KUBE ENERGY AS

0349 OSLO

Finances

Share Ownership

Return on Equity

655,67 %

Current Ratio

1,05

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 408 000	5 689 000	1 105 000	1 802 000
Net Income	−1 849 000	1 704 000	−273 000	−59 000
Total Assets	1 802 000	2 645 000	435 000	354 000
Total Equity	−282 000	1 567 000	−138 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 408 000	5 689 000	1 105 000	1 802 000
Expenditure	5 261 000	3 980 000	1 366 000	1 859 000
Operating Profit	−1 853 000	1 709 000	−261 000	−57 000
Financial Income	130 000	17 000	0	7 000
Financial Costs	126 000	22 000	12 000	9 000
Financial Balance	4 000	−5 000	−12 000	−2 000
Earnings Before Tax	−1 849 000	1 704 000	−273 000	−59 000
Tax	0	0	0	0
Net Income	−1 849 000	1 704 000	−273 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	1 000	1 000
Total Current Assets	1 802 000	2 644 000	434 000	353 000
Total Assets	1 802 000	2 645 000	435 000	354 000
Total Retained Equity	−3 009 000	−1 160 000	−2 865 000	−2 592 000
Total Equity	−282 000	1 567 000	−138 000	135 000
Total Long-Term Debt	367 000	0	0	0
Total Current Debt	1 716 000	1 078 000	573 000	219 000
Total Equity and Debt	1 802 000	2 645 000	435 000	354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 408 000	5 689 000	1 265 000	727 000
Other Income	0	0	−159 000	1 075 000
Revenue	3 408 000	5 689 000	1 105 000	1 802 000
Cost of Goods Sold	0	240 000	469 000	594 000
Salary Costs	2 151 000	2 142 000	686 000	884 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 261 000	3 980 000	1 366 000	1 859 000
Operating Profit	−1 853 000	1 709 000	−261 000	−57 000
Financial Income	130 000	17 000	0	7 000
Financial Costs	126 000	22 000	12 000	9 000
Financial Balance	4 000	−5 000	−12 000	−2 000
Dividends	0	0	0	0
Net Income	−1 849 000	1 704 000	−273 000	−59 000

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	1 000	1 000	1 000
Total Fixed Assets	0	1 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	35 000	412 000	172 000
Total Current Assets	1 802 000	2 644 000	434 000	353 000
Total Assets	1 802 000	2 645 000	435 000	354 000
Total Equity	−282 000	1 567 000	−138 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	367 000	0	0	0
Creditors	560 000	167 000	12 000	15 000
Unpaid Taxes	137 000	11 000	75 000	64 000
Dividends	0	0	0	0
Other Current Debt	1 019 000	900 000	487 000	139 000
Total Current Debt	1 716 000	1 078 000	573 000	219 000
Total Equity and Debt	1 802 000	2 645 000	435 000	354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	655,67 %	108,74 %	197,83 %	−43,7 %
Debt-to-Equity Ratio	−1,3	0	−0	0
Operating Profit Margin	−54,37 %	30,04 %	−23,62 %	−3,16 %
Current Ratio	1,05	2,45	0,76	1,61
Quick Ratio	1,05	2,45	0,76	1,61
Equity Ratio	−0,16	0,59	−0,32	0,38
Gross Profit Margin	100 %	95,78 %	57,56 %	67,04 %