Liquidity
Strong2.42
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Org. no. 918 703 101 · Private limited company (AS) · Active · c/o Vestby Regnskapskontor AS, Kleverveien 6, 1543, VESTBY · VESTBY · 43.320 – Joinery installation
QUALITY PROJECTS AS is a private limited company (as) registered in VESTBY since 2017. The organisation number is 918 703 101. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 6 November 2026 at 19:30
Quick overview
Based on the latest submitted annual accounts (2025) and registry data.
2.42
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
23 %
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
52.6 %
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Calculated by us
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Addresses
Not registered
Industry
Joinery installation(main industry)
F Construction › 43 Specialised construction activities › 43.3 Building completion and finishing › 43.32 Joinery installation
See the industry: largest companies and key figures →Inkluderer: Omfatter montering av dører, vinduer, dør- og vinduskarmer av tre eller andre materialer, installering av kjøkkeninnredning, garderobeskap, trapper, butikkinnredning o.l., samt innvendig ferdiggjøring som kledning av tak, vegger mv. Ekskluderer: Installasjon av automatiske dører og svingdører grupperes under: 43.29 Annet installasjonsarbeid
Institutional sector code: Private aksjeselskaper mv. (2100)
Montere og sette opp butikker og utsalgssteder i Norge. Samt og andre produkter/tjenester som naturlig høre til dette, herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak. Selskapet kan også drive med kjøp/drift av fast eiendom.
Registry status
Experiences
Loading reviews …
You must sign in with a verified email to write a review.
Financial overview
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
2.42
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
23 %
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
52.6 %
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 1,611,250 | – | – | Not enough history |
| Operating profit | 370,079 | -42,831 | -42,590 | |
| Profit before tax | 370,930 | -40,490 | -41,925 | |
| Net result | 289,326 | -31,432 | -32,805 | |
| Total assets | 763,552 | 166,162 | 197,930 | |
| Equity | 401,317 | 111,991 | 143,423 | |
| Liabilities | 362,235 | 54,171 | 54,507 |
Graphical analysis
Amounts in NOK
Balance sheet in NOK
Register of Company Accounts
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
| Total operating revenue | 1,611,250 NOK |
|---|---|
| Total operating expenses | 1,241,171 NOK |
| Operating profit | 370,079 NOK |
| Total financial income | 1,713 NOK |
| Total financial expenses | 862 NOK |
| Net financial items | 851 NOK |
| Profit before tax | 370,930 NOK |
| Net result | 289,326 NOK |
| Total current assets | 763,552 NOK |
|---|---|
| Total assets | 763,552 NOK |
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 371,317 NOK |
| Total equity | 401,317 NOK |
| Current liabilities | 316,045 NOK |
| Long-term liabilities | 46,190 NOK |
| Total debt | 362,235 NOK |
| Total equity and liabilities | 763,552 NOK |
Register of Company Accounts
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
| Total operating expenses | 42,831 NOK |
|---|---|
| Operating profit | -42,831 NOK |
| Total financial income | 2,341 NOK |
| Net financial items | 2,341 NOK |
| Profit before tax | -40,490 NOK |
| Net result | -31,432 NOK |
| Total fixed assets | 18,178 NOK |
|---|---|
| Total current assets | 147,984 NOK |
| Total assets | 166,162 NOK |
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 81,991 NOK |
| Total equity | 111,991 NOK |
| Current liabilities | 7,981 NOK |
| Long-term liabilities | 46,190 NOK |
| Total debt | 54,171 NOK |
| Total equity and liabilities | 166,162 NOK |
Register of Company Accounts
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
| Total operating expenses | 42,590 NOK |
|---|---|
| Operating profit | -42,590 NOK |
| Total financial income | 1,137 NOK |
| Total financial expenses | 472 NOK |
| Net financial items | 665 NOK |
| Profit before tax | -41,925 NOK |
| Net result | -32,805 NOK |
| Total fixed assets | 9,120 NOK |
|---|---|
| Total current assets | 188,810 NOK |
| Total assets | 197,930 NOK |
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 113,423 NOK |
| Total equity | 143,423 NOK |
| Current liabilities | 8,317 NOK |
| Long-term liabilities | 46,190 NOK |
| Total debt | 54,507 NOK |
| Total equity and liabilities | 197,930 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Calculated by us
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating marginOperating profit divided by total operating revenue. | 23 % | – | – |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 23 % | – | – |
| Equity ratioTotal equity divided by total assets. | 52.6 % | 67.4 % | 72.5 % |
| Current ratioTotal current assets divided by total current liabilities. | 2.42 | 18.54 | 22.7 |
| Debt ratioTotal liabilities divided by total equity. | 0.9 | 0.48 | 0.38 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 48.7 % | – | -20.9 % |
| Return on equityNet profit divided by total equity. | 72.1 % | -28.1 % | -22.9 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Registry data
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Structure
Overview
QUALITY PROJECTS AS
VESTBY
Registry data
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| QUALITY PROJECTS ASJoinery installation | 918 960 821 | VESTBY | – |
Registry data
Retrieved from the Brønnøysund Register Centre's official change log. Each line shows what changed, the previous value, the new value and when the change happened.
31 October 2026 at 11:40
Navn
Before: MTM NORGE AS
After: QUALITY PROJECTS AS
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Company information
Brønnøysund Register Centre · Public register
Last retrieved 6 November 2026 at 19:30
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 6 November 2026 at 19:30
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 6 November 2026 at 19:30
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 6 November 2026 at 19:30
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 6 November 2026 at 19:30
Open official sourcePublic registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sourcesTalk to Proffi
Leave your contact details and an adviser will explain how segmentation, company profiles and supplier search can support your business.