QVISTEN BILBERGING AS

3540 NESBYEN

Finances

Return on Equity

0,4 %

Current Ratio

5,04

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 614 000	42 762 000	37 755 000	41 125 000
Net Income	8 000	1 447 000	230 000	764 000
Total Assets	3 067 000	6 863 000	4 967 000	5 491 000
Total Equity	1 978 000	1 971 000	1 423 000	1 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 614 000	42 762 000	37 755 000	41 125 000
Expenditure	18 986 000	40 961 000	37 588 000	40 210 000
Operating Profit	26 000	1 801 000	167 000	914 000
Financial Income	72 000	121 000	127 000	137 000
Financial Costs	44 000	42 000	59 000	97 000
Financial Balance	28 000	79 000	68 000	40 000
Earnings Before Tax	54 000	1 880 000	234 000	954 000
Tax	46 000	433 000	5 000	190 000
Net Income	8 000	1 447 000	230 000	764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 078 000	572 000	808 000	941 000
Total Current Assets	1 989 000	6 291 000	4 159 000	4 549 000
Total Assets	3 067 000	6 863 000	4 967 000	5 491 000
Total Retained Equity	1 478 000	1 471 000	923 000	844 000
Total Equity	1 978 000	1 971 000	1 423 000	1 344 000
Total Long-Term Debt	694 000	1 403 000	1 666 000	2 065 000
Total Current Debt	395 000	3 490 000	1 878 000	2 083 000
Total Equity and Debt	3 067 000	6 863 000	4 967 000	5 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 545 000	42 617 000	37 653 000	41 037 000
Other Income	69 000	145 000	102 000	88 000
Revenue	21 614 000	42 762 000	37 755 000	41 125 000
Cost of Goods Sold	12 950 000	32 515 000	29 159 000	32 303 000
Salary Costs	2 830 000	4 392 000	4 254 000	4 279 000
Depreciation	249 000	234 000	301 000	180 000
Impairment	0	0	0	0
Expenditure	18 986 000	40 961 000	37 588 000	40 210 000
Operating Profit	26 000	1 801 000	167 000	914 000
Financial Income	72 000	121 000	127 000	137 000
Financial Costs	44 000	42 000	59 000	97 000
Financial Balance	28 000	79 000	68 000	40 000
Dividends	0	900 000	150 000	0
Net Income	8 000	1 447 000	230 000	764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	129 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 003 000	497 000	731 000	718 000
Total Tangible Assets	1 003 000	497 000	731 000	847 000
Total Fiancial Fixed Assets	75 000	75 000	77 000	94 000
Total Fixed Assets	1 078 000	572 000	808 000	941 000
Stock	163 000	2 128 000	1 884 000	1 844 000
Total Investments	0	0	0	0
Cash, Bank	845 000	3 461 000	1 383 000	1 783 000
Total Current Assets	1 989 000	6 291 000	4 159 000	4 549 000
Total Assets	3 067 000	6 863 000	4 967 000	5 491 000
Total Equity	1 978 000	1 971 000	1 423 000	1 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	694 000	1 403 000	1 666 000	2 065 000
Creditors	−11 000	1 353 000	1 106 000	1 030 000
Unpaid Taxes	121 000	458 000	394 000	488 000
Dividends	0	900 000	150 000	0
Other Current Debt	238 000	346 000	372 000	375 000
Total Current Debt	395 000	3 490 000	1 878 000	2 083 000
Total Equity and Debt	3 067 000	6 863 000	4 967 000	5 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,4 %	73,41 %	16,16 %	56,85 %
Debt-to-Equity Ratio	0,35	0,71	1,17	1,54
Operating Profit Margin	0,12 %	4,21 %	0,44 %	2,22 %
Current Ratio	5,04	1,8	2,21	2,18
Quick Ratio	8,57	4,62	−693,17	19,03
Equity Ratio	0,64	0,29	0,29	0,24
Gross Profit Margin	40,09 %	23,96 %	22,77 %	21,45 %