QUALITY QUEST AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

45,47 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	3 091 000	2 089 000	470 000
Net Income	261 000	278 000	−19 000
Total Assets	1 406 000	930 000	443 000
Total Equity	574 000	313 000	5 000

Income (NOK)	2021	2020	2019
Revenue	3 091 000	2 089 000	470 000
Expenditure	2 756 000	1 611 000	489 000
Operating Profit	335 000	477 000	−19 000
Financial Income	1 000	0	0
Financial Costs	1 000	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	335 000	476 000	−19 000
Tax	74 000	199 000	0
Net Income	261 000	278 000	−19 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	0	0
Total Current Assets	1 406 000	930 000	443 000
Total Assets	1 406 000	930 000	443 000
Total Retained Equity	520 000	258 000	−19 000
Total Equity	574 000	313 000	5 000
Total Long-Term Debt	0	0	0
Total Current Debt	832 000	617 000	438 000
Total Equity and Debt	1 406 000	930 000	443 000

Cash flow (NOK)	2021	2020	2019
Sales Income	3 091 000	2 089 000	470 000
Other Income	0	0	0
Revenue	3 091 000	2 089 000	470 000
Cost of Goods Sold	0	0	0
Salary Costs	2 718 000	1 531 000	439 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 756 000	1 611 000	489 000
Operating Profit	335 000	477 000	−19 000
Financial Income	1 000	0	0
Financial Costs	1 000	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	261 000	278 000	−19 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	861 000	786 000	88 000
Total Current Assets	1 406 000	930 000	443 000
Total Assets	1 406 000	930 000	443 000
Total Equity	574 000	313 000	5 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	2 000	1 000	1 000
Unpaid Taxes	390 000	239 000	234 000
Dividends	0	0	0
Other Current Debt	267 000	179 000	203 000
Total Current Debt	832 000	617 000	438 000
Total Equity and Debt	1 406 000	930 000	443 000

Financial indicators	2021	2020	2019
Return on Equity	45,47 %	88,82 %	−380 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	10,84 %	22,83 %	−4,04 %
Current Ratio	1,69	1,51	1,01
Quick Ratio	1,69	1,51	1,01
Equity Ratio	0,41	0,34	0,01
Gross Profit Margin	100 %	100 %	100 %