QUALITY TRANSPORT AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

542,42 %

Current Ratio

1,01

Debt-to-Equity Ratio

−13,88

Key figures (NOK)	2022	2021	2020
Revenue	4 982 000	2 955 000	252 000
Net Income	−179 000	115 000	1 000
Total Assets	1 131 000	873 000	241 000
Total Equity	−33 000	146 000	31 000

Income (NOK)	2022	2021	2020
Revenue	4 982 000	2 955 000	252 000
Expenditure	5 126 000	2 804 000	246 000
Operating Profit	−145 000	152 000	6 000
Financial Income	0	0	0
Financial Costs	34 000	2 000	4 000
Financial Balance	−34 000	−2 000	−4 000
Earnings Before Tax	−179 000	149 000	2 000
Tax	0	34 000	0
Net Income	−179 000	115 000	1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	416 000	53 000	0
Total Current Assets	715 000	820 000	241 000
Total Assets	1 131 000	873 000	241 000
Total Retained Equity	−63 000	116 000	1 000
Total Equity	−33 000	146 000	31 000
Total Long-Term Debt	458 000	170 000	116 000
Total Current Debt	705 000	557 000	94 000
Total Equity and Debt	1 131 000	873 000	241 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 982 000	2 955 000	252 000
Other Income	0	0	0
Revenue	4 982 000	2 955 000	252 000
Cost of Goods Sold	1 000	1 000	0
Salary Costs	2 291 000	1 287 000	70 000
Depreciation	87 000	3 000	0
Impairment	0	0	0
Expenditure	5 126 000	2 804 000	246 000
Operating Profit	−145 000	152 000	6 000
Financial Income	0	0	0
Financial Costs	34 000	2 000	4 000
Financial Balance	−34 000	−2 000	−4 000
Dividends	0	0	0
Net Income	−179 000	115 000	1 000

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	416 000	53 000	0
Total Tangible Assets	416 000	53 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	416 000	53 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	227 000	416 000	54 000
Total Current Assets	715 000	820 000	241 000
Total Assets	1 131 000	873 000	241 000
Total Equity	−33 000	146 000	31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	458 000	170 000	116 000
Creditors	290 000	196 000	60 000
Unpaid Taxes	229 000	222 000	28 000
Dividends	0	0	0
Other Current Debt	186 000	104 000	6 000
Total Current Debt	705 000	557 000	94 000
Total Equity and Debt	1 131 000	873 000	241 000

Financial indicators	2022	2021	2020
Return on Equity	542,42 %	78,77 %	3,23 %
Debt-to-Equity Ratio	−13,88	1,16	3,74
Operating Profit Margin	−2,91 %	5,14 %	2,38 %
Current Ratio	1,01	1,47	2,56
Quick Ratio	1,01	1,47	2,56
Equity Ratio	−0,03	0,17	0,13
Gross Profit Margin	99,98 %	99,97 %	100 %