QUALITY AS

0357 OSLO

Finances

Return on Equity

53,21 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	943 000	1 639 000	1 763 000	1 891 000
Net Income	456 000	202 000	316 000	417 000
Total Assets	1 164 000	910 000	1 358 000	1 418 000
Total Equity	857 000	551 000	799 000	733 000

Income (NOK)	2022	2021	2020	2019
Revenue	943 000	1 639 000	1 763 000	1 891 000
Expenditure	715 000	1 423 000	1 366 000	1 579 000
Operating Profit	228 000	216 000	397 000	313 000
Financial Income	297 000	47 000	25 000	188 000
Financial Costs	6 000	11 000	14 000	7 000
Financial Balance	291 000	36 000	11 000	181 000
Earnings Before Tax	519 000	251 000	408 000	493 000
Tax	63 000	49 000	92 000	76 000
Net Income	456 000	202 000	316 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	551 000	517 000	485 000
Total Current Assets	579 000	358 000	841 000	933 000
Total Assets	1 164 000	910 000	1 358 000	1 418 000
Total Retained Equity	757 000	451 000	699 000	633 000
Total Equity	857 000	551 000	799 000	733 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	359 000	560 000	685 000
Total Equity and Debt	1 164 000	910 000	1 358 000	1 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	943 000	1 639 000	1 763 000	1 891 000
Other Income	0	0	0	0
Revenue	943 000	1 639 000	1 763 000	1 891 000
Cost of Goods Sold	0	0	0	0
Salary Costs	429 000	1 151 000	1 125 000	1 167 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	715 000	1 423 000	1 366 000	1 579 000
Operating Profit	228 000	216 000	397 000	313 000
Financial Income	297 000	47 000	25 000	188 000
Financial Costs	6 000	11 000	14 000	7 000
Financial Balance	291 000	36 000	11 000	181 000
Dividends	150 000	450 000	250 000	350 000
Net Income	456 000	202 000	316 000	417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	585 000	551 000	517 000	485 000
Total Fixed Assets	585 000	551 000	517 000	485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	192 000	538 000	674 000
Total Current Assets	579 000	358 000	841 000	933 000
Total Assets	1 164 000	910 000	1 358 000	1 418 000
Total Equity	857 000	551 000	799 000	733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	6 000	0	33 000
Unpaid Taxes	28 000	116 000	132 000	130 000
Dividends	150 000	450 000	250 000	350 000
Other Current Debt	65 000	87 000	86 000	95 000
Total Current Debt	308 000	359 000	560 000	685 000
Total Equity and Debt	1 164 000	910 000	1 358 000	1 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,21 %	36,66 %	39,55 %	56,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,18 %	13,18 %	22,52 %	16,55 %
Current Ratio	1,88	1	1,5	1,36
Quick Ratio	1,88	1	1,5	1,36
Equity Ratio	0,74	0,61	0,59	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %