QUBEN AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

0,24 %

Current Ratio

0,81

Debt-to-Equity Ratio

7,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 457 000	3 244 000	7 199 000	3 872 000
Net Income	5 000	59 000	3 295 000	1 086 000
Total Assets	24 265 000	7 927 000	11 659 000	9 282 000
Total Equity	2 069 000	2 064 000	2 005 000	2 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 457 000	3 244 000	7 199 000	3 872 000
Expenditure	4 438 000	3 046 000	2 816 000	2 269 000
Operating Profit	19 000	198 000	4 383 000	1 602 000
Financial Income	1 000	0	0	1 000
Financial Costs	14 000	103 000	158 000	211 000
Financial Balance	−13 000	−103 000	−158 000	−210 000
Earnings Before Tax	7 000	95 000	4 225 000	1 392 000
Tax	2 000	36 000	930 000	306 000
Net Income	5 000	59 000	3 295 000	1 086 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 252 000	6 897 000	7 477 000	8 495 000
Total Current Assets	5 013 000	1 030 000	4 182 000	787 000
Total Assets	24 265 000	7 927 000	11 659 000	9 282 000
Total Retained Equity	64 000	60 000	1 000	486 000
Total Equity	2 069 000	2 064 000	2 005 000	2 490 000
Total Long-Term Debt	16 043 000	3 995 000	5 490 000	5 372 000
Total Current Debt	6 154 000	1 868 000	4 164 000	1 420 000
Total Equity and Debt	24 265 000	7 927 000	11 659 000	9 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 052 000	3 237 000	3 359 000	0
Other Income	1 404 000	7 000	3 840 000	3 872 000
Revenue	4 457 000	3 244 000	7 199 000	3 872 000
Cost of Goods Sold	2 565 000	0	0	0
Salary Costs	99 000	623 000	927 000	414 000
Depreciation	392 000	337 000	424 000	480 000
Impairment	0	0	0	0
Expenditure	4 438 000	3 046 000	2 816 000	2 269 000
Operating Profit	19 000	198 000	4 383 000	1 602 000
Financial Income	1 000	0	0	1 000
Financial Costs	14 000	103 000	158 000	211 000
Financial Balance	−13 000	−103 000	−158 000	−210 000
Dividends	0	0	3 380 000	600 000
Net Income	5 000	59 000	3 295 000	1 086 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 193 000	6 897 000	6 796 000	8 090 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	0	681 000	405 000
Total Tangible Assets	19 252 000	6 897 000	7 477 000	8 495 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 252 000	6 897 000	7 477 000	8 495 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 907 000	706 000	4 096 000	244 000
Total Current Assets	5 013 000	1 030 000	4 182 000	787 000
Total Assets	24 265 000	7 927 000	11 659 000	9 282 000
Total Equity	2 069 000	2 064 000	2 005 000	2 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 043 000	3 995 000	5 490 000	5 372 000
Creditors	851 000	475 000	225 000	107 000
Unpaid Taxes	−265 000	28 000	107 000	110 000
Dividends	0	0	3 380 000	600 000
Other Current Debt	5 545 000	1 137 000	139 000	266 000
Total Current Debt	6 154 000	1 868 000	4 164 000	1 420 000
Total Equity and Debt	24 265 000	7 927 000	11 659 000	9 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,24 %	2,86 %	164,34 %	43,61 %
Debt-to-Equity Ratio	7,75	1,94	2,74	2,16
Operating Profit Margin	0,43 %	6,1 %	60,88 %	41,37 %
Current Ratio	0,81	0,55	1	0,55
Quick Ratio	0,81	0,55	1	0,55
Equity Ratio	0,09	0,26	0,17	0,27
Gross Profit Margin	42,45 %	100 %	100 %	100 %