CQRTS AS

0377 OSLO

Finances

Share Ownership

Return on Equity

178,35 %

Current Ratio

0,89

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 835 000	1 095 000	2 282 000	3 197 000
Net Income	412 000	−44 000	335 000	−36 000
Total Assets	1 826 000	1 389 000	1 447 000	1 685 000
Total Equity	231 000	175 000	219 000	153 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 835 000	1 095 000	2 282 000	3 197 000
Expenditure	4 288 000	1 137 000	1 840 000	3 211 000
Operating Profit	545 000	−42 000	442 000	−13 000
Financial Income	14 000	3 000	11 000	−6 000
Financial Costs	31 000	16 000	24 000	22 000
Financial Balance	−17 000	−13 000	−13 000	−28 000
Earnings Before Tax	528 000	−55 000	430 000	−42 000
Tax	116 000	−11 000	95 000	−6 000
Net Income	412 000	−44 000	335 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	452 000	511 000	571 000	632 000
Total Current Assets	1 375 000	877 000	875 000	1 052 000
Total Assets	1 826 000	1 389 000	1 447 000	1 685 000
Total Retained Equity	129 000	74 000	117 000	51 000
Total Equity	231 000	175 000	219 000	153 000
Total Long-Term Debt	51 000	35 000	47 000	31 000
Total Current Debt	1 544 000	1 178 000	1 181 000	1 501 000
Total Equity and Debt	1 826 000	1 389 000	1 447 000	1 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 822 000	1 095 000	2 271 000	3 179 000
Other Income	12 000	0	11 000	18 000
Revenue	4 835 000	1 095 000	2 282 000	3 197 000
Cost of Goods Sold	2 149 000	416 000	734 000	1 177 000
Salary Costs	1 302 000	182 000	382 000	775 000
Depreciation	60 000	60 000	81 000	89 000
Impairment	0	0	0	0
Expenditure	4 288 000	1 137 000	1 840 000	3 211 000
Operating Profit	545 000	−42 000	442 000	−13 000
Financial Income	14 000	3 000	11 000	−6 000
Financial Costs	31 000	16 000	24 000	22 000
Financial Balance	−17 000	−13 000	−13 000	−28 000
Dividends	0	0	0	0
Net Income	412 000	−44 000	335 000	−36 000

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	356 000	397 000	438 000	455 000
Fixtures	95 000	114 000	133 000	177 000
Total Tangible Assets	452 000	511 000	571 000	632 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	452 000	511 000	571 000	632 000
Stock	184 000	223 000	416 000	480 000
Total Investments	0	0	0	0
Cash, Bank	784 000	69 000	329 000	171 000
Total Current Assets	1 375 000	877 000	875 000	1 052 000
Total Assets	1 826 000	1 389 000	1 447 000	1 685 000
Total Equity	231 000	175 000	219 000	153 000
Short-Term Group Debt	998 000	708 000	1 009 000	1 185 000
Total Long-Term Debt	51 000	35 000	47 000	31 000
Creditors	177 000	91 000	19 000	162 000
Unpaid Taxes	147 000	39 000	16 000	24 000
Dividends	0	0	0	0
Other Current Debt	222 000	340 000	134 000	130 000
Total Current Debt	1 544 000	1 178 000	1 181 000	1 501 000
Total Equity and Debt	1 826 000	1 389 000	1 447 000	1 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	178,35 %	−25,14 %	152,97 %	−23,53 %
Debt-to-Equity Ratio	0,22	0,2	0,21	0,2
Operating Profit Margin	11,27 %	−3,84 %	19,37 %	−0,41 %
Current Ratio	0,89	0,74	0,74	0,7
Quick Ratio	1,01	0,92	1,14	1,03
Equity Ratio	0,13	0,13	0,15	0,09
Gross Profit Margin	55,55 %	62,01 %	67,84 %	63,18 %