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POLAR ELECTRO NORGE AS984 572 700

Purchase and sale
Limited company
Nils Hansens vei 8 0667 OSLO, Norge
Goods and trade
/ Purchase and sale
/ 46.481 Wholesale of watches and clocks

POLAR ELECTRO NORGE AS

Closed at August 14th, 2025

Keywords

watchesclocks

Organization

Chairman of the board
SA

Sari Anneli Säynäjäkangas1965

Operation time
23 years
- Jun 11, 2002 to Aug 14, 2025
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
1
person

Financials

Total operating income 2024
34,491
NOK
Annual total result 2024
-360,976
NOK
Total equity 2024
6,836,900
NOK
Last update: Jul 1, 2025

Management

Board

NameRoleShares
SA

Sari Anneli Säynäjäkangas

1965

Chairman-

Others

NameRoleShares
R
RSM NORGE AS
Auditor-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
EE

Electro Europe Ag Polar

Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
34,491
16,189,959
29,161,174
49,831,595
Annual Total Result
-360,976
-2,243,748
661,141
1,148,441
Total assets
9,691,296
10,766,937
12,695,101
21,815,326
Total liabilities
2,854,396
3,569,061
3,253,477
13,034,843
Total equity
6,836,900
7,197,876
9,441,624
8,780,483

P&L

Year2024202320222021
Total operating income
34,491
16,189,959
29,161,174
49,831,595
Total operating costs
389,465
18,278,842
28,040,727
48,366,105
Operating result
-354,974
-2,088,883
1,120,447
1,465,490
Financial income/costs
-6,002
-115,736
-269,449
14,381
Profit before tax
-360,976
-2,204,618
850,998
1,479,871
Total tax & extraordinary income/cost
0
39,130
189,857
331,430
Annual Total Result
-360,976
-2,243,748
661,141
1,148,441

Balance overview

Year2024202320222021
Total fixed assets
0
0
114,567
127,334
Total current assets
9,691,296
10,766,937
12,580,535
21,687,992
Total assets
9,691,296
10,766,937
12,695,101
21,815,326
Short term debt
2,854,396
3,569,061
3,253,477
13,034,843
Long term debt
0
0
0
0
Total liabilities
2,854,396
3,569,061
3,253,477
13,034,843
Contributed capital
100,000
100,000
100,000
100,000
Retained earnings
6,736,900
7,097,876
9,341,624
8,680,483
Total equity
6,836,900
7,197,876
9,441,624
8,780,483
Total equity and liabilities
9,691,296
10,766,937
12,695,101
21,815,326

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.4
Main industrial group
Wholesale of household goods
46.48
Industrial group
Wholesale of watches and jewellery
46.481
Industrial group
Wholesale of watches and clocks