CUBIC-NORGE AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

20,51 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 793 000	19 495 000	13 529 000	15 276 000
Net Income	617 000	891 000	303 000	375 000
Total Assets	7 800 000	7 022 000	4 946 000	6 497 000
Total Equity	3 008 000	2 392 000	1 965 000	1 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 793 000	19 495 000	13 529 000	15 276 000
Expenditure	23 998 000	18 333 000	13 130 000	14 695 000
Operating Profit	795 000	1 162 000	399 000	581 000
Financial Income	10 000	5 000	3 000	5 000
Financial Costs	15 000	25 000	14 000	27 000
Financial Balance	−5 000	−20 000	−11 000	−22 000
Earnings Before Tax	791 000	1 142 000	388 000	560 000
Tax	174 000	251 000	85 000	185 000
Net Income	617 000	891 000	303 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 055 000	1 069 000	1 152 000	1 237 000
Total Current Assets	6 745 000	5 953 000	3 794 000	5 260 000
Total Assets	7 800 000	7 022 000	4 946 000	6 497 000
Total Retained Equity	617 000	0	−426 000	−729 000
Total Equity	3 008 000	2 392 000	1 965 000	1 662 000
Total Long-Term Debt	0	0	585 000	865 000
Total Current Debt	4 792 000	4 630 000	2 397 000	3 970 000
Total Equity and Debt	7 800 000	7 022 000	4 946 000	6 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 793 000	19 495 000	13 529 000	15 276 000
Other Income	0	0	0	0
Revenue	24 793 000	19 495 000	13 529 000	15 276 000
Cost of Goods Sold	21 232 000	16 765 000	11 294 000	12 596 000
Salary Costs	2 678 000	1 584 000	2 200 000	2 254 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 998 000	18 333 000	13 130 000	14 695 000
Operating Profit	795 000	1 162 000	399 000	581 000
Financial Income	10 000	5 000	3 000	5 000
Financial Costs	15 000	25 000	14 000	27 000
Financial Balance	−5 000	−20 000	−11 000	−22 000
Dividends	0	464 000	0	0
Net Income	617 000	891 000	303 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	727 000	901 000	1 152 000	1 237 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	328 000	168 000	0	0
Total Fixed Assets	1 055 000	1 069 000	1 152 000	1 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 265 000	2 840 000	1 747 000	1 706 000
Total Current Assets	6 745 000	5 953 000	3 794 000	5 260 000
Total Assets	7 800 000	7 022 000	4 946 000	6 497 000
Total Equity	3 008 000	2 392 000	1 965 000	1 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	585 000	865 000
Creditors	2 927 000	2 998 000	1 572 000	2 711 000
Unpaid Taxes	1 629 000	1 014 000	692 000	1 103 000
Dividends	0	464 000	0	0
Other Current Debt	236 000	155 000	132 000	156 000
Total Current Debt	4 792 000	4 630 000	2 397 000	3 970 000
Total Equity and Debt	7 800 000	7 022 000	4 946 000	6 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	37,25 %	15,42 %	22,56 %
Debt-to-Equity Ratio	0	0	0,3	0,52
Operating Profit Margin	3,21 %	5,96 %	2,95 %	3,8 %
Current Ratio	1,41	1,29	1,58	1,32
Quick Ratio	1,41	1,29	1,58	1,32
Equity Ratio	0,39	0,34	0,4	0,26
Gross Profit Margin	14,36 %	14 %	16,52 %	17,54 %