A lubricating oil composition for refrigerators comprising a base oil which comprises as a main component a polyol ester compound obtained from a polyhydric alcohol selected from among pentaerythritol, dipentaerythritol, trimethylolpropane, and neopentyl glycol and a C4 to C20 aliphatic monocarboxylic acid and which has an acid value of 0.02 mgKOH/g or less and a hydroxyl value of 5 mgKOH/g or less. A compressor using the lubricating composition. The lubricating oil composition is applicable to such refrigerators that use a refrigerant having a specific structure, such as an unsaturated fluorinated hydrocarbon compound, and being usable in current car air conditioner systems, and has excellent compatibility with the refrigerant, good sealing properties, capability of imparting a low coefficient of friction to sliding members and, yet, excellent stability. The compressor uses the lubricating composition.