QUALITY ACCOUNTING AS

1453 BJØRNEMYR

Finances

Return on Equity

101,75 %

Current Ratio

0,85

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 895 000	3 993 000	3 582 000	2 010 000
Net Income	1 106 000	859 000	120 000	131 000
Total Assets	4 285 000	3 941 000	4 564 000	588 000
Total Equity	1 087 000	480 000	121 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 895 000	3 993 000	3 582 000	2 010 000
Expenditure	4 339 000	3 365 000	3 428 000	1 841 000
Operating Profit	556 000	629 000	154 000	168 000
Financial Income	796 000	416 000	0	0
Financial Costs	2 000	0	0	0
Financial Balance	794 000	416 000	0	0
Earnings Before Tax	1 351 000	1 045 000	154 000	168 000
Tax	245 000	186 000	34 000	37 000
Net Income	1 106 000	859 000	120 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 333 000	2 327 000	3 600 000	4 000
Total Current Assets	1 952 000	1 614 000	964 000	584 000
Total Assets	4 285 000	3 941 000	4 564 000	588 000
Total Retained Equity	1 057 000	450 000	91 000	1 000
Total Equity	1 087 000	480 000	121 000	31 000
Total Long-Term Debt	902 000	1 402 000	1 400 000	0
Total Current Debt	2 296 000	2 059 000	3 044 000	558 000
Total Equity and Debt	4 285 000	3 941 000	4 564 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 895 000	3 993 000	3 582 000	2 010 000
Other Income	0	0	0	0
Revenue	4 895 000	3 993 000	3 582 000	2 010 000
Cost of Goods Sold	125 000	124 000	5 000	0
Salary Costs	3 399 000	2 789 000	3 093 000	1 601 000
Depreciation	31 000	18 000	0	0
Impairment	0	0	0	0
Expenditure	4 339 000	3 365 000	3 428 000	1 841 000
Operating Profit	556 000	629 000	154 000	168 000
Financial Income	796 000	416 000	0	0
Financial Costs	2 000	0	0	0
Financial Balance	794 000	416 000	0	0
Dividends	500 000	500 000	30 000	131 000
Net Income	1 106 000	859 000	120 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	71 000	0	0
Total Tangible Assets	77 000	71 000	0	0
Total Fiancial Fixed Assets	2 256 000	2 256 000	3 600 000	0
Total Fixed Assets	2 333 000	2 327 000	3 600 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	467 000	438 000	305 000
Total Current Assets	1 952 000	1 614 000	964 000	584 000
Total Assets	4 285 000	3 941 000	4 564 000	588 000
Total Equity	1 087 000	480 000	121 000	31 000
Short-Term Group Debt	54 000	250 000	1 200 000	0
Total Long-Term Debt	902 000	1 402 000	1 400 000	0
Creditors	118 000	138 000	17 000	1 000
Unpaid Taxes	485 000	308 000	436 000	216 000
Dividends	500 000	500 000	30 000	131 000
Other Current Debt	894 000	679 000	1 331 000	167 000
Total Current Debt	2 296 000	2 059 000	3 044 000	558 000
Total Equity and Debt	4 285 000	3 941 000	4 564 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,75 %	178,96 %	99,17 %	422,58 %
Debt-to-Equity Ratio	0,83	2,92	11,57	0
Operating Profit Margin	11,36 %	15,75 %	4,3 %	8,36 %
Current Ratio	0,85	0,78	0,32	1,05
Quick Ratio	0,85	0,78	0,32	1,05
Equity Ratio	0,25	0,12	0,03	0,05
Gross Profit Margin	97,45 %	96,89 %	99,86 %	100 %