BITCONFIDANT AS

4842 ARENDAL

Finances

Share Ownership

Return on Equity

59,71 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 262 000	2 287 000	2 298 000	2 071 000
Net Income	83 000	94 000	195 000	235 000
Total Assets	741 000	562 000	670 000	637 000
Total Equity	139 000	127 000	141 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 262 000	2 287 000	2 298 000	2 071 000
Expenditure	2 156 000	2 167 000	2 025 000	1 769 000
Operating Profit	106 000	120 000	274 000	301 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	12 000	0
Financial Balance	−1 000	0	−12 000	0
Earnings Before Tax	106 000	120 000	262 000	301 000
Tax	23 000	26 000	67 000	66 000
Net Income	83 000	94 000	195 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	114 000	0	12 000
Total Current Assets	741 000	449 000	670 000	625 000
Total Assets	741 000	562 000	670 000	637 000
Total Retained Equity	109 000	97 000	111 000	8 000
Total Equity	139 000	127 000	141 000	38 000
Total Long-Term Debt	109 000	0	0	0
Total Current Debt	493 000	436 000	529 000	599 000
Total Equity and Debt	741 000	562 000	670 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 262 000	2 287 000	2 298 000	2 071 000
Other Income	0	0	0	0
Revenue	2 262 000	2 287 000	2 298 000	2 071 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 112 000	2 122 000	1 962 000	1 696 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 156 000	2 167 000	2 025 000	1 769 000
Operating Profit	106 000	120 000	274 000	301 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	12 000	0
Financial Balance	−1 000	0	−12 000	0
Dividends	70 000	108 000	92 000	230 000
Net Income	83 000	94 000	195 000	235 000

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	114 000	0	12 000
Total Fixed Assets	0	114 000	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	541 000	225 000	415 000	148 000
Total Current Assets	741 000	449 000	670 000	625 000
Total Assets	741 000	562 000	670 000	637 000
Total Equity	139 000	127 000	141 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 000	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	222 000	227 000	189 000	177 000
Dividends	70 000	108 000	92 000	230 000
Other Current Debt	177 000	183 000	181 000	125 000
Total Current Debt	493 000	436 000	529 000	599 000
Total Equity and Debt	741 000	562 000	670 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,71 %	74,02 %	138,3 %	618,42 %
Debt-to-Equity Ratio	0,78	0	0	0
Operating Profit Margin	4,69 %	5,25 %	11,92 %	14,53 %
Current Ratio	1,5	1,03	1,27	1,04
Quick Ratio	1,5	1,03	1,27	1,04
Equity Ratio	0,19	0,23	0,21	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %