BITS AS

0253 OSLO

Finances

Share Ownership

Return on Equity

1,22 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 931 000	63 106 000	92 022 000	56 360 000
Net Income	194 000	−7 821 000	20 065 000	−5 136 000
Total Assets	32 156 000	37 971 000	36 465 000	23 688 000
Total Equity	15 866 000	15 673 000	23 494 000	3 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 931 000	63 106 000	92 022 000	56 360 000
Expenditure	74 079 000	71 023 000	72 103 000	61 629 000
Operating Profit	−148 000	−7 917 000	19 920 000	−5 268 000
Financial Income	350 000	102 000	146 000	156 000
Financial Costs	8 000	6 000	0	23 000
Financial Balance	342 000	96 000	146 000	133 000
Earnings Before Tax	194 000	−7 821 000	20 065 000	−5 136 000
Tax	0	0	0	0
Net Income	194 000	−7 821 000	20 065 000	−5 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 812 000	1 672 000	1 746 000	1 878 000
Total Current Assets	30 344 000	36 298 000	34 719 000	21 809 000
Total Assets	32 156 000	37 971 000	36 465 000	23 688 000
Total Retained Equity	15 836 000	15 643 000	23 464 000	3 398 000
Total Equity	15 866 000	15 673 000	23 494 000	3 428 000
Total Long-Term Debt	3 007 000	2 959 000	2 629 000	331 000
Total Current Debt	13 283 000	19 339 000	10 342 000	19 928 000
Total Equity and Debt	32 156 000	37 971 000	36 465 000	23 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 931 000	63 106 000	92 022 000	56 258 000
Other Income	0	0	0	102 000
Revenue	73 931 000	63 106 000	92 022 000	56 360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	48 683 000	43 507 000	38 615 000	33 680 000
Depreciation	261 000	263 000	245 000	288 000
Impairment	0	0	0	0
Expenditure	74 079 000	71 023 000	72 103 000	61 629 000
Operating Profit	−148 000	−7 917 000	19 920 000	−5 268 000
Financial Income	350 000	102 000	146 000	156 000
Financial Costs	8 000	6 000	0	23 000
Financial Balance	342 000	96 000	146 000	133 000
Dividends	0	0	0	0
Net Income	194 000	−7 821 000	20 065 000	−5 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	50 000
Real Eastate	737 000	948 000	1 158 000	1 369 000
Machinery and Plant Facilities	44 000	95 000	93 000	128 000
Fixtures	26 000	26 000	0	0
Total Tangible Assets	807 000	1 068 000	1 252 000	1 497 000
Total Fiancial Fixed Assets	955 000	554 000	444 000	331 000
Total Fixed Assets	1 812 000	1 672 000	1 746 000	1 878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 424 000	35 030 000	32 093 000	19 254 000
Total Current Assets	30 344 000	36 298 000	34 719 000	21 809 000
Total Assets	32 156 000	37 971 000	36 465 000	23 688 000
Total Equity	15 866 000	15 673 000	23 494 000	3 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 007 000	2 959 000	2 629 000	331 000
Creditors	5 407 000	6 219 000	4 759 000	3 506 000
Unpaid Taxes	2 805 000	2 066 000	2 054 000	889 000
Dividends	0	0	0	0
Other Current Debt	5 070 000	11 054 000	3 529 000	15 533 000
Total Current Debt	13 283 000	19 339 000	10 342 000	19 928 000
Total Equity and Debt	32 156 000	37 971 000	36 465 000	23 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,22 %	−49,9 %	85,4 %	−149,82 %
Debt-to-Equity Ratio	0,19	0,19	0,11	0,1
Operating Profit Margin	−0,2 %	−12,55 %	21,65 %	−9,35 %
Current Ratio	2,28	1,88	3,36	1,09
Quick Ratio	2,28	1,88	3,36	1,09
Equity Ratio	0,49	0,41	0,64	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %