QUALITY EIENDOM AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

228,13 %

Current Ratio

1,88

Debt-to-Equity Ratio

−91,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 987 000	4 741 000	6 043 000	323 000
Net Income	−219 000	−777 000	−255 000	−818 000
Total Assets	18 573 000	17 038 000	13 882 000	18 230 000
Total Equity	−96 000	123 000	900 000	1 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 987 000	4 741 000	6 043 000	323 000
Expenditure	9 247 000	4 696 000	5 561 000	283 000
Operating Profit	741 000	46 000	482 000	40 000
Financial Income	0	0	0	3 000
Financial Costs	960 000	823 000	738 000	862 000
Financial Balance	−960 000	−823 000	−738 000	−859 000
Earnings Before Tax	−219 000	−777 000	−255 000	−818 000
Tax	0	0	0	0
Net Income	−219 000	−777 000	−255 000	−818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 573 000	17 038 000	13 882 000	18 230 000
Total Assets	18 573 000	17 038 000	13 882 000	18 230 000
Total Retained Equity	−1 485 000	−1 266 000	−489 000	−234 000
Total Equity	−96 000	123 000	900 000	1 155 000
Total Long-Term Debt	8 811 000	12 049 000	11 480 000	12 365 000
Total Current Debt	9 859 000	4 866 000	1 503 000	4 711 000
Total Equity and Debt	18 573 000	17 038 000	13 882 000	18 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 200 000	4 500 000	5 700 000	0
Other Income	787 000	241 000	343 000	323 000
Revenue	9 987 000	4 741 000	6 043 000	323 000
Cost of Goods Sold	8 577 000	4 224 000	5 375 000	0
Salary Costs	59 000	256 000	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 247 000	4 696 000	5 561 000	283 000
Operating Profit	741 000	46 000	482 000	40 000
Financial Income	0	0	0	3 000
Financial Costs	960 000	823 000	738 000	862 000
Financial Balance	−960 000	−823 000	−738 000	−859 000
Dividends	0	0	0	0
Net Income	−219 000	−777 000	−255 000	−818 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	17 033 000	16 447 000	13 851 000	18 186 000
Total Investments	0	0	0	0
Cash, Bank	431 000	66 000	6 000	20 000
Total Current Assets	18 573 000	17 038 000	13 882 000	18 230 000
Total Assets	18 573 000	17 038 000	13 882 000	18 230 000
Total Equity	−96 000	123 000	900 000	1 155 000
Short-Term Group Debt	5 400 000	4 077 000	735 000	1 086 000
Total Long-Term Debt	8 811 000	12 049 000	11 480 000	12 365 000
Creditors	835 000	556 000	710 000	703 000
Unpaid Taxes	4 000	51 000	0	0
Dividends	0	0	0	0
Other Current Debt	219 000	182 000	58 000	64 000
Total Current Debt	9 859 000	4 866 000	1 503 000	4 711 000
Total Equity and Debt	18 573 000	17 038 000	13 882 000	18 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	228,13 %	−631,71 %	−28,33 %	−70,82 %
Debt-to-Equity Ratio	−91,78	97,96	12,76	10,71
Operating Profit Margin	7,42 %	0,97 %	7,98 %	12,38 %
Current Ratio	1,88	3,5	9,24	3,87
Quick Ratio	−2,59	−1,47	−1,12	−1,35
Equity Ratio	−0,01	0,01	0,06	0,06
Gross Profit Margin	14,12 %	10,9 %	11,05 %	100 %