CUBE8 GALLERY AS

1634 GAMLE FREDRIKSTAD

Finances

Return on Equity

14,39 %

Current Ratio

10,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	883 000	0	0	75 000
Net Income	813 000	−106 000	−509 000	−476 000
Total Assets	5 850 000	4 950 000	5 047 000	5 452 000
Total Equity	5 650 000	4 837 000	4 944 000	5 452 000

Income (NOK)	2022	2021	2020	2019
Revenue	883 000	0	0	75 000
Expenditure	69 000	98 000	116 000	119 000
Operating Profit	813 000	−98 000	−116 000	−44 000
Financial Income	0	0	−393 000	7 000
Financial Costs	0	8 000	0	439 000
Financial Balance	0	−8 000	−393 000	−432 000
Earnings Before Tax	813 000	−106 000	−509 000	−476 000
Tax	0	0	0	0
Net Income	813 000	−106 000	−509 000	−476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 788 000	4 942 000	4 942 000	4 973 000
Total Current Assets	2 062 000	8 000	105 000	479 000
Total Assets	5 850 000	4 950 000	5 047 000	5 452 000
Total Retained Equity	−1 216 000	−2 029 000	−1 922 000	−1 414 000
Total Equity	5 650 000	4 837 000	4 944 000	5 452 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	200 000	113 000	103 000	0
Total Equity and Debt	5 850 000	4 950 000	5 047 000	5 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	883 000	0	0	75 000
Revenue	883 000	0	0	75 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	98 000	116 000	119 000
Operating Profit	813 000	−98 000	−116 000	−44 000
Financial Income	0	0	−393 000	7 000
Financial Costs	0	8 000	0	439 000
Financial Balance	0	−8 000	−393 000	−432 000
Dividends	0	0	0	0
Net Income	813 000	−106 000	−509 000	−476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 153 000	1 153 000	1 153 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	95 000	95 000	95 000
Total Tangible Assets	95 000	1 248 000	1 248 000	1 248 000
Total Fiancial Fixed Assets	3 694 000	3 694 000	3 694 000	3 725 000
Total Fixed Assets	3 788 000	4 942 000	4 942 000	4 973 000
Stock	0	0	0	0
Total Investments	1 000	1 000	9 000	402 000
Cash, Bank	2 061 000	7 000	96 000	77 000
Total Current Assets	2 062 000	8 000	105 000	479 000
Total Assets	5 850 000	4 950 000	5 047 000	5 452 000
Total Equity	5 650 000	4 837 000	4 944 000	5 452 000
Short-Term Group Debt	200 000	100 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	13 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	100 000	0
Total Current Debt	200 000	113 000	103 000	0
Total Equity and Debt	5 850 000	4 950 000	5 047 000	5 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,39 %	−2,19 %	−10,3 %	−8,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,07 %	-	-	−58,67 %
Current Ratio	10,31	0,07	1,02	-
Quick Ratio	10,31	0,07	1,02	-
Equity Ratio	0,97	0,98	0,98	1
Gross Profit Margin	100 %	-	-	100 %