QUINSGAARD AS

3239 SANDEFJORD

Finances

Return on Equity

3,33 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	863 000	1 362 000	1 115 000	1 220 000
Net Income	1 478 000	1 726 000	1 855 000	2 148 000
Total Assets	47 085 000	48 546 000	47 020 000	46 307 000
Total Equity	44 363 000	47 885 000	46 420 000	45 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	863 000	1 362 000	1 115 000	1 220 000
Expenditure	237 000	658 000	168 000	212 000
Operating Profit	626 000	705 000	947 000	1 009 000
Financial Income	1 271 000	1 508 000	1 444 000	1 737 000
Financial Costs	2 000	0	13 000	0
Financial Balance	1 269 000	1 508 000	1 431 000	1 737 000
Earnings Before Tax	1 895 000	2 213 000	2 379 000	2 746 000
Tax	417 000	487 000	524 000	598 000
Net Income	1 478 000	1 726 000	1 855 000	2 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 577 000	47 428 000	45 995 000	43 974 000
Total Current Assets	2 508 000	1 118 000	1 024 000	2 333 000
Total Assets	47 085 000	48 546 000	47 020 000	46 307 000
Total Retained Equity	44 333 000	47 855 000	46 390 000	45 565 000
Total Equity	44 363 000	47 885 000	46 420 000	45 595 000
Total Long-Term Debt	7 000	7 000	0	0
Total Current Debt	2 716 000	654 000	599 000	712 000
Total Equity and Debt	47 085 000	48 546 000	47 020 000	46 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	863 000	1 349 000	1 115 000	1 186 000
Other Income	0	13 000	0	34 000
Revenue	863 000	1 362 000	1 115 000	1 220 000
Cost of Goods Sold	2 000	79 000	0	38 000
Salary Costs	0	0	0	0
Depreciation	31 000	0	0	0
Impairment	0	0	0	0
Expenditure	237 000	658 000	168 000	212 000
Operating Profit	626 000	705 000	947 000	1 009 000
Financial Income	1 271 000	1 508 000	1 444 000	1 737 000
Financial Costs	2 000	0	13 000	0
Financial Balance	1 269 000	1 508 000	1 431 000	1 737 000
Dividends	5 000 000	300 000	0	0
Net Income	1 478 000	1 726 000	1 855 000	2 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	743 000	774 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	743 000	774 000	0	0
Total Fiancial Fixed Assets	43 835 000	46 654 000	45 995 000	43 974 000
Total Fixed Assets	44 577 000	47 428 000	45 995 000	43 974 000
Stock	0	0	0	0
Total Investments	2 117 000	507 000	0	0
Cash, Bank	261 000	303 000	912 000	1 007 000
Total Current Assets	2 508 000	1 118 000	1 024 000	2 333 000
Total Assets	47 085 000	48 546 000	47 020 000	46 307 000
Total Equity	44 363 000	47 885 000	46 420 000	45 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	7 000	0	0
Creditors	3 000	0	0	14 000
Unpaid Taxes	0	172 000	73 000	99 000
Dividends	5 000 000	300 000	0	0
Other Current Debt	2 296 000	3 000	2 000	1 000
Total Current Debt	2 716 000	654 000	599 000	712 000
Total Equity and Debt	47 085 000	48 546 000	47 020 000	46 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,33 %	3,6 %	4 %	4,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	72,54 %	51,76 %	84,93 %	82,7 %
Current Ratio	0,92	1,71	1,71	3,28
Quick Ratio	0,92	1,71	1,71	3,28
Equity Ratio	0,94	0,99	0,99	0,98
Gross Profit Margin	99,77 %	94,2 %	100 %	96,89 %