CUBILITY AS

4323 SANDNES

Finances

Return on Equity

−41,07 %

Current Ratio

0,73

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 719 000	117 196 000	137 009 000	71 555 000
Net Income	−18 928 000	7 012 000	9 425 000	−77 509 000
Total Assets	132 451 000	132 671 000	143 062 000	148 354 000
Total Equity	46 086 000	65 977 000	58 964 000	55 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 719 000	117 196 000	137 009 000	71 555 000
Expenditure	82 886 000	106 421 000	119 531 000	144 819 000
Operating Profit	−15 166 000	10 776 000	17 477 000	−73 263 000
Financial Income	7 537 000	3 789 000	8 383 000	1 242 000
Financial Costs	11 299 000	5 511 000	12 323 000	5 489 000
Financial Balance	−3 762 000	−1 722 000	−3 940 000	−4 247 000
Earnings Before Tax	−18 928 000	9 054 000	13 536 000	−77 509 000
Tax	0	2 041 000	4 112 000	0
Net Income	−18 928 000	7 012 000	9 425 000	−77 509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 531 000	75 117 000	78 962 000	84 135 000
Total Current Assets	59 920 000	57 554 000	64 100 000	64 219 000
Total Assets	132 451 000	132 671 000	143 062 000	148 354 000
Total Retained Equity	9 146 000	0	0	−331 277 000
Total Equity	46 086 000	65 977 000	58 964 000	55 196 000
Total Long-Term Debt	4 504 000	12 771 000	59 182 000	44 647 000
Total Current Debt	81 861 000	53 923 000	24 915 000	48 511 000
Total Equity and Debt	132 451 000	132 671 000	143 062 000	148 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 719 000	117 196 000	137 009 000	71 555 000
Other Income	0	0	0	0
Revenue	67 719 000	117 196 000	137 009 000	71 555 000
Cost of Goods Sold	23 264 000	45 508 000	48 418 000	46 736 000
Salary Costs	28 185 000	29 779 000	38 385 000	36 261 000
Depreciation	4 251 000	6 892 000	4 496 000	5 390 000
Impairment	0	0	0	0
Expenditure	82 886 000	106 421 000	119 531 000	144 819 000
Operating Profit	−15 166 000	10 776 000	17 477 000	−73 263 000
Financial Income	7 537 000	3 789 000	8 383 000	1 242 000
Financial Costs	11 299 000	5 511 000	12 323 000	5 489 000
Financial Balance	−3 762 000	−1 722 000	−3 940 000	−4 247 000
Dividends	0	0	0	0
Net Income	−18 928 000	7 012 000	9 425 000	−77 509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 338 000	68 158 000	73 720 000	76 717 000
Real Eastate	1 737 000	0	0	0
Machinery and Plant Facilities	0	1 538 000	0	0
Fixtures	370 000	577 000	747 000	2 890 000
Total Tangible Assets	2 107 000	2 115 000	747 000	2 890 000
Total Fiancial Fixed Assets	5 086 000	4 844 000	4 494 000	4 528 000
Total Fixed Assets	72 531 000	75 117 000	78 962 000	84 135 000
Stock	30 515 000	35 100 000	34 252 000	25 217 000
Total Investments	0	0	0	0
Cash, Bank	23 093 000	13 799 000	19 959 000	3 539 000
Total Current Assets	59 920 000	57 554 000	64 100 000	64 219 000
Total Assets	132 451 000	132 671 000	143 062 000	148 354 000
Total Equity	46 086 000	65 977 000	58 964 000	55 196 000
Short-Term Group Debt	110 000	115 000	0	0
Total Long-Term Debt	4 504 000	12 771 000	59 182 000	44 647 000
Creditors	4 766 000	6 314 000	6 937 000	7 556 000
Unpaid Taxes	1 459 000	1 710 000	1 061 000	250 000
Dividends	0	0	0	0
Other Current Debt	8 168 000	7 463 000	13 737 000	5 127 000
Total Current Debt	81 861 000	53 923 000	24 915 000	48 511 000
Total Equity and Debt	132 451 000	132 671 000	143 062 000	148 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,07 %	10,63 %	15,98 %	−140,43 %
Debt-to-Equity Ratio	0,1	0,19	1	0,81
Operating Profit Margin	−22,4 %	9,19 %	12,76 %	−102,39 %
Current Ratio	0,73	1,07	2,57	1,32
Quick Ratio	1,17	3,06	−6,87	2,76
Equity Ratio	0,35	0,5	0,41	0,37
Gross Profit Margin	65,65 %	61,17 %	64,66 %	34,69 %