POLAR KRAFT AS
The operating margin in 2025 was 5.6 %
We hold too few companies in this industry to give a credible comparison. Our threshold is 30.
Key figures 2025
- Revenue
- 721.1 m kr
- Operating profit
- 40.3 m kr
- Operating margin
- 5.6 %
- Equity ratio
- 30.4 %
- Revenue growth
- -37.5 %from the year before
- Equity
- 117.2 m kr
The industry
We cannot compare this company
We hold too few companies in this industry to give a credible comparison. Our threshold is 30.
How the company stands
Margin says how it went, the balance sheet says how the company stands
Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.
- 1.0Current ratioWorth a look
- What the company owes within the year is larger than what it holds to pay it. This is the most common reason otherwise healthy companies get into trouble. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.
- 2.3Debt to equitySound
- The debt is manageable against the equity. How many kroner of debt the company carries per krone of equity. Lower is safer.
- 6.4Interest coverStrong
- Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.
Public contracts
Public contracts the company has won
We find 7 public contracts awarded to the company between 2023 and 2024. Total stated value is 139.1 m kr.
| Year | Buyer | Value | Comes up again |
|---|---|---|---|
| 2024 | Hålogaland Ressursselskap IKS · framework agreement | 4.9 m kr | |
| 2024 | Hålogaland Ressursselskap IKS · framework agreement | 4.9 m kr | |
| 2024 | Lødingen Municipality · framework agreement | 6.7 m kr | |
| 2024 | Norsk Luftfartssenter Bodø AS · framework agreement | 1.3 m kr | |
| 2023 | Agenda AS---Evenes Municipality---Gratangen Municipality---Narvik Havn KF---Narvik Municipality---Narvik Vann KF---Narvik kirkelige fellesråd · framework agreement | 86.5 m kr | |
| 2023 | Hamarøy Municipality · framework agreement | 13.9 m kr | |
| 2023 | Hemnes Municipality · framework agreement | 20.9 m kr |
A value is stated on 7 of 7 contracts. The total covers only those.
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Contract values are reported in euro and converted to kroner at the Norges Bank rate of 10.79 (2026-09-16).
History
How it has developed
| Year | Revenue | Operating profit | Margin |
|---|---|---|---|
| 2025 | 721.1 m kr | 40.3 m kr | 5.6 % |
| 2023 | 1.2 bn kr | 51.7 m kr | 4.5 % |
| 2022 | 1.1 bn kr | 7.6 m kr | 0.7 % |
| 2021 | 857.7 m kr | 33.4 m kr | 3.9 % |
| 2020 | 363.9 m kr | 30.7 m kr | 8.4 % |
| 2019 | 734.3 m kr | 18.7 m kr | 2.5 % |
| 2018 | 732.1 m kr | 15.3 m kr | 2.1 % |
| 2017 | 354 m kr | 36.8 m kr | 10.4 % |
| 2016 | 329.8 m kr | 19.1 m kr | 5.8 % |
| 2015 | 304 m kr | 22.3 m kr | 7.3 % |
| 2014 | 358.8 m kr | 12.3 m kr | 3.4 % |
Next step
The figures say where the company stands, not why
The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.