SHUTTERBIRD PRODUCTION AS

9538 ALTA

Finances

Share Ownership

Return on Equity

533,33 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	10 000	242 000	660 000
Net Income	16 000	−30 000	−91 000	24 000
Total Assets	38 000	16 000	38 000	153 000
Total Equity	3 000	−14 000	17 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	10 000	242 000	660 000
Expenditure	56 000	40 000	332 000	636 000
Operating Profit	16 000	−30 000	−90 000	24 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	16 000	−30 000	−91 000	24 000
Tax	0	0	0	0
Net Income	16 000	−30 000	−91 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	12 000	31 000
Total Current Assets	38 000	13 000	27 000	122 000
Total Assets	38 000	16 000	38 000	153 000
Total Retained Equity	−27 000	−44 000	−13 000	78 000
Total Equity	3 000	−14 000	17 000	108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	30 000	22 000	45 000
Total Equity and Debt	38 000	16 000	38 000	153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	10 000	241 000	660 000
Other Income	0	0	1 000	0
Revenue	73 000	10 000	242 000	660 000
Cost of Goods Sold	0	0	31 000	40 000
Salary Costs	30 000	4 000	198 000	335 000
Depreciation	3 000	8 000	19 000	38 000
Impairment	0	0	0	0
Expenditure	56 000	40 000	332 000	636 000
Operating Profit	16 000	−30 000	−90 000	24 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	16 000	−30 000	−91 000	24 000

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	3 000	12 000	31 000
Total Tangible Assets	0	3 000	12 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	12 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	10 000	22 000	106 000
Total Current Assets	38 000	13 000	27 000	122 000
Total Assets	38 000	16 000	38 000	153 000
Total Equity	3 000	−14 000	17 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	2 000	3 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	33 000	30 000	19 000	37 000
Total Current Debt	35 000	30 000	22 000	45 000
Total Equity and Debt	38 000	16 000	38 000	153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	533,33 %	214,29 %	−535,29 %	22,22 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	21,92 %	−300 %	−37,19 %	3,64 %
Current Ratio	1,09	0,43	1,23	2,71
Quick Ratio	1,09	0,43	1,23	2,71
Equity Ratio	0,08	−0,88	0,45	0,71
Gross Profit Margin	100 %	100 %	87,19 %	93,94 %