EKORNES QM HOLDING AS

6222 IKORNNES

Finances

Return on Equity

4,13 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 928 153 000	4 317 868 000	3 481 709 000	3 169 006 000
Net Income	138 558 000	273 944 000	142 379 000	100 646 000
Total Assets	8 104 930 000	8 090 126 000	7 748 212 000	7 435 672 000
Total Equity	3 355 855 000	3 082 971 000	3 569 510 000	3 451 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 928 153 000	4 317 868 000	3 481 709 000	3 169 006 000
Expenditure	4 572 703 000	3 803 835 000	3 118 343 000	2 934 045 000
Operating Profit	355 450 000	514 033 000	363 366 000	234 961 000
Financial Income	73 364 000	15 086 000	25 055 000	106 005 000
Financial Costs	263 697 000	191 067 000	210 333 000	213 614 000
Financial Balance	−190 333 000	−175 981 000	−185 278 000	−107 609 000
Earnings Before Tax	165 117 000	338 052 000	178 088 000	127 352 000
Tax	26 559 000	64 108 000	35 709 000	26 706 000
Net Income	138 558 000	273 944 000	142 379 000	100 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 878 906 000	5 904 304 000	5 956 868 000	6 082 695 000
Total Current Assets	2 226 024 000	2 185 822 000	1 791 344 000	1 352 977 000
Total Assets	8 104 930 000	8 090 126 000	7 748 212 000	7 435 672 000
Total Retained Equity	548 381 000	275 497 000	262 006 000	643 741 000
Total Equity	3 355 855 000	3 082 971 000	3 569 510 000	3 451 215 000
Total Long-Term Debt	966 621 000	2 988 623 000	3 474 610 000	3 471 307 000
Total Current Debt	3 782 454 000	2 018 532 000	704 092 000	513 151 000
Total Equity and Debt	8 104 930 000	8 090 126 000	7 748 212 000	7 435 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 928 153 000	4 317 868 000	3 481 709 000	3 169 006 000
Other Income	0	0	0	0
Revenue	4 928 153 000	4 317 868 000	3 481 709 000	3 169 006 000
Cost of Goods Sold	1 632 158 000	1 205 332 000	910 103 000	845 614 000
Salary Costs	1 289 020 000	1 209 578 000	1 017 873 000	937 749 000
Depreciation	319 551 000	319 274 000	303 219 000	289 468 000
Impairment	0	0	0	0
Expenditure	4 572 703 000	3 803 835 000	3 118 343 000	2 934 045 000
Operating Profit	355 450 000	514 033 000	363 366 000	234 961 000
Financial Income	73 364 000	15 086 000	25 055 000	106 005 000
Financial Costs	263 697 000	191 067 000	210 333 000	213 614 000
Financial Balance	−190 333 000	−175 981 000	−185 278 000	−107 609 000
Dividends	0	0	0	0
Net Income	138 558 000	273 944 000	142 379 000	100 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 235 437 000	4 244 350 000	4 344 599 000	1 561 115 000
Total Intangible Assets	4 379 806 000	4 388 086 000	4 457 188 000	4 547 005 000
Real Eastate	950 415 000	956 535 000	1 001 664 000	1 047 684 000
Machinery and Plant Facilities	283 661 000	293 814 000	297 964 000	320 072 000
Fixtures	241 947 000	241 799 000	179 190 000	151 066 000
Total Tangible Assets	1 476 023 000	1 492 148 000	1 478 818 000	1 518 822 000
Total Fiancial Fixed Assets	23 077 000	24 070 000	20 862 000	16 868 000
Total Fixed Assets	5 878 906 000	5 904 304 000	5 956 868 000	6 082 695 000
Stock	1 197 183 000	1 272 320 000	818 136 000	575 431 000
Total Investments	0	4 130 000	22 732 000	0
Cash, Bank	428 879 000	350 084 000	454 624 000	312 804 000
Total Current Assets	2 226 024 000	2 185 822 000	1 791 344 000	1 352 977 000
Total Assets	8 104 930 000	8 090 126 000	7 748 212 000	7 435 672 000
Total Equity	3 355 855 000	3 082 971 000	3 569 510 000	3 451 215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	966 621 000	2 988 623 000	3 474 610 000	3 471 307 000
Creditors	189 918 000	332 135 000	243 247 000	153 169 000
Unpaid Taxes	65 552 000	84 331 000	77 439 000	63 198 000
Dividends	0	0	0	0
Other Current Debt	421 858 000	398 172 000	311 447 000	258 957 000
Total Current Debt	3 782 454 000	2 018 532 000	704 092 000	513 151 000
Total Equity and Debt	8 104 930 000	8 090 126 000	7 748 212 000	7 435 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,13 %	8,89 %	3,99 %	2,92 %
Debt-to-Equity Ratio	0,29	0,97	0,97	1,01
Operating Profit Margin	7,21 %	11,9 %	10,44 %	7,41 %
Current Ratio	0,59	1,08	2,54	2,64
Quick Ratio	0,86	2,93	−15,71	−21,72
Equity Ratio	0,41	0,38	0,46	0,46
Gross Profit Margin	66,88 %	72,09 %	73,86 %	73,32 %