NORWEGIAN QUICK COUPLINGS AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

−5,21 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 569 000	1 438 000	1 922 000	1 482 000
Net Income	−57 000	−35 000	233 000	186 000
Total Assets	1 972 000	1 694 000	1 459 000	1 089 000
Total Equity	1 094 000	1 094 000	1 094 000	860 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 569 000	1 438 000	1 922 000	1 482 000
Expenditure	1 631 000	1 478 000	1 610 000	1 233 000
Operating Profit	−63 000	−40 000	312 000	249 000
Financial Income	6 000	4 000	7 000	4 000
Financial Costs	16 000	9 000	19 000	14 000
Financial Balance	−10 000	−5 000	−12 000	−10 000
Earnings Before Tax	−73 000	−45 000	299 000	239 000
Tax	−16 000	−10 000	66 000	53 000
Net Income	−57 000	−35 000	233 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	17 000	0	0
Total Current Assets	1 963 000	1 678 000	1 459 000	1 089 000
Total Assets	1 972 000	1 694 000	1 459 000	1 089 000
Total Retained Equity	303 000	359 000	394 000	161 000
Total Equity	1 094 000	1 094 000	1 094 000	860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	878 000	601 000	365 000	229 000
Total Equity and Debt	1 972 000	1 694 000	1 459 000	1 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 569 000	1 438 000	1 922 000	1 482 000
Other Income	0	0	0	0
Revenue	1 569 000	1 438 000	1 922 000	1 482 000
Cost of Goods Sold	904 000	796 000	994 000	679 000
Salary Costs	497 000	428 000	429 000	388 000
Depreciation	8 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	1 631 000	1 478 000	1 610 000	1 233 000
Operating Profit	−63 000	−40 000	312 000	249 000
Financial Income	6 000	4 000	7 000	4 000
Financial Costs	16 000	9 000	19 000	14 000
Financial Balance	−10 000	−5 000	−12 000	−10 000
Dividends	0	0	0	0
Net Income	−57 000	−35 000	233 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	17 000	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	0	0	0	0
Total Fixed Assets	8 000	17 000	0	0
Stock	1 137 000	1 149 000	732 000	731 000
Total Investments	0	0	0	0
Cash, Bank	537 000	173 000	345 000	227 000
Total Current Assets	1 963 000	1 678 000	1 459 000	1 089 000
Total Assets	1 972 000	1 694 000	1 459 000	1 089 000
Total Equity	1 094 000	1 094 000	1 094 000	860 000
Short-Term Group Debt	437 000	335 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	172 000	123 000	129 000	117 000
Unpaid Taxes	222 000	109 000	98 000	29 000
Dividends	0	0	0	0
Other Current Debt	47 000	34 000	73 000	31 000
Total Current Debt	878 000	601 000	365 000	229 000
Total Equity and Debt	1 972 000	1 694 000	1 459 000	1 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,21 %	−3,2 %	21,3 %	21,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,02 %	−2,78 %	16,23 %	16,8 %
Current Ratio	2,24	2,79	4	4,76
Quick Ratio	−7,58	−3,06	−3,98	−2,17
Equity Ratio	0,55	0,65	0,75	0,79
Gross Profit Margin	42,38 %	44,65 %	48,28 %	54,18 %