KVALITETSTID AS

0366 OSLO

Finances

Share Ownership

Return on Equity

4,28 %

Current Ratio

5,72

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 397 000	9 968 000	6 989 000	3 500 000
Net Income	149 000	134 000	126 000	−306 000
Total Assets	8 317 000	6 285 000	4 383 000	2 255 000
Total Equity	3 479 000	330 000	281 000	155 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 397 000	9 968 000	6 989 000	3 500 000
Expenditure	8 990 000	9 700 000	6 824 000	3 823 000
Operating Profit	406 000	269 000	164 000	−323 000
Financial Income	27 000	−3 000	34 000	18 000
Financial Costs	244 000	108 000	72 000	26 000
Financial Balance	−217 000	−111 000	−38 000	−8 000
Earnings Before Tax	190 000	158 000	126 000	−331 000
Tax	40 000	24 000	0	−24 000
Net Income	149 000	134 000	126 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	0	8 000	97 000
Total Current Assets	8 220 000	6 285 000	4 375 000	2 158 000
Total Assets	8 317 000	6 285 000	4 383 000	2 255 000
Total Retained Equity	447 000	298 000	249 000	123 000
Total Equity	3 479 000	330 000	281 000	155 000
Total Long-Term Debt	3 403 000	4 331 000	2 778 000	1 328 000
Total Current Debt	1 436 000	1 624 000	1 324 000	772 000
Total Equity and Debt	8 317 000	6 285 000	4 383 000	2 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 356 000	9 967 000	6 989 000	3 500 000
Other Income	40 000	0	0	0
Revenue	9 397 000	9 968 000	6 989 000	3 500 000
Cost of Goods Sold	2 476 000	4 894 000	3 598 000	2 321 000
Salary Costs	1 597 000	410 000	251 000	161 000
Depreciation	16 000	8 000	37 000	43 000
Impairment	0	0	0	0
Expenditure	8 990 000	9 700 000	6 824 000	3 823 000
Operating Profit	406 000	269 000	164 000	−323 000
Financial Income	27 000	−3 000	34 000	18 000
Financial Costs	244 000	108 000	72 000	26 000
Financial Balance	−217 000	−111 000	−38 000	−8 000
Dividends	0	0	0	0
Net Income	149 000	134 000	126 000	−306 000

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	87 000	0	8 000	45 000
Total Tangible Assets	87 000	0	8 000	45 000
Total Fiancial Fixed Assets	10 000	0	0	52 000
Total Fixed Assets	97 000	0	8 000	97 000
Stock	7 102 000	4 925 000	3 681 000	1 410 000
Total Investments	0	0	0	0
Cash, Bank	697 000	1 088 000	437 000	454 000
Total Current Assets	8 220 000	6 285 000	4 375 000	2 158 000
Total Assets	8 317 000	6 285 000	4 383 000	2 255 000
Total Equity	3 479 000	330 000	281 000	155 000
Short-Term Group Debt	146 000	259 000	148 000	145 000
Total Long-Term Debt	3 403 000	4 331 000	2 778 000	1 328 000
Creditors	438 000	307 000	187 000	216 000
Unpaid Taxes	468 000	614 000	270 000	140 000
Dividends	0	0	0	0
Other Current Debt	344 000	444 000	719 000	193 000
Total Current Debt	1 436 000	1 624 000	1 324 000	772 000
Total Equity and Debt	8 317 000	6 285 000	4 383 000	2 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,28 %	40,61 %	44,84 %	−197,42 %
Debt-to-Equity Ratio	0,98	13,12	9,89	8,57
Operating Profit Margin	4,32 %	2,7 %	2,35 %	−9,23 %
Current Ratio	5,72	3,87	3,3	2,8
Quick Ratio	−1,45	−1,9	−1,86	−3,38
Equity Ratio	0,42	0,05	0,06	0,07
Gross Profit Margin	73,65 %	50,9 %	48,52 %	33,69 %