QUALITAS AS

4343 ORRE

Finances

Return on Equity

6,7 %

Current Ratio

23,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 000	179 000	170 000	324 000
Net Income	62 000	−555 000	−52 000	−771 000
Total Assets	966 000	978 000	1 526 000	2 020 000
Total Equity	926 000	944 000	1 499 000	1 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 000	179 000	170 000	324 000
Expenditure	200 000	647 000	219 000	1 114 000
Operating Profit	59 000	−468 000	−48 000	−789 000
Financial Income	3 000	4 000	3 000	85 000
Financial Costs	0	95 000	7 000	68 000
Financial Balance	3 000	−91 000	−4 000	17 000
Earnings Before Tax	62 000	−560 000	−52 000	−771 000
Tax	0	−5 000	0	0
Net Income	62 000	−555 000	−52 000	−771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	89 000	228 000	288 000
Total Current Assets	959 000	890 000	1 298 000	1 732 000
Total Assets	966 000	978 000	1 526 000	2 020 000
Total Retained Equity	826 000	844 000	1 399 000	1 452 000
Total Equity	926 000	944 000	1 499 000	1 552 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	34 000	26 000	468 000
Total Equity and Debt	966 000	978 000	1 526 000	2 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 000	179 000	170 000	284 000
Other Income	0	0	0	40 000
Revenue	258 000	179 000	170 000	324 000
Cost of Goods Sold	131 000	97 000	35 000	25 000
Salary Costs	13 000	34 000	34 000	23 000
Depreciation	1 000	44 000	45 000	83 000
Impairment	0	0	0	0
Expenditure	200 000	647 000	219 000	1 114 000
Operating Profit	59 000	−468 000	−48 000	−789 000
Financial Income	3 000	4 000	3 000	85 000
Financial Costs	0	95 000	7 000	68 000
Financial Balance	3 000	−91 000	−4 000	17 000
Dividends	80 000	0	0	0
Net Income	62 000	−555 000	−52 000	−771 000

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	0	82 000	126 000	171 000
Total Tangible Assets	0	82 000	126 000	171 000
Total Fiancial Fixed Assets	7 000	7 000	102 000	117 000
Total Fixed Assets	7 000	89 000	228 000	288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	839 000	843 000	1 182 000	1 648 000
Total Current Assets	959 000	890 000	1 298 000	1 732 000
Total Assets	966 000	978 000	1 526 000	2 020 000
Total Equity	926 000	944 000	1 499 000	1 552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	8 000	7 000	11 000
Unpaid Taxes	24 000	20 000	16 000	50 000
Dividends	80 000	0	0	0
Other Current Debt	5 000	6 000	3 000	407 000
Total Current Debt	40 000	34 000	26 000	468 000
Total Equity and Debt	966 000	978 000	1 526 000	2 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,7 %	−58,79 %	−3,47 %	−49,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,87 %	−261,45 %	−28,24 %	−243,52 %
Current Ratio	23,98	26,18	49,92	3,7
Quick Ratio	23,98	26,18	49,92	3,7
Equity Ratio	0,96	0,97	0,98	0,77
Gross Profit Margin	49,22 %	45,81 %	79,41 %	92,28 %