COBITEK AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

11,98 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 704 000	10 861 000	3 643 000	1 747 000
Net Income	197 000	3 463 000	356 000	299 000
Total Assets	2 886 000	5 713 000	1 910 000	981 000
Total Equity	1 645 000	1 748 000	285 000	329 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 704 000	10 861 000	3 643 000	1 747 000
Expenditure	6 328 000	6 550 000	3 187 000	1 440 000
Operating Profit	376 000	4 311 000	456 000	307 000
Financial Income	21 000	5 000	1 000	0
Financial Costs	6 000	0	1 000	0
Financial Balance	15 000	5 000	0	0
Earnings Before Tax	391 000	4 316 000	456 000	307 000
Tax	194 000	853 000	101 000	66 000
Net Income	197 000	3 463 000	356 000	299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	82 000	114 000	61 000
Total Current Assets	2 634 000	5 631 000	1 796 000	919 000
Total Assets	2 886 000	5 713 000	1 910 000	981 000
Total Retained Equity	1 615 000	1 718 000	255 000	299 000
Total Equity	1 645 000	1 748 000	285 000	329 000
Total Long-Term Debt	0	5 000	5 000	1 000
Total Current Debt	1 241 000	3 959 000	1 620 000	650 000
Total Equity and Debt	2 886 000	5 713 000	1 910 000	981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 529 000	10 799 000	3 498 000	1 645 000
Other Income	175 000	62 000	145 000	102 000
Revenue	6 704 000	10 861 000	3 643 000	1 747 000
Cost of Goods Sold	1 411 000	1 618 000	881 000	501 000
Salary Costs	3 361 000	3 857 000	1 736 000	610 000
Depreciation	130 000	32 000	20 000	16 000
Impairment	0	0	0	0
Expenditure	6 328 000	6 550 000	3 187 000	1 440 000
Operating Profit	376 000	4 311 000	456 000	307 000
Financial Income	21 000	5 000	1 000	0
Financial Costs	6 000	0	1 000	0
Financial Balance	15 000	5 000	0	0
Dividends	300 000	2 000 000	400 000	0
Net Income	197 000	3 463 000	356 000	299 000

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	252 000	82 000	114 000	61 000
Total Tangible Assets	252 000	82 000	114 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	252 000	82 000	114 000	61 000
Stock	0	301 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 370 000	4 711 000	1 483 000	783 000
Total Current Assets	2 634 000	5 631 000	1 796 000	919 000
Total Assets	2 886 000	5 713 000	1 910 000	981 000
Total Equity	1 645 000	1 748 000	285 000	329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	5 000	1 000
Creditors	250 000	53 000	363 000	88 000
Unpaid Taxes	240 000	803 000	233 000	248 000
Dividends	300 000	2 000 000	400 000	0
Other Current Debt	648 000	251 000	527 000	232 000
Total Current Debt	1 241 000	3 959 000	1 620 000	650 000
Total Equity and Debt	2 886 000	5 713 000	1 910 000	981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,98 %	198,11 %	124,91 %	90,88 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	5,61 %	39,69 %	12,52 %	17,57 %
Current Ratio	2,12	1,42	1,11	1,41
Quick Ratio	2,12	1,54	1,11	1,41
Equity Ratio	0,57	0,31	0,15	0,34
Gross Profit Margin	78,95 %	85,1 %	75,82 %	71,32 %