NORSK KVALITETSMAT AS

6652 SURNADAL

Finances

Return on Equity

−79,7 %

Current Ratio

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 592 000	124 555 000	122 302 000	46 857 000
Net Income	−4 071 000	4 725 000	2 314 000	−4 835 000
Total Assets	42 285 000	35 508 000	34 643 000	27 892 000
Total Equity	5 108 000	9 179 000	4 454 000	2 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 592 000	124 555 000	122 302 000	46 857 000
Expenditure	113 126 000	119 676 000	119 293 000	51 120 000
Operating Profit	−3 706 000	5 155 000	3 233 000	−4 263 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 505 000	946 000	920 000	573 000
Financial Balance	−1 504 000	−946 000	−919 000	−572 000
Earnings Before Tax	−5 210 000	4 209 000	2 314 000	−4 835 000
Tax	−1 139 000	−516 000	0	0
Net Income	−4 071 000	4 725 000	2 314 000	−4 835 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 764 000	12 617 000	13 570 000	14 942 000
Total Current Assets	30 520 000	22 891 000	21 073 000	12 950 000
Total Assets	42 285 000	35 508 000	34 643 000	27 892 000
Total Retained Equity	4 608 000	8 679 000	3 954 000	1 640 000
Total Equity	5 108 000	9 179 000	4 454 000	2 140 000
Total Long-Term Debt	6 670 000	7 848 000	9 641 000	11 330 000
Total Current Debt	30 506 000	18 482 000	20 547 000	14 422 000
Total Equity and Debt	42 285 000	35 508 000	34 643 000	27 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 592 000	124 555 000	122 302 000	46 857 000
Other Income	0	0	0	0
Revenue	109 592 000	124 555 000	122 302 000	46 857 000
Cost of Goods Sold	83 524 000	90 195 000	95 842 000	33 543 000
Salary Costs	13 653 000	14 950 000	11 964 000	7 885 000
Depreciation	2 504 000	2 582 000	2 418 000	2 123 000
Impairment	0	0	0	0
Expenditure	113 126 000	119 676 000	119 293 000	51 120 000
Operating Profit	−3 706 000	5 155 000	3 233 000	−4 263 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 505 000	946 000	920 000	573 000
Financial Balance	−1 504 000	−946 000	−919 000	−572 000
Dividends	0	0	0	0
Net Income	−4 071 000	4 725 000	2 314 000	−4 835 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 655 000	516 000	0	0
Real Eastate	89 000	89 000	0	0
Machinery and Plant Facilities	6 699 000	8 308 000	9 577 000	10 825 000
Fixtures	2 726 000	3 060 000	3 420 000	3 679 000
Total Tangible Assets	9 514 000	11 457 000	12 997 000	14 504 000
Total Fiancial Fixed Assets	595 000	644 000	573 000	439 000
Total Fixed Assets	11 764 000	12 617 000	13 570 000	14 942 000
Stock	24 064 000	16 444 000	12 254 000	7 000 000
Total Investments	0	0	0	1 000
Cash, Bank	436 000	464 000	439 000	630 000
Total Current Assets	30 520 000	22 891 000	21 073 000	12 950 000
Total Assets	42 285 000	35 508 000	34 643 000	27 892 000
Total Equity	5 108 000	9 179 000	4 454 000	2 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 670 000	7 848 000	9 641 000	11 330 000
Creditors	8 865 000	9 686 000	8 009 000	7 555 000
Unpaid Taxes	418 000	852 000	1 306 000	365 000
Dividends	0	0	0	0
Other Current Debt	1 581 000	1 609 000	1 409 000	908 000
Total Current Debt	30 506 000	18 482 000	20 547 000	14 422 000
Total Equity and Debt	42 285 000	35 508 000	34 643 000	27 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,7 %	51,48 %	51,95 %	−225,93 %
Debt-to-Equity Ratio	1,31	0,85	2,16	5,29
Operating Profit Margin	−3,38 %	4,14 %	2,64 %	−9,1 %
Current Ratio	1	1,24	1,03	0,9
Quick Ratio	4,74	11,23	2,54	1,74
Equity Ratio	0,12	0,26	0,13	0,08
Gross Profit Margin	23,79 %	27,59 %	21,63 %	28,41 %