QUBIT AS

0565 OSLO

Finances

Return on Equity

55,73 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 000	228 000	141 000	386 000
Net Income	282 000	137 000	128 000	−129 000
Total Assets	746 000	366 000	184 000	128 000
Total Equity	506 000	224 000	87 000	−41 000

Income (NOK)	2022	2021	2020	2019
Revenue	400 000	228 000	141 000	386 000
Expenditure	64 000	91 000	13 000	515 000
Operating Profit	337 000	136 000	128 000	−129 000
Financial Income	11 000	2 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	11 000	1 000	0	0
Earnings Before Tax	347 000	137 000	128 000	−129 000
Tax	65 000	0	0	0
Net Income	282 000	137 000	128 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 000	191 000	0	0
Total Current Assets	453 000	176 000	184 000	128 000
Total Assets	746 000	366 000	184 000	128 000
Total Retained Equity	476 000	194 000	57 000	−71 000
Total Equity	506 000	224 000	87 000	−41 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	240 000	143 000	97 000	169 000
Total Equity and Debt	746 000	366 000	184 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	400 000	228 000	141 000	386 000
Other Income	0	0	0	0
Revenue	400 000	228 000	141 000	386 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	64 000	0	483 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	91 000	13 000	515 000
Operating Profit	337 000	136 000	128 000	−129 000
Financial Income	11 000	2 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	11 000	1 000	0	0
Dividends	0	0	0	0
Net Income	282 000	137 000	128 000	−129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	293 000	191 000	0	0
Total Fixed Assets	293 000	191 000	0	0
Stock	0	0	0	0
Total Investments	55 000	0	0	0
Cash, Bank	366 000	157 000	188 000	137 000
Total Current Assets	453 000	176 000	184 000	128 000
Total Assets	746 000	366 000	184 000	128 000
Total Equity	506 000	224 000	87 000	−41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	0	0
Unpaid Taxes	86 000	81 000	34 000	95 000
Dividends	0	0	0	0
Other Current Debt	89 000	56 000	63 000	74 000
Total Current Debt	240 000	143 000	97 000	169 000
Total Equity and Debt	746 000	366 000	184 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,73 %	61,16 %	147,13 %	314,63 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	84,25 %	59,65 %	90,78 %	−33,42 %
Current Ratio	1,89	1,23	1,9	0,76
Quick Ratio	1,89	1,23	1,9	0,76
Equity Ratio	0,68	0,61	0,47	−0,32
Gross Profit Margin	100 %	100 %	100 %	100 %