QUANTAFUEL AS

0283 OSLO

Finances

Return on Equity

−35,65 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	−47 948 000	9 115 000	8 387 000	497 000
Net Income	−384 439 000	−3 883 000	−502 313 000	−100 400 000
Total Assets	1 481 610 000	1 500 171 000	1 497 046 000	597 073 000
Total Equity	1 078 467 000	1 068 479 000	653 987 000	278 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	−47 948 000	9 115 000	8 387 000	497 000
Expenditure	349 013 000	196 000 000	136 101 000	52 601 000
Operating Profit	−396 961 000	−186 885 000	−127 714 000	−52 104 000
Financial Income	33 737 000	1 012 000	624 000	675 000
Financial Costs	14 506 000	−192 391 000	343 521 000	18 047 000
Financial Balance	19 231 000	193 403 000	−342 897 000	−17 372 000
Earnings Before Tax	−377 730 000	6 518 000	−470 611 000	−69 476 000
Tax	6 709 000	10 401 000	31 702 000	30 924 000
Net Income	−384 439 000	−3 883 000	−502 313 000	−100 400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 309 375 000	1 151 653 000	788 129 000	429 839 000
Total Current Assets	172 235 000	348 518 000	708 917 000	167 234 000
Total Assets	1 481 610 000	1 500 171 000	1 497 046 000	597 073 000
Total Retained Equity	−1 241 298 000	−839 494 000	−720 867 000	−219 896 000
Total Equity	1 078 467 000	1 068 479 000	653 987 000	278 090 000
Total Long-Term Debt	298 828 000	303 711 000	705 712 000	223 258 000
Total Current Debt	104 315 000	127 981 000	137 347 000	95 725 000
Total Equity and Debt	1 481 610 000	1 500 171 000	1 497 046 000	597 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 444 000	5 161 000	8 387 000	497 000
Other Income	−101 392 000	3 954 000	0	0
Revenue	−47 948 000	9 115 000	8 387 000	497 000
Cost of Goods Sold	92 504 000	55 854 000	14 805 000	862 000
Salary Costs	114 612 000	67 133 000	84 052 000	28 965 000
Depreciation	54 152 000	20 061 000	8 891 000	3 352 000
Impairment	0	0	0	0
Expenditure	349 013 000	196 000 000	136 101 000	52 601 000
Operating Profit	−396 961 000	−186 885 000	−127 714 000	−52 104 000
Financial Income	33 737 000	1 012 000	624 000	675 000
Financial Costs	14 506 000	−192 391 000	343 521 000	18 047 000
Financial Balance	19 231 000	193 403 000	−342 897 000	−17 372 000
Dividends	0	0	0	0
Net Income	−384 439 000	−3 883 000	−502 313 000	−100 400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	54 085 000	54 085 000	54 085 000	0
Total Intangible Assets	522 308 000	372 867 000	169 355 000	67 859 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	564 728 000	771 134 000	610 919 000	358 748 000
Fixtures	0	0	0	0
Total Tangible Assets	564 728 000	771 134 000	610 919 000	358 748 000
Total Fiancial Fixed Assets	222 339 000	7 652 000	7 855 000	3 232 000
Total Fixed Assets	1 309 375 000	1 151 653 000	788 129 000	429 839 000
Stock	14 873 000	5 783 000	3 217 000	0
Total Investments	0	0	0	0
Cash, Bank	121 667 000	284 902 000	692 223 000	150 666 000
Total Current Assets	172 235 000	348 518 000	708 917 000	167 234 000
Total Assets	1 481 610 000	1 500 171 000	1 497 046 000	597 073 000
Total Equity	1 078 467 000	1 068 479 000	653 987 000	278 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	298 828 000	303 711 000	705 712 000	223 258 000
Creditors	29 050 000	44 442 000	53 938 000	59 481 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 880 000	65 241 000	77 218 000	35 198 000
Total Current Debt	104 315 000	127 981 000	137 347 000	95 725 000
Total Equity and Debt	1 481 610 000	1 500 171 000	1 497 046 000	597 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,65 %	−0,36 %	−76,81 %	−36,1 %
Debt-to-Equity Ratio	0,28	0,28	1,08	0,8
Operating Profit Margin	827,9 %	−2 050,3 %	−1 522,76 %	−10 483,7 %
Current Ratio	1,65	2,72	5,16	1,75
Quick Ratio	1,93	2,85	5,29	1,75
Equity Ratio	0,73	0,71	0,44	0,47
Gross Profit Margin	292,93 %	−512,77 %	−76,52 %	−73,44 %