QULT AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

26,35 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 435 000	4 691 000	3 158 000	1 484 000
Net Income	341 000	494 000	322 000	569 000
Total Assets	2 459 000	2 162 000	1 354 000	1 155 000
Total Equity	1 294 000	953 000	771 000	599 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 435 000	4 691 000	3 158 000	1 484 000
Expenditure	5 944 000	4 043 000	2 743 000	757 000
Operating Profit	490 000	648 000	415 000	727 000
Financial Income	1 000	2 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−1 000	1 000	−1 000	0
Earnings Before Tax	489 000	648 000	414 000	727 000
Tax	148 000	154 000	92 000	158 000
Net Income	341 000	494 000	322 000	569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	557 000	630 000	180 000
Total Current Assets	2 049 000	1 605 000	724 000	975 000
Total Assets	2 459 000	2 162 000	1 354 000	1 155 000
Total Retained Equity	1 249 000	908 000	726 000	569 000
Total Equity	1 294 000	953 000	771 000	599 000
Total Long-Term Debt	0	0	15 000	0
Total Current Debt	1 165 000	1 210 000	568 000	556 000
Total Equity and Debt	2 459 000	2 162 000	1 354 000	1 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 435 000	4 691 000	3 158 000	1 484 000
Other Income	0	0	0	0
Revenue	6 435 000	4 691 000	3 158 000	1 484 000
Cost of Goods Sold	148 000	53 000	304 000	18 000
Salary Costs	3 655 000	2 321 000	1 711 000	421 000
Depreciation	345 000	265 000	141 000	12 000
Impairment	0	0	0	0
Expenditure	5 944 000	4 043 000	2 743 000	757 000
Operating Profit	490 000	648 000	415 000	727 000
Financial Income	1 000	2 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−1 000	1 000	−1 000	0
Dividends	0	313 000	0	0
Net Income	341 000	494 000	322 000	569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	0	46 000	0	0
Machinery and Plant Facilities	112 000	103 000	263 000	163 000
Fixtures	224 000	309 000	367 000	0
Total Tangible Assets	336 000	458 000	630 000	163 000
Total Fiancial Fixed Assets	74 000	99 000	0	0
Total Fixed Assets	410 000	557 000	630 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 013 000	904 000	286 000	322 000
Total Current Assets	2 049 000	1 605 000	724 000	975 000
Total Assets	2 459 000	2 162 000	1 354 000	1 155 000
Total Equity	1 294 000	953 000	771 000	599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	15 000	0
Creditors	120 000	141 000	81 000	60 000
Unpaid Taxes	437 000	386 000	287 000	210 000
Dividends	0	313 000	0	0
Other Current Debt	460 000	213 000	140 000	111 000
Total Current Debt	1 165 000	1 210 000	568 000	556 000
Total Equity and Debt	2 459 000	2 162 000	1 354 000	1 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,35 %	51,84 %	41,76 %	94,99 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	7,61 %	13,81 %	13,14 %	48,99 %
Current Ratio	1,76	1,33	1,27	1,75
Quick Ratio	1,76	1,33	1,27	1,75
Equity Ratio	0,53	0,44	0,57	0,52
Gross Profit Margin	97,7 %	98,87 %	90,37 %	98,79 %