CYBERNETIC DRILLING TECHNOLOGIES AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

86,51 %

Current Ratio

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 158 000	11 769 000	8 408 000	12 008 000
Net Income	5 875 000	908 000	−905 000	395 000
Total Assets	20 500 000	12 375 000	10 003 000	8 897 000
Total Equity	6 791 000	927 000	20 000	925 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 158 000	11 769 000	8 408 000	12 008 000
Expenditure	10 154 000	10 221 000	9 236 000	11 221 000
Operating Profit	8 004 000	1 547 000	−828 000	786 000
Financial Income	399 000	18 000	42 000	10 000
Financial Costs	867 000	400 000	373 000	290 000
Financial Balance	−468 000	−382 000	−331 000	−280 000
Earnings Before Tax	7 536 000	1 165 000	−1 159 000	506 000
Tax	1 662 000	257 000	−254 000	112 000
Net Income	5 875 000	908 000	−905 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 457 000	4 603 000	5 573 000	2 856 000
Total Current Assets	11 043 000	7 771 000	4 430 000	6 041 000
Total Assets	20 500 000	12 375 000	10 003 000	8 897 000
Total Retained Equity	6 761 000	897 000	−10 000	895 000
Total Equity	6 791 000	927 000	20 000	925 000
Total Long-Term Debt	2 645 000	3 678 000	4 874 000	5 420 000
Total Current Debt	11 064 000	7 769 000	5 109 000	2 552 000
Total Equity and Debt	20 500 000	12 375 000	10 003 000	8 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 158 000	11 769 000	8 408 000	12 008 000
Other Income	0	0	0	0
Revenue	18 158 000	11 769 000	8 408 000	12 008 000
Cost of Goods Sold	2 557 000	4 062 000	5 040 000	7 333 000
Salary Costs	4 197 000	3 709 000	2 301 000	1 422 000
Depreciation	660 000	659 000	324 000	687 000
Impairment	0	0	0	0
Expenditure	10 154 000	10 221 000	9 236 000	11 221 000
Operating Profit	8 004 000	1 547 000	−828 000	786 000
Financial Income	399 000	18 000	42 000	10 000
Financial Costs	867 000	400 000	373 000	290 000
Financial Balance	−468 000	−382 000	−331 000	−280 000
Dividends	0	0	0	0
Net Income	5 875 000	908 000	−905 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 875 000	4 539 000	5 420 000	2 771 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	64 000	100 000	32 000
Total Tangible Assets	66 000	64 000	100 000	32 000
Total Fiancial Fixed Assets	5 516 000	0	53 000	53 000
Total Fixed Assets	9 457 000	4 603 000	5 573 000	2 856 000
Stock	3 256 000	232 000	2 394 000	110 000
Total Investments	0	0	0	0
Cash, Bank	10 000	378 000	312 000	198 000
Total Current Assets	11 043 000	7 771 000	4 430 000	6 041 000
Total Assets	20 500 000	12 375 000	10 003 000	8 897 000
Total Equity	6 791 000	927 000	20 000	925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 645 000	3 678 000	4 874 000	5 420 000
Creditors	1 641 000	1 237 000	644 000	2 054 000
Unpaid Taxes	1 196 000	529 000	1 238 000	100 000
Dividends	0	0	0	0
Other Current Debt	2 543 000	2 281 000	2 139 000	398 000
Total Current Debt	11 064 000	7 769 000	5 109 000	2 552 000
Total Equity and Debt	20 500 000	12 375 000	10 003 000	8 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,51 %	97,95 %	−4 525 %	42,7 %
Debt-to-Equity Ratio	0,39	3,97	243,7	5,86
Operating Profit Margin	44,08 %	13,14 %	−9,85 %	6,55 %
Current Ratio	1	1	0,87	2,37
Quick Ratio	1,41	1,03	1,63	2,47
Equity Ratio	0,33	0,07	0	0,1
Gross Profit Margin	85,92 %	65,49 %	40,06 %	38,93 %