Q-BRANDS AS

3223 SANDEFJORD

Finances

Return on Equity

−12,61 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	0	1 839 000	3 467 000
Net Income	−401 000	−198 000	9 000	0
Total Assets	3 819 000	3 452 000	1 998 000	2 228 000
Total Equity	3 181 000	2 142 000	450 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	0	1 839 000	3 467 000
Expenditure	51 000	134 000	1 745 000	3 386 000
Operating Profit	−44 000	−133 000	93 000	81 000
Financial Income	0	1 000	0	1 000
Financial Costs	357 000	65 000	85 000	82 000
Financial Balance	−357 000	−64 000	−85 000	−81 000
Earnings Before Tax	−401 000	−198 000	9 000	0
Tax	0	0	0	0
Net Income	−401 000	−198 000	9 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 811 000	450 000	58 000	89 000
Total Current Assets	9 000	3 002 000	1 940 000	2 139 000
Total Assets	3 819 000	3 452 000	1 998 000	2 228 000
Total Retained Equity	−1 449 000	−1 048 000	−850 000	−859 000
Total Equity	3 181 000	2 142 000	450 000	441 000
Total Long-Term Debt	80 000	800 000	800 000	800 000
Total Current Debt	558 000	510 000	749 000	987 000
Total Equity and Debt	3 819 000	3 452 000	1 998 000	2 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	649 000	3 125 000
Other Income	7 000	0	1 190 000	342 000
Revenue	7 000	0	1 839 000	3 467 000
Cost of Goods Sold	3 000	−5 000	515 000	1 568 000
Salary Costs	0	19 000	703 000	1 115 000
Depreciation	0	8 000	31 000	38 000
Impairment	0	0	0	0
Expenditure	51 000	134 000	1 745 000	3 386 000
Operating Profit	−44 000	−133 000	93 000	81 000
Financial Income	0	1 000	0	1 000
Financial Costs	357 000	65 000	85 000	82 000
Financial Balance	−357 000	−64 000	−85 000	−81 000
Dividends	0	0	0	0
Net Income	−401 000	−198 000	9 000	0

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	8 000	39 000
Total Tangible Assets	0	0	8 000	39 000
Total Fiancial Fixed Assets	3 811 000	450 000	50 000	50 000
Total Fixed Assets	3 811 000	450 000	58 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	1 000	43 000
Total Current Assets	9 000	3 002 000	1 940 000	2 139 000
Total Assets	3 819 000	3 452 000	1 998 000	2 228 000
Total Equity	3 181 000	2 142 000	450 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	800 000	800 000	800 000
Creditors	12 000	15 000	90 000	261 000
Unpaid Taxes	0	0	59 000	235 000
Dividends	0	0	0	0
Other Current Debt	31 000	138 000	138 000	182 000
Total Current Debt	558 000	510 000	749 000	987 000
Total Equity and Debt	3 819 000	3 452 000	1 998 000	2 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,61 %	−9,24 %	2 %	0 %
Debt-to-Equity Ratio	0,03	0,37	1,78	1,81
Operating Profit Margin	−628,57 %	-	5,06 %	2,34 %
Current Ratio	0,02	5,89	2,59	2,17
Quick Ratio	0,02	5,89	2,59	2,17
Equity Ratio	0,83	0,62	0,23	0,2
Gross Profit Margin	57,14 %	-	72 %	54,77 %