BITFARM AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

1,63 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 691 000	4 990 000	3 875 000	4 673 000
Net Income	4 000	−2 000	5 000	162 000
Total Assets	1 921 000	1 868 000	1 233 000	1 226 000
Total Equity	245 000	241 000	243 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 691 000	4 990 000	3 875 000	4 673 000
Expenditure	6 674 000	4 989 000	3 866 000	4 499 000
Operating Profit	17 000	1 000	8 000	174 000
Financial Income	0	0	0	0
Financial Costs	12 000	4 000	2 000	2 000
Financial Balance	−12 000	−4 000	−2 000	−2 000
Earnings Before Tax	5 000	−2 000	6 000	172 000
Tax	1 000	−1 000	1 000	10 000
Net Income	4 000	−2 000	5 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	0	0
Total Current Assets	1 920 000	1 868 000	1 233 000	1 226 000
Total Assets	1 921 000	1 868 000	1 233 000	1 226 000
Total Retained Equity	215 000	211 000	213 000	208 000
Total Equity	245 000	241 000	243 000	238 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	1 675 000	1 628 000	990 000	987 000
Total Equity and Debt	1 921 000	1 868 000	1 233 000	1 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 601 000	4 910 000	3 875 000	4 673 000
Other Income	90 000	80 000	0	0
Revenue	6 691 000	4 990 000	3 875 000	4 673 000
Cost of Goods Sold	6 605 000	4 839 000	3 624 000	4 150 000
Salary Costs	10 000	1 000	6 000	38 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 674 000	4 989 000	3 866 000	4 499 000
Operating Profit	17 000	1 000	8 000	174 000
Financial Income	0	0	0	0
Financial Costs	12 000	4 000	2 000	2 000
Financial Balance	−12 000	−4 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	4 000	−2 000	5 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	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	0	0	0	0
Total Fixed Assets	1 000	1 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	560 000	783 000	597 000	378 000
Total Current Assets	1 920 000	1 868 000	1 233 000	1 226 000
Total Assets	1 921 000	1 868 000	1 233 000	1 226 000
Total Equity	245 000	241 000	243 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	1 673 000	1 626 000	987 000	976 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	2 000	1 000	1 000
Total Current Debt	1 675 000	1 628 000	990 000	987 000
Total Equity and Debt	1 921 000	1 868 000	1 233 000	1 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,63 %	−0,83 %	2,06 %	68,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,25 %	0,02 %	0,21 %	3,72 %
Current Ratio	1,15	1,15	1,25	1,24
Quick Ratio	1,15	1,15	1,25	1,24
Equity Ratio	0,13	0,13	0,2	0,19
Gross Profit Margin	1,29 %	3,03 %	6,48 %	11,19 %