QUICKTECH WEB AS

4790 LILLESAND

Finances

Return on Equity

157,62 %

Current Ratio

0,69

Debt-to-Equity Ratio

−1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 000	2 120 000	2 087 000	2 214 000
Net Income	−1 655 000	20 000	237 000	233 000
Total Assets	1 002 000	1 685 000	1 611 000	612 000
Total Equity	−1 050 000	604 000	585 000	347 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 000	2 120 000	2 087 000	2 214 000
Expenditure	1 687 000	2 052 000	1 745 000	1 903 000
Operating Profit	−1 572 000	68 000	342 000	312 000
Financial Income	1 000	7 000	2 000	4 000
Financial Costs	79 000	47 000	39 000	17 000
Financial Balance	−78 000	−40 000	−37 000	−13 000
Earnings Before Tax	−1 651 000	28 000	304 000	299 000
Tax	4 000	8 000	67 000	66 000
Net Income	−1 655 000	20 000	237 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	763 000	828 000	1 112 000	322 000
Total Current Assets	239 000	857 000	499 000	290 000
Total Assets	1 002 000	1 685 000	1 611 000	612 000
Total Retained Equity	−1 080 000	574 000	555 000	317 000
Total Equity	−1 050 000	604 000	585 000	347 000
Total Long-Term Debt	1 706 000	317 000	0	0
Total Current Debt	346 000	763 000	1 026 000	265 000
Total Equity and Debt	1 002 000	1 685 000	1 611 000	612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 000	2 120 000	2 087 000	2 210 000
Other Income	0	0	0	4 000
Revenue	115 000	2 120 000	2 087 000	2 214 000
Cost of Goods Sold	762 000	1 432 000	921 000	1 211 000
Salary Costs	0	0	0	0
Depreciation	11 000	15 000	15 000	4 000
Impairment	0	0	0	0
Expenditure	1 687 000	2 052 000	1 745 000	1 903 000
Operating Profit	−1 572 000	68 000	342 000	312 000
Financial Income	1 000	7 000	2 000	4 000
Financial Costs	79 000	47 000	39 000	17 000
Financial Balance	−78 000	−40 000	−37 000	−13 000
Dividends	0	0	0	0
Net Income	−1 655 000	20 000	237 000	233 000

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	11 000	26 000	41 000
Total Tangible Assets	0	11 000	26 000	41 000
Total Fiancial Fixed Assets	763 000	816 000	1 085 000	281 000
Total Fixed Assets	763 000	828 000	1 112 000	322 000
Stock	0	0	0	0
Total Investments	0	6 000	0	0
Cash, Bank	7 000	250 000	14 000	36 000
Total Current Assets	239 000	857 000	499 000	290 000
Total Assets	1 002 000	1 685 000	1 611 000	612 000
Total Equity	−1 050 000	604 000	585 000	347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 706 000	317 000	0	0
Creditors	0	−29 000	68 000	129 000
Unpaid Taxes	0	341 000	389 000	70 000
Dividends	0	0	0	0
Other Current Debt	47 000	147 000	201 000	0
Total Current Debt	346 000	763 000	1 026 000	265 000
Total Equity and Debt	1 002 000	1 685 000	1 611 000	612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,62 %	3,31 %	40,51 %	67,15 %
Debt-to-Equity Ratio	−1,62	0,52	0	0
Operating Profit Margin	−1 366,96 %	3,21 %	16,39 %	14,09 %
Current Ratio	0,69	1,12	0,49	1,09
Quick Ratio	0,69	1,12	0,49	1,09
Equity Ratio	−1,05	0,36	0,36	0,57
Gross Profit Margin	−562,61 %	32,45 %	55,87 %	45,3 %