QVALE AS

2320 FURNES

Finances

Return on Equity

12,85 %

Current Ratio

172,27

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 044 000	3 018 000	2 989 000	2 616 000
Total Assets	32 080 000	32 656 000	31 638 000	30 720 000
Total Equity	23 697 000	21 313 000	18 295 000	15 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	28 000	24 000	27 000	45 000
Operating Profit	−28 000	−24 000	−27 000	−45 000
Financial Income	3 497 000	3 373 000	3 542 000	3 304 000
Financial Costs	426 000	330 000	526 000	643 000
Financial Balance	3 071 000	3 043 000	3 016 000	2 661 000
Earnings Before Tax	3 044 000	3 018 000	2 989 000	2 616 000
Tax	0	0	0	0
Net Income	3 044 000	3 018 000	2 989 000	2 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 395 000	26 395 000	26 395 000	26 395 000
Total Current Assets	5 685 000	6 261 000	5 243 000	4 325 000
Total Assets	32 080 000	32 656 000	31 638 000	30 720 000
Total Retained Equity	18 187 000	15 802 000	12 784 000	9 795 000
Total Equity	23 697 000	21 313 000	18 295 000	15 306 000
Total Long-Term Debt	8 350 000	10 850 000	12 850 000	14 850 000
Total Current Debt	33 000	493 000	493 000	564 000
Total Equity and Debt	32 080 000	32 656 000	31 638 000	30 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	24 000	27 000	45 000
Operating Profit	−28 000	−24 000	−27 000	−45 000
Financial Income	3 497 000	3 373 000	3 542 000	3 304 000
Financial Costs	426 000	330 000	526 000	643 000
Financial Balance	3 071 000	3 043 000	3 016 000	2 661 000
Dividends	0	0	0	0
Net Income	3 044 000	3 018 000	2 989 000	2 616 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	26 395 000	26 395 000	26 395 000	26 395 000
Total Fixed Assets	26 395 000	26 395 000	26 395 000	26 395 000
Stock	0	0	0	0
Total Investments	887 000	1 189 000	1 743 000	680 000
Cash, Bank	3 351 000	3 361 000	3 479 000	3 491 000
Total Current Assets	5 685 000	6 261 000	5 243 000	4 325 000
Total Assets	32 080 000	32 656 000	31 638 000	30 720 000
Total Equity	23 697 000	21 313 000	18 295 000	15 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 350 000	10 850 000	12 850 000	14 850 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	493 000	493 000	564 000
Total Current Debt	33 000	493 000	493 000	564 000
Total Equity and Debt	32 080 000	32 656 000	31 638 000	30 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,85 %	14,16 %	16,34 %	17,09 %
Debt-to-Equity Ratio	0,35	0,51	0,7	0,97
Operating Profit Margin	-	-	-	-
Current Ratio	172,27	12,7	10,63	7,67
Quick Ratio	172,27	12,7	10,63	7,67
Equity Ratio	0,74	0,65	0,58	0,5
Gross Profit Margin	-	-	-	-