BIZTEK AS

7300 ORKANGER

Finances

Return on Equity

−1,18 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 713 000	20 966 000	9 798 000	1 444 000
Net Income	−47 000	2 573 000	1 304 000	75 000
Total Assets	7 668 000	7 631 000	4 159 000	1 059 000
Total Equity	3 999 000	4 346 000	1 932 000	169 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 713 000	20 966 000	9 798 000	1 444 000
Expenditure	22 755 000	17 600 000	8 116 000	1 347 000
Operating Profit	−42 000	3 317 000	1 683 000	96 000
Financial Income	22 000	4 000	2 000	0
Financial Costs	8 000	16 000	9 000	1 000
Financial Balance	14 000	−12 000	−7 000	−1 000
Earnings Before Tax	−28 000	3 305 000	1 675 000	95 000
Tax	19 000	732 000	372 000	20 000
Net Income	−47 000	2 573 000	1 304 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	97 000	108 000	0
Total Current Assets	7 300 000	7 534 000	4 051 000	1 059 000
Total Assets	7 668 000	7 631 000	4 159 000	1 059 000
Total Retained Equity	3 446 000	3 793 000	1 379 000	75 000
Total Equity	3 999 000	4 346 000	1 932 000	169 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	3 668 000	3 285 000	2 226 000	891 000
Total Equity and Debt	7 668 000	7 631 000	4 159 000	1 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 701 000	20 966 000	9 798 000	1 444 000
Other Income	12 000	0	0	0
Revenue	22 713 000	20 966 000	9 798 000	1 444 000
Cost of Goods Sold	7 314 000	6 089 000	2 193 000	258 000
Salary Costs	10 880 000	9 045 000	4 877 000	834 000
Depreciation	75 000	49 000	29 000	0
Impairment	0	0	0	0
Expenditure	22 755 000	17 600 000	8 116 000	1 347 000
Operating Profit	−42 000	3 317 000	1 683 000	96 000
Financial Income	22 000	4 000	2 000	0
Financial Costs	8 000	16 000	9 000	1 000
Financial Balance	14 000	−12 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	−47 000	2 573 000	1 304 000	75 000

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	286 000	95 000	108 000	0
Total Tangible Assets	286 000	95 000	108 000	0
Total Fiancial Fixed Assets	82 000	2 000	0	0
Total Fixed Assets	368 000	97 000	108 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 483 000	5 035 000	2 203 000	484 000
Total Current Assets	7 300 000	7 534 000	4 051 000	1 059 000
Total Assets	7 668 000	7 631 000	4 159 000	1 059 000
Total Equity	3 999 000	4 346 000	1 932 000	169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	1 071 000	497 000	515 000	68 000
Unpaid Taxes	1 800 000	1 109 000	708 000	295 000
Dividends	0	0	0	0
Other Current Debt	779 000	946 000	632 000	508 000
Total Current Debt	3 668 000	3 285 000	2 226 000	891 000
Total Equity and Debt	7 668 000	7 631 000	4 159 000	1 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,18 %	59,2 %	67,49 %	44,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,18 %	15,82 %	17,18 %	6,65 %
Current Ratio	1,99	2,29	1,82	1,19
Quick Ratio	1,99	2,29	1,82	1,19
Equity Ratio	0,52	0,57	0,46	0,16
Gross Profit Margin	67,8 %	70,96 %	77,62 %	82,13 %