QSST AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

−11,07 %

Current Ratio

3,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 241 000	2 550 000	2 805 000	10 666 000
Net Income	−93 000	611 000	−219 000	−49 000
Total Assets	1 125 000	1 585 000	894 000	1 955 000
Total Equity	840 000	933 000	322 000	541 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 241 000	2 550 000	2 805 000	10 666 000
Expenditure	1 327 000	1 932 000	2 992 000	10 679 000
Operating Profit	−86 000	618 000	−187 000	−13 000
Financial Income	0	0	0	41 000
Financial Costs	7 000	7 000	32 000	77 000
Financial Balance	−7 000	−7 000	−32 000	−36 000
Earnings Before Tax	−93 000	611 000	−219 000	−49 000
Tax	0	0	0	0
Net Income	−93 000	611 000	−219 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	72 000	72 000	64 000
Total Current Assets	1 052 000	1 513 000	822 000	1 892 000
Total Assets	1 125 000	1 585 000	894 000	1 955 000
Total Retained Equity	740 000	833 000	222 000	441 000
Total Equity	840 000	933 000	322 000	541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	284 000	652 000	572 000	1 415 000
Total Equity and Debt	1 125 000	1 585 000	894 000	1 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 241 000	2 550 000	2 793 000	10 042 000
Other Income	0	0	12 000	624 000
Revenue	1 241 000	2 550 000	2 805 000	10 666 000
Cost of Goods Sold	1 069 000	1 392 000	1 498 000	5 878 000
Salary Costs	143 000	217 000	845 000	2 034 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 327 000	1 932 000	2 992 000	10 679 000
Operating Profit	−86 000	618 000	−187 000	−13 000
Financial Income	0	0	0	41 000
Financial Costs	7 000	7 000	32 000	77 000
Financial Balance	−7 000	−7 000	−32 000	−36 000
Dividends	0	0	0	0
Net Income	−93 000	611 000	−219 000	−49 000

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	72 000	72 000	72 000	64 000
Total Fixed Assets	72 000	72 000	72 000	64 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 041 000	387 000	341 000	1 306 000
Total Current Assets	1 052 000	1 513 000	822 000	1 892 000
Total Assets	1 125 000	1 585 000	894 000	1 955 000
Total Equity	840 000	933 000	322 000	541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	301 000	215 000	410 000
Unpaid Taxes	8 000	79 000	62 000	136 000
Dividends	0	0	0	0
Other Current Debt	274 000	272 000	295 000	869 000
Total Current Debt	284 000	652 000	572 000	1 415 000
Total Equity and Debt	1 125 000	1 585 000	894 000	1 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,07 %	65,49 %	−68,01 %	−9,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,93 %	24,24 %	−6,67 %	−0,12 %
Current Ratio	3,7	2,32	1,44	1,34
Quick Ratio	3,7	2,32	1,44	1,34
Equity Ratio	0,75	0,59	0,36	0,28
Gross Profit Margin	13,86 %	45,41 %	46,6 %	44,89 %