INCUBEAT AS

3211 SANDEFJORD

Finances

Return on Equity

49,57 %

Current Ratio

9,09

Debt-to-Equity Ratio

3,86

Key figures (NOK)	2021	2020	2019	2018
Revenue	678 000	1 995 000	758 000	346 000
Net Income	4 950 000	5 551 000	−204 000	37 000
Total Assets	49 218 000	38 005 000	23 338 000	20 989 000
Total Equity	9 985 000	5 035 000	−516 000	−312 000

Income (NOK)	2021	2020	2019	2018
Revenue	678 000	1 995 000	758 000	346 000
Expenditure	910 000	89 000	614 000	298 000
Operating Profit	−233 000	1 906 000	144 000	47 000
Financial Income	13 387 000	4 150 000	0	0
Financial Costs	8 204 000	505 000	348 000	10 000
Financial Balance	5 183 000	3 645 000	−348 000	−10 000
Earnings Before Tax	4 950 000	5 551 000	−204 000	37 000
Tax	0	0	0	0
Net Income	4 950 000	5 551 000	−204 000	37 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	42 582 000	37 251 000	22 400 000	18 980 000
Total Current Assets	6 635 000	754 000	938 000	2 009 000
Total Assets	49 218 000	38 005 000	23 338 000	20 989 000
Total Retained Equity	7 291 000	2 341 000	−3 210 000	−3 006 000
Total Equity	9 985 000	5 035 000	−516 000	−312 000
Total Long-Term Debt	38 502 000	32 881 000	22 164 000	20 208 000
Total Current Debt	730 000	89 000	1 690 000	1 093 000
Total Equity and Debt	49 218 000	38 005 000	23 338 000	20 989 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	600 000	0	0	0
Other Income	78 000	1 995 000	758 000	346 000
Revenue	678 000	1 995 000	758 000	346 000
Cost of Goods Sold	0	0	0	0
Salary Costs	464 000	0	0	0
Depreciation	0	0	120 000	121 000
Impairment	0	0	0	0
Expenditure	910 000	89 000	614 000	298 000
Operating Profit	−233 000	1 906 000	144 000	47 000
Financial Income	13 387 000	4 150 000	0	0
Financial Costs	8 204 000	505 000	348 000	10 000
Financial Balance	5 183 000	3 645 000	−348 000	−10 000
Dividends	0	0	0	0
Net Income	4 950 000	5 551 000	−204 000	37 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 335 000	13 304 000	13 240 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 335 000	13 304 000	13 240 000
Total Fiancial Fixed Assets	42 582 000	35 916 000	9 096 000	5 740 000
Total Fixed Assets	42 582 000	37 251 000	22 400 000	18 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	0	190 000	1 000
Total Current Assets	6 635 000	754 000	938 000	2 009 000
Total Assets	49 218 000	38 005 000	23 338 000	20 989 000
Total Equity	9 985 000	5 035 000	−516 000	−312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 502 000	32 881 000	22 164 000	20 208 000
Creditors	14 000	80 000	590 000	79 000
Unpaid Taxes	280 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	436 000	9 000	1 100 000	1 013 000
Total Current Debt	730 000	89 000	1 690 000	1 093 000
Total Equity and Debt	49 218 000	38 005 000	23 338 000	20 989 000

Financial indicators	2021	2020	2019	2018
Return on Equity	49,57 %	110,25 %	39,53 %	−11,86 %
Debt-to-Equity Ratio	3,86	6,53	−42,95	−64,77
Operating Profit Margin	−34,37 %	95,54 %	19 %	13,58 %
Current Ratio	9,09	8,47	0,56	1,84
Quick Ratio	9,09	8,47	0,56	1,84
Equity Ratio	0,2	0,13	−0,02	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %