QSUB AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

67,41 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 729 000	1 407 000	1 578 000	1 034 000
Net Income	573 000	215 000	524 000	286 000
Total Assets	1 232 000	1 021 000	1 769 000	1 180 000
Total Equity	850 000	477 000	462 000	538 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 729 000	1 407 000	1 578 000	1 034 000
Expenditure	968 000	1 116 000	910 000	748 000
Operating Profit	761 000	291 000	667 000	286 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	0	0
Earnings Before Tax	764 000	292 000	667 000	286 000
Tax	191 000	77 000	143 000	0
Net Income	573 000	215 000	524 000	286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	487 000	746 000	561 000	597 000
Total Current Assets	744 000	275 000	1 209 000	583 000
Total Assets	1 232 000	1 021 000	1 769 000	1 180 000
Total Retained Equity	820 000	456 000	441 000	−83 000
Total Equity	850 000	477 000	462 000	538 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	382 000	545 000	1 307 000	643 000
Total Equity and Debt	1 232 000	1 021 000	1 769 000	1 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 729 000	1 407 000	1 578 000	906 000
Other Income	0	0	0	128 000
Revenue	1 729 000	1 407 000	1 578 000	1 034 000
Cost of Goods Sold	51 000	77 000	0	0
Salary Costs	0	0	0	0
Depreciation	406 000	376 000	317 000	121 000
Impairment	0	0	0	0
Expenditure	968 000	1 116 000	910 000	748 000
Operating Profit	761 000	291 000	667 000	286 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	0	0
Dividends	200 000	200 000	0	0
Net Income	573 000	215 000	524 000	286 000

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	487 000	746 000	561 000	597 000
Total Tangible Assets	487 000	746 000	561 000	597 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	487 000	746 000	561 000	597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	744 000	124 000	1 097 000	470 000
Total Current Assets	744 000	275 000	1 209 000	583 000
Total Assets	1 232 000	1 021 000	1 769 000	1 180 000
Total Equity	850 000	477 000	462 000	538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	343 000	515 000	415 000
Unpaid Taxes	−14 000	−76 000	−97 000	−85 000
Dividends	200 000	200 000	0	0
Other Current Debt	0	0	746 000	312 000
Total Current Debt	382 000	545 000	1 307 000	643 000
Total Equity and Debt	1 232 000	1 021 000	1 769 000	1 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,41 %	45,07 %	113,42 %	53,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,01 %	20,68 %	42,27 %	27,66 %
Current Ratio	1,95	0,5	0,93	0,91
Quick Ratio	1,95	0,5	0,93	0,91
Equity Ratio	0,69	0,47	0,26	0,46
Gross Profit Margin	97,05 %	94,53 %	100 %	100 %