QUAD GEOMETRICS NORWAY AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

27,46 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 885 000	1 153 000	4 000	663 000
Net Income	382 000	−312 000	−958 000	−427 000
Total Assets	1 669 000	1 541 000	1 420 000	2 423 000
Total Equity	1 391 000	1 009 000	1 321 000	2 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 885 000	1 153 000	4 000	663 000
Expenditure	1 808 000	1 706 000	960 000	1 227 000
Operating Profit	377 000	−352 000	−754 000	−564 000
Financial Income	54 000	12 000	89 000	38 000
Financial Costs	1 000	10 000	25 000	21 000
Financial Balance	53 000	2 000	64 000	17 000
Earnings Before Tax	429 000	−350 000	−690 000	−547 000
Tax	48 000	−38 000	267 000	−121 000
Net Income	382 000	−312 000	−958 000	−427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 045 000	861 000	662 000	744 000
Total Current Assets	624 000	680 000	758 000	1 679 000
Total Assets	1 669 000	1 541 000	1 420 000	2 423 000
Total Retained Equity	382 000	0	−1 715 000	−757 000
Total Equity	1 391 000	1 009 000	1 321 000	2 279 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	532 000	99 000	144 000
Total Equity and Debt	1 669 000	1 541 000	1 420 000	2 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 885 000	1 153 000	4 000	663 000
Other Income	0	0	0	0
Revenue	1 885 000	1 153 000	4 000	663 000
Cost of Goods Sold	121 000	7 000	1 000	0
Salary Costs	1 251 000	1 039 000	439 000	695 000
Depreciation	68 000	55 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	1 808 000	1 706 000	960 000	1 227 000
Operating Profit	377 000	−352 000	−754 000	−564 000
Financial Income	54 000	12 000	89 000	38 000
Financial Costs	1 000	10 000	25 000	21 000
Financial Balance	53 000	2 000	64 000	17 000
Dividends	0	0	0	0
Net Income	382 000	−312 000	−958 000	−427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 038 000	826 000	620 000	685 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	24 000	42 000	59 000
Fixtures	0	11 000	0	0
Total Tangible Assets	7 000	35 000	42 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 045 000	861 000	662 000	744 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	549 000	620 000	692 000	945 000
Total Current Assets	624 000	680 000	758 000	1 679 000
Total Assets	1 669 000	1 541 000	1 420 000	2 423 000
Total Equity	1 391 000	1 009 000	1 321 000	2 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	30 000	10 000	11 000
Unpaid Taxes	59 000	66 000	33 000	43 000
Dividends	0	0	0	0
Other Current Debt	156 000	436 000	56 000	89 000
Total Current Debt	279 000	532 000	99 000	144 000
Total Equity and Debt	1 669 000	1 541 000	1 420 000	2 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,46 %	−30,92 %	−72,52 %	−18,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20 %	−30,53 %	−18 850 %	−85,07 %
Current Ratio	2,24	1,28	7,66	11,66
Quick Ratio	2,24	1,28	7,66	11,66
Equity Ratio	0,83	0,65	0,93	0,94
Gross Profit Margin	93,58 %	99,39 %	75 %	100 %