QM ENGINEERING AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

35,26 %

Current Ratio

5,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	687 000	559 000	1 023 000
Net Income	55 000	4 000	180 000	−69 000
Total Assets	193 000	306 000	294 000	251 000
Total Equity	156 000	216 000	212 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	687 000	559 000	1 023 000
Expenditure	34 000	683 000	336 000	1 092 000
Operating Profit	69 000	5 000	223 000	−69 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	0	12 000	1 000
Financial Balance	2 000	0	−11 000	0
Earnings Before Tax	70 000	5 000	212 000	−69 000
Tax	15 000	1 000	31 000	0
Net Income	55 000	4 000	180 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	193 000	306 000	294 000	251 000
Total Assets	193 000	306 000	294 000	251 000
Total Retained Equity	56 000	116 000	112 000	−68 000
Total Equity	156 000	216 000	212 000	32 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	90 000	82 000	219 000
Total Equity and Debt	193 000	306 000	294 000	251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 000	687 000	559 000	1 023 000
Other Income	0	0	0	0
Revenue	102 000	687 000	559 000	1 023 000
Cost of Goods Sold	0	5 000	0	0
Salary Costs	12 000	624 000	286 000	982 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	34 000	683 000	336 000	1 092 000
Operating Profit	69 000	5 000	223 000	−69 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	0	12 000	1 000
Financial Balance	2 000	0	−11 000	0
Dividends	115 000	0	0	0
Net Income	55 000	4 000	180 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	192 000	302 000	294 000	126 000
Total Current Assets	193 000	306 000	294 000	251 000
Total Assets	193 000	306 000	294 000	251 000
Total Equity	156 000	216 000	212 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	2 000	4 000
Unpaid Taxes	5 000	21 000	10 000	48 000
Dividends	115 000	0	0	0
Other Current Debt	16 000	67 000	38 000	167 000
Total Current Debt	37 000	90 000	82 000	219 000
Total Equity and Debt	193 000	306 000	294 000	251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,26 %	1,85 %	84,91 %	−215,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	67,65 %	0,73 %	39,89 %	−6,74 %
Current Ratio	5,22	3,4	3,59	1,15
Quick Ratio	5,22	3,4	3,59	1,15
Equity Ratio	0,81	0,71	0,72	0,13
Gross Profit Margin	100 %	99,27 %	100 %	100 %