QBE AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

11,44 %

Current Ratio

2,81

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 973 000	1 623 000	4 343 000	1 245 000
Net Income	247 000	141 000	910 000	158 000
Total Assets	4 326 000	3 815 000	3 587 000	2 427 000
Total Equity	2 160 000	1 913 000	1 772 000	862 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 973 000	1 623 000	4 343 000	1 245 000
Expenditure	3 637 000	1 426 000	3 152 000	1 042 000
Operating Profit	336 000	196 000	1 192 000	202 000
Financial Income	2 000	1 000	0	0
Financial Costs	21 000	16 000	25 000	0
Financial Balance	−19 000	−15 000	−25 000	0
Earnings Before Tax	317 000	182 000	1 167 000	202 000
Tax	70 000	41 000	257 000	44 000
Net Income	247 000	141 000	910 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 793 000	2 013 000	1 974 000	1 423 000
Total Current Assets	2 534 000	1 802 000	1 613 000	1 003 000
Total Assets	4 326 000	3 815 000	3 587 000	2 427 000
Total Retained Equity	2 060 000	1 813 000	1 672 000	762 000
Total Equity	2 160 000	1 913 000	1 772 000	862 000
Total Long-Term Debt	1 264 000	1 200 000	1 085 000	1 028 000
Total Current Debt	903 000	703 000	731 000	537 000
Total Equity and Debt	4 326 000	3 815 000	3 587 000	2 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 973 000	1 460 000	4 343 000	1 202 000
Other Income	0	163 000	0	43 000
Revenue	3 973 000	1 623 000	4 343 000	1 245 000
Cost of Goods Sold	2 128 000	61 000	1 419 000	56 000
Salary Costs	771 000	689 000	652 000	550 000
Depreciation	238 000	236 000	227 000	132 000
Impairment	0	0	0	0
Expenditure	3 637 000	1 426 000	3 152 000	1 042 000
Operating Profit	336 000	196 000	1 192 000	202 000
Financial Income	2 000	1 000	0	0
Financial Costs	21 000	16 000	25 000	0
Financial Balance	−19 000	−15 000	−25 000	0
Dividends	0	0	0	0
Net Income	247 000	141 000	910 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	400 000	400 000	400 000	400 000
Machinery and Plant Facilities	886 000	1 011 000	1 236 000	604 000
Fixtures	507 000	602 000	338 000	419 000
Total Tangible Assets	1 793 000	2 013 000	1 974 000	1 423 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 793 000	2 013 000	1 974 000	1 423 000
Stock	837 000	550 000	495 000	495 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	171 000	1 225 000	621 000	99 000
Total Current Assets	2 534 000	1 802 000	1 613 000	1 003 000
Total Assets	4 326 000	3 815 000	3 587 000	2 427 000
Total Equity	2 160 000	1 913 000	1 772 000	862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 264 000	1 200 000	1 085 000	1 028 000
Creditors	291 000	597 000	39 000	318 000
Unpaid Taxes	451 000	25 000	250 000	70 000
Dividends	0	0	0	0
Other Current Debt	88 000	79 000	202 000	120 000
Total Current Debt	903 000	703 000	731 000	537 000
Total Equity and Debt	4 326 000	3 815 000	3 587 000	2 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,44 %	7,37 %	51,35 %	18,33 %
Debt-to-Equity Ratio	0,59	0,63	0,61	1,19
Operating Profit Margin	8,46 %	12,08 %	27,45 %	16,22 %
Current Ratio	2,81	2,56	2,21	1,87
Quick Ratio	38,39	11,78	6,83	23,88
Equity Ratio	0,5	0,5	0,49	0,36
Gross Profit Margin	46,44 %	96,24 %	67,33 %	95,5 %