OQ HOLDING AS

2320 FURNES

Finances

Return on Equity

24,19 %

Current Ratio

1,48

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	376 369 000	302 036 000	219 838 000	186 215 000
Net Income	21 076 000	17 313 000	14 101 000	15 301 000
Total Assets	361 236 000	298 615 000	230 256 000	166 747 000
Total Equity	87 125 000	73 427 000	62 044 000	52 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	376 369 000	302 036 000	219 838 000	186 215 000
Expenditure	341 731 000	274 555 000	198 757 000	164 392 000
Operating Profit	34 637 000	27 482 000	21 081 000	21 824 000
Financial Income	431 000	141 000	208 000	219 000
Financial Costs	6 731 000	4 289 000	2 252 000	1 838 000
Financial Balance	−6 300 000	−4 148 000	−2 044 000	−1 619 000
Earnings Before Tax	28 338 000	23 334 000	19 037 000	20 204 000
Tax	7 262 000	6 021 000	4 937 000	4 904 000
Net Income	21 076 000	17 313 000	14 101 000	15 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	262 455 000	226 781 000	165 619 000	106 079 000
Total Current Assets	98 782 000	71 833 000	64 637 000	60 668 000
Total Assets	361 236 000	298 615 000	230 256 000	166 747 000
Total Retained Equity	67 034 000	53 335 000	41 952 000	32 852 000
Total Equity	87 125 000	73 427 000	62 044 000	52 944 000
Total Long-Term Debt	207 292 000	173 382 000	125 487 000	81 773 000
Total Current Debt	66 819 000	51 805 000	42 725 000	32 030 000
Total Equity and Debt	361 236 000	298 615 000	230 256 000	166 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	367 665 000	298 194 000	211 703 000	183 253 000
Other Income	8 704 000	3 842 000	8 134 000	2 961 000
Revenue	376 369 000	302 036 000	219 838 000	186 215 000
Cost of Goods Sold	39 067 000	39 192 000	28 592 000	23 928 000
Salary Costs	153 689 000	126 592 000	92 382 000	74 376 000
Depreciation	38 599 000	32 322 000	24 613 000	20 770 000
Impairment	0	0	0	0
Expenditure	341 731 000	274 555 000	198 757 000	164 392 000
Operating Profit	34 637 000	27 482 000	21 081 000	21 824 000
Financial Income	431 000	141 000	208 000	219 000
Financial Costs	6 731 000	4 289 000	2 252 000	1 838 000
Financial Balance	−6 300 000	−4 148 000	−2 044 000	−1 619 000
Dividends	0	0	0	0
Net Income	21 076 000	17 313 000	14 101 000	15 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	17 191 000	20 252 000	13 503 000	9 151 000
Total Intangible Assets	17 191 000	20 252 000	13 503 000	9 151 000
Real Eastate	43 134 000	42 112 000	11 995 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	201 312 000	163 889 000	139 820 000	96 727 000
Total Tangible Assets	244 446 000	206 001 000	151 815 000	96 727 000
Total Fiancial Fixed Assets	817 000	528 000	300 000	201 000
Total Fixed Assets	262 455 000	226 781 000	165 619 000	106 079 000
Stock	2 758 000	1 476 000	714 000	798 000
Total Investments	0	0	0	0
Cash, Bank	21 058 000	15 325 000	21 856 000	20 903 000
Total Current Assets	98 782 000	71 833 000	64 637 000	60 668 000
Total Assets	361 236 000	298 615 000	230 256 000	166 747 000
Total Equity	87 125 000	73 427 000	62 044 000	52 944 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	207 292 000	173 382 000	125 487 000	81 773 000
Creditors	16 720 000	12 795 000	10 027 000	7 579 000
Unpaid Taxes	16 901 000	14 412 000	13 409 000	9 207 000
Dividends	0	0	0	0
Other Current Debt	24 594 000	19 272 000	13 634 000	10 312 000
Total Current Debt	66 819 000	51 805 000	42 725 000	32 030 000
Total Equity and Debt	361 236 000	298 615 000	230 256 000	166 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,19 %	23,58 %	22,73 %	28,9 %
Debt-to-Equity Ratio	2,38	2,36	2,02	1,54
Operating Profit Margin	9,2 %	9,1 %	9,59 %	11,72 %
Current Ratio	1,48	1,39	1,51	1,89
Quick Ratio	1,54	1,43	1,54	1,94
Equity Ratio	0,24	0,25	0,27	0,32
Gross Profit Margin	89,62 %	87,02 %	86,99 %	87,15 %