QUALITY RENHOLD AS

5165 LAKSEVÅG

Finances

Share Ownership

Return on Equity

34,88 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 706 000	1 492 000	2 238 000	2 216 000
Net Income	113 000	191 000	−91 000	−270 000
Total Assets	619 000	538 000	474 000	644 000
Total Equity	324 000	210 000	20 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 706 000	1 492 000	2 238 000	2 216 000
Expenditure	1 561 000	1 248 000	2 355 000	2 561 000
Operating Profit	144 000	244 000	−117 000	−345 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	1 000	1 000	0	−1 000
Earnings Before Tax	145 000	245 000	−117 000	−345 000
Tax	32 000	54 000	−26 000	−75 000
Net Income	113 000	191 000	−91 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	51 000	122 000	93 000
Total Current Assets	600 000	487 000	352 000	550 000
Total Assets	619 000	538 000	474 000	644 000
Total Retained Equity	294 000	180 000	−10 000	81 000
Total Equity	324 000	210 000	20 000	111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	295 000	327 000	455 000	533 000
Total Equity and Debt	619 000	538 000	474 000	644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 706 000	1 492 000	2 238 000	2 216 000
Other Income	0	0	0	0
Revenue	1 706 000	1 492 000	2 238 000	2 216 000
Cost of Goods Sold	88 000	24 000	180 000	161 000
Salary Costs	1 242 000	955 000	1 929 000	2 082 000
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	1 561 000	1 248 000	2 355 000	2 561 000
Operating Profit	144 000	244 000	−117 000	−345 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	1 000	1 000	0	−1 000
Dividends	0	0	0	0
Net Income	113 000	191 000	−91 000	−270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	51 000	105 000	79 000
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	0	0	17 000	14 000
Total Fixed Assets	19 000	51 000	122 000	93 000
Stock	117 000	123 000	71 000	71 000
Total Investments	0	0	0	0
Cash, Bank	291 000	208 000	70 000	146 000
Total Current Assets	600 000	487 000	352 000	550 000
Total Assets	619 000	538 000	474 000	644 000
Total Equity	324 000	210 000	20 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	90 000	59 000	20 000
Unpaid Taxes	126 000	98 000	144 000	218 000
Dividends	0	0	0	0
Other Current Debt	148 000	138 000	251 000	295 000
Total Current Debt	295 000	327 000	455 000	533 000
Total Equity and Debt	619 000	538 000	474 000	644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,88 %	90,95 %	−455 %	−243,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,44 %	16,35 %	−5,23 %	−15,57 %
Current Ratio	2,03	1,49	0,77	1,03
Quick Ratio	3,37	2,39	0,92	1,19
Equity Ratio	0,52	0,39	0,04	0,17
Gross Profit Margin	94,84 %	98,39 %	91,96 %	92,73 %