BITASTAD AS

7011 TRONDHEIM

Finances

Return on Equity

20,63 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 377 000	21 867 000	25 642 000	2 206 000
Net Income	55 317 000	27 269 000	23 373 000	9 880 000
Total Assets	457 936 000	420 267 000	417 656 000	410 247 000
Total Equity	268 162 000	248 940 000	244 316 000	243 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 377 000	21 867 000	25 642 000	2 206 000
Expenditure	49 879 000	33 423 000	36 003 000	11 920 000
Operating Profit	−2 502 000	−11 556 000	−10 361 000	−9 713 000
Financial Income	62 473 000	49 500 000	44 462 000	47 242 000
Financial Costs	−7 180 000	2 954 000	4 331 000	21 207 000
Financial Balance	69 653 000	46 546 000	40 131 000	26 035 000
Earnings Before Tax	67 151 000	34 990 000	29 769 000	16 322 000
Tax	11 833 000	7 720 000	6 397 000	6 442 000
Net Income	55 317 000	27 269 000	23 373 000	9 880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 307 000	317 800 000	265 195 000	248 790 000
Total Current Assets	107 629 000	102 467 000	152 461 000	161 457 000
Total Assets	457 936 000	420 267 000	417 656 000	410 247 000
Total Retained Equity	47 863 000	28 641 000	24 016 000	23 323 000
Total Equity	268 162 000	248 940 000	244 316 000	243 623 000
Total Long-Term Debt	93 321 000	110 410 000	116 214 000	126 475 000
Total Current Debt	96 452 000	60 916 000	57 126 000	40 149 000
Total Equity and Debt	457 936 000	420 267 000	417 656 000	410 247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	47 377 000	21 867 000	25 642 000	2 206 000
Revenue	47 377 000	21 867 000	25 642 000	2 206 000
Cost of Goods Sold	18 834 000	13 511 000	20 062 000	0
Salary Costs	17 338 000	13 292 000	9 743 000	7 347 000
Depreciation	3 563 000	781 000	0	0
Impairment	0	0	0	0
Expenditure	49 879 000	33 423 000	36 003 000	11 920 000
Operating Profit	−2 502 000	−11 556 000	−10 361 000	−9 713 000
Financial Income	62 473 000	49 500 000	44 462 000	47 242 000
Financial Costs	−7 180 000	2 954 000	4 331 000	21 207 000
Financial Balance	69 653 000	46 546 000	40 131 000	26 035 000
Dividends	0	0	0	0
Net Income	55 317 000	27 269 000	23 373 000	9 880 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 522 000	26 477 000	8 723 000	1 122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	0	0	0
Total Tangible Assets	46 000	0	0	0
Total Fiancial Fixed Assets	310 739 000	291 323 000	256 473 000	247 668 000
Total Fixed Assets	350 307 000	317 800 000	265 195 000	248 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 163 000	24 978 000	40 771 000	15 358 000
Total Current Assets	107 629 000	102 467 000	152 461 000	161 457 000
Total Assets	457 936 000	420 267 000	417 656 000	410 247 000
Total Equity	268 162 000	248 940 000	244 316 000	243 623 000
Short-Term Group Debt	83 026 000	48 737 000	49 008 000	37 044 000
Total Long-Term Debt	93 321 000	110 410 000	116 214 000	126 475 000
Creditors	6 805 000	6 697 000	2 009 000	1 447 000
Unpaid Taxes	3 709 000	935 000	996 000	497 000
Dividends	0	0	0	0
Other Current Debt	2 912 000	4 547 000	5 113 000	1 161 000
Total Current Debt	96 452 000	60 916 000	57 126 000	40 149 000
Total Equity and Debt	457 936 000	420 267 000	417 656 000	410 247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,63 %	10,95 %	9,57 %	4,06 %
Debt-to-Equity Ratio	0,35	0,44	0,48	0,52
Operating Profit Margin	−5,28 %	−52,85 %	−40,41 %	−440,3 %
Current Ratio	1,12	1,68	2,67	4,02
Quick Ratio	1,12	1,68	2,67	4,02
Equity Ratio	0,59	0,59	0,58	0,59
Gross Profit Margin	60,25 %	38,21 %	21,76 %	100 %