QICRAFT GROUP AS

0783 OSLO

Finances

Return on Equity

52,06 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 012 000	345 471 000	345 575 000	364 568 000
Net Income	44 202 000	36 594 000	20 264 000	15 741 000
Total Assets	206 741 000	216 940 000	193 324 000	190 147 000
Total Equity	84 898 000	89 040 000	104 917 000	117 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 012 000	345 471 000	345 575 000	364 568 000
Expenditure	345 904 000	299 321 000	319 283 000	343 439 000
Operating Profit	52 107 000	46 149 000	26 292 000	21 129 000
Financial Income	4 909 000	2 777 000	3 545 000	4 626 000
Financial Costs	3 192 000	2 302 000	1 856 000	2 691 000
Financial Balance	1 717 000	475 000	1 689 000	1 935 000
Earnings Before Tax	53 824 000	46 624 000	27 980 000	23 063 000
Tax	9 622 000	10 030 000	7 717 000	7 322 000
Net Income	44 202 000	36 594 000	20 264 000	15 741 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 373 000	27 576 000	25 830 000	30 981 000
Total Current Assets	172 369 000	189 363 000	167 494 000	159 166 000
Total Assets	206 741 000	216 940 000	193 324 000	190 147 000
Total Retained Equity	24 050 000	27 401 000	42 644 000	56 269 000
Total Equity	84 898 000	89 040 000	104 917 000	117 115 000
Total Long-Term Debt	4 960 000	5 313 000	4 264 000	8 228 000
Total Current Debt	116 884 000	122 587 000	84 144 000	64 803 000
Total Equity and Debt	206 741 000	216 940 000	193 324 000	190 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	384 618 000	338 319 000	337 562 000	363 821 000
Other Income	13 393 000	7 151 000	8 013 000	746 000
Revenue	398 012 000	345 471 000	345 575 000	364 568 000
Cost of Goods Sold	217 137 000	177 968 000	199 712 000	216 420 000
Salary Costs	68 867 000	73 859 000	69 712 000	69 171 000
Depreciation	2 444 000	4 402 000	4 614 000	4 474 000
Impairment	1 755 000	0	1 300 000	5 000
Expenditure	345 904 000	299 321 000	319 283 000	343 439 000
Operating Profit	52 107 000	46 149 000	26 292 000	21 129 000
Financial Income	4 909 000	2 777 000	3 545 000	4 626 000
Financial Costs	3 192 000	2 302 000	1 856 000	2 691 000
Financial Balance	1 717 000	475 000	1 689 000	1 935 000
Dividends	40 000 000	40 000 000	34 000 000	0
Net Income	44 202 000	36 594 000	20 264 000	15 741 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	4 012 000	5 940 000	7 823 000
Total Intangible Assets	0	4 549 000	5 940 000	7 823 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	627 000	1 111 000	1 965 000	1 010 000
Fixtures	13 602 000	5 290 000	5 455 000	6 892 000
Total Tangible Assets	14 230 000	6 400 000	7 421 000	7 902 000
Total Fiancial Fixed Assets	20 143 000	16 627 000	12 469 000	15 257 000
Total Fixed Assets	34 373 000	27 576 000	25 830 000	30 981 000
Stock	33 890 000	40 507 000	23 435 000	39 229 000
Total Investments	0	0	0	0
Cash, Bank	37 620 000	56 445 000	57 674 000	51 680 000
Total Current Assets	172 369 000	189 363 000	167 494 000	159 166 000
Total Assets	206 741 000	216 940 000	193 324 000	190 147 000
Total Equity	84 898 000	89 040 000	104 917 000	117 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 960 000	5 313 000	4 264 000	8 228 000
Creditors	22 873 000	35 595 000	15 712 000	16 419 000
Unpaid Taxes	9 678 000	8 577 000	11 456 000	13 176 000
Dividends	40 000 000	40 000 000	34 000 000	0
Other Current Debt	46 242 000	42 566 000	40 182 000	30 500 000
Total Current Debt	116 884 000	122 587 000	84 144 000	64 803 000
Total Equity and Debt	206 741 000	216 940 000	193 324 000	190 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,06 %	41,1 %	19,31 %	13,44 %
Debt-to-Equity Ratio	0,06	0,06	0,04	0,07
Operating Profit Margin	13,09 %	13,36 %	7,61 %	5,8 %
Current Ratio	1,47	1,54	1,99	2,46
Quick Ratio	2,08	2,31	2,76	6,22
Equity Ratio	0,41	0,41	0,54	0,62
Gross Profit Margin	45,44 %	48,49 %	42,21 %	40,64 %