BITVERSE AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

−151,43 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	342 000	1 183 000	5 000	100 000
Net Income	−106 000	226 000	−5 000	−47 000
Total Assets	167 000	448 000	52 000	57 000
Total Equity	70 000	178 000	52 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	342 000	1 183 000	5 000	100 000
Expenditure	448 000	909 000	10 000	147 000
Operating Profit	−106 000	274 000	−5 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−107 000	275 000	−5 000	−47 000
Tax	−1 000	49 000	0	0
Net Income	−106 000	226 000	−5 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	167 000	448 000	52 000	57 000
Total Assets	167 000	448 000	52 000	57 000
Total Retained Equity	−40 000	73 000	−53 000	−47 000
Total Equity	70 000	178 000	52 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	270 000	0	0
Total Equity and Debt	167 000	448 000	52 000	57 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	342 000	1 183 000	5 000	0
Other Income	0	0	0	100 000
Revenue	342 000	1 183 000	5 000	100 000
Cost of Goods Sold	81 000	3 000	0	0
Salary Costs	196 000	647 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	448 000	909 000	10 000	147 000
Operating Profit	−106 000	274 000	−5 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	100 000	0	0
Net Income	−106 000	226 000	−5 000	−47 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	46 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	195 000	52 000	7 000
Total Current Assets	167 000	448 000	52 000	57 000
Total Assets	167 000	448 000	52 000	57 000
Total Equity	70 000	178 000	52 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	2 000	0	0
Unpaid Taxes	15 000	59 000	0	0
Dividends	0	100 000	0	0
Other Current Debt	73 000	60 000	0	0
Total Current Debt	96 000	270 000	0	0
Total Equity and Debt	167 000	448 000	52 000	57 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−151,43 %	126,97 %	−9,62 %	−82,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−30,99 %	23,16 %	−100 %	−47 %
Current Ratio	1,74	1,66	-	-
Quick Ratio	3,34	1,66	-	-
Equity Ratio	0,42	0,4	1	1
Gross Profit Margin	76,32 %	99,75 %	100 %	100 %