BITIT AS

3864 RAULAND

Finances

Share Ownership

Return on Equity

72,33 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 381 000	1 445 000	3 011 000	2 284 000
Net Income	183 000	−177 000	434 000	268 000
Total Assets	518 000	612 000	1 374 000	808 000
Total Equity	253 000	201 000	658 000	374 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 381 000	1 445 000	3 011 000	2 284 000
Expenditure	1 194 000	1 624 000	2 454 000	1 939 000
Operating Profit	187 000	−180 000	556 000	344 000
Financial Income	10 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	10 000	0	0	−1 000
Earnings Before Tax	196 000	−180 000	556 000	343 000
Tax	14 000	−2 000	122 000	76 000
Net Income	183 000	−177 000	434 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	190 000	247 000	74 000
Total Current Assets	468 000	421 000	1 127 000	734 000
Total Assets	518 000	612 000	1 374 000	808 000
Total Retained Equity	229 000	176 000	634 000	350 000
Total Equity	253 000	201 000	658 000	374 000
Total Long-Term Debt	0	0	2 000	1 000
Total Current Debt	265 000	411 000	714 000	433 000
Total Equity and Debt	518 000	612 000	1 374 000	808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 377 000	1 445 000	3 011 000	2 284 000
Other Income	4 000	0	0	0
Revenue	1 381 000	1 445 000	3 011 000	2 284 000
Cost of Goods Sold	0	0	0	0
Salary Costs	989 000	1 343 000	2 222 000	1 766 000
Depreciation	31 000	73 000	56 000	23 000
Impairment	0	0	0	0
Expenditure	1 194 000	1 624 000	2 454 000	1 939 000
Operating Profit	187 000	−180 000	556 000	344 000
Financial Income	10 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	10 000	0	0	−1 000
Dividends	0	130 000	0	0
Net Income	183 000	−177 000	434 000	268 000

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	50 000	190 000	247 000	74 000
Total Tangible Assets	50 000	190 000	247 000	74 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	190 000	247 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	173 000	155 000	390 000	263 000
Total Current Assets	468 000	421 000	1 127 000	734 000
Total Assets	518 000	612 000	1 374 000	808 000
Total Equity	253 000	201 000	658 000	374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	1 000
Creditors	4 000	1 000	3 000	1 000
Unpaid Taxes	136 000	154 000	382 000	196 000
Dividends	0	130 000	0	0
Other Current Debt	111 000	125 000	208 000	160 000
Total Current Debt	265 000	411 000	714 000	433 000
Total Equity and Debt	518 000	612 000	1 374 000	808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,33 %	−88,06 %	65,96 %	71,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,54 %	−12,46 %	18,47 %	15,06 %
Current Ratio	1,77	1,02	1,58	1,7
Quick Ratio	1,77	1,02	1,58	1,7
Equity Ratio	0,49	0,33	0,48	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %