CUBE IT AS

0155 OSLO

Finances

Share Ownership

Return on Equity

143,52 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 517 000	106 085 000	84 429 000	58 676 000
Net Income	2 259 000	2 810 000	1 855 000	2 676 000
Total Assets	26 222 000	37 795 000	28 718 000	22 408 000
Total Equity	1 574 000	3 365 000	2 555 000	3 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 517 000	106 085 000	84 429 000	58 676 000
Expenditure	88 764 000	102 671 000	82 260 000	55 411 000
Operating Profit	2 754 000	3 414 000	2 169 000	3 266 000
Financial Income	152 000	213 000	218 000	187 000
Financial Costs	1 000	21 000	5 000	2 000
Financial Balance	151 000	192 000	213 000	185 000
Earnings Before Tax	2 904 000	3 606 000	2 382 000	3 451 000
Tax	645 000	797 000	527 000	775 000
Net Income	2 259 000	2 810 000	1 855 000	2 676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	44 000	91 000	91 000
Total Current Assets	26 178 000	37 752 000	28 627 000	22 317 000
Total Assets	26 222 000	37 795 000	28 718 000	22 408 000
Total Retained Equity	1 112 000	2 902 000	2 093 000	2 738 000
Total Equity	1 574 000	3 365 000	2 555 000	3 200 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 648 000	34 431 000	26 163 000	19 208 000
Total Equity and Debt	26 222 000	37 795 000	28 718 000	22 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 115 000	106 085 000	84 429 000	58 676 000
Other Income	402 000	0	0	0
Revenue	91 517 000	106 085 000	84 429 000	58 676 000
Cost of Goods Sold	81 983 000	95 295 000	76 544 000	51 743 000
Salary Costs	5 721 000	6 445 000	4 714 000	2 592 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 764 000	102 671 000	82 260 000	55 411 000
Operating Profit	2 754 000	3 414 000	2 169 000	3 266 000
Financial Income	152 000	213 000	218 000	187 000
Financial Costs	1 000	21 000	5 000	2 000
Financial Balance	151 000	192 000	213 000	185 000
Dividends	4 050 000	2 000 000	0	0
Net Income	2 259 000	2 810 000	1 855 000	2 676 000

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	44 000	44 000	91 000	91 000
Total Fixed Assets	44 000	44 000	91 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 060 000	16 138 000	7 890 000	9 414 000
Total Current Assets	26 178 000	37 752 000	28 627 000	22 317 000
Total Assets	26 222 000	37 795 000	28 718 000	22 408 000
Total Equity	1 574 000	3 365 000	2 555 000	3 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 305 000	22 258 000	18 246 000	14 990 000
Unpaid Taxes	693 000	1 365 000	1 407 000	1 039 000
Dividends	4 050 000	2 000 000	0	0
Other Current Debt	2 004 000	8 011 000	5 982 000	2 404 000
Total Current Debt	24 648 000	34 431 000	26 163 000	19 208 000
Total Equity and Debt	26 222 000	37 795 000	28 718 000	22 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,52 %	83,51 %	72,6 %	83,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,01 %	3,22 %	2,57 %	5,57 %
Current Ratio	1,06	1,1	1,09	1,16
Quick Ratio	1,06	1,1	1,09	1,16
Equity Ratio	0,06	0,09	0,09	0,14
Gross Profit Margin	10,42 %	10,17 %	9,34 %	11,82 %