QUALITYDRILLING AS

6518 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−9,57 %

Current Ratio

0,85

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 889 000	3 021 000	3 186 000	3 554 000
Net Income	−138 000	197 000	−583 000	33 000
Total Assets	5 777 000	6 222 000	6 155 000	6 624 000
Total Equity	1 442 000	1 881 000	1 763 000	2 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 889 000	3 021 000	3 186 000	3 554 000
Expenditure	2 814 000	2 818 000	3 168 000	3 393 000
Operating Profit	75 000	202 000	18 000	162 000
Financial Income	18 000	95 000	0	16 000
Financial Costs	231 000	99 000	601 000	146 000
Financial Balance	−213 000	−4 000	−601 000	−130 000
Earnings Before Tax	−138 000	197 000	−583 000	33 000
Tax	0	0	0	0
Net Income	−138 000	197 000	−583 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 199 000	5 199 000	5 209 000	5 218 000
Total Current Assets	578 000	1 023 000	947 000	1 406 000
Total Assets	5 777 000	6 222 000	6 155 000	6 624 000
Total Retained Equity	1 408 000	1 847 000	1 729 000	2 462 000
Total Equity	1 442 000	1 881 000	1 763 000	2 496 000
Total Long-Term Debt	3 658 000	3 632 000	3 616 000	3 188 000
Total Current Debt	677 000	710 000	776 000	941 000
Total Equity and Debt	5 777 000	6 222 000	6 155 000	6 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 616 000	2 736 000	2 899 000	3 281 000
Other Income	273 000	285 000	288 000	273 000
Revenue	2 889 000	3 021 000	3 186 000	3 554 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 118 000	2 224 000	2 611 000	2 256 000
Depreciation	0	9 000	9 000	24 000
Impairment	0	0	0	0
Expenditure	2 814 000	2 818 000	3 168 000	3 393 000
Operating Profit	75 000	202 000	18 000	162 000
Financial Income	18 000	95 000	0	16 000
Financial Costs	231 000	99 000	601 000	146 000
Financial Balance	−213 000	−4 000	−601 000	−130 000
Dividends	300 000	80 000	150 000	250 000
Net Income	−138 000	197 000	−583 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 199 000	5 199 000	5 199 000	5 199 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	19 000
Total Tangible Assets	5 199 000	5 199 000	5 209 000	5 218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 199 000	5 199 000	5 209 000	5 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	550 000	344 000	376 000	403 000
Total Current Assets	578 000	1 023 000	947 000	1 406 000
Total Assets	5 777 000	6 222 000	6 155 000	6 624 000
Total Equity	1 442 000	1 881 000	1 763 000	2 496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 658 000	3 632 000	3 616 000	3 188 000
Creditors	8 000	15 000	20 000	18 000
Unpaid Taxes	116 000	355 000	309 000	315 000
Dividends	300 000	80 000	150 000	250 000
Other Current Debt	254 000	259 000	297 000	358 000
Total Current Debt	677 000	710 000	776 000	941 000
Total Equity and Debt	5 777 000	6 222 000	6 155 000	6 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,57 %	10,47 %	−33,07 %	1,32 %
Debt-to-Equity Ratio	2,54	1,93	2,05	1,28
Operating Profit Margin	2,6 %	6,69 %	0,56 %	4,56 %
Current Ratio	0,85	1,44	1,22	1,49
Quick Ratio	0,85	1,44	1,22	1,49
Equity Ratio	0,25	0,3	0,29	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %