QF TECHNOLOGIES AS

3630 RØDBERG

Finances

Return on Equity

−249,78 %

Current Ratio

0,4

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 144 000	−923 000	−1 302 000	−637 000
Total Assets	1 827 000	3 193 000	1 076 000	2 307 000
Total Equity	458 000	1 602 000	−976 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 137 000	898 000	1 287 000	1 605 000
Operating Profit	−1 136 000	−898 000	−1 287 000	−1 604 000
Financial Income	7 000	2 000	7 000	1 000 000
Financial Costs	14 000	27 000	23 000	33 000
Financial Balance	−7 000	−25 000	−16 000	967 000
Earnings Before Tax	−1 144 000	−923 000	−1 302 000	−637 000
Tax	0	0	0	0
Net Income	−1 144 000	−923 000	−1 302 000	−637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 658 000	1 323 000	951 000	631 000
Total Current Assets	169 000	1 869 000	125 000	1 676 000
Total Assets	1 827 000	3 193 000	1 076 000	2 307 000
Total Retained Equity	−7 942 000	−6 798 000	−5 876 000	−4 573 000
Total Equity	458 000	1 602 000	−976 000	327 000
Total Long-Term Debt	951 000	1 188 000	1 425 000	1 661 000
Total Current Debt	418 000	403 000	627 000	319 000
Total Equity and Debt	1 827 000	3 193 000	1 076 000	2 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	191 000	0	0	0
Salary Costs	196 000	214 000	357 000	405 000
Depreciation	92 000	108 000	70 000	44 000
Impairment	0	0	0	0
Expenditure	1 137 000	898 000	1 287 000	1 605 000
Operating Profit	−1 136 000	−898 000	−1 287 000	−1 604 000
Financial Income	7 000	2 000	7 000	1 000 000
Financial Costs	14 000	27 000	23 000	33 000
Financial Balance	−7 000	−25 000	−16 000	967 000
Dividends	0	0	0	0
Net Income	−1 144 000	−923 000	−1 302 000	−637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 397 000	1 150 000	780 000	485 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	111 000	111 000	111 000	111 000
Fixtures	104 000	46 000	44 000	34 000
Total Tangible Assets	215 000	157 000	155 000	145 000
Total Fiancial Fixed Assets	46 000	16 000	16 000	1 000
Total Fixed Assets	1 658 000	1 323 000	951 000	631 000
Stock	94 000	94 000	94 000	94 000
Total Investments	0	0	0	0
Cash, Bank	69 000	1 775 000	30 000	1 581 000
Total Current Assets	169 000	1 869 000	125 000	1 676 000
Total Assets	1 827 000	3 193 000	1 076 000	2 307 000
Total Equity	458 000	1 602 000	−976 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	951 000	1 188 000	1 425 000	1 661 000
Creditors	97 000	170 000	112 000	27 000
Unpaid Taxes	0	0	0	73 000
Dividends	0	0	0	0
Other Current Debt	321 000	234 000	515 000	219 000
Total Current Debt	418 000	403 000	627 000	319 000
Total Equity and Debt	1 827 000	3 193 000	1 076 000	2 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−249,78 %	−57,62 %	133,4 %	−194,8 %
Debt-to-Equity Ratio	2,08	0,74	−1,46	5,08
Operating Profit Margin	-	-	-	-
Current Ratio	0,4	4,64	0,2	5,25
Quick Ratio	0,52	6,05	0,23	7,45
Equity Ratio	0,25	0,5	−0,91	0,14
Gross Profit Margin	-	-	-	-