QTIME AS

0484 OSLO

Finances

Share Ownership

Return on Equity

16,98 %

Current Ratio

3,19

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 345 000	811 000	269 000
Net Income	134 000	292 000	175 000	−206 000
Total Assets	1 523 000	844 000	507 000	180 000
Total Equity	789 000	451 000	159 000	−116 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 345 000	811 000	269 000
Expenditure	1 324 000	1 031 000	621 000	470 000
Operating Profit	156 000	314 000	190 000	−200 000
Financial Income	1 000	0	1 000	0
Financial Costs	18 000	23 000	15 000	6 000
Financial Balance	−17 000	−23 000	−14 000	−6 000
Earnings Before Tax	138 000	292 000	175 000	−206 000
Tax	4 000	0	0	0
Net Income	134 000	292 000	175 000	−206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	16 000	25 000
Total Current Assets	1 523 000	836 000	490 000	155 000
Total Assets	1 523 000	844 000	507 000	180 000
Total Retained Equity	111 000	−24 000	−315 000	−491 000
Total Equity	789 000	451 000	159 000	−116 000
Total Long-Term Debt	256 000	256 000	256 000	256 000
Total Current Debt	478 000	138 000	92 000	40 000
Total Equity and Debt	1 523 000	844 000	507 000	180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 480 000	845 000	280 000	269 000
Other Income	0	500 000	532 000	0
Revenue	1 480 000	1 345 000	811 000	269 000
Cost of Goods Sold	144 000	390 000	6 000	79 000
Salary Costs	299 000	0	2 000	0
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	1 324 000	1 031 000	621 000	470 000
Operating Profit	156 000	314 000	190 000	−200 000
Financial Income	1 000	0	1 000	0
Financial Costs	18 000	23 000	15 000	6 000
Financial Balance	−17 000	−23 000	−14 000	−6 000
Dividends	0	0	0	0
Net Income	134 000	292 000	175 000	−206 000

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	8 000	16 000	25 000
Total Tangible Assets	0	8 000	16 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 000	16 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 265 000	730 000	451 000	130 000
Total Current Assets	1 523 000	836 000	490 000	155 000
Total Assets	1 523 000	844 000	507 000	180 000
Total Equity	789 000	451 000	159 000	−116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	256 000	256 000	256 000	256 000
Creditors	267 000	34 000	5 000	−16 000
Unpaid Taxes	79 000	37 000	8 000	1 000
Dividends	0	0	0	0
Other Current Debt	128 000	66 000	79 000	56 000
Total Current Debt	478 000	138 000	92 000	40 000
Total Equity and Debt	1 523 000	844 000	507 000	180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,98 %	64,75 %	110,06 %	177,59 %
Debt-to-Equity Ratio	0,32	0,57	1,61	−2,21
Operating Profit Margin	10,54 %	23,35 %	23,43 %	−74,35 %
Current Ratio	3,19	6,06	5,33	3,88
Quick Ratio	3,19	6,06	5,33	3,88
Equity Ratio	0,52	0,53	0,31	−0,64
Gross Profit Margin	90,27 %	71 %	99,26 %	70,63 %