QVIST-KORSMO AS

0366 OSLO

Finances

Share Ownership

Return on Equity

212,5 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 307 000	7 507 000	6 751 000	5 687 000
Net Income	221 000	525 000	596 000	226 000
Total Assets	1 181 000	1 365 000	1 399 000	842 000
Total Equity	104 000	703 000	178 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 307 000	7 507 000	6 751 000	5 687 000
Expenditure	8 040 000	6 840 000	5 991 000	5 408 000
Operating Profit	267 000	667 000	760 000	280 000
Financial Income	16 000	6 000	7 000	11 000
Financial Costs	0	0	3 000	2 000
Financial Balance	16 000	6 000	4 000	9 000
Earnings Before Tax	283 000	673 000	764 000	289 000
Tax	62 000	148 000	168 000	64 000
Net Income	221 000	525 000	596 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	201 000	201 000	202 000
Total Current Assets	979 000	1 164 000	1 197 000	639 000
Total Assets	1 181 000	1 365 000	1 399 000	842 000
Total Retained Equity	4 000	603 000	78 000	252 000
Total Equity	104 000	703 000	178 000	352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 078 000	662 000	1 221 000	490 000
Total Equity and Debt	1 181 000	1 365 000	1 399 000	842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 307 000	7 507 000	6 751 000	5 687 000
Other Income	0	0	0	0
Revenue	8 307 000	7 507 000	6 751 000	5 687 000
Cost of Goods Sold	4 217 000	3 685 000	3 327 000	2 772 000
Salary Costs	2 285 000	1 811 000	1 453 000	1 544 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 040 000	6 840 000	5 991 000	5 408 000
Operating Profit	267 000	667 000	760 000	280 000
Financial Income	16 000	6 000	7 000	11 000
Financial Costs	0	0	3 000	2 000
Financial Balance	16 000	6 000	4 000	9 000
Dividends	820 000	0	770 000	0
Net Income	221 000	525 000	596 000	226 000

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	202 000	201 000	201 000	202 000
Total Fixed Assets	202 000	201 000	201 000	202 000
Stock	93 000	72 000	72 000	69 000
Total Investments	0	0	0	0
Cash, Bank	812 000	1 040 000	1 079 000	532 000
Total Current Assets	979 000	1 164 000	1 197 000	639 000
Total Assets	1 181 000	1 365 000	1 399 000	842 000
Total Equity	104 000	703 000	178 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	396 000	203 000	198 000	166 000
Unpaid Taxes	226 000	166 000	143 000	129 000
Dividends	820 000	0	770 000	0
Other Current Debt	174 000	145 000	112 000	131 000
Total Current Debt	1 078 000	662 000	1 221 000	490 000
Total Equity and Debt	1 181 000	1 365 000	1 399 000	842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,5 %	74,68 %	334,83 %	64,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,21 %	8,89 %	11,26 %	4,92 %
Current Ratio	0,91	1,76	0,98	1,3
Quick Ratio	0,99	1,97	1,04	1,52
Equity Ratio	0,09	0,52	0,13	0,42
Gross Profit Margin	49,24 %	50,91 %	50,72 %	51,26 %