QBIC AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

33,96 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 099 000	2 463 000	1 355 000	901 000
Net Income	574 000	362 000	−815 000	−878 000
Total Assets	3 263 000	2 496 000	1 463 000	2 217 000
Total Equity	1 690 000	1 117 000	755 000	1 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 099 000	2 463 000	1 355 000	901 000
Expenditure	2 384 000	2 008 000	2 425 000	2 055 000
Operating Profit	715 000	455 000	−1 070 000	−1 155 000
Financial Income	22 000	9 000	27 000	30 000
Financial Costs	1 000	0	1 000	0
Financial Balance	21 000	9 000	26 000	30 000
Earnings Before Tax	735 000	464 000	−1 045 000	−1 125 000
Tax	162 000	102 000	−230 000	−248 000
Net Income	574 000	362 000	−815 000	−878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	870 000	780 000	889 000	879 000
Total Current Assets	2 392 000	1 717 000	573 000	1 338 000
Total Assets	3 263 000	2 496 000	1 463 000	2 217 000
Total Retained Equity	1 590 000	1 017 000	655 000	1 470 000
Total Equity	1 690 000	1 117 000	755 000	1 570 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 572 000	1 380 000	708 000	647 000
Total Equity and Debt	3 263 000	2 496 000	1 463 000	2 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 099 000	2 463 000	1 355 000	901 000
Other Income	0	0	0	0
Revenue	3 099 000	2 463 000	1 355 000	901 000
Cost of Goods Sold	779 000	579 000	1 582 000	1 112 000
Salary Costs	1 221 000	1 081 000	497 000	493 000
Depreciation	17 000	17 000	33 000	48 000
Impairment	0	0	0	0
Expenditure	2 384 000	2 008 000	2 425 000	2 055 000
Operating Profit	715 000	455 000	−1 070 000	−1 155 000
Financial Income	22 000	9 000	27 000	30 000
Financial Costs	1 000	0	1 000	0
Financial Balance	21 000	9 000	26 000	30 000
Dividends	0	0	0	0
Net Income	574 000	362 000	−815 000	−878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	371 000	533 000	635 000	405 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	17 000	33 000	0
Fixtures	0	0	0	16 000
Total Tangible Assets	0	17 000	33 000	16 000
Total Fiancial Fixed Assets	499 000	230 000	221 000	458 000
Total Fixed Assets	870 000	780 000	889 000	879 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 048 000	1 093 000	302 000	960 000
Total Current Assets	2 392 000	1 717 000	573 000	1 338 000
Total Assets	3 263 000	2 496 000	1 463 000	2 217 000
Total Equity	1 690 000	1 117 000	755 000	1 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	278 000	178 000	122 000	75 000
Unpaid Taxes	387 000	399 000	78 000	132 000
Dividends	0	0	0	0
Other Current Debt	907 000	803 000	508 000	440 000
Total Current Debt	1 572 000	1 380 000	708 000	647 000
Total Equity and Debt	3 263 000	2 496 000	1 463 000	2 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,96 %	32,41 %	−107,95 %	−55,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,07 %	18,47 %	−78,97 %	−128,19 %
Current Ratio	1,52	1,24	0,81	2,07
Quick Ratio	1,52	1,24	0,81	2,07
Equity Ratio	0,52	0,45	0,52	0,71
Gross Profit Margin	74,86 %	76,49 %	−16,75 %	−23,42 %