SUMMERBIRD

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

4,28 %

Current Ratio

10,92

Debt-to-Equity Ratio

−1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 311 000	4 049 000	3 096 000	2 593 000
Net Income	−284 000	−746 000	−207 000	−475 000
Total Assets	5 995 000	8 140 000	6 112 000	4 551 000
Total Equity	−6 640 000	−6 356 000	−5 610 000	−5 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 311 000	4 049 000	3 096 000	2 593 000
Expenditure	4 595 000	4 796 000	3 303 000	3 070 000
Operating Profit	−284 000	−746 000	−208 000	−476 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	2 000
Earnings Before Tax	−284 000	−746 000	−207 000	−475 000
Tax	0	0	0	0
Net Income	−284 000	−746 000	−207 000	−475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	55 000	45 000	0
Total Current Assets	5 952 000	8 085 000	6 067 000	4 551 000
Total Assets	5 995 000	8 140 000	6 112 000	4 551 000
Total Retained Equity	−6 640 000	−6 356 000	−5 610 000	−5 403 000
Total Equity	−6 640 000	−6 356 000	−5 610 000	−5 403 000
Total Long-Term Debt	12 090 000	13 993 000	11 370 000	9 604 000
Total Current Debt	545 000	503 000	351 000	349 000
Total Equity and Debt	5 995 000	8 140 000	6 112 000	4 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 311 000	4 049 000	3 096 000	2 593 000
Other Income	0	0	0	0
Revenue	4 311 000	4 049 000	3 096 000	2 593 000
Cost of Goods Sold	2 337 000	2 106 000	1 607 000	1 331 000
Salary Costs	1 014 000	946 000	811 000	945 000
Depreciation	27 000	17 000	3 000	100 000
Impairment	0	0	0	0
Expenditure	4 595 000	4 796 000	3 303 000	3 070 000
Operating Profit	−284 000	−746 000	−208 000	−476 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−284 000	−746 000	−207 000	−475 000

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	43 000	55 000	45 000	0
Total Tangible Assets	43 000	55 000	45 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	55 000	45 000	0
Stock	90 000	172 000	173 000	80 000
Total Investments	0	0	0	0
Cash, Bank	4 706 000	7 564 000	5 683 000	4 439 000
Total Current Assets	5 952 000	8 085 000	6 067 000	4 551 000
Total Assets	5 995 000	8 140 000	6 112 000	4 551 000
Total Equity	−6 640 000	−6 356 000	−5 610 000	−5 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 090 000	13 993 000	11 370 000	9 604 000
Creditors	76 000	215 000	61 000	50 000
Unpaid Taxes	375 000	208 000	224 000	212 000
Dividends	0	0	0	0
Other Current Debt	94 000	80 000	66 000	87 000
Total Current Debt	545 000	503 000	351 000	349 000
Total Equity and Debt	5 995 000	8 140 000	6 112 000	4 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,28 %	11,74 %	3,69 %	8,79 %
Debt-to-Equity Ratio	−1,82	−2,2	−2,03	−1,78
Operating Profit Margin	−6,59 %	−18,42 %	−6,72 %	−18,36 %
Current Ratio	10,92	16,07	17,28	13,04
Quick Ratio	13,08	24,43	34,08	16,92
Equity Ratio	−1,11	−0,78	−0,92	−1,19
Gross Profit Margin	45,79 %	47,99 %	48,09 %	48,67 %