IQBAL QUALMED AS

0986 OSLO

Finances

Share Ownership

Return on Equity

95,24 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 043 000	237 000	259 000	4 000
Net Income	240 000	65 000	82 000	−19 000
Total Assets	652 000	277 000	189 000	88 000
Total Equity	252 000	220 000	154 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 043 000	237 000	259 000	4 000
Expenditure	736 000	153 000	178 000	23 000
Operating Profit	307 000	83 000	81 000	−19 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	308 000	84 000	82 000	−19 000
Tax	68 000	18 000	0	0
Net Income	240 000	65 000	82 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	652 000	277 000	189 000	88 000
Total Assets	652 000	277 000	189 000	88 000
Total Retained Equity	227 000	197 000	131 000	64 000
Total Equity	252 000	220 000	154 000	87 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	400 000	57 000	34 000	1 000
Total Equity and Debt	652 000	277 000	189 000	88 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 043 000	237 000	259 000	4 000
Other Income	0	0	0	0
Revenue	1 043 000	237 000	259 000	4 000
Cost of Goods Sold	526 000	137 000	145 000	8 000
Salary Costs	158 000	1 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	736 000	153 000	178 000	23 000
Operating Profit	307 000	83 000	81 000	−19 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	200 000	0	0	0
Net Income	240 000	65 000	82 000	−19 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	39 000
Total Investments	0	0	0	0
Cash, Bank	652 000	201 000	189 000	49 000
Total Current Assets	652 000	277 000	189 000	88 000
Total Assets	652 000	277 000	189 000	88 000
Total Equity	252 000	220 000	154 000	87 000
Short-Term Group Debt	10 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	77 000	14 000	0	1 000
Dividends	200 000	0	0	0
Other Current Debt	48 000	25 000	20 000	0
Total Current Debt	400 000	57 000	34 000	1 000
Total Equity and Debt	652 000	277 000	189 000	88 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,24 %	29,55 %	53,25 %	−21,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,43 %	35,02 %	31,27 %	−475 %
Current Ratio	1,63	4,86	5,56	88
Quick Ratio	1,63	4,86	5,56	−2,32
Equity Ratio	0,39	0,79	0,81	0,99
Gross Profit Margin	49,57 %	42,19 %	44,02 %	−100 %