin of 5.6% and an equity ratio of 30.4% in 2025, and ranks 983 of 1,571 in Kraft og energi.
From 2024 to 2025: revenue fell by 24% and the equity ratio fell from 37.5% to 30.4%.
POLAR KRAFT AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 117 MNOK and 304 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 282 MNOK |
| EV/EBIT | 8.0 | 304 MNOK |
| P/B | 1.0 | 117 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.98 (median 1.18).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.4% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 5.6% in 2025 (sector median 12.6%), and the equity ratio 30.4%. In the other years the operating margin averaged 4.0%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 56 | weight 30% |
|---|---|---|
| Solidity | 31 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 43 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is POLAR KRAFT AS?
The operating margin was 5.6% in 2025, against a median of 17.1% among medium-sized companies in the same sector. Return on assets was 11.0%.
How solid is POLAR KRAFT AS?
The equity ratio was 30.4% in 2025 (median 42.7%). Debt-to-equity was 2.29 (median 1.33).
What is the liquidity of POLAR KRAFT AS like?
The current ratio was 0.98 in 2025 (median 1.18). Current assets did not cover current liabilities.
How does POLAR KRAFT AS compare in Kraft og energi?
POLAR KRAFT AS ranks 983 of 1,571 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 127 of 197. Revenue changed by −24.0% from the year before.
Public contracts
- Contracts awarded since 2024
- 3
- Total awarded value since 2024
- value not stated
- Framework agreements
- 3
- Left out of the total: the value is a ceiling, not actual spend.
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 980317471
- Legal form
- AS
- Sector
- Kraft og energi (35.150)
- Size tier
- medium
- Employees
- 28 registered 10 September 2026
- Founded
- 17 November 1998 27 years in operation
- Share capital
- 51.33 MNOK
- Business address
- Kongens gate 46, 8514 NARVIK
- Municipality
- Narvik rank 15–25 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.polarkraft.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Herold Myrland
- Chair of the board
- Anders Johan Kvamme
- Board member
- Ingrid Svensrud
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 39 | 49 | 42 | |
| Rank | 981 | 760 | 983 | |
| Operating margin | 4.5% | 3.6% | 5.6% | |
| Return on assets | 10.5% | 10.7% | 11.0% | |
| Equity ratio | 26.9% | 37.5% | 30.4% | |
| Current ratio | 0.97 | 0.98 | 0.98 | |
| Revenue growth | – | −17.8% | −24.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,153.1 MNOK | 948.3 MNOK | 721.1 MNOK |
| Operating profit | 51.7 MNOK | 34.3 MNOK | 40.3 MNOK |
| Profit before tax | 46.0 MNOK | 28.3 MNOK | 36.2 MNOK |
| Net profit | 35.9 MNOK | 22.0 MNOK | 28.2 MNOK |
| Financial expenses | 8.8 MNOK | 9.8 MNOK | 6.3 MNOK |
| Total assets | 522.9 MNOK | 354.6 MNOK | 385.1 MNOK |
| Current assets | 349.5 MNOK | 195.8 MNOK | 244.1 MNOK |
| Equity | 140.6 MNOK | 132.9 MNOK | 117.2 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 382.3 MNOK | 221.8 MNOK | 267.9 MNOK |
| Current liabilities | 358.9 MNOK | 200.5 MNOK | 248.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6800104.
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