Q-FREE AS

7053 RANHEIM

Finances

Return on Equity

0,56 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	948 968 000	860 017 000	889 305 000	962 317 000
Net Income	2 779 000	58 630 000	−40 995 000	−49 980 000
Total Assets	1 083 340 000	947 768 000	849 946 000	883 168 000
Total Equity	493 031 000	447 754 000	313 115 000	357 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	948 968 000	860 017 000	889 305 000	962 317 000
Expenditure	916 478 000	809 752 000	898 105 000	1 016 698 000
Operating Profit	32 490 000	50 265 000	−8 800 000	−54 381 000
Financial Income	24 540 000	28 147 000	38 760 000	35 915 000
Financial Costs	44 696 000	38 845 000	62 406 000	31 583 000
Financial Balance	−20 156 000	−10 698 000	−23 646 000	4 332 000
Earnings Before Tax	12 334 000	39 567 000	−32 446 000	−50 049 000
Tax	9 555 000	−19 063 000	8 549 000	−69 000
Net Income	2 779 000	58 630 000	−40 995 000	−49 980 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	581 077 000	519 797 000	413 996 000	494 246 000
Total Current Assets	502 263 000	427 971 000	435 950 000	388 922 000
Total Assets	1 083 340 000	947 768 000	849 946 000	883 168 000
Total Retained Equity	−220 112 000	−265 778 000	−331 048 000	−275 893 000
Total Equity	493 031 000	447 754 000	313 115 000	357 502 000
Total Long-Term Debt	216 537 000	256 188 000	269 454 000	197 197 000
Total Current Debt	373 772 000	243 824 000	267 376 000	328 469 000
Total Equity and Debt	1 083 340 000	947 766 000	849 945 000	883 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	948 968 000	860 017 000	889 305 000	962 317 000
Other Income	0	0	0	0
Revenue	948 968 000	860 017 000	889 305 000	962 317 000
Cost of Goods Sold	356 874 000	228 140 000	236 609 000	304 556 000
Salary Costs	344 609 000	320 571 000	331 338 000	328 788 000
Depreciation	53 834 000	30 125 000	64 039 000	68 692 000
Impairment	0	25 204 000	20 538 000	58 332 000
Expenditure	916 478 000	809 752 000	898 105 000	1 016 698 000
Operating Profit	32 490 000	50 265 000	−8 800 000	−54 381 000
Financial Income	24 540 000	28 147 000	38 760 000	35 915 000
Financial Costs	44 696 000	38 845 000	62 406 000	31 583 000
Financial Balance	−20 156 000	−10 698 000	−23 646 000	4 332 000
Dividends	0	0	0	0
Net Income	2 779 000	58 630 000	−40 995 000	−49 980 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	313 049 000	295 236 000	266 576 000	285 270 000
Total Intangible Assets	463 840 000	430 012 000	350 685 000	415 079 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	113 745 000	89 785 000	63 311 000	78 785 000
Total Tangible Assets	113 745 000	89 785 000	63 311 000	78 785 000
Total Fiancial Fixed Assets	3 492 000	0	0	382 000
Total Fixed Assets	581 077 000	519 797 000	413 996 000	494 246 000
Stock	86 593 000	85 832 000	38 450 000	76 143 000
Total Investments	0	0	0	0
Cash, Bank	76 382 000	82 015 000	74 961 000	31 051 000
Total Current Assets	502 263 000	427 971 000	435 950 000	388 922 000
Total Assets	1 083 340 000	947 768 000	849 946 000	883 168 000
Total Equity	493 031 000	447 754 000	313 115 000	357 502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	216 537 000	256 188 000	269 454 000	197 197 000
Creditors	101 867 000	78 185 000	58 220 000	117 609 000
Unpaid Taxes	17 284 000	17 512 000	14 118 000	20 167 000
Dividends	0	0	0	0
Other Current Debt	107 540 000	128 682 000	137 183 000	115 140 000
Total Current Debt	373 772 000	243 824 000	267 376 000	328 469 000
Total Equity and Debt	1 083 340 000	947 766 000	849 945 000	883 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,56 %	13,09 %	−13,09 %	−13,98 %
Debt-to-Equity Ratio	0,44	0,57	0,86	0,55
Operating Profit Margin	3,42 %	5,84 %	−0,99 %	−5,65 %
Current Ratio	1,34	1,76	1,63	1,18
Quick Ratio	1,75	2,71	1,9	1,54
Equity Ratio	0,46	0,47	0,37	0,4
Gross Profit Margin	62,39 %	73,47 %	73,39 %	68,35 %