QICRAFT NORWAY AS

0283 OSLO

Finances

Share Ownership

Return on Equity

44,99 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 904 000	113 557 000	81 485 000	138 645 000
Net Income	9 032 000	10 810 000	−114 000	10 529 000
Total Assets	59 924 000	59 175 000	53 378 000	60 219 000
Total Equity	20 075 000	23 043 000	34 232 000	34 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 904 000	113 557 000	81 485 000	138 645 000
Expenditure	113 862 000	100 765 000	82 475 000	125 812 000
Operating Profit	10 041 000	12 792 000	−991 000	12 835 000
Financial Income	2 402 000	1 564 000	1 124 000	930 000
Financial Costs	827 000	467 000	272 000	181 000
Financial Balance	1 575 000	1 097 000	852 000	749 000
Earnings Before Tax	11 616 000	13 889 000	−139 000	13 584 000
Tax	2 583 000	3 079 000	−25 000	3 054 000
Net Income	9 032 000	10 810 000	−114 000	10 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 277 000	10 555 000	11 124 000	6 774 000
Total Current Assets	50 647 000	48 620 000	42 254 000	53 445 000
Total Assets	59 924 000	59 175 000	53 378 000	60 219 000
Total Retained Equity	18 925 000	21 893 000	33 082 000	33 197 000
Total Equity	20 075 000	23 043 000	34 232 000	34 347 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 849 000	36 133 000	19 146 000	25 872 000
Total Equity and Debt	59 924 000	59 175 000	53 378 000	60 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 165 000	112 943 000	80 573 000	138 498 000
Other Income	739 000	615 000	912 000	147 000
Revenue	123 904 000	113 557 000	81 485 000	138 645 000
Cost of Goods Sold	73 017 000	61 829 000	47 868 000	90 168 000
Salary Costs	25 551 000	25 115 000	20 926 000	19 818 000
Depreciation	761 000	863 000	885 000	797 000
Impairment	0	0	0	5 000
Expenditure	113 862 000	100 765 000	82 475 000	125 812 000
Operating Profit	10 041 000	12 792 000	−991 000	12 835 000
Financial Income	2 402 000	1 564 000	1 124 000	930 000
Financial Costs	827 000	467 000	272 000	181 000
Financial Balance	1 575 000	1 097 000	852 000	749 000
Dividends	12 000 000	22 000 000	0	0
Net Income	9 032 000	10 810 000	−114 000	10 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	581 000	601 000	424 000	438 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 433 000	1 777 000	2 416 000	2 583 000
Total Tangible Assets	1 433 000	1 777 000	2 416 000	2 583 000
Total Fiancial Fixed Assets	7 263 000	8 176 000	8 284 000	3 752 000
Total Fixed Assets	9 277 000	10 555 000	11 124 000	6 774 000
Stock	4 226 000	6 891 000	3 556 000	8 076 000
Total Investments	0	0	0	0
Cash, Bank	2 143 000	10 422 000	3 529 000	15 642 000
Total Current Assets	50 647 000	48 620 000	42 254 000	53 445 000
Total Assets	59 924 000	59 175 000	53 378 000	60 219 000
Total Equity	20 075 000	23 043 000	34 232 000	34 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 123 000	5 893 000	5 501 000	5 644 000
Unpaid Taxes	8 015 000	6 684 000	7 991 000	9 142 000
Dividends	12 000 000	22 000 000	0	0
Other Current Debt	7 021 000	10 300 000	5 654 000	7 951 000
Total Current Debt	39 849 000	36 133 000	19 146 000	25 872 000
Total Equity and Debt	59 924 000	59 175 000	53 378 000	60 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,99 %	46,91 %	−0,33 %	30,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,1 %	11,26 %	−1,22 %	9,26 %
Current Ratio	1,27	1,35	2,21	2,07
Quick Ratio	1,42	1,66	2,71	3
Equity Ratio	0,34	0,39	0,64	0,57
Gross Profit Margin	41,07 %	45,55 %	41,26 %	34,96 %