KUBBERØD AS

1580 RYGGE

Finances

Return on Equity

2 284,38 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 689 000	2 460 000	2 021 000	1 569 000
Net Income	731 000	2 278 000	118 000	2 899 000
Total Assets	1 251 000	2 702 000	1 292 000	3 836 000
Total Equity	32 000	31 000	30 000	809 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 689 000	2 460 000	2 021 000	1 569 000
Expenditure	2 258 000	2 102 000	1 867 000	2 034 000
Operating Profit	432 000	359 000	155 000	−465 000
Financial Income	400 000	2 000 000	0	3 294 000
Financial Costs	0	0	0	0
Financial Balance	400 000	2 000 000	0	3 294 000
Earnings Before Tax	831 000	2 359 000	155 000	2 829 000
Tax	101 000	81 000	37 000	−70 000
Net Income	731 000	2 278 000	118 000	2 899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	667 000	667 000	704 000	741 000
Total Current Assets	584 000	2 035 000	588 000	3 096 000
Total Assets	1 251 000	2 702 000	1 292 000	3 836 000
Total Retained Equity	14 000	13 000	12 000	791 000
Total Equity	32 000	31 000	30 000	809 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 220 000	2 671 000	1 261 000	3 028 000
Total Equity and Debt	1 251 000	2 702 000	1 292 000	3 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 689 000	2 460 000	2 021 000	0
Other Income	0	0	0	1 569 000
Revenue	2 689 000	2 460 000	2 021 000	1 569 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 998 000	1 880 000	1 687 000	1 734 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 258 000	2 102 000	1 867 000	2 034 000
Operating Profit	432 000	359 000	155 000	−465 000
Financial Income	400 000	2 000 000	0	3 294 000
Financial Costs	0	0	0	0
Financial Balance	400 000	2 000 000	0	3 294 000
Dividends	730 000	2 277 000	897 000	2 615 000
Net Income	731 000	2 278 000	118 000	2 899 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	37 000	74 000
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	667 000	667 000	667 000	667 000
Total Fixed Assets	667 000	667 000	704 000	741 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	286 000	397 000	744 000
Total Current Assets	584 000	2 035 000	588 000	3 096 000
Total Assets	1 251 000	2 702 000	1 292 000	3 836 000
Total Equity	32 000	31 000	30 000	809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	9 000	1 000
Unpaid Taxes	146 000	120 000	122 000	157 000
Dividends	730 000	2 277 000	897 000	2 615 000
Other Current Debt	237 000	230 000	234 000	255 000
Total Current Debt	1 220 000	2 671 000	1 261 000	3 028 000
Total Equity and Debt	1 251 000	2 702 000	1 292 000	3 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 284,38 %	7 348,39 %	393,33 %	358,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,07 %	14,59 %	7,67 %	−29,64 %
Current Ratio	0,48	0,76	0,47	1,02
Quick Ratio	0,48	0,76	0,47	1,02
Equity Ratio	0,03	0,01	0,02	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %