BITSPACE AS

0352 OSLO

Finances

Return on Equity

−62,01 %

Current Ratio

0,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 353 000	1 319 000	260 000	487 000
Net Income	−1 118 000	−178 000	166 000	1 572 000
Total Assets	4 661 000	5 062 000	3 919 000	3 438 000
Total Equity	1 803 000	2 921 000	3 099 000	2 733 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 353 000	1 319 000	260 000	487 000
Expenditure	2 470 000	1 518 000	648 000	1 847 000
Operating Profit	−1 116 000	−198 000	−388 000	−1 359 000
Financial Income	0	22 000	1 808 000	3 048 000
Financial Costs	2 000	1 000	1 254 000	116 000
Financial Balance	−2 000	21 000	554 000	2 932 000
Earnings Before Tax	−1 118 000	−178 000	166 000	1 572 000
Tax	0	0	0	0
Net Income	−1 118 000	−178 000	166 000	1 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 373 000	4 073 000	3 695 000	3 276 000
Total Current Assets	288 000	990 000	224 000	162 000
Total Assets	4 661 000	5 062 000	3 919 000	3 438 000
Total Retained Equity	−3 322 000	−2 204 000	−2 027 000	−2 393 000
Total Equity	1 803 000	2 921 000	3 099 000	2 733 000
Total Long-Term Debt	1 797 000	1 500 000	500 000	600 000
Total Current Debt	1 061 000	641 000	320 000	106 000
Total Equity and Debt	4 661 000	5 062 000	3 919 000	3 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 625 000	940 000	206 000	483 000
Other Income	−272 000	380 000	54 000	4 000
Revenue	1 353 000	1 319 000	260 000	487 000
Cost of Goods Sold	19 000	−6 000	1 000	12 000
Salary Costs	2 242 000	1 300 000	253 000	650 000
Depreciation	0	4 000	6 000	18 000
Impairment	0	0	0	0
Expenditure	2 470 000	1 518 000	648 000	1 847 000
Operating Profit	−1 116 000	−198 000	−388 000	−1 359 000
Financial Income	0	22 000	1 808 000	3 048 000
Financial Costs	2 000	1 000	1 254 000	116 000
Financial Balance	−2 000	21 000	554 000	2 932 000
Dividends	0	0	0	0
Net Income	−1 118 000	−178 000	166 000	1 572 000

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	15 000	15 000	19 000	25 000
Total Tangible Assets	15 000	15 000	19 000	25 000
Total Fiancial Fixed Assets	4 358 000	4 058 000	3 676 000	3 252 000
Total Fixed Assets	4 373 000	4 073 000	3 695 000	3 276 000
Stock	17 000	36 000	30 000	31 000
Total Investments	0	0	0	0
Cash, Bank	137 000	549 000	95 000	84 000
Total Current Assets	288 000	990 000	224 000	162 000
Total Assets	4 661 000	5 062 000	3 919 000	3 438 000
Total Equity	1 803 000	2 921 000	3 099 000	2 733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 797 000	1 500 000	500 000	600 000
Creditors	8 000	17 000	13 000	24 000
Unpaid Taxes	93 000	237 000	23 000	8 000
Dividends	0	0	0	0
Other Current Debt	960 000	387 000	284 000	74 000
Total Current Debt	1 061 000	641 000	320 000	106 000
Total Equity and Debt	4 661 000	5 062 000	3 919 000	3 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,01 %	−6,09 %	5,36 %	57,52 %
Debt-to-Equity Ratio	1	0,51	0,16	0,22
Operating Profit Margin	−82,48 %	−15,01 %	−149,23 %	−279,06 %
Current Ratio	0,27	1,54	0,7	1,53
Quick Ratio	0,28	1,64	0,77	2,16
Equity Ratio	0,39	0,58	0,79	0,79
Gross Profit Margin	98,6 %	100,45 %	99,62 %	97,54 %