KUBE BIRØKT AS

4843 ARENDAL

Finances

Return on Equity

22,64 %

Current Ratio

5,68

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 676 000	1 930 000	1 421 000	775 000
Net Income	465 000	352 000	509 000	222 000
Total Assets	2 339 000	2 176 000	1 758 000	1 670 000
Total Equity	2 054 000	1 589 000	1 237 000	728 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 676 000	1 930 000	1 421 000	775 000
Expenditure	2 068 000	1 476 000	740 000	455 000
Operating Profit	600 000	458 000	683 000	319 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	7 000	8 000	33 000	36 000
Financial Balance	−4 000	−7 000	−31 000	−35 000
Earnings Before Tax	596 000	451 000	653 000	284 000
Tax	131 000	99 000	144 000	63 000
Net Income	465 000	352 000	509 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 265 000	1 035 000	1 056 000	1 079 000
Total Current Assets	1 074 000	1 141 000	702 000	591 000
Total Assets	2 339 000	2 176 000	1 758 000	1 670 000
Total Retained Equity	1 954 000	1 489 000	1 137 000	628 000
Total Equity	2 054 000	1 589 000	1 237 000	728 000
Total Long-Term Debt	96 000	160 000	223 000	762 000
Total Current Debt	189 000	427 000	298 000	180 000
Total Equity and Debt	2 339 000	2 176 000	1 758 000	1 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 851 000	1 601 000	851 000	713 000
Other Income	825 000	330 000	569 000	63 000
Revenue	2 676 000	1 930 000	1 421 000	775 000
Cost of Goods Sold	1 631 000	1 186 000	447 000	181 000
Salary Costs	3 000	44 000	48 000	36 000
Depreciation	96 000	20 000	23 000	27 000
Impairment	0	0	0	0
Expenditure	2 068 000	1 476 000	740 000	455 000
Operating Profit	600 000	458 000	683 000	319 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	7 000	8 000	33 000	36 000
Financial Balance	−4 000	−7 000	−31 000	−35 000
Dividends	0	0	0	0
Net Income	465 000	352 000	509 000	222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	982 000	991 000	1 001 000	1 010 000
Machinery and Plant Facilities	17 000	22 000	27 000	34 000
Fixtures	265 000	22 000	28 000	35 000
Total Tangible Assets	1 265 000	1 035 000	1 056 000	1 079 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 265 000	1 035 000	1 056 000	1 079 000
Stock	309 000	192 000	147 000	166 000
Total Investments	11 000	11 000	11 000	11 000
Cash, Bank	714 000	850 000	490 000	412 000
Total Current Assets	1 074 000	1 141 000	702 000	591 000
Total Assets	2 339 000	2 176 000	1 758 000	1 670 000
Total Equity	2 054 000	1 589 000	1 237 000	728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	96 000	160 000	223 000	762 000
Creditors	46 000	12 000	2 000	1 000
Unpaid Taxes	12 000	311 000	148 000	113 000
Dividends	0	0	0	0
Other Current Debt	0	4 000	4 000	3 000
Total Current Debt	189 000	427 000	298 000	180 000
Total Equity and Debt	2 339 000	2 176 000	1 758 000	1 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,64 %	22,15 %	41,15 %	30,49 %
Debt-to-Equity Ratio	0,05	0,1	0,18	1,05
Operating Profit Margin	22,42 %	23,73 %	48,06 %	41,16 %
Current Ratio	5,68	2,67	2,36	3,28
Quick Ratio	−8,95	4,86	4,65	42,21
Equity Ratio	0,88	0,73	0,7	0,44
Gross Profit Margin	39,05 %	38,55 %	68,54 %	76,65 %