BIRD RIDES NORWAY AS

1187 OSLO

Finances

Share Ownership

Return on Equity

−43,83 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	32 803 000	25 455 000	6 600 000
Net Income	−3 070 000	−69 000	−1 321 000
Total Assets	28 601 000	49 626 000	22 438 000
Total Equity	7 004 000	10 075 000	10 144 000

Income (NOK)	2022	2021	2020
Revenue	32 803 000	25 455 000	6 600 000
Expenditure	30 423 000	25 100 000	8 383 000
Operating Profit	2 379 000	356 000	−1 783 000
Financial Income	0	−352 000	90 000
Financial Costs	2 284 000	0	0
Financial Balance	−2 284 000	−352 000	90 000
Earnings Before Tax	95 000	4 000	−1 693 000
Tax	3 165 000	73 000	−373 000
Net Income	−3 070 000	−69 000	−1 321 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 942 000	15 770 000	12 977 000
Total Current Assets	26 658 000	33 856 000	9 461 000
Total Assets	28 601 000	49 626 000	22 438 000
Total Retained Equity	−4 460 000	−69 000	0
Total Equity	7 004 000	10 075 000	10 144 000
Total Long-Term Debt	0	0	0
Total Current Debt	21 596 000	39 551 000	12 294 000
Total Equity and Debt	28 601 000	49 626 000	22 438 000

Cash flow (NOK)	2022	2021	2020
Sales Income	29 782 000	25 455 000	6 600 000
Other Income	3 021 000	0	0
Revenue	32 803 000	25 455 000	6 600 000
Cost of Goods Sold	7 842 000	8 104 000	2 805 000
Salary Costs	2 421 000	2 004 000	0
Depreciation	10 136 000	11 713 000	5 310 000
Impairment	24 000	0	0
Expenditure	30 423 000	25 100 000	8 383 000
Operating Profit	2 379 000	356 000	−1 783 000
Financial Income	0	−352 000	90 000
Financial Costs	2 284 000	0	0
Financial Balance	−2 284 000	−352 000	90 000
Dividends	0	0	0
Net Income	−3 070 000	−69 000	−1 321 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	1 748 000	383 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 755 000	14 022 000	12 594 000
Total Tangible Assets	1 755 000	14 022 000	12 594 000
Total Fiancial Fixed Assets	188 000	0	0
Total Fixed Assets	1 942 000	15 770 000	12 977 000
Stock	0	495 000	1 282 000
Total Investments	0	0	0
Cash, Bank	1 252 000	2 147 000	3 848 000
Total Current Assets	26 658 000	33 856 000	9 461 000
Total Assets	28 601 000	49 626 000	22 438 000
Total Equity	7 004 000	10 075 000	10 144 000
Short-Term Group Debt	18 264 000	36 015 000	11 870 000
Total Long-Term Debt	0	0	0
Creditors	427 000	22 000	3 000
Unpaid Taxes	308 000	483 000	38 000
Dividends	0	0	0
Other Current Debt	1 180 000	1 582 000	373 000
Total Current Debt	21 596 000	39 551 000	12 294 000
Total Equity and Debt	28 601 000	49 626 000	22 438 000

Financial indicators	2022	2021	2020
Return on Equity	−43,83 %	−0,68 %	−13,02 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,25 %	1,4 %	−27,02 %
Current Ratio	1,23	0,86	0,77
Quick Ratio	1,23	0,87	0,86
Equity Ratio	0,24	0,2	0,45
Gross Profit Margin	76,09 %	68,16 %	57,5 %