QTSUPPORT AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

39,77 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 548 000	1 560 000	718 000	995 000
Net Income	305 000	445 000	58 000	21 000
Total Assets	1 445 000	1 616 000	594 000	683 000
Total Equity	767 000	561 000	280 000	222 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 548 000	1 560 000	718 000	995 000
Expenditure	1 153 000	1 013 000	628 000	954 000
Operating Profit	396 000	548 000	89 000	41 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	2 000	2 000	4 000
Financial Balance	−5 000	−2 000	−1 000	−3 000
Earnings Before Tax	391 000	545 000	88 000	38 000
Tax	86 000	100 000	29 000	17 000
Net Income	305 000	445 000	58 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	471 000	541 000	12 000	84 000
Total Current Assets	974 000	1 075 000	582 000	599 000
Total Assets	1 445 000	1 616 000	594 000	683 000
Total Retained Equity	737 000	531 000	250 000	192 000
Total Equity	767 000	561 000	280 000	222 000
Total Long-Term Debt	264 000	323 000	19 000	92 000
Total Current Debt	414 000	732 000	295 000	369 000
Total Equity and Debt	1 445 000	1 616 000	594 000	683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 548 000	1 414 000	718 000	995 000
Other Income	0	146 000	0	0
Revenue	1 548 000	1 560 000	718 000	995 000
Cost of Goods Sold	26 000	26 000	26 000	24 000
Salary Costs	932 000	785 000	405 000	695 000
Depreciation	70 000	30 000	72 000	77 000
Impairment	0	0	0	0
Expenditure	1 153 000	1 013 000	628 000	954 000
Operating Profit	396 000	548 000	89 000	41 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	2 000	2 000	4 000
Financial Balance	−5 000	−2 000	−1 000	−3 000
Dividends	99 000	165 000	0	0
Net Income	305 000	445 000	58 000	21 000

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	471 000	541 000	12 000	84 000
Total Tangible Assets	471 000	541 000	12 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	471 000	541 000	12 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	801 000	878 000	455 000	547 000
Total Current Assets	974 000	1 075 000	582 000	599 000
Total Assets	1 445 000	1 616 000	594 000	683 000
Total Equity	767 000	561 000	280 000	222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 000	323 000	19 000	92 000
Creditors	6 000	11 000	30 000	11 000
Unpaid Taxes	134 000	406 000	197 000	272 000
Dividends	99 000	165 000	0	0
Other Current Debt	92 000	78 000	38 000	69 000
Total Current Debt	414 000	732 000	295 000	369 000
Total Equity and Debt	1 445 000	1 616 000	594 000	683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,77 %	79,32 %	20,71 %	9,46 %
Debt-to-Equity Ratio	0,34	0,58	0,07	0,41
Operating Profit Margin	25,58 %	35,13 %	12,4 %	4,12 %
Current Ratio	2,35	1,47	1,97	1,62
Quick Ratio	2,35	1,47	1,97	1,62
Equity Ratio	0,53	0,35	0,47	0,33
Gross Profit Margin	98,32 %	98,33 %	96,38 %	97,59 %