MERETES QUILTELOFT AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

12,08 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 110 000	4 858 000	3 597 000	3 298 000
Net Income	221 000	166 000	1 039 000	−143 000
Total Assets	2 766 000	2 319 000	2 357 000	1 032 000
Total Equity	1 830 000	1 612 000	1 445 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 110 000	4 858 000	3 597 000	3 298 000
Expenditure	4 815 000	4 645 000	2 300 000	3 432 000
Operating Profit	295 000	213 000	1 297 000	−134 000
Financial Income	4 000	7 000	4 000	3 000
Financial Costs	11 000	4 000	7 000	10 000
Financial Balance	−7 000	3 000	−3 000	−7 000
Earnings Before Tax	289 000	216 000	1 294 000	−141 000
Tax	67 000	50 000	255 000	2 000
Net Income	221 000	166 000	1 039 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	115 000	164 000	113 000
Total Current Assets	2 694 000	2 203 000	2 194 000	919 000
Total Assets	2 766 000	2 319 000	2 357 000	1 032 000
Total Retained Equity	1 800 000	1 582 000	1 415 000	376 000
Total Equity	1 830 000	1 612 000	1 445 000	406 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	936 000	707 000	911 000	626 000
Total Equity and Debt	2 766 000	2 319 000	2 357 000	1 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 110 000	4 858 000	3 597 000	3 298 000
Other Income	0	0	0	0
Revenue	5 110 000	4 858 000	3 597 000	3 298 000
Cost of Goods Sold	3 135 000	3 229 000	1 289 000	2 136 000
Salary Costs	933 000	747 000	486 000	552 000
Depreciation	44 000	49 000	28 000	25 000
Impairment	0	0	0	0
Expenditure	4 815 000	4 645 000	2 300 000	3 432 000
Operating Profit	295 000	213 000	1 297 000	−134 000
Financial Income	4 000	7 000	4 000	3 000
Financial Costs	11 000	4 000	7 000	10 000
Financial Balance	−7 000	3 000	−3 000	−7 000
Dividends	0	0	0	0
Net Income	221 000	166 000	1 039 000	−143 000

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	71 000	115 000	164 000	113 000
Total Tangible Assets	71 000	115 000	164 000	113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	115 000	164 000	113 000
Stock	1 362 000	1 258 000	1 096 000	676 000
Total Investments	0	0	0	0
Cash, Bank	1 149 000	991 000	1 115 000	174 000
Total Current Assets	2 694 000	2 203 000	2 194 000	919 000
Total Assets	2 766 000	2 319 000	2 357 000	1 032 000
Total Equity	1 830 000	1 612 000	1 445 000	406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	211 000	143 000	107 000	151 000
Unpaid Taxes	319 000	141 000	153 000	78 000
Dividends	0	0	0	0
Other Current Debt	339 000	372 000	397 000	397 000
Total Current Debt	936 000	707 000	911 000	626 000
Total Equity and Debt	2 766 000	2 319 000	2 357 000	1 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,08 %	10,3 %	71,9 %	−35,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,77 %	4,38 %	36,06 %	−4,06 %
Current Ratio	2,88	3,12	2,41	1,47
Quick Ratio	−6,32	−4	−11,86	−18,38
Equity Ratio	0,66	0,7	0,61	0,39
Gross Profit Margin	38,65 %	33,53 %	64,16 %	35,23 %