BITBYTE AS

4025 STAVANGER

Finances

Share Ownership

Return on Equity

6,42 %

Current Ratio

0,69

Debt-to-Equity Ratio

−0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	591 000	167 000	512 000
Net Income	−12 000	−75 000	−46 000	−160 000
Total Assets	259 000	198 000	165 000	71 000
Total Equity	−187 000	−175 000	−101 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	591 000	167 000	512 000
Expenditure	301 000	666 000	213 000	672 000
Operating Profit	−12 000	−75 000	−46 000	−160 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−12 000	−75 000	−46 000	−160 000
Tax	0	0	0	0
Net Income	−12 000	−75 000	−46 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	259 000	198 000	165 000	71 000
Total Assets	259 000	198 000	165 000	71 000
Total Retained Equity	−217 000	−205 000	−131 000	−85 000
Total Equity	−187 000	−175 000	−101 000	−55 000
Total Long-Term Debt	70 000	70 000	70 000	0
Total Current Debt	376 000	304 000	195 000	126 000
Total Equity and Debt	259 000	198 000	165 000	71 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 000	468 000	95 000	267 000
Other Income	80 000	123 000	72 000	245 000
Revenue	290 000	591 000	167 000	512 000
Cost of Goods Sold	0	36 000	1 000	248 000
Salary Costs	258 000	578 000	173 000	339 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	301 000	666 000	213 000	672 000
Operating Profit	−12 000	−75 000	−46 000	−160 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−12 000	−75 000	−46 000	−160 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	198 000	62 000	71 000
Total Current Assets	259 000	198 000	165 000	71 000
Total Assets	259 000	198 000	165 000	71 000
Total Equity	−187 000	−175 000	−101 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	70 000	70 000	0
Creditors	0	0	0	7 000
Unpaid Taxes	64 000	134 000	69 000	12 000
Dividends	0	0	0	0
Other Current Debt	208 000	106 000	62 000	44 000
Total Current Debt	376 000	304 000	195 000	126 000
Total Equity and Debt	259 000	198 000	165 000	71 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,42 %	42,86 %	45,54 %	290,91 %
Debt-to-Equity Ratio	−0,37	−0,4	−0,69	−0
Operating Profit Margin	−4,14 %	−12,69 %	−27,54 %	−31,25 %
Current Ratio	0,69	0,65	0,85	0,56
Quick Ratio	0,69	0,65	0,85	0,56
Equity Ratio	−0,72	−0,88	−0,61	−0,77
Gross Profit Margin	100 %	93,91 %	99,4 %	51,56 %