BIZTRAC BETA
Operation of marine fish farms

POLAR ALGAE AS

Org. no. 917875146 Limited company (AS) Hammerfest Incorporated 2016 Active
Ownership graph ↗
Revenue 2024 NOK 3.5m
Operating profit NOK −13.9m
Equity NOK 41.1m
Incorporated 2016
Employees 8
Share capital NOK 1.0m

Key figures · 2024

Current ratio
13.52
Very good
Equity ratio
68.3%
Very good

Key figures over time · 2024

Key figures2024Trend
Lønnsomhet
Operating margin (%%) -393.1%
Net margin (%%) -423.0%
Return on assets (%%) -23.1%
Likviditet
Current ratio 13.52
Working capital 32.5m
Soliditet
Equity ratio (%%) 68.3%
Debt-to-equity ratio 0.46

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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