ULRIK QVALE & PARTNERS AS

0275 OSLO

Finances

Return on Equity

98,26 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 337 000	16 511 000	13 254 000	7 123 000
Net Income	5 700 000	5 756 000	3 907 000	939 000
Total Assets	14 958 000	12 556 000	11 333 000	6 377 000
Total Equity	5 801 000	5 101 000	5 345 000	4 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 337 000	16 511 000	13 254 000	7 123 000
Expenditure	10 897 000	9 397 000	8 271 000	5 921 000
Operating Profit	7 441 000	7 113 000	4 982 000	1 202 000
Financial Income	949 000	670 000	551 000	152 000
Financial Costs	901 000	372 000	497 000	131 000
Financial Balance	48 000	298 000	54 000	21 000
Earnings Before Tax	7 488 000	7 411 000	5 036 000	1 223 000
Tax	1 788 000	1 655 000	1 128 000	285 000
Net Income	5 700 000	5 756 000	3 907 000	939 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	337 000	316 000	59 000
Total Current Assets	14 768 000	12 219 000	11 017 000	6 318 000
Total Assets	14 958 000	12 556 000	11 333 000	6 377 000
Total Retained Equity	5 601 000	4 900 000	5 145 000	4 237 000
Total Equity	5 801 000	5 101 000	5 345 000	4 438 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	9 157 000	7 455 000	5 987 000	1 930 000
Total Equity and Debt	14 958 000	12 556 000	11 333 000	6 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 297 000	16 511 000	13 254 000	7 123 000
Other Income	41 000	0	0	0
Revenue	18 337 000	16 511 000	13 254 000	7 123 000
Cost of Goods Sold	4 813 000	3 299 000	2 079 000	1 442 000
Salary Costs	5 411 000	5 067 000	4 171 000	3 419 000
Depreciation	13 000	5 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	10 897 000	9 397 000	8 271 000	5 921 000
Operating Profit	7 441 000	7 113 000	4 982 000	1 202 000
Financial Income	949 000	670 000	551 000	152 000
Financial Costs	901 000	372 000	497 000	131 000
Financial Balance	48 000	298 000	54 000	21 000
Dividends	5 000 000	3 000 000	3 000 000	800 000
Net Income	5 700 000	5 756 000	3 907 000	939 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	267 000	268 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	50 000	28 000	33 000
Total Tangible Assets	58 000	50 000	28 000	33 000
Total Fiancial Fixed Assets	40 000	20 000	20 000	26 000
Total Fixed Assets	191 000	337 000	316 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 150 000	4 322 000	5 522 000	1 679 000
Total Current Assets	14 768 000	12 219 000	11 017 000	6 318 000
Total Assets	14 958 000	12 556 000	11 333 000	6 377 000
Total Equity	5 801 000	5 101 000	5 345 000	4 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	306 000	641 000	39 000	107 000
Unpaid Taxes	265 000	299 000	263 000	232 000
Dividends	5 000 000	3 000 000	3 000 000	800 000
Other Current Debt	1 973 000	1 861 000	1 280 000	517 000
Total Current Debt	9 157 000	7 455 000	5 987 000	1 930 000
Total Equity and Debt	14 958 000	12 556 000	11 333 000	6 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,26 %	112,84 %	73,1 %	21,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,58 %	43,08 %	37,59 %	16,87 %
Current Ratio	1,61	1,64	1,84	3,27
Quick Ratio	1,61	1,64	1,84	3,27
Equity Ratio	0,39	0,41	0,47	0,7
Gross Profit Margin	73,75 %	80,02 %	84,31 %	79,76 %