BITI MASKIN AS

9520 KAUTOKEINO

Finances

Share Ownership

Return on Equity

73,48 %

Current Ratio

1,48

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 971 000	3 718 000	3 662 000	3 279 000
Net Income	291 000	−361 000	314 000	−301 000
Total Assets	2 871 000	2 402 000	2 408 000	1 527 000
Total Equity	396 000	105 000	466 000	152 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 971 000	3 718 000	3 662 000	3 279 000
Expenditure	3 664 000	4 076 000	3 329 000	3 580 000
Operating Profit	306 000	−358 000	333 000	−300 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	5 000	2 000	1 000
Financial Balance	−10 000	−5 000	−1 000	−1 000
Earnings Before Tax	296 000	−364 000	332 000	−301 000
Tax	6 000	−3 000	18 000	0
Net Income	291 000	−361 000	314 000	−301 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	420 000	591 000	624 000	451 000
Total Current Assets	2 450 000	1 811 000	1 785 000	1 076 000
Total Assets	2 871 000	2 402 000	2 408 000	1 527 000
Total Retained Equity	358 000	67 000	428 000	114 000
Total Equity	396 000	105 000	466 000	152 000
Total Long-Term Debt	820 000	823 000	832 000	375 000
Total Current Debt	1 654 000	1 473 000	1 109 000	1 000 000
Total Equity and Debt	2 871 000	2 402 000	2 408 000	1 527 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 971 000	3 642 000	3 662 000	3 279 000
Other Income	0	76 000	0	0
Revenue	3 971 000	3 718 000	3 662 000	3 279 000
Cost of Goods Sold	420 000	488 000	631 000	782 000
Salary Costs	1 221 000	1 323 000	988 000	999 000
Depreciation	89 000	80 000	42 000	19 000
Impairment	0	0	0	0
Expenditure	3 664 000	4 076 000	3 329 000	3 580 000
Operating Profit	306 000	−358 000	333 000	−300 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	5 000	2 000	1 000
Financial Balance	−10 000	−5 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	291 000	−361 000	314 000	−301 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	178 000	252 000	188 000	94 000
Fixtures	33 000	47 000	62 000	16 000
Total Tangible Assets	211 000	300 000	250 000	111 000
Total Fiancial Fixed Assets	210 000	292 000	373 000	340 000
Total Fixed Assets	420 000	591 000	624 000	451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	744 000	320 000	446 000
Total Current Assets	2 450 000	1 811 000	1 785 000	1 076 000
Total Assets	2 871 000	2 402 000	2 408 000	1 527 000
Total Equity	396 000	105 000	466 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	820 000	823 000	832 000	375 000
Creditors	−84 000	188 000	315 000	−1 000
Unpaid Taxes	411 000	243 000	113 000	155 000
Dividends	0	0	0	0
Other Current Debt	808 000	529 000	160 000	342 000
Total Current Debt	1 654 000	1 473 000	1 109 000	1 000 000
Total Equity and Debt	2 871 000	2 402 000	2 408 000	1 527 000

Financial indicators	2021	2020	2019	2018
Return on Equity	73,48 %	−343,81 %	67,38 %	−198,03 %
Debt-to-Equity Ratio	2,07	7,84	1,79	2,47
Operating Profit Margin	7,71 %	−9,63 %	9,09 %	−9,15 %
Current Ratio	1,48	1,23	1,61	1,08
Quick Ratio	1,48	1,23	1,61	1,08
Equity Ratio	0,14	0,04	0,19	0,1
Gross Profit Margin	89,42 %	86,87 %	82,77 %	76,15 %