QMATEC GROUP AS

4980 GJERSTAD

Finances

Return on Equity

0,02 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 301 000	1 966 000	1 938 000	1 421 000
Net Income	1 000	6 165 000	76 000	−815 000
Total Assets	8 599 000	13 492 000	2 104 000	1 436 000
Total Equity	5 598 000	9 598 000	−2 678 000	−2 754 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 301 000	1 966 000	1 938 000	1 421 000
Expenditure	2 272 000	1 339 000	1 853 000	2 223 000
Operating Profit	29 000	627 000	84 000	−802 000
Financial Income	0	5 687 000	0	0
Financial Costs	2 000	3 000	8 000	13 000
Financial Balance	−2 000	5 684 000	−8 000	−13 000
Earnings Before Tax	27 000	6 311 000	76 000	−815 000
Tax	26 000	146 000	0	0
Net Income	1 000	6 165 000	76 000	−815 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 111 000	6 111 000	0	5 000
Total Current Assets	2 488 000	7 381 000	2 104 000	1 431 000
Total Assets	8 599 000	13 492 000	2 104 000	1 436 000
Total Retained Equity	0	2 408 000	−3 756 000	−3 832 000
Total Equity	5 598 000	9 598 000	−2 678 000	−2 754 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 001 000	3 895 000	4 783 000	4 190 000
Total Equity and Debt	8 599 000	13 492 000	2 104 000	1 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 301 000	1 966 000	1 938 000	1 421 000
Other Income	0	0	0	0
Revenue	2 301 000	1 966 000	1 938 000	1 421 000
Cost of Goods Sold	393 000	−384 000	111 000	203 000
Salary Costs	1 265 000	1 294 000	1 147 000	1 374 000
Depreciation	0	0	5 000	14 000
Impairment	0	0	0	0
Expenditure	2 272 000	1 339 000	1 853 000	2 223 000
Operating Profit	29 000	627 000	84 000	−802 000
Financial Income	0	5 687 000	0	0
Financial Costs	2 000	3 000	8 000	13 000
Financial Balance	−2 000	5 684 000	−8 000	−13 000
Dividends	4 000 000	0	0	0
Net Income	1 000	6 165 000	76 000	−815 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
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	6 111 000	6 111 000	0	0
Total Fixed Assets	6 111 000	6 111 000	0	5 000
Stock	0	286 000	0	0
Total Investments	0	0	0	0
Cash, Bank	905 000	133 000	123 000	62 000
Total Current Assets	2 488 000	7 381 000	2 104 000	1 431 000
Total Assets	8 599 000	13 492 000	2 104 000	1 436 000
Total Equity	5 598 000	9 598 000	−2 678 000	−2 754 000
Short-Term Group Debt	2 470 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	84 000	1 106 000	796 000
Unpaid Taxes	301 000	322 000	408 000	231 000
Dividends	4 000 000	0	0	0
Other Current Debt	203 000	3 342 000	3 268 000	3 163 000
Total Current Debt	3 001 000	3 895 000	4 783 000	4 190 000
Total Equity and Debt	8 599 000	13 492 000	2 104 000	1 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,02 %	64,23 %	−2,84 %	29,59 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	1,26 %	31,89 %	4,33 %	−56,44 %
Current Ratio	0,83	1,89	0,44	0,34
Quick Ratio	0,83	2,05	0,44	0,34
Equity Ratio	0,65	0,71	−1,27	−1,92
Gross Profit Margin	82,92 %	119,53 %	94,27 %	85,71 %