STUDIO SUNSHINE AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

58,14 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	546 000	392 000	307 000	291 000
Net Income	25 000	−25 000	−19 000	−17 000
Total Assets	170 000	132 000	152 000	167 000
Total Equity	43 000	18 000	43 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	546 000	392 000	307 000	291 000
Expenditure	521 000	415 000	326 000	270 000
Operating Profit	25 000	−23 000	−19 000	21 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	25 000	−25 000	−19 000	21 000
Tax	0	0	0	37 000
Net Income	25 000	−25 000	−19 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	85 000	121 000	156 000
Total Current Assets	120 000	47 000	31 000	12 000
Total Assets	170 000	132 000	152 000	167 000
Total Retained Equity	−64 000	−88 000	−64 000	−44 000
Total Equity	43 000	18 000	43 000	62 000
Total Long-Term Debt	0	56 000	45 000	79 000
Total Current Debt	127 000	58 000	64 000	26 000
Total Equity and Debt	170 000	132 000	152 000	167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	546 000	392 000	307 000	291 000
Other Income	0	0	0	0
Revenue	546 000	392 000	307 000	291 000
Cost of Goods Sold	43 000	18 000	3 000	5 000
Salary Costs	49 000	0	0	0
Depreciation	35 000	35 000	35 000	29 000
Impairment	0	0	0	0
Expenditure	521 000	415 000	326 000	270 000
Operating Profit	25 000	−23 000	−19 000	21 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	25 000	−25 000	−19 000	−17 000

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	50 000	85 000	121 000	156 000
Total Tangible Assets	50 000	85 000	121 000	156 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	85 000	121 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	46 000	30 000	12 000
Total Current Assets	120 000	47 000	31 000	12 000
Total Assets	170 000	132 000	152 000	167 000
Total Equity	43 000	18 000	43 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	56 000	45 000	79 000
Creditors	11 000	0	14 000	7 000
Unpaid Taxes	116 000	58 000	48 000	17 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 000	2 000
Total Current Debt	127 000	58 000	64 000	26 000
Total Equity and Debt	170 000	132 000	152 000	167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,14 %	−138,89 %	−44,19 %	−27,42 %
Debt-to-Equity Ratio	0	3,11	1,05	1,27
Operating Profit Margin	4,58 %	−5,87 %	−6,19 %	7,22 %
Current Ratio	0,94	0,81	0,48	0,46
Quick Ratio	0,94	0,81	0,48	0,46
Equity Ratio	0,25	0,14	0,28	0,37
Gross Profit Margin	92,12 %	95,41 %	99,02 %	98,28 %