Q-FREE NORGE AS

7053 RANHEIM

Finances

Share Ownership

Return on Equity

0,67 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	403 629 000	400 318 000	365 948 000	438 402 000
Net Income	1 233 000	54 013 000	2 062 000	22 045 000
Total Assets	453 312 000	367 333 000	281 665 000	313 851 000
Total Equity	182 944 000	225 090 000	171 079 000	169 017 000

Income (NOK)	2022	2021	2020	2019
Revenue	403 629 000	400 318 000	365 948 000	438 402 000
Expenditure	408 859 000	351 861 000	360 865 000	423 943 000
Operating Profit	−5 230 000	48 457 000	5 083 000	14 459 000
Financial Income	19 669 000	8 604 000	10 242 000	17 687 000
Financial Costs	12 647 000	8 364 000	13 263 000	10 101 000
Financial Balance	7 022 000	240 000	−3 021 000	7 586 000
Earnings Before Tax	1 792 000	48 697 000	2 062 000	22 045 000
Tax	559 000	−5 316 000	0	0
Net Income	1 233 000	54 013 000	2 062 000	22 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 025 000	186 305 000	76 619 000	95 372 000
Total Current Assets	229 287 000	181 028 000	205 046 000	218 479 000
Total Assets	453 312 000	367 333 000	281 665 000	313 851 000
Total Retained Equity	−111 469 000	−112 702 000	−166 713 000	−168 775 000
Total Equity	182 944 000	225 090 000	171 079 000	169 017 000
Total Long-Term Debt	20 287 000	28 770 000	7 863 000	16 272 000
Total Current Debt	250 082 000	113 474 000	102 723 000	128 561 000
Total Equity and Debt	453 313 000	367 334 000	281 665 000	313 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 782 000	400 318 000	365 948 000	416 962 000
Other Income	357 847 000	0	0	21 440 000
Revenue	403 629 000	400 318 000	365 948 000	438 402 000
Cost of Goods Sold	196 452 000	124 966 000	103 112 000	153 673 000
Salary Costs	120 261 000	116 245 000	110 273 000	105 582 000
Depreciation	27 056 000	26 137 000	24 369 000	51 021 000
Impairment	0	0	16 282 000	0
Expenditure	408 859 000	351 861 000	360 865 000	423 943 000
Operating Profit	−5 230 000	48 457 000	5 083 000	14 459 000
Financial Income	19 669 000	8 604 000	10 242 000	17 687 000
Financial Costs	12 647 000	8 364 000	13 263 000	10 101 000
Financial Balance	7 022 000	240 000	−3 021 000	7 586 000
Dividends	0	0	0	0
Net Income	1 233 000	54 013 000	2 062 000	22 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 180 000	60 661 000	43 772 000	56 600 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 845 000	50 644 000	32 847 000	38 772 000
Total Tangible Assets	72 845 000	50 644 000	32 847 000	38 772 000
Total Fiancial Fixed Assets	75 000 000	75 000 000	0	0
Total Fixed Assets	224 025 000	186 305 000	76 619 000	95 372 000
Stock	29 236 000	17 133 000	12 299 000	19 710 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	229 287 000	181 028 000	205 046 000	218 479 000
Total Assets	453 312 000	367 333 000	281 665 000	313 851 000
Total Equity	182 944 000	225 090 000	171 079 000	169 017 000
Short-Term Group Debt	0	0	0	6 697 000
Total Long-Term Debt	20 287 000	28 770 000	7 863 000	16 272 000
Creditors	112 594 000	48 734 000	0	63 345 000
Unpaid Taxes	47 727 000	8 230 000	12 201 000	10 382 000
Dividends	0	0	0	0
Other Current Debt	81 320 000	56 510 000	90 522 000	48 137 000
Total Current Debt	250 082 000	113 474 000	102 723 000	128 561 000
Total Equity and Debt	453 313 000	367 334 000	281 665 000	313 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,67 %	24 %	1,21 %	13,04 %
Debt-to-Equity Ratio	0,11	0,13	0,05	0,1
Operating Profit Margin	−1,3 %	12,1 %	1,39 %	3,3 %
Current Ratio	0,92	1,6	2	1,7
Quick Ratio	1,04	1,88	2,27	2,01
Equity Ratio	0,4	0,61	0,61	0,54
Gross Profit Margin	51,33 %	68,78 %	71,82 %	64,95 %