QUALITY MANAGEMENT SOFTWARE AS

3040 DRAMMEN

Finances

Return on Equity

815,38 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	281 000	2 438 000	792 000	159 000
Net Income	−1 696 000	1 720 000	177 000	−595 000
Total Assets	795 000	2 717 000	1 243 000	876 000
Total Equity	−208 000	1 488 000	−232 000	−409 000

Income (NOK)	2022	2021	2020	2019
Revenue	281 000	2 438 000	792 000	159 000
Expenditure	1 919 000	670 000	592 000	728 000
Operating Profit	−1 638 000	1 767 000	201 000	−569 000
Financial Income	12 000	0	0	9 000
Financial Costs	70 000	48 000	24 000	34 000
Financial Balance	−58 000	−48 000	−24 000	−25 000
Earnings Before Tax	−1 696 000	1 720 000	177 000	−595 000
Tax	0	0	0	0
Net Income	−1 696 000	1 720 000	177 000	−595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	32 000	34 000	62 000
Total Current Assets	583 000	2 684 000	1 210 000	814 000
Total Assets	795 000	2 717 000	1 243 000	876 000
Total Retained Equity	−308 000	1 388 000	−332 000	−509 000
Total Equity	−208 000	1 488 000	−232 000	−409 000
Total Long-Term Debt	178 000	205 000	252 000	837 000
Total Current Debt	825 000	1 024 000	1 223 000	447 000
Total Equity and Debt	795 000	2 717 000	1 243 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	271 000	2 438 000	792 000	159 000
Other Income	10 000	0	0	0
Revenue	281 000	2 438 000	792 000	159 000
Cost of Goods Sold	6 000	28 000	30 000	0
Salary Costs	453 000	302 000	159 000	−110 000
Depreciation	5 000	0	36 000	62 000
Impairment	0	0	0	0
Expenditure	1 919 000	670 000	592 000	728 000
Operating Profit	−1 638 000	1 767 000	201 000	−569 000
Financial Income	12 000	0	0	9 000
Financial Costs	70 000	48 000	24 000	34 000
Financial Balance	−58 000	−48 000	−24 000	−25 000
Dividends	0	0	0	0
Net Income	−1 696 000	1 720 000	177 000	−595 000

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	174 000	0	0	36 000
Total Tangible Assets	174 000	0	0	36 000
Total Fiancial Fixed Assets	38 000	32 000	34 000	26 000
Total Fixed Assets	212 000	32 000	34 000	62 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	632 000	22 000	14 000
Total Current Assets	583 000	2 684 000	1 210 000	814 000
Total Assets	795 000	2 717 000	1 243 000	876 000
Total Equity	−208 000	1 488 000	−232 000	−409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	178 000	205 000	252 000	837 000
Creditors	188 000	317 000	179 000	150 000
Unpaid Taxes	78 000	58 000	57 000	20 000
Dividends	0	0	0	0
Other Current Debt	446 000	582 000	912 000	277 000
Total Current Debt	825 000	1 024 000	1 223 000	447 000
Total Equity and Debt	795 000	2 717 000	1 243 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	815,38 %	115,59 %	−76,29 %	145,48 %
Debt-to-Equity Ratio	−0,86	0,14	−1,09	−2,05
Operating Profit Margin	−582,92 %	72,48 %	25,38 %	−357,86 %
Current Ratio	0,71	2,62	0,99	1,82
Quick Ratio	0,71	2,62	0,99	1,82
Equity Ratio	−0,26	0,55	−0,19	−0,47
Gross Profit Margin	97,86 %	98,85 %	96,21 %	100 %