BITINA AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−110,43 %

Current Ratio

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020
Revenue	3 449 000	2 334 000	931 000
Net Income	−127 000	139 000	−2 000
Total Assets	666 000	727 000	549 000
Total Equity	115 000	242 000	103 000

Income (NOK)	2022	2021	2020
Revenue	3 449 000	2 334 000	931 000
Expenditure	3 569 000	2 146 000	921 000
Operating Profit	−121 000	189 000	10 000
Financial Income	1 000	0	0
Financial Costs	11 000	11 000	14 000
Financial Balance	−10 000	−11 000	−14 000
Earnings Before Tax	−131 000	178 000	−4 000
Tax	−4 000	39 000	−2 000
Net Income	−127 000	139 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	225 000	208 000	226 000
Total Current Assets	441 000	519 000	323 000
Total Assets	666 000	727 000	549 000
Total Retained Equity	11 000	138 000	−2 000
Total Equity	115 000	242 000	103 000
Total Long-Term Debt	112 000	162 000	216 000
Total Current Debt	439 000	323 000	230 000
Total Equity and Debt	666 000	727 000	549 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 441 000	2 334 000	920 000
Other Income	8 000	0	11 000
Revenue	3 449 000	2 334 000	931 000
Cost of Goods Sold	666 000	343 000	146 000
Salary Costs	1 703 000	1 090 000	359 000
Depreciation	63 000	52 000	26 000
Impairment	0	0	0
Expenditure	3 569 000	2 146 000	921 000
Operating Profit	−121 000	189 000	10 000
Financial Income	1 000	0	0
Financial Costs	11 000	11 000	14 000
Financial Balance	−10 000	−11 000	−14 000
Dividends	0	0	0
Net Income	−127 000	139 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	2 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	225 000	208 000	224 000
Total Tangible Assets	225 000	208 000	224 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	225 000	208 000	226 000
Stock	165 000	113 000	88 000
Total Investments	0	0	0
Cash, Bank	228 000	367 000	118 000
Total Current Assets	441 000	519 000	323 000
Total Assets	666 000	727 000	549 000
Total Equity	115 000	242 000	103 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	112 000	162 000	216 000
Creditors	97 000	53 000	122 000
Unpaid Taxes	236 000	155 000	82 000
Dividends	0	0	0
Other Current Debt	105 000	82 000	26 000
Total Current Debt	439 000	323 000	230 000
Total Equity and Debt	666 000	727 000	549 000

Financial indicators	2022	2021	2020
Return on Equity	−110,43 %	57,44 %	−1,94 %
Debt-to-Equity Ratio	0,97	0,67	2,1
Operating Profit Margin	−3,51 %	8,1 %	1,07 %
Current Ratio	1	1,61	1,4
Quick Ratio	1,61	2,47	2,27
Equity Ratio	0,17	0,33	0,19
Gross Profit Margin	80,69 %	85,3 %	84,32 %