BIRDZ INNOVATION AS

1407 VINTERBRO

Finances

Share Ownership

Return on Equity

−7,73 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	283 000	0	81 000	2 412 000
Net Income	−15 000	−33 000	−104 000	573 000
Total Assets	461 000	327 000	361 000	1 431 000
Total Equity	194 000	209 000	342 000	562 000

Income (NOK)	2022	2021	2020	2019
Revenue	283 000	0	81 000	2 412 000
Expenditure	308 000	35 000	207 000	1 888 000
Operating Profit	−25 000	−35 000	−126 000	523 000
Financial Income	0	0	0	175 000
Financial Costs	−6 000	7 000	7 000	12 000
Financial Balance	6 000	−7 000	−7 000	163 000
Earnings Before Tax	−19 000	−42 000	−133 000	686 000
Tax	−4 000	−9 000	−29 000	113 000
Net Income	−15 000	−33 000	−104 000	573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	13 000	4 000	257 000
Total Current Assets	443 000	314 000	357 000	1 174 000
Total Assets	461 000	327 000	361 000	1 431 000
Total Retained Equity	164 000	179 000	312 000	532 000
Total Equity	194 000	209 000	342 000	562 000
Total Long-Term Debt	0	0	0	203 000
Total Current Debt	266 000	118 000	19 000	666 000
Total Equity and Debt	461 000	327 000	361 000	1 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	283 000	0	81 000	2 412 000
Other Income	0	0	0	0
Revenue	283 000	0	81 000	2 412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	211 000	0	124 000	1 492 000
Depreciation	0	0	29 000	70 000
Impairment	0	0	0	0
Expenditure	308 000	35 000	207 000	1 888 000
Operating Profit	−25 000	−35 000	−126 000	523 000
Financial Income	0	0	0	175 000
Financial Costs	−6 000	7 000	7 000	12 000
Financial Balance	6 000	−7 000	−7 000	163 000
Dividends	0	100 000	116 000	390 000
Net Income	−15 000	−33 000	−104 000	573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	13 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	257 000
Total Tangible Assets	0	0	0	257 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	13 000	4 000	257 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	304 000	284 000	70 000	789 000
Total Current Assets	443 000	314 000	357 000	1 174 000
Total Assets	461 000	327 000	361 000	1 431 000
Total Equity	194 000	209 000	342 000	562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	203 000
Creditors	23 000	13 000	5 000	22 000
Unpaid Taxes	123 000	0	2 000	234 000
Dividends	0	100 000	116 000	390 000
Other Current Debt	120 000	106 000	13 000	144 000
Total Current Debt	266 000	118 000	19 000	666 000
Total Equity and Debt	461 000	327 000	361 000	1 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,73 %	−15,79 %	−30,41 %	101,96 %
Debt-to-Equity Ratio	0	0	0	0,36
Operating Profit Margin	−8,83 %	-	−155,56 %	21,68 %
Current Ratio	1,67	2,66	18,79	1,76
Quick Ratio	1,67	2,66	18,79	1,76
Equity Ratio	0,42	0,64	0,95	0,39
Gross Profit Margin	100 %	-	100 %	100 %