QUALITY LAB AS

4032 STAVANGER

Finances

Return on Equity

101,53 %

Current Ratio

1,52

Debt-to-Equity Ratio

2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 868 000	10 861 000	7 911 000	12 234 000
Net Income	2 383 000	1 425 000	−1 653 000	1 639 000
Total Assets	12 057 000	7 445 000	8 568 000	5 726 000
Total Equity	2 347 000	2 115 000	2 190 000	3 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 868 000	10 861 000	7 911 000	12 234 000
Expenditure	13 559 000	10 793 000	11 424 000	11 522 000
Operating Profit	2 309 000	68 000	−3 514 000	711 000
Financial Income	752 000	1 502 000	1 128 000	1 125 000
Financial Costs	204 000	154 000	41 000	42 000
Financial Balance	548 000	1 348 000	1 087 000	1 083 000
Earnings Before Tax	2 857 000	1 417 000	−2 427 000	1 794 000
Tax	474 000	−8 000	−774 000	155 000
Net Income	2 383 000	1 425 000	−1 653 000	1 639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 918 000	2 526 000	1 875 000	1 518 000
Total Current Assets	7 139 000	4 918 000	6 694 000	4 208 000
Total Assets	12 057 000	7 445 000	8 568 000	5 726 000
Total Retained Equity	1 947 000	1 715 000	1 790 000	3 443 000
Total Equity	2 347 000	2 115 000	2 190 000	3 843 000
Total Long-Term Debt	5 000 000	2 400 000	3 000 000	0
Total Current Debt	4 710 000	2 930 000	3 378 000	1 883 000
Total Equity and Debt	12 057 000	7 445 000	8 568 000	5 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 868 000	10 573 000	7 896 000	12 234 000
Other Income	0	288 000	15 000	0
Revenue	15 868 000	10 861 000	7 911 000	12 234 000
Cost of Goods Sold	1 056 000	870 000	1 650 000	761 000
Salary Costs	6 346 000	5 207 000	5 709 000	6 310 000
Depreciation	644 000	366 000	91 000	269 000
Impairment	0	0	0	0
Expenditure	13 559 000	10 793 000	11 424 000	11 522 000
Operating Profit	2 309 000	68 000	−3 514 000	711 000
Financial Income	752 000	1 502 000	1 128 000	1 125 000
Financial Costs	204 000	154 000	41 000	42 000
Financial Balance	548 000	1 348 000	1 087 000	1 083 000
Dividends	2 150 000	1 500 000	0	0
Net Income	2 383 000	1 425 000	−1 653 000	1 639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	149 000	623 000	616 000	168 000
Real Eastate	424 000	604 000	0	0
Machinery and Plant Facilities	2 088 000	40 000	104 000	184 000
Fixtures	141 000	148 000	77 000	88 000
Total Tangible Assets	2 652 000	791 000	181 000	272 000
Total Fiancial Fixed Assets	2 116 000	1 111 000	1 078 000	1 078 000
Total Fixed Assets	4 918 000	2 526 000	1 875 000	1 518 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 514 000	1 032 000	3 732 000	282 000
Total Current Assets	7 139 000	4 918 000	6 694 000	4 208 000
Total Assets	12 057 000	7 445 000	8 568 000	5 726 000
Total Equity	2 347 000	2 115 000	2 190 000	3 843 000
Short-Term Group Debt	62 000	41 000	38 000	0
Total Long-Term Debt	5 000 000	2 400 000	3 000 000	0
Creditors	778 000	206 000	419 000	288 000
Unpaid Taxes	1 122 000	803 000	1 083 000	717 000
Dividends	2 150 000	1 500 000	0	0
Other Current Debt	598 000	380 000	386 000	563 000
Total Current Debt	4 710 000	2 930 000	3 378 000	1 883 000
Total Equity and Debt	12 057 000	7 445 000	8 568 000	5 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,53 %	67,38 %	−75,48 %	42,65 %
Debt-to-Equity Ratio	2,13	1,13	1,37	0
Operating Profit Margin	14,55 %	0,63 %	−44,42 %	5,81 %
Current Ratio	1,52	1,68	1,98	2,23
Quick Ratio	1,52	1,68	1,98	2,23
Equity Ratio	0,19	0,28	0,26	0,67
Gross Profit Margin	93,35 %	91,99 %	79,14 %	93,78 %