BITTA AS

3915 PORSGRUNN

Finances

Return on Equity

4,55 %

Current Ratio

15,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 164 000	979 000	1 007 000	1 084 000
Net Income	45 000	20 000	19 000	194 000
Total Assets	1 058 000	1 050 000	1 010 000	1 045 000
Total Equity	990 000	945 000	925 000	906 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 164 000	979 000	1 007 000	1 084 000
Expenditure	1 100 000	958 000	991 000	838 000
Operating Profit	63 000	21 000	16 000	247 000
Financial Income	6 000	5 000	7 000	0
Financial Costs	13 000	2 000	3 000	3 000
Financial Balance	−7 000	3 000	4 000	−3 000
Earnings Before Tax	56 000	25 000	19 000	244 000
Tax	12 000	5 000	0	50 000
Net Income	45 000	20 000	19 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	30 000	0
Total Current Assets	1 056 000	1 048 000	980 000	1 045 000
Total Assets	1 058 000	1 050 000	1 010 000	1 045 000
Total Retained Equity	890 000	845 000	825 000	806 000
Total Equity	990 000	945 000	925 000	906 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	105 000	84 000	139 000
Total Equity and Debt	1 058 000	1 050 000	1 010 000	1 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 164 000	923 000	978 000	1 082 000
Other Income	0	56 000	28 000	2 000
Revenue	1 164 000	979 000	1 007 000	1 084 000
Cost of Goods Sold	410 000	435 000	370 000	269 000
Salary Costs	386 000	273 000	345 000	300 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 100 000	958 000	991 000	838 000
Operating Profit	63 000	21 000	16 000	247 000
Financial Income	6 000	5 000	7 000	0
Financial Costs	13 000	2 000	3 000	3 000
Financial Balance	−7 000	3 000	4 000	−3 000
Dividends	0	0	0	0
Net Income	45 000	20 000	19 000	194 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 000	2 000	30 000	0
Total Fixed Assets	2 000	2 000	30 000	0
Stock	933 000	732 000	759 000	730 000
Total Investments	0	0	0	0
Cash, Bank	112 000	276 000	188 000	255 000
Total Current Assets	1 056 000	1 048 000	980 000	1 045 000
Total Assets	1 058 000	1 050 000	1 010 000	1 045 000
Total Equity	990 000	945 000	925 000	906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−11 000	12 000	0	0
Unpaid Taxes	40 000	64 000	49 000	61 000
Dividends	0	0	0	0
Other Current Debt	28 000	24 000	35 000	28 000
Total Current Debt	68 000	105 000	84 000	139 000
Total Equity and Debt	1 058 000	1 050 000	1 010 000	1 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,55 %	2,12 %	2,05 %	21,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,41 %	2,15 %	1,59 %	22,79 %
Current Ratio	15,53	9,98	11,67	7,52
Quick Ratio	−1,22	−1,67	−1,45	−1,77
Equity Ratio	0,94	0,9	0,92	0,87
Gross Profit Margin	64,78 %	55,57 %	63,26 %	75,18 %