QUALIPET AS

0854 OSLO

Finances

Share Ownership

Return on Equity

15,89 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 160 000	2 455 000	540 000	86 000
Net Income	48 000	113 000	60 000	−37 000
Total Assets	815 000	744 000	238 000	36 000
Total Equity	302 000	254 000	141 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 160 000	2 455 000	540 000	86 000
Expenditure	2 082 000	2 308 000	470 000	123 000
Operating Profit	78 000	147 000	70 000	−37 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	0	0
Financial Balance	−15 000	−12 000	0	0
Earnings Before Tax	63 000	135 000	70 000	−37 000
Tax	15 000	22 000	10 000	0
Net Income	48 000	113 000	60 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	72 000	0	0
Total Current Assets	761 000	673 000	238 000	36 000
Total Assets	815 000	744 000	238 000	36 000
Total Retained Equity	170 000	122 000	9 000	−51 000
Total Equity	302 000	254 000	141 000	33 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	513 000	490 000	97 000	3 000
Total Equity and Debt	815 000	744 000	238 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 160 000	2 416 000	540 000	86 000
Other Income	0	40 000	0	0
Revenue	2 160 000	2 455 000	540 000	86 000
Cost of Goods Sold	764 000	1 035 000	278 000	75 000
Salary Costs	0	0	0	0
Depreciation	12 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	2 082 000	2 308 000	470 000	123 000
Operating Profit	78 000	147 000	70 000	−37 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	0	0
Financial Balance	−15 000	−12 000	0	0
Dividends	0	0	0	0
Net Income	48 000	113 000	60 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	34 000	0	0
Total Tangible Assets	22 000	34 000	0	0
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	54 000	72 000	0	0
Stock	625 000	569 000	166 000	19 000
Total Investments	13 000	5 000	0	0
Cash, Bank	−74 000	57 000	49 000	17 000
Total Current Assets	761 000	673 000	238 000	36 000
Total Assets	815 000	744 000	238 000	36 000
Total Equity	302 000	254 000	141 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	61 000	9 000	0
Unpaid Taxes	46 000	52 000	24 000	3 000
Dividends	0	0	0	0
Other Current Debt	445 000	348 000	54 000	0
Total Current Debt	513 000	490 000	97 000	3 000
Total Equity and Debt	815 000	744 000	238 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,89 %	44,49 %	42,55 %	−112,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,61 %	5,99 %	12,96 %	−43,02 %
Current Ratio	1,48	1,37	2,45	12
Quick Ratio	−6,79	−8,52	−3,45	−2,25
Equity Ratio	0,37	0,34	0,59	0,92
Gross Profit Margin	64,63 %	57,84 %	48,52 %	12,79 %