BIT AS

0364 OSLO

Finances

Return on Equity

55,22 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 286 000	71 725 000	84 742 000	133 673 000
Net Income	5 064 000	−159 000	−2 804 000	10 419 000
Total Assets	54 328 000	41 867 000	40 633 000	51 194 000
Total Equity	9 170 000	6 877 000	7 035 000	9 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 286 000	71 725 000	84 742 000	133 673 000
Expenditure	130 084 000	70 972 000	87 564 000	120 131 000
Operating Profit	7 202 000	754 000	−2 822 000	13 543 000
Financial Income	73 000	16 000	16 000	53 000
Financial Costs	776 000	972 000	789 000	1 047 000
Financial Balance	−703 000	−956 000	−773 000	−994 000
Earnings Before Tax	6 499 000	−202 000	−3 595 000	12 548 000
Tax	1 435 000	−43 000	−791 000	2 130 000
Net Income	5 064 000	−159 000	−2 804 000	10 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 715 000	13 373 000	19 039 000	22 480 000
Total Current Assets	41 612 000	28 494 000	21 594 000	28 714 000
Total Assets	54 328 000	41 867 000	40 633 000	51 194 000
Total Retained Equity	9 070 000	6 777 000	6 935 000	9 739 000
Total Equity	9 170 000	6 877 000	7 035 000	9 839 000
Total Long-Term Debt	18 378 000	19 126 000	13 756 000	8 341 000
Total Current Debt	26 779 000	15 864 000	19 842 000	33 014 000
Total Equity and Debt	54 328 000	41 867 000	40 633 000	51 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 529 000	66 128 000	77 815 000	133 458 000
Other Income	757 000	5 598 000	6 927 000	215 000
Revenue	137 286 000	71 725 000	84 742 000	133 673 000
Cost of Goods Sold	36 584 000	17 501 000	20 762 000	32 743 000
Salary Costs	41 001 000	22 070 000	26 974 000	40 085 000
Depreciation	4 861 000	4 867 000	5 174 000	4 394 000
Impairment	0	0	0	0
Expenditure	130 084 000	70 972 000	87 564 000	120 131 000
Operating Profit	7 202 000	754 000	−2 822 000	13 543 000
Financial Income	73 000	16 000	16 000	53 000
Financial Costs	776 000	972 000	789 000	1 047 000
Financial Balance	−703 000	−956 000	−773 000	−994 000
Dividends	0	0	0	0
Net Income	5 064 000	−159 000	−2 804 000	10 419 000

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	8 146 000	11 530 000	15 382 000	18 388 000
Fixtures	4 569 000	1 843 000	3 657 000	4 092 000
Total Tangible Assets	12 715 000	13 373 000	19 039 000	22 480 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 715 000	13 373 000	19 039 000	22 480 000
Stock	1 777 000	1 191 000	1 642 000	1 397 000
Total Investments	0	0	0	0
Cash, Bank	20 448 000	9 877 000	4 821 000	7 280 000
Total Current Assets	41 612 000	28 494 000	21 594 000	28 714 000
Total Assets	54 328 000	41 867 000	40 633 000	51 194 000
Total Equity	9 170 000	6 877 000	7 035 000	9 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 378 000	19 126 000	13 756 000	8 341 000
Creditors	6 087 000	4 070 000	5 310 000	11 593 000
Unpaid Taxes	3 117 000	2 404 000	4 115 000	2 813 000
Dividends	0	0	0	0
Other Current Debt	16 952 000	9 390 000	9 469 000	17 660 000
Total Current Debt	26 779 000	15 864 000	19 842 000	33 014 000
Total Equity and Debt	54 328 000	41 867 000	40 633 000	51 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,22 %	−2,31 %	−39,86 %	105,89 %
Debt-to-Equity Ratio	2	2,78	1,96	0,85
Operating Profit Margin	5,25 %	1,05 %	−3,33 %	10,13 %
Current Ratio	1,55	1,8	1,09	0,87
Quick Ratio	1,66	1,94	1,19	0,91
Equity Ratio	0,17	0,16	0,17	0,19
Gross Profit Margin	73,35 %	75,6 %	75,5 %	75,51 %