BITSECTOR AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

48,48 %

Current Ratio

3,22

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	426 000	246 000	153 000	318 000
Net Income	208 000	107 000	−53 000	44 000
Total Assets	608 000	346 000	223 000	162 000
Total Equity	429 000	221 000	114 000	165 000

Income (NOK)	2022	2021	2020	2019
Revenue	426 000	246 000	153 000	318 000
Expenditure	181 000	113 000	205 000	274 000
Operating Profit	245 000	134 000	−52 000	44 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	244 000	134 000	−53 000	44 000
Tax	36 000	27 000	0	0
Net Income	208 000	107 000	−53 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	29 000	33 000	21 000
Total Current Assets	560 000	316 000	190 000	141 000
Total Assets	608 000	346 000	223 000	162 000
Total Retained Equity	405 000	197 000	90 000	140 000
Total Equity	429 000	221 000	114 000	165 000
Total Long-Term Debt	6 000	−13 000	−9 000	−9 000
Total Current Debt	174 000	138 000	118 000	7 000
Total Equity and Debt	608 000	346 000	223 000	162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	426 000	246 000	153 000	318 000
Other Income	0	0	0	0
Revenue	426 000	246 000	153 000	318 000
Cost of Goods Sold	140 000	29 000	85 000	147 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	181 000	113 000	205 000	274 000
Operating Profit	245 000	134 000	−52 000	44 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	208 000	107 000	−53 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	9 000	9 000	9 000
Fixtures	20 000	20 000	20 000	12 000
Total Tangible Assets	29 000	29 000	29 000	21 000
Total Fiancial Fixed Assets	19 000	0	0	0
Total Fixed Assets	48 000	29 000	33 000	21 000
Stock	323 000	77 000	36 000	24 000
Total Investments	0	0	0	0
Cash, Bank	82 000	26 000	19 000	97 000
Total Current Assets	560 000	316 000	190 000	141 000
Total Assets	608 000	346 000	223 000	162 000
Total Equity	429 000	221 000	114 000	165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	−13 000	−9 000	−9 000
Creditors	0	0	0	5 000
Unpaid Taxes	99 000	99 000	97 000	93 000
Dividends	0	0	0	0
Other Current Debt	21 000	21 000	21 000	21 000
Total Current Debt	174 000	138 000	118 000	7 000
Total Equity and Debt	608 000	346 000	223 000	162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,48 %	48,42 %	−46,49 %	26,67 %
Debt-to-Equity Ratio	0,01	−0,06	−0,08	−0,05
Operating Profit Margin	57,51 %	54,47 %	−33,99 %	13,84 %
Current Ratio	3,22	2,29	1,61	20,14
Quick Ratio	−3,76	5,18	2,32	−8,29
Equity Ratio	0,71	0,64	0,51	1,02
Gross Profit Margin	67,14 %	88,21 %	44,44 %	53,77 %