Q HOLDING AS

7011 TRONDHEIM

Finances

Return on Equity

107,68 %

Current Ratio

0,3

Debt-to-Equity Ratio

−3,42

Key figures (NOK)	2021	2020	2019	2018
Revenue	−619 000	1 638 000	1 417 000	840 000
Net Income	−9 895 000	−890 000	581 000	−1 088 000
Total Assets	24 798 000	12 577 000	5 657 000	6 162 000
Total Equity	−9 189 000	706 000	−403 000	−985 000

Income (NOK)	2021	2020	2019	2018
Revenue	−619 000	1 638 000	1 417 000	840 000
Expenditure	6 613 000	2 985 000	787 000	1 867 000
Operating Profit	−7 233 000	−1 347 000	630 000	−1 026 000
Financial Income	9 065 000	1 132 000	0	71 000
Financial Costs	11 728 000	676 000	49 000	133 000
Financial Balance	−2 663 000	456 000	−49 000	−62 000
Earnings Before Tax	−9 895 000	−890 000	581 000	−1 088 000
Tax	0	0	0	0
Net Income	−9 895 000	−890 000	581 000	−1 088 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 049 000	10 560 000	5 021 000	5 025 000
Total Current Assets	749 000	2 017 000	636 000	1 137 000
Total Assets	24 798 000	12 577 000	5 657 000	6 162 000
Total Retained Equity	−11 290 000	−1 395 000	−505 000	−1 086 000
Total Equity	−9 189 000	706 000	−403 000	−985 000
Total Long-Term Debt	31 458 000	9 878 000	5 190 000	6 333 000
Total Current Debt	2 529 000	1 993 000	870 000	813 000
Total Equity and Debt	24 798 000	12 577 000	5 657 000	6 162 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	−619 000	1 472 000	1 417 000	840 000
Other Income	0	166 000	0	0
Revenue	−619 000	1 638 000	1 417 000	840 000
Cost of Goods Sold	0	0	232 000	392 000
Salary Costs	2 386 000	2 003 000	22 000	686 000
Depreciation	3 000	37 000	39 000	15 000
Impairment	0	0	0	0
Expenditure	6 613 000	2 985 000	787 000	1 867 000
Operating Profit	−7 233 000	−1 347 000	630 000	−1 026 000
Financial Income	9 065 000	1 132 000	0	71 000
Financial Costs	11 728 000	676 000	49 000	133 000
Financial Balance	−2 663 000	456 000	−49 000	−62 000
Dividends	0	0	0	0
Net Income	−9 895 000	−890 000	581 000	−1 088 000

Balance details (NOK)	2021	2020	2019	2018
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	3 000	41 000	80 000
Total Tangible Assets	0	3 000	41 000	80 000
Total Fiancial Fixed Assets	24 049 000	10 557 000	4 980 000	4 945 000
Total Fixed Assets	24 049 000	10 560 000	5 021 000	5 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	583 000	556 000	67 000	607 000
Total Current Assets	749 000	2 017 000	636 000	1 137 000
Total Assets	24 798 000	12 577 000	5 657 000	6 162 000
Total Equity	−9 189 000	706 000	−403 000	−985 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 458 000	9 878 000	5 190 000	6 333 000
Creditors	181 000	93 000	164 000	146 000
Unpaid Taxes	697 000	1 282 000	184 000	19 000
Dividends	0	0	0	0
Other Current Debt	1 651 000	564 000	208 000	191 000
Total Current Debt	2 529 000	1 993 000	870 000	813 000
Total Equity and Debt	24 798 000	12 577 000	5 657 000	6 162 000

Financial indicators	2021	2020	2019	2018
Return on Equity	107,68 %	−126,06 %	−144,17 %	110,46 %
Debt-to-Equity Ratio	−3,42	13,99	−12,88	−6,43
Operating Profit Margin	1 168,5 %	−82,23 %	44,46 %	−122,14 %
Current Ratio	0,3	1,01	0,73	1,4
Quick Ratio	0,3	1,01	0,73	1,4
Equity Ratio	−0,37	0,06	−0,07	−0,16
Gross Profit Margin	100 %	100 %	83,63 %	53,33 %