BITMESH AS

4620 KRISTIANSAND S

Finances

Return on Equity

32,12 %

Current Ratio

1,71

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020
Revenue	3 393 000	3 985 000	2 484 000
Net Income	211 000	38 000	82 000
Total Assets	2 777 000	2 908 000	3 013 000
Total Equity	657 000	446 000	308 000

Income (NOK)	2022	2021	2020
Revenue	3 393 000	3 985 000	2 484 000
Expenditure	3 103 000	3 880 000	2 348 000
Operating Profit	291 000	105 000	136 000
Financial Income	3 000	3 000	0
Financial Costs	83 000	70 000	53 000
Financial Balance	−80 000	−67 000	−53 000
Earnings Before Tax	211 000	38 000	84 000
Tax	0	0	2 000
Net Income	211 000	38 000	82 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	918 000	542 000	573 000
Total Current Assets	1 858 000	2 366 000	2 440 000
Total Assets	2 777 000	2 908 000	3 013 000
Total Retained Equity	303 000	92 000	54 000
Total Equity	657 000	446 000	308 000
Total Long-Term Debt	1 032 000	1 536 000	2 007 000
Total Current Debt	1 088 000	926 000	698 000
Total Equity and Debt	2 777 000	2 908 000	3 013 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 195 000	3 506 000	1 492 000
Other Income	198 000	479 000	993 000
Revenue	3 393 000	3 985 000	2 484 000
Cost of Goods Sold	258 000	420 000	308 000
Salary Costs	1 980 000	2 714 000	1 542 000
Depreciation	31 000	31 000	26 000
Impairment	0	0	0
Expenditure	3 103 000	3 880 000	2 348 000
Operating Profit	291 000	105 000	136 000
Financial Income	3 000	3 000	0
Financial Costs	83 000	70 000	53 000
Financial Balance	−80 000	−67 000	−53 000
Dividends	0	0	0
Net Income	211 000	38 000	82 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	605 000	198 000	198 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	55 000	86 000	117 000
Total Tangible Assets	55 000	86 000	117 000
Total Fiancial Fixed Assets	258 000	258 000	258 000
Total Fixed Assets	918 000	542 000	573 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	714 000	1 859 000	1 907 000
Total Current Assets	1 858 000	2 366 000	2 440 000
Total Assets	2 777 000	2 908 000	3 013 000
Total Equity	657 000	446 000	308 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 032 000	1 536 000	2 007 000
Creditors	254 000	188 000	84 000
Unpaid Taxes	214 000	146 000	303 000
Dividends	0	0	0
Other Current Debt	619 000	592 000	311 000
Total Current Debt	1 088 000	926 000	698 000
Total Equity and Debt	2 777 000	2 908 000	3 013 000

Financial indicators	2022	2021	2020
Return on Equity	32,12 %	8,52 %	26,62 %
Debt-to-Equity Ratio	1,57	3,44	6,52
Operating Profit Margin	8,58 %	2,63 %	5,48 %
Current Ratio	1,71	2,56	3,5
Quick Ratio	1,71	2,56	3,5
Equity Ratio	0,24	0,15	0,1
Gross Profit Margin	92,4 %	89,46 %	87,6 %