BITSTREET AS

6210 VALLDAL

Finances

Share Ownership

Return on Equity

46,34 %

Current Ratio

9,53

Debt-to-Equity Ratio

−1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	600 000	348 000	138 000
Net Income	−500 000	−145 000	59 000	−296 000
Total Assets	1 067 000	1 201 000	1 019 000	520 000
Total Equity	−1 079 000	−579 000	−434 000	−493 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	600 000	348 000	138 000
Expenditure	661 000	737 000	281 000	425 000
Operating Profit	−470 000	−138 000	67 000	−286 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	30 000	8 000	9 000	10 000
Financial Balance	−30 000	−7 000	−8 000	−9 000
Earnings Before Tax	−500 000	−145 000	59 000	−296 000
Tax	0	0	0	0
Net Income	−500 000	−145 000	59 000	−296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	30 000	52 000	129 000
Total Current Assets	1 067 000	1 171 000	967 000	391 000
Total Assets	1 067 000	1 201 000	1 019 000	520 000
Total Retained Equity	−1 101 000	−602 000	−457 000	−516 000
Total Equity	−1 079 000	−579 000	−434 000	−493 000
Total Long-Term Debt	2 033 000	1 672 000	1 286 000	709 000
Total Current Debt	112 000	108 000	167 000	304 000
Total Equity and Debt	1 067 000	1 201 000	1 019 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 000	225 000	48 000	120 000
Other Income	122 000	374 000	300 000	18 000
Revenue	191 000	600 000	348 000	138 000
Cost of Goods Sold	19 000	0	0	4 000
Salary Costs	9 000	212 000	77 000	69 000
Depreciation	0	28 000	77 000	134 000
Impairment	0	0	0	0
Expenditure	661 000	737 000	281 000	425 000
Operating Profit	−470 000	−138 000	67 000	−286 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	30 000	8 000	9 000	10 000
Financial Balance	−30 000	−7 000	−8 000	−9 000
Dividends	0	0	0	0
Net Income	−500 000	−145 000	59 000	−296 000

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	22 000	73 000
Fixtures	0	0	6 000	32 000
Total Tangible Assets	0	0	28 000	105 000
Total Fiancial Fixed Assets	0	30 000	24 000	24 000
Total Fixed Assets	0	30 000	52 000	129 000
Stock	0	0	0	0
Total Investments	992 000	1 119 000	958 000	338 000
Cash, Bank	8 000	17 000	10 000	53 000
Total Current Assets	1 067 000	1 171 000	967 000	391 000
Total Assets	1 067 000	1 201 000	1 019 000	520 000
Total Equity	−1 079 000	−579 000	−434 000	−493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 033 000	1 672 000	1 286 000	709 000
Creditors	111 000	70 000	27 000	54 000
Unpaid Taxes	1 000	18 000	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	19 000	140 000	243 000
Total Current Debt	112 000	108 000	167 000	304 000
Total Equity and Debt	1 067 000	1 201 000	1 019 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,34 %	25,04 %	−13,59 %	60,04 %
Debt-to-Equity Ratio	−1,88	−2,89	−2,96	−1,44
Operating Profit Margin	−246,07 %	−23 %	19,25 %	−207,25 %
Current Ratio	9,53	10,84	5,79	1,29
Quick Ratio	9,53	10,84	5,79	1,29
Equity Ratio	−1,01	−0,48	−0,43	−0,95
Gross Profit Margin	90,05 %	100 %	100 %	97,1 %