QUALITY LIVING AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

−11,74 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 000	56 000	28 355 000	40 000
Net Income	−652 000	−487 000	7 066 000	−189 000
Total Assets	14 044 000	7 191 000	9 487 000	14 639 000
Total Equity	5 552 000	6 203 000	6 691 000	−432 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 000	56 000	28 355 000	40 000
Expenditure	514 000	543 000	19 170 000	113 000
Operating Profit	−461 000	−487 000	9 185 000	−74 000
Financial Income	5 000	15 000	97 000	6 000
Financial Costs	196 000	22 000	246 000	121 000
Financial Balance	−191 000	−7 000	−149 000	−115 000
Earnings Before Tax	−652 000	−493 000	9 036 000	−189 000
Tax	0	−6 000	1 970 000	0
Net Income	−652 000	−487 000	7 066 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 794 000	6 708 000	8 264 000	2 040 000
Total Current Assets	7 250 000	483 000	1 223 000	12 599 000
Total Assets	14 044 000	7 191 000	9 487 000	14 639 000
Total Retained Equity	5 452 000	6 103 000	6 591 000	−532 000
Total Equity	5 552 000	6 203 000	6 691 000	−432 000
Total Long-Term Debt	251 000	251 000	76 000	7 785 000
Total Current Debt	8 241 000	737 000	2 720 000	7 286 000
Total Equity and Debt	14 044 000	7 191 000	9 487 000	14 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	56 000	28 291 000	40 000
Other Income	0	0	64 000	0
Revenue	53 000	56 000	28 355 000	40 000
Cost of Goods Sold	85 000	27 000	18 547 000	0
Salary Costs	76 000	0	3 000	−20 000
Depreciation	67 000	67 000	56 000	43 000
Impairment	0	0	0	0
Expenditure	514 000	543 000	19 170 000	113 000
Operating Profit	−461 000	−487 000	9 185 000	−74 000
Financial Income	5 000	15 000	97 000	6 000
Financial Costs	196 000	22 000	246 000	121 000
Financial Balance	−191 000	−7 000	−149 000	−115 000
Dividends	0	0	0	0
Net Income	−652 000	−487 000	7 066 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 691 000	6 538 000	6 538 000	1 898 000
Machinery and Plant Facilities	0	0	237 000	142 000
Fixtures	103 000	170 000	0	0
Total Tangible Assets	6 794 000	6 708 000	6 775 000	2 040 000
Total Fiancial Fixed Assets	0	0	1 489 000	0
Total Fixed Assets	6 794 000	6 708 000	8 264 000	2 040 000
Stock	6 561 000	37 000	0	12 539 000
Total Investments	0	0	0	0
Cash, Bank	675 000	438 000	1 189 000	50 000
Total Current Assets	7 250 000	483 000	1 223 000	12 599 000
Total Assets	14 044 000	7 191 000	9 487 000	14 639 000
Total Equity	5 552 000	6 203 000	6 691 000	−432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	251 000	251 000	76 000	7 785 000
Creditors	189 000	13 000	407 000	284 000
Unpaid Taxes	40 000	0	154 000	755 000
Dividends	0	0	0	0
Other Current Debt	8 011 000	724 000	251 000	6 247 000
Total Current Debt	8 241 000	737 000	2 720 000	7 286 000
Total Equity and Debt	14 044 000	7 191 000	9 487 000	14 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,74 %	−7,85 %	105,6 %	43,75 %
Debt-to-Equity Ratio	0,05	0,04	0,01	−18,02
Operating Profit Margin	−869,81 %	−869,64 %	32,39 %	−185 %
Current Ratio	0,88	0,66	0,45	1,73
Quick Ratio	4,32	0,69	0,45	−2,4
Equity Ratio	0,4	0,86	0,71	−0,03
Gross Profit Margin	−60,38 %	51,79 %	34,59 %	100 %