QVALE STUDIOS AS

0975 OSLO

Finances

Return on Equity

47,76 %

Current Ratio

0,63

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 634 000	3 317 000	2 134 000	4 462 000
Net Income	522 000	1 125 000	−314 000	195 000
Total Assets	3 740 000	2 985 000	1 831 000	2 098 000
Total Equity	1 093 000	1 871 000	746 000	1 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 634 000	3 317 000	2 134 000	4 462 000
Expenditure	2 923 000	1 898 000	2 499 000	4 181 000
Operating Profit	711 000	1 418 000	−365 000	281 000
Financial Income	0	−2 000	0	3 000
Financial Costs	33 000	27 000	7 000	28 000
Financial Balance	−33 000	−29 000	−7 000	−25 000
Earnings Before Tax	678 000	1 389 000	−371 000	256 000
Tax	156 000	264 000	−57 000	62 000
Net Income	522 000	1 125 000	−314 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 698 000	1 231 000	284 000	295 000
Total Current Assets	1 042 000	1 753 000	1 547 000	1 804 000
Total Assets	3 740 000	2 985 000	1 831 000	2 098 000
Total Retained Equity	218 000	996 000	−129 000	185 000
Total Equity	1 093 000	1 871 000	746 000	1 060 000
Total Long-Term Debt	1 000 000	366 000	464 000	546 000
Total Current Debt	1 647 000	747 000	621 000	492 000
Total Equity and Debt	3 740 000	2 985 000	1 831 000	2 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 357 000	3 159 000	2 135 000	4 404 000
Other Income	277 000	158 000	0	58 000
Revenue	3 634 000	3 317 000	2 134 000	4 462 000
Cost of Goods Sold	441 000	605 000	666 000	1 228 000
Salary Costs	327 000	259 000	391 000	922 000
Depreciation	237 000	65 000	80 000	99 000
Impairment	0	0	0	0
Expenditure	2 923 000	1 898 000	2 499 000	4 181 000
Operating Profit	711 000	1 418 000	−365 000	281 000
Financial Income	0	−2 000	0	3 000
Financial Costs	33 000	27 000	7 000	28 000
Financial Balance	−33 000	−29 000	−7 000	−25 000
Dividends	1 300 000	0	0	0
Net Income	522 000	1 125 000	−314 000	195 000

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	1 817 000	470 000	184 000	195 000
Total Tangible Assets	1 817 000	470 000	184 000	195 000
Total Fiancial Fixed Assets	881 000	761 000	100 000	100 000
Total Fixed Assets	2 698 000	1 231 000	284 000	295 000
Stock	491 000	859 000	527 000	842 000
Total Investments	100 000	0	0	0
Cash, Bank	309 000	404 000	75 000	234 000
Total Current Assets	1 042 000	1 753 000	1 547 000	1 804 000
Total Assets	3 740 000	2 985 000	1 831 000	2 098 000
Total Equity	1 093 000	1 871 000	746 000	1 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	366 000	464 000	546 000
Creditors	99 000	356 000	318 000	237 000
Unpaid Taxes	60 000	40 000	79 000	34 000
Dividends	1 300 000	0	0	0
Other Current Debt	33 000	88 000	223 000	143 000
Total Current Debt	1 647 000	747 000	621 000	492 000
Total Equity and Debt	3 740 000	2 985 000	1 831 000	2 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,76 %	60,13 %	−42,09 %	18,4 %
Debt-to-Equity Ratio	0,91	0,2	0,62	0,52
Operating Profit Margin	19,57 %	42,75 %	−17,1 %	6,3 %
Current Ratio	0,63	2,35	2,49	3,67
Quick Ratio	0,9	−15,65	16,46	−5,15
Equity Ratio	0,29	0,63	0,41	0,51
Gross Profit Margin	87,86 %	81,76 %	68,79 %	72,48 %