POLAR QUALITY AS
Organization
- CEO
- RJ
Robert Johansen1984
- Chairman of the board
- JS
Jarle Solemdal1971
- Years since formation
- 23 years
- since Jun 25, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 14
Ownership
- Number of shares and share classes
- 57,000
- 1 share class
- Total number of shareholders
- 5
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 4,849,029,749
- NOK
- Annual total result 2024
- 61,334,647
- NOK
- Total equity 2024
- 176,797,846
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RJ 1984 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JS 1971 | Chairman | - |
DA | Deputy Chair | - |
RØ 1971 | Alternate Member | 2.57 % indirectly |
KJ | Alternate Member | 3.79 % indirectly |
LV 1981 | Board Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AO 1947 | - | 10.31 % indirectly |
HM | - | 5.09 % indirectly |
LK | - | 5.09 % indirectly |
ML | - | 5.09 % indirectly |
KJ | Alternate Member | 3.79 % indirectly |
GW 1970 | - | 3.71 % indirectly |
EW | - | 3.65 % indirectly |
GP | - | 3.65 % indirectly |
HØ | - | 2.6 % indirectly |
RØ 1971 | Alternate Member | 2.57 % indirectly |
Last update: Sep 23, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 31,437 | 55.15 % | |
| Ordinary shares | 8,813 | 15.46 % | |
| Ordinary shares | 7,375 | 12.94 % | |
| Ordinary shares | 5,875 | 10.31 % | |
| Ordinary shares | 3,500 | 6.14 % |
Shares owned by the POLAR QUALITY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 8,160 | 51 % | |
| Ordinary shares | 8,813 | 15.46 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 100,241,289Operating profit 2024: NOK 417,938Employees: 10
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,849,029,749 | 3,608,588,100 | 2,166,076,798 | 1,707,544,051 |
Annual Total Result | 61,334,647 | 49,804,174 | 28,543,204 | 14,125,357 |
Total assets | 944,869,396 | 574,179,765 | 314,409,491 | 280,873,578 |
Total liabilities | 768,071,550 | 447,259,666 | 240,276,164 | 235,283,454 |
Total equity | 176,797,846 | 126,920,099 | 74,133,328 | 45,590,124 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,849,029,749 | 3,608,588,100 | 2,166,076,798 | 1,707,544,051 |
Total operating costs | 4,765,949,420 | 3,542,819,863 | 2,125,597,283 | 1,693,998,215 |
Operating result | 83,080,328 | 65,768,237 | 40,479,515 | 13,545,836 |
Financial income/costs | -4,037,775 | -1,494,801 | -3,652,312 | 3,445,957 |
Profit before tax | 79,042,553 | 64,273,436 | 36,827,203 | 16,991,793 |
Total tax & extraordinary income/cost | 17,707,906 | 14,469,262 | 8,283,999 | 2,866,436 |
Annual Total Result | 61,334,647 | 49,804,174 | 28,543,204 | 14,125,357 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 24,079,614 | 16,972,785 | 16,359,547 | 17,895,155 |
Total current assets | 920,789,782 | 557,206,980 | 298,049,944 | 262,978,423 |
Total assets | 944,869,396 | 574,179,765 | 314,409,491 | 280,873,578 |
Short term debt | 767,572,242 | 446,491,006 | 235,901,164 | 223,408,454 |
Long term debt | 499,309 | 768,660 | 4,375,000 | 11,875,000 |
Total liabilities | 768,071,550 | 447,259,666 | 240,276,164 | 235,283,454 |
Contributed capital | 6,108,733 | 6,990,033 | 5,756,288 | 5,756,288 |
Retained earnings | 170,689,113 | 119,930,066 | 68,377,040 | 39,833,836 |
Total equity | 176,797,846 | 126,920,099 | 74,133,328 | 45,590,124 |
Total equity and liabilities | 944,869,396 | 574,179,765 | 314,409,491 | 280,873,578 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises