QHN AS

0975 OSLO

Finances

Return on Equity

−81,98 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 000	1 161 000	2 709 000	2 623 000
Net Income	−91 000	356 000	264 000	539 000
Total Assets	300 000	566 000	1 032 000	602 000
Total Equity	111 000	202 000	100 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 000	1 161 000	2 709 000	2 623 000
Expenditure	138 000	706 000	2 365 000	1 384 000
Operating Profit	−116 000	455 000	344 000	1 239 000
Financial Income	0	6 000	10 000	−583 000
Financial Costs	0	4 000	15 000	19 000
Financial Balance	0	2 000	−5 000	−602 000
Earnings Before Tax	−116 000	457 000	339 000	637 000
Tax	−26 000	101 000	75 000	97 000
Net Income	−91 000	356 000	264 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	303 000	614 000	433 000
Total Current Assets	3 000	263 000	417 000	169 000
Total Assets	300 000	566 000	1 032 000	602 000
Total Retained Equity	11 000	102 000	0	−65 000
Total Equity	111 000	202 000	100 000	35 000
Total Long-Term Debt	0	5 000	291 000	0
Total Current Debt	189 000	360 000	641 000	567 000
Total Equity and Debt	300 000	566 000	1 032 000	602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 161 000	2 592 000	2 623 000
Other Income	23 000	0	117 000	0
Revenue	23 000	1 161 000	2 709 000	2 623 000
Cost of Goods Sold	2 000	245 000	1 899 000	792 000
Salary Costs	0	0	0	−16 000
Depreciation	5 000	13 000	48 000	49 000
Impairment	0	0	0	0
Expenditure	138 000	706 000	2 365 000	1 384 000
Operating Profit	−116 000	455 000	344 000	1 239 000
Financial Income	0	6 000	10 000	−583 000
Financial Costs	0	4 000	15 000	19 000
Financial Balance	0	2 000	−5 000	−602 000
Dividends	0	254 000	199 000	680 000
Net Income	−91 000	356 000	264 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	0	0	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	17 000	329 000	99 000
Total Tangible Assets	12 000	17 000	329 000	99 000
Total Fiancial Fixed Assets	264 000	286 000	286 000	286 000
Total Fixed Assets	297 000	303 000	614 000	433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	147 000	39 000
Total Current Assets	3 000	263 000	417 000	169 000
Total Assets	300 000	566 000	1 032 000	602 000
Total Equity	111 000	202 000	100 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	291 000	0
Creditors	0	1 000	275 000	33 000
Unpaid Taxes	−1 000	−7 000	157 000	202 000
Dividends	0	254 000	199 000	680 000
Other Current Debt	190 000	0	0	6 000
Total Current Debt	189 000	360 000	641 000	567 000
Total Equity and Debt	300 000	566 000	1 032 000	602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,98 %	176,24 %	264 %	1 540 %
Debt-to-Equity Ratio	0	0,02	2,91	0
Operating Profit Margin	−504,35 %	39,19 %	12,7 %	47,24 %
Current Ratio	0,02	0,73	0,65	0,3
Quick Ratio	0,02	0,73	0,65	0,3
Equity Ratio	0,37	0,36	0,1	0,06
Gross Profit Margin	91,3 %	78,9 %	29,9 %	69,81 %