QSHEBA AS

0172 OSLO

Finances

Return on Equity

−12,7 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	108 000	46 143 000	18 018 000	11 154 000
Net Income	1 425 000	−2 135 000	−10 712 000	−563 000
Total Assets	58 000	1 509 000	5 548 000	14 804 000
Total Equity	−11 223 000	−12 648 000	−10 638 000	−632 000

Income (NOK)	2021	2020	2019	2018
Revenue	108 000	46 143 000	18 018 000	11 154 000
Expenditure	−1 708 000	49 298 000	27 848 000	11 853 000
Operating Profit	1 816 000	−3 156 000	−9 830 000	−700 000
Financial Income	10 000	36 000	0	1 000
Financial Costs	400 000	262 000	709 000	22 000
Financial Balance	−390 000	−226 000	−709 000	−21 000
Earnings Before Tax	1 425 000	−3 381 000	−10 538 000	−721 000
Tax	0	−1 246 000	173 000	−158 000
Net Income	1 425 000	−2 135 000	−10 712 000	−563 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	250 000	2 298 000	6 240 000
Total Current Assets	58 000	1 259 000	3 250 000	8 564 000
Total Assets	58 000	1 509 000	5 548 000	14 804 000
Total Retained Equity	−27 449 000	−28 874 000	−11 373 000	−662 000
Total Equity	−11 223 000	−12 648 000	−10 638 000	−632 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 281 000	14 157 000	16 186 000	15 436 000
Total Equity and Debt	58 000	1 509 000	5 548 000	14 804 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	108 000	42 853 000	18 018 000	11 154 000
Other Income	0	3 290 000	0	0
Revenue	108 000	46 143 000	18 018 000	11 154 000
Cost of Goods Sold	−75 000	31 774 000	27 536 000	10 983 000
Salary Costs	0	3 143 000	0	11 000
Depreciation	220 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	−1 708 000	49 298 000	27 848 000	11 853 000
Operating Profit	1 816 000	−3 156 000	−9 830 000	−700 000
Financial Income	10 000	36 000	0	1 000
Financial Costs	400 000	262 000	709 000	22 000
Financial Balance	−390 000	−226 000	−709 000	−21 000
Dividends	0	0	0	0
Net Income	1 425 000	−2 135 000	−10 712 000	−563 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	208 000	69 000	242 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	18 000	23 000
Total Tangible Assets	0	12 000	18 000	23 000
Total Fiancial Fixed Assets	0	30 000	2 212 000	5 975 000
Total Fixed Assets	0	250 000	2 298 000	6 240 000
Stock	0	0	2 962 000	4 831 000
Total Investments	0	0	0	0
Cash, Bank	24 000	548 000	69 000	213 000
Total Current Assets	58 000	1 259 000	3 250 000	8 564 000
Total Assets	58 000	1 509 000	5 548 000	14 804 000
Total Equity	−11 223 000	−12 648 000	−10 638 000	−632 000
Short-Term Group Debt	7 940 000	3 094 000	15 663 000	0
Total Long-Term Debt	0	0	0	0
Creditors	447 000	1 252 000	168 000	947 000
Unpaid Taxes	2 447 000	7 415 000	136 000	54 000
Dividends	0	0	0	0
Other Current Debt	447 000	351 000	219 000	14 434 000
Total Current Debt	11 281 000	14 157 000	16 186 000	15 436 000
Total Equity and Debt	58 000	1 509 000	5 548 000	14 804 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−12,7 %	16,88 %	100,7 %	89,08 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	1 681,48 %	−6,84 %	−54,56 %	−6,28 %
Current Ratio	0,01	0,09	0,2	0,55
Quick Ratio	0,01	0,09	0,25	0,81
Equity Ratio	−193,5	−8,38	−1,92	−0,04
Gross Profit Margin	169,44 %	31,14 %	−52,82 %	1,53 %