CUBE8 AS

1606 FREDRIKSTAD

Finances

Return on Equity

−8,54 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 263 000	3 525 000	1 463 000	60 000
Net Income	−1 169 000	150 000	82 000	−2 167 000
Total Assets	20 043 000	21 454 000	20 905 000	19 171 000
Total Equity	13 689 000	14 858 000	15 258 000	15 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 263 000	3 525 000	1 463 000	60 000
Expenditure	2 481 000	3 374 000	1 380 000	2 227 000
Operating Profit	−1 218 000	150 000	82 000	−2 167 000
Financial Income	48 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	48 000	0	0	0
Earnings Before Tax	−1 169 000	150 000	82 000	−2 167 000
Tax	0	0	0	0
Net Income	−1 169 000	150 000	82 000	−2 167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 932 000	18 990 000	19 055 000	19 041 000
Total Current Assets	1 111 000	2 464 000	1 850 000	130 000
Total Assets	20 043 000	21 454 000	20 905 000	19 171 000
Total Retained Equity	−5 098 000	−3 929 000	−3 517 000	−3 599 000
Total Equity	13 689 000	14 858 000	15 258 000	15 176 000
Total Long-Term Debt	6 099 000	6 149 000	5 328 000	3 700 000
Total Current Debt	255 000	447 000	319 000	294 000
Total Equity and Debt	20 043 000	21 454 000	20 905 000	19 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 178 000	945 000	1 313 000	60 000
Other Income	85 000	2 580 000	150 000	0
Revenue	1 263 000	3 525 000	1 463 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 245 000	1 590 000	936 000	1 631 000
Depreciation	65 000	64 000	50 000	15 000
Impairment	0	0	0	0
Expenditure	2 481 000	3 374 000	1 380 000	2 227 000
Operating Profit	−1 218 000	150 000	82 000	−2 167 000
Financial Income	48 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	48 000	0	0	0
Dividends	0	550 000	0	0
Net Income	−1 169 000	150 000	82 000	−2 167 000

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	100 000	164 000	229 000	215 000
Total Tangible Assets	100 000	164 000	229 000	215 000
Total Fiancial Fixed Assets	18 832 000	18 826 000	18 826 000	18 826 000
Total Fixed Assets	18 932 000	18 990 000	19 055 000	19 041 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	666 000	1 041 000	558 000	126 000
Total Current Assets	1 111 000	2 464 000	1 850 000	130 000
Total Assets	20 043 000	21 454 000	20 905 000	19 171 000
Total Equity	13 689 000	14 858 000	15 258 000	15 176 000
Short-Term Group Debt	0	36 000	0	0
Total Long-Term Debt	6 099 000	6 149 000	5 328 000	3 700 000
Creditors	83 000	145 000	21 000	81 000
Unpaid Taxes	42 000	119 000	25 000	36 000
Dividends	0	550 000	0	0
Other Current Debt	130 000	147 000	272 000	177 000
Total Current Debt	255 000	447 000	319 000	294 000
Total Equity and Debt	20 043 000	21 454 000	20 905 000	19 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,54 %	1,01 %	0,54 %	−14,28 %
Debt-to-Equity Ratio	0,45	0,41	0,35	0,24
Operating Profit Margin	−96,44 %	4,26 %	5,6 %	−3 611,67 %
Current Ratio	4,36	5,51	5,8	0,44
Quick Ratio	4,36	5,51	5,8	0,44
Equity Ratio	0,68	0,69	0,73	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %