QUALITY CAR AS

8540 BALLANGEN

Finances

Share Ownership

Return on Equity

1,45 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 013 000	11 813 000	5 881 000	3 543 000
Net Income	11 000	585 000	66 000	110 000
Total Assets	2 081 000	2 190 000	1 036 000	525 000
Total Equity	760 000	750 000	164 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 013 000	11 813 000	5 881 000	3 543 000
Expenditure	9 010 000	11 045 000	5 770 000	3 390 000
Operating Profit	3 000	769 000	111 000	153 000
Financial Income	13 000	3 000	1 000	0
Financial Costs	2 000	24 000	34 000	15 000
Financial Balance	11 000	−21 000	−33 000	−15 000
Earnings Before Tax	14 000	748 000	79 000	138 000
Tax	3 000	162 000	13 000	28 000
Net Income	11 000	585 000	66 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 081 000	2 190 000	1 036 000	525 000
Total Assets	2 081 000	2 190 000	1 036 000	525 000
Total Retained Equity	730 000	720 000	134 000	68 000
Total Equity	760 000	750 000	164 000	98 000
Total Long-Term Debt	0	0	760 000	0
Total Current Debt	1 321 000	1 440 000	113 000	427 000
Total Equity and Debt	2 081 000	2 190 000	1 036 000	525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 948 000	11 813 000	5 794 000	3 543 000
Other Income	66 000	0	87 000	0
Revenue	9 013 000	11 813 000	5 881 000	3 543 000
Cost of Goods Sold	8 224 000	10 717 000	5 428 000	3 166 000
Salary Costs	411 000	0	1 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 010 000	11 045 000	5 770 000	3 390 000
Operating Profit	3 000	769 000	111 000	153 000
Financial Income	13 000	3 000	1 000	0
Financial Costs	2 000	24 000	34 000	15 000
Financial Balance	11 000	−21 000	−33 000	−15 000
Dividends	0	0	0	0
Net Income	11 000	585 000	66 000	110 000

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	1 491 000	1 462 000	815 000	525 000
Total Investments	0	0	0	0
Cash, Bank	519 000	618 000	180 000	0
Total Current Assets	2 081 000	2 190 000	1 036 000	525 000
Total Assets	2 081 000	2 190 000	1 036 000	525 000
Total Equity	760 000	750 000	164 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	760 000	0
Creditors	1 008 000	587 000	4 000	146 000
Unpaid Taxes	39 000	92 000	1 000	24 000
Dividends	0	0	0	0
Other Current Debt	270 000	599 000	94 000	156 000
Total Current Debt	1 321 000	1 440 000	113 000	427 000
Total Equity and Debt	2 081 000	2 190 000	1 036 000	525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,45 %	78 %	40,24 %	112,24 %
Debt-to-Equity Ratio	0	0	4,63	0
Operating Profit Margin	0,03 %	6,51 %	1,89 %	4,32 %
Current Ratio	1,58	1,52	9,17	1,23
Quick Ratio	−12,24	−99,55	−1,48	−5,36
Equity Ratio	0,37	0,34	0,16	0,19
Gross Profit Margin	8,75 %	9,28 %	7,7 %	10,64 %