CUBIT AS

5221 NESTTUN

Finances

Share Ownership

Return on Equity

−4,5 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 008 000	13 474 000	8 851 000	4 636 000
Net Income	−1 236 000	1 354 000	−829 000	−1 274 000
Total Assets	35 025 000	33 855 000	10 536 000	8 146 000
Total Equity	27 482 000	26 419 000	2 806 000	3 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 008 000	13 474 000	8 851 000	4 636 000
Expenditure	15 968 000	11 921 000	9 520 000	5 811 000
Operating Profit	−960 000	1 553 000	−669 000	−1 175 000
Financial Income	51 000	19 000	39 000	12 000
Financial Costs	327 000	218 000	199 000	111 000
Financial Balance	−276 000	−199 000	−160 000	−99 000
Earnings Before Tax	−1 236 000	1 354 000	−829 000	−1 274 000
Tax	0	0	0	0
Net Income	−1 236 000	1 354 000	−829 000	−1 274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 033 000	14 439 000	7 589 000	5 602 000
Total Current Assets	8 992 000	19 416 000	2 947 000	2 544 000
Total Assets	35 025 000	33 855 000	10 536 000	8 146 000
Total Retained Equity	−492 000	744 000	−610 000	219 000
Total Equity	27 482 000	26 419 000	2 806 000	3 636 000
Total Long-Term Debt	2 880 000	2 989 000	517 000	615 000
Total Current Debt	4 662 000	4 448 000	7 213 000	3 895 000
Total Equity and Debt	35 025 000	33 855 000	10 536 000	8 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 008 000	13 474 000	8 851 000	3 936 000
Other Income	0	0	0	700 000
Revenue	15 008 000	13 474 000	8 851 000	4 636 000
Cost of Goods Sold	0	0	0	57 000
Salary Costs	8 569 000	7 392 000	7 614 000	4 160 000
Depreciation	3 844 000	2 061 000	1 126 000	754 000
Impairment	0	0	0	0
Expenditure	15 968 000	11 921 000	9 520 000	5 811 000
Operating Profit	−960 000	1 553 000	−669 000	−1 175 000
Financial Income	51 000	19 000	39 000	12 000
Financial Costs	327 000	218 000	199 000	111 000
Financial Balance	−276 000	−199 000	−160 000	−99 000
Dividends	0	0	0	0
Net Income	−1 236 000	1 354 000	−829 000	−1 274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 152 000	14 026 000	7 450 000	5 581 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	881 000	413 000	139 000	21 000
Total Tangible Assets	881 000	413 000	139 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 033 000	14 439 000	7 589 000	5 602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 070 000	11 795 000	1 156 000	610 000
Total Current Assets	8 992 000	19 416 000	2 947 000	2 544 000
Total Assets	35 025 000	33 855 000	10 536 000	8 146 000
Total Equity	27 482 000	26 419 000	2 806 000	3 636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 880 000	2 989 000	517 000	615 000
Creditors	907 000	1 062 000	320 000	168 000
Unpaid Taxes	1 666 000	2 067 000	1 025 000	450 000
Dividends	0	0	0	0
Other Current Debt	2 067 000	1 319 000	3 738 000	3 276 000
Total Current Debt	4 662 000	4 448 000	7 213 000	3 895 000
Total Equity and Debt	35 025 000	33 855 000	10 536 000	8 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,5 %	5,13 %	−29,54 %	−35,04 %
Debt-to-Equity Ratio	0,1	0,11	0,18	0,17
Operating Profit Margin	−6,4 %	11,53 %	−7,56 %	−25,35 %
Current Ratio	1,93	4,37	0,41	0,65
Quick Ratio	1,93	4,37	0,41	0,65
Equity Ratio	0,78	0,78	0,27	0,45
Gross Profit Margin	100 %	100 %	100 %	98,77 %