QVINGRA AS

7024 TRONDHEIM

Finances

Return on Equity

−118,54 %

Current Ratio

13,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	674 000	2 549 000	1 955 000
Net Income	−179 000	−166 000	111 000	375 000
Total Assets	161 000	355 000	1 004 000	1 043 000
Total Equity	151 000	329 000	495 000	384 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	674 000	2 549 000	1 955 000
Expenditure	90 000	887 000	2 405 000	1 474 000
Operating Profit	−90 000	−213 000	143 000	481 000
Financial Income	19 000	1 000	0	0
Financial Costs	61 000	0	1 000	0
Financial Balance	−42 000	1 000	−1 000	0
Earnings Before Tax	−132 000	−212 000	143 000	481 000
Tax	47 000	−47 000	32 000	106 000
Net Income	−179 000	−166 000	111 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	75 000	29 000	29 000
Total Current Assets	132 000	279 000	975 000	1 014 000
Total Assets	161 000	355 000	1 004 000	1 043 000
Total Retained Equity	121 000	299 000	465 000	354 000
Total Equity	151 000	329 000	495 000	384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 000	25 000	509 000	658 000
Total Equity and Debt	161 000	355 000	1 004 000	1 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	674 000	2 549 000	1 955 000
Other Income	0	0	0	0
Revenue	0	674 000	2 549 000	1 955 000
Cost of Goods Sold	0	0	0	0
Salary Costs	55 000	721 000	1 795 000	996 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	90 000	887 000	2 405 000	1 474 000
Operating Profit	−90 000	−213 000	143 000	481 000
Financial Income	19 000	1 000	0	0
Financial Costs	61 000	0	1 000	0
Financial Balance	−42 000	1 000	−1 000	0
Dividends	0	0	0	0
Net Income	−179 000	−166 000	111 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	47 000	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	29 000	29 000	29 000	29 000
Total Fixed Assets	29 000	75 000	29 000	29 000
Stock	0	0	0	0
Total Investments	84 000	93 000	0	0
Cash, Bank	48 000	181 000	526 000	688 000
Total Current Assets	132 000	279 000	975 000	1 014 000
Total Assets	161 000	355 000	1 004 000	1 043 000
Total Equity	151 000	329 000	495 000	384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	10 000	11 000	0
Unpaid Taxes	7 000	15 000	283 000	462 000
Dividends	0	0	0	0
Other Current Debt	0	0	183 000	91 000
Total Current Debt	10 000	25 000	509 000	658 000
Total Equity and Debt	161 000	355 000	1 004 000	1 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−118,54 %	−50,46 %	22,42 %	97,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−31,6 %	5,61 %	24,6 %
Current Ratio	13,2	11,16	1,92	1,54
Quick Ratio	13,2	11,16	1,92	1,54
Equity Ratio	0,94	0,93	0,49	0,37
Gross Profit Margin	-	100 %	100 %	100 %