QLOREM AS

1354 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

29,2 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	13 654 000	16 525 000	0
Net Income	1 360 000	2 126 000	−7 000
Total Assets	6 847 000	5 690 000	10 000
Total Equity	4 658 000	2 151 000	10 000

Income (NOK)	2022	2021	2020
Revenue	13 654 000	16 525 000	0
Expenditure	11 973 000	13 805 000	7 000
Operating Profit	1 681 000	2 720 000	−7 000
Financial Income	120 000	0	0
Financial Costs	64 000	0	0
Financial Balance	56 000	0	0
Earnings Before Tax	1 737 000	2 720 000	−7 000
Tax	377 000	594 000	0
Net Income	1 360 000	2 126 000	−7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 069 000	44 000	0
Total Current Assets	2 778 000	5 646 000	10 000
Total Assets	6 847 000	5 690 000	10 000
Total Retained Equity	1 572 000	2 119 000	−7 000
Total Equity	4 658 000	2 151 000	10 000
Total Long-Term Debt	0	23 000	0
Total Current Debt	2 188 000	3 516 000	0
Total Equity and Debt	6 847 000	5 690 000	10 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 654 000	16 525 000	0
Other Income	0	0	0
Revenue	13 654 000	16 525 000	0
Cost of Goods Sold	10 407 000	12 894 000	0
Salary Costs	785 000	787 000	0
Depreciation	136 000	7 000	0
Impairment	0	0	0
Expenditure	11 973 000	13 805 000	7 000
Operating Profit	1 681 000	2 720 000	−7 000
Financial Income	120 000	0	0
Financial Costs	64 000	0	0
Financial Balance	56 000	0	0
Dividends	0	0	0
Net Income	1 360 000	2 126 000	−7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	4 064 000	33 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	5 000	11 000	0
Total Fixed Assets	4 069 000	44 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	400 000	295 000	0
Total Current Assets	2 778 000	5 646 000	10 000
Total Assets	6 847 000	5 690 000	10 000
Total Equity	4 658 000	2 151 000	10 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	23 000	0
Creditors	1 588 000	2 231 000	0
Unpaid Taxes	37 000	446 000	0
Dividends	0	0	0
Other Current Debt	164 000	268 000	0
Total Current Debt	2 188 000	3 516 000	0
Total Equity and Debt	6 847 000	5 690 000	10 000

Financial indicators	2022	2021	2020
Return on Equity	29,2 %	98,84 %	−70 %
Debt-to-Equity Ratio	0	0,01	0
Operating Profit Margin	12,31 %	16,46 %	-
Current Ratio	1,27	1,61	-
Quick Ratio	1,27	1,61	-
Equity Ratio	0,68	0,38	1
Gross Profit Margin	23,78 %	21,97 %	-