UBIQ AEROSPACE AS

7011 TRONDHEIM

Finances

Return on Equity

−745,15 %

Current Ratio

0,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 000	15 440 000	4 051 000	1 746 000
Net Income	−9 441 000	−1 352 000	−6 271 000	−2 819 000
Total Assets	9 511 000	16 092 000	13 322 000	4 969 000
Total Equity	1 267 000	10 708 000	11 344 000	4 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 000	15 440 000	4 051 000	1 746 000
Expenditure	9 296 000	16 768 000	10 316 000	4 565 000
Operating Profit	−9 225 000	−1 328 000	−6 266 000	−2 820 000
Financial Income	28 000	13 000	7 000	4 000
Financial Costs	243 000	37 000	12 000	3 000
Financial Balance	−215 000	−24 000	−5 000	1 000
Earnings Before Tax	−9 441 000	−1 352 000	−6 271 000	−2 819 000
Tax	0	0	0	0
Net Income	−9 441 000	−1 352 000	−6 271 000	−2 819 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 779 000	740 000	311 000	351 000
Total Current Assets	4 732 000	15 352 000	13 011 000	4 618 000
Total Assets	9 511 000	16 092 000	13 322 000	4 969 000
Total Retained Equity	0	0	−8 801 000	−2 530 000
Total Equity	1 267 000	10 708 000	11 344 000	4 085 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 244 000	5 384 000	1 978 000	883 000
Total Equity and Debt	9 511 000	16 092 000	13 322 000	4 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	9 737 000	1 855 000	564 000
Other Income	0	5 703 000	2 196 000	1 181 000
Revenue	70 000	15 440 000	4 051 000	1 746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 295 000	8 124 000	4 847 000	2 357 000
Depreciation	325 000	81 000	40 000	3 000
Impairment	0	0	0	0
Expenditure	9 296 000	16 768 000	10 316 000	4 565 000
Operating Profit	−9 225 000	−1 328 000	−6 266 000	−2 820 000
Financial Income	28 000	13 000	7 000	4 000
Financial Costs	243 000	37 000	12 000	3 000
Financial Balance	−215 000	−24 000	−5 000	1 000
Dividends	0	0	0	0
Net Income	−9 441 000	−1 352 000	−6 271 000	−2 819 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 310 000	234 000	234 000	234 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	465 000	502 000	77 000	117 000
Total Tangible Assets	465 000	502 000	77 000	117 000
Total Fiancial Fixed Assets	4 000	4 000	0	0
Total Fixed Assets	4 779 000	740 000	311 000	351 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	609 000	1 204 000	9 730 000	3 914 000
Total Current Assets	4 732 000	15 352 000	13 011 000	4 618 000
Total Assets	9 511 000	16 092 000	13 322 000	4 969 000
Total Equity	1 267 000	10 708 000	11 344 000	4 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 215 000	1 732 000	948 000	464 000
Unpaid Taxes	1 194 000	1 253 000	590 000	188 000
Dividends	0	0	0	0
Other Current Debt	1 987 000	2 399 000	439 000	231 000
Total Current Debt	8 244 000	5 384 000	1 978 000	883 000
Total Equity and Debt	9 511 000	16 092 000	13 322 000	4 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−745,15 %	−12,63 %	−55,28 %	−69,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13 178,57 %	−8,6 %	−154,68 %	−161,51 %
Current Ratio	0,57	2,85	6,58	5,23
Quick Ratio	0,57	2,85	6,58	5,23
Equity Ratio	0,13	0,67	0,85	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %