QUICKSTEP FOLEY AS

1458 FJELLSTRAND

Finances

Share Ownership

Return on Equity

−103,03 %

Current Ratio

0,59

Debt-to-Equity Ratio

−9,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 533 000	1 106 000	598 000	695 000
Net Income	34 000	90 000	7 000	−148 000
Total Assets	503 000	266 000	130 000	117 000
Total Equity	−33 000	−68 000	−158 000	−165 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 533 000	1 106 000	598 000	695 000
Expenditure	1 484 000	1 015 000	590 000	843 000
Operating Profit	50 000	91 000	8 000	−148 000
Financial Income	0	0	0	0
Financial Costs	14 000	1 000	1 000	0
Financial Balance	−14 000	−1 000	−1 000	0
Earnings Before Tax	36 000	90 000	7 000	−148 000
Tax	2 000	0	0	0
Net Income	34 000	90 000	7 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	26 000	26 000	0
Total Current Assets	128 000	240 000	105 000	117 000
Total Assets	503 000	266 000	130 000	117 000
Total Retained Equity	−52 000	−86 000	−177 000	−184 000
Total Equity	−33 000	−68 000	−158 000	−165 000
Total Long-Term Debt	319 000	0	0	0
Total Current Debt	218 000	333 000	288 000	282 000
Total Equity and Debt	503 000	266 000	130 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 533 000	1 106 000	586 000	695 000
Other Income	0	0	12 000	0
Revenue	1 533 000	1 106 000	598 000	695 000
Cost of Goods Sold	506 000	316 000	133 000	38 000
Salary Costs	387 000	324 000	246 000	551 000
Depreciation	70 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 484 000	1 015 000	590 000	843 000
Operating Profit	50 000	91 000	8 000	−148 000
Financial Income	0	0	0	0
Financial Costs	14 000	1 000	1 000	0
Financial Balance	−14 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	34 000	90 000	7 000	−148 000

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	350 000	0	0	0
Total Tangible Assets	350 000	0	0	0
Total Fiancial Fixed Assets	26 000	26 000	26 000	0
Total Fixed Assets	375 000	26 000	26 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	18 000	1 000	54 000
Total Current Assets	128 000	240 000	105 000	117 000
Total Assets	503 000	266 000	130 000	117 000
Total Equity	−33 000	−68 000	−158 000	−165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	319 000	0	0	0
Creditors	83 000	26 000	79 000	1 000
Unpaid Taxes	58 000	119 000	59 000	128 000
Dividends	0	0	0	0
Other Current Debt	75 000	188 000	150 000	153 000
Total Current Debt	218 000	333 000	288 000	282 000
Total Equity and Debt	503 000	266 000	130 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,03 %	−132,35 %	−4,43 %	89,7 %
Debt-to-Equity Ratio	−9,67	−0	−0	−0
Operating Profit Margin	3,26 %	8,23 %	1,34 %	−21,29 %
Current Ratio	0,59	0,72	0,36	0,41
Quick Ratio	0,59	0,72	0,36	0,41
Equity Ratio	−0,07	−0,26	−1,22	−1,41
Gross Profit Margin	66,99 %	71,43 %	77,76 %	94,53 %