QUALITY EDVARD GRIEG AS

5007 BERGEN

Finances

Share Ownership

Return on Equity

17,91 %

Current Ratio

2,02

Debt-to-Equity Ratio

4,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 647 000	26 821 000	26 563 000	34 990 000
Net Income	10 595 000	4 119 000	2 757 000	7 943 000
Total Assets	329 900 000	333 033 000	338 736 000	346 690 000
Total Equity	59 141 000	59 061 000	58 344 000	56 972 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 647 000	26 821 000	26 563 000	34 990 000
Expenditure	15 367 000	15 461 000	15 531 000	15 636 000
Operating Profit	22 280 000	11 359 000	11 033 000	19 353 000
Financial Income	525 000	237 000	274 000	375 000
Financial Costs	9 221 000	6 315 000	7 772 000	9 545 000
Financial Balance	−8 696 000	−6 078 000	−7 498 000	−9 170 000
Earnings Before Tax	13 584 000	5 281 000	3 534 000	10 184 000
Tax	2 988 000	1 162 000	778 000	2 240 000
Net Income	10 595 000	4 119 000	2 757 000	7 943 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 236 000	309 266 000	321 298 000	333 376 000
Total Current Assets	32 664 000	23 767 000	17 438 000	13 314 000
Total Assets	329 900 000	333 033 000	338 736 000	346 690 000
Total Retained Equity	21 714 000	21 633 000	20 916 000	19 544 000
Total Equity	59 141 000	59 061 000	58 344 000	56 972 000
Total Long-Term Debt	254 571 000	267 549 000	277 097 000	279 959 000
Total Current Debt	16 187 000	6 423 000	3 295 000	9 759 000
Total Equity and Debt	329 900 000	333 033 000	338 736 000	346 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 647 000	26 821 000	26 563 000	34 990 000
Other Income	0	0	0	0
Revenue	37 647 000	26 821 000	26 563 000	34 990 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 741 000	11 742 000	11 788 000	11 814 000
Impairment	0	0	0	0
Expenditure	15 367 000	15 461 000	15 531 000	15 636 000
Operating Profit	22 280 000	11 359 000	11 033 000	19 353 000
Financial Income	525 000	237 000	274 000	375 000
Financial Costs	9 221 000	6 315 000	7 772 000	9 545 000
Financial Balance	−8 696 000	−6 078 000	−7 498 000	−9 170 000
Dividends	0	0	0	0
Net Income	10 595 000	4 119 000	2 757 000	7 943 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	296 436 000	308 145 000	319 854 000	331 563 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	125 000	157 000	190 000	269 000
Total Tangible Assets	296 561 000	308 302 000	320 044 000	331 832 000
Total Fiancial Fixed Assets	675 000	964 000	1 254 000	1 544 000
Total Fixed Assets	297 236 000	309 266 000	321 298 000	333 376 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	32 664 000	23 767 000	17 438 000	13 314 000
Total Assets	329 900 000	333 033 000	338 736 000	346 690 000
Total Equity	59 141 000	59 061 000	58 344 000	56 972 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 571 000	267 549 000	277 097 000	279 959 000
Creditors	26 000	21 000	20 000	0
Unpaid Taxes	1 545 000	1 449 000	968 000	1 444 000
Dividends	0	0	0	0
Other Current Debt	14 616 000	4 953 000	2 307 000	8 315 000
Total Current Debt	16 187 000	6 423 000	3 295 000	9 759 000
Total Equity and Debt	329 900 000	333 033 000	338 736 000	346 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,91 %	6,97 %	4,73 %	13,94 %
Debt-to-Equity Ratio	4,3	4,53	4,75	4,91
Operating Profit Margin	59,18 %	42,35 %	41,54 %	55,31 %
Current Ratio	2,02	3,7	5,29	1,36
Quick Ratio	2,02	3,7	5,29	1,36
Equity Ratio	0,18	0,18	0,17	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %