company

QTVET AS

8820 DØNNA

Finances

Share Ownership

Return on Equity

16,67 %

Current Ratio

1,09

Debt-to-Equity Ratio

0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 617 000	2 712 000	3 430 000	1 842 000
Net Income	10 000	244 000	−224 000	1 000
Total Assets	516 000	486 000	536 000	591 000
Total Equity	60 000	50 000	−194 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 617 000	2 712 000	3 430 000	1 842 000
Expenditure	2 653 000	2 419 000	3 677 000	1 856 000
Operating Profit	−37 000	311 000	−225 000	0
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	−37 000	312 000	−224 000	1 000
Tax	−47 000	69 000	0	0
Net Income	10 000	244 000	−224 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	40 000	53 000	0
Total Current Assets	499 000	445 000	483 000	591 000
Total Assets	516 000	486 000	536 000	591 000
Total Retained Equity	30 000	20 000	−224 000	1 000
Total Equity	60 000	50 000	−194 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	456 000	436 000	730 000	560 000
Total Equity and Debt	516 000	486 000	536 000	591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 235 000	1 384 000	1 647 000	770 000
Other Income	1 382 000	1 328 000	1 783 000	1 071 000
Revenue	2 617 000	2 712 000	3 430 000	1 842 000
Cost of Goods Sold	6 000	55 000	21 000	78 000
Salary Costs	1 296 000	940 000	2 537 000	1 051 000
Depreciation	4 000	13 000	17 000	0
Impairment	0	0	0	0
Expenditure	2 653 000	2 419 000	3 677 000	1 856 000
Operating Profit	−37 000	311 000	−225 000	0
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	10 000	244 000	−224 000	1 000

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	17 000	40 000	53 000	0
Total Tangible Assets	17 000	40 000	53 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	40 000	53 000	0
Stock	0	18 000	23 000	15 000
Total Investments	0	0	0	0
Cash, Bank	316 000	226 000	273 000	363 000
Total Current Assets	499 000	445 000	483 000	591 000
Total Assets	516 000	486 000	536 000	591 000
Total Equity	60 000	50 000	−194 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	147 000	53 000	16 000
Unpaid Taxes	155 000	81 000	180 000	76 000
Dividends	0	0	0	0
Other Current Debt	206 000	140 000	497 000	468 000
Total Current Debt	456 000	436 000	730 000	560 000
Total Equity and Debt	516 000	486 000	536 000	591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,67 %	488 %	115,46 %	3,23 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−1,41 %	11,47 %	−6,56 %	0 %
Current Ratio	1,09	1,02	0,66	1,06
Quick Ratio	1,09	1,06	0,68	1,08
Equity Ratio	0,12	0,1	−0,36	0,05
Gross Profit Margin	99,77 %	97,97 %	99,39 %	95,77 %

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