FQ ENTERPRISES AS

1613 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−22,91 %

Current Ratio

3,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 163 000	383 000	90 000
Net Income	−361 000	−526 000	−1 182 000
Total Assets	2 329 000	2 597 000	492 000
Total Equity	1 576 000	1 310 000	−1 147 000

Income (NOK)	2022	2021	2020
Revenue	1 163 000	383 000	90 000
Expenditure	1 700 000	1 444 000	1 273 000
Operating Profit	−537 000	−1 061 000	−1 182 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	−537 000	−1 061 000	−1 182 000
Tax	−176 000	−535 000	0
Net Income	−361 000	−526 000	−1 182 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	2 329 000	2 597 000	492 000
Total Assets	2 329 000	2 597 000	492 000
Total Retained Equity	−2 070 000	−1 708 000	−1 182 000
Total Equity	1 576 000	1 310 000	−1 147 000
Total Long-Term Debt	0	800 000	0
Total Current Debt	752 000	487 000	1 639 000
Total Equity and Debt	2 329 000	2 597 000	492 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 163 000	308 000	15 000
Other Income	0	75 000	75 000
Revenue	1 163 000	383 000	90 000
Cost of Goods Sold	629 000	1 034 000	1 055 000
Salary Costs	865 000	289 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 700 000	1 444 000	1 273 000
Operating Profit	−537 000	−1 061 000	−1 182 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	−361 000	−526 000	−1 182 000

Balance details (NOK)	2022	2021	2020
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	479 000	127 000	188 000
Total Current Assets	2 329 000	2 597 000	492 000
Total Assets	2 329 000	2 597 000	492 000
Total Equity	1 576 000	1 310 000	−1 147 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	800 000	0
Creditors	267 000	361 000	264 000
Unpaid Taxes	64 000	65 000	0
Dividends	0	0	0
Other Current Debt	422 000	26 000	−6 000
Total Current Debt	752 000	487 000	1 639 000
Total Equity and Debt	2 329 000	2 597 000	492 000

Financial indicators	2022	2021	2020
Return on Equity	−22,91 %	−40,15 %	103,05 %
Debt-to-Equity Ratio	0	0,61	−0
Operating Profit Margin	−46,17 %	−277,02 %	−1 313,33 %
Current Ratio	3,1	5,33	0,3
Quick Ratio	3,1	5,33	0,3
Equity Ratio	0,68	0,5	−2,33
Gross Profit Margin	45,92 %	−169,97 %	−1 072,22 %