BITTEN AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

58,08 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 788 000	17 691 000	14 917 000	14 796 000
Net Income	1 992 000	2 742 000	1 464 000	887 000
Total Assets	7 900 000	7 112 000	6 584 000	5 991 000
Total Equity	3 430 000	2 354 000	2 684 000	2 610 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 788 000	17 691 000	14 917 000	14 796 000
Expenditure	16 200 000	14 179 000	12 967 000	13 669 000
Operating Profit	2 588 000	3 512 000	1 950 000	1 126 000
Financial Income	60 000	45 000	31 000	32 000
Financial Costs	93 000	42 000	104 000	22 000
Financial Balance	−33 000	3 000	−73 000	10 000
Earnings Before Tax	2 554 000	3 515 000	1 877 000	1 137 000
Tax	562 000	773 000	413 000	250 000
Net Income	1 992 000	2 742 000	1 464 000	887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	346 000	230 000	268 000
Total Current Assets	7 745 000	6 766 000	6 354 000	5 723 000
Total Assets	7 900 000	7 112 000	6 584 000	5 991 000
Total Retained Equity	3 245 000	2 168 000	831 000	758 000
Total Equity	3 430 000	2 354 000	2 684 000	2 610 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 470 000	4 758 000	3 900 000	3 381 000
Total Equity and Debt	7 900 000	7 112 000	6 584 000	5 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 788 000	17 691 000	14 917 000	14 796 000
Other Income	0	0	0	0
Revenue	18 788 000	17 691 000	14 917 000	14 796 000
Cost of Goods Sold	10 095 000	9 610 000	7 922 000	8 918 000
Salary Costs	3 624 000	2 512 000	3 217 000	2 770 000
Depreciation	43 000	24 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	16 200 000	14 179 000	12 967 000	13 669 000
Operating Profit	2 588 000	3 512 000	1 950 000	1 126 000
Financial Income	60 000	45 000	31 000	32 000
Financial Costs	93 000	42 000	104 000	22 000
Financial Balance	−33 000	3 000	−73 000	10 000
Dividends	900 000	600 000	1 000 000	490 000
Net Income	1 992 000	2 742 000	1 464 000	887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	16 000	23 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	141 000	135 000	13 000	54 000
Total Tangible Assets	141 000	135 000	13 000	54 000
Total Fiancial Fixed Assets	0	194 000	194 000	194 000
Total Fixed Assets	155 000	346 000	230 000	268 000
Stock	3 940 000	3 538 000	3 113 000	3 133 000
Total Investments	0	0	0	0
Cash, Bank	3 798 000	3 228 000	3 241 000	2 541 000
Total Current Assets	7 745 000	6 766 000	6 354 000	5 723 000
Total Assets	7 900 000	7 112 000	6 584 000	5 991 000
Total Equity	3 430 000	2 354 000	2 684 000	2 610 000
Short-Term Group Debt	7 000	6 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	553 000	520 000	462 000	885 000
Unpaid Taxes	941 000	927 000	1 218 000	1 028 000
Dividends	900 000	600 000	1 000 000	490 000
Other Current Debt	1 513 000	1 940 000	915 000	837 000
Total Current Debt	4 470 000	4 758 000	3 900 000	3 381 000
Total Equity and Debt	7 900 000	7 112 000	6 584 000	5 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,08 %	116,48 %	54,55 %	33,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,77 %	19,85 %	13,07 %	7,61 %
Current Ratio	1,73	1,42	1,63	1,69
Quick Ratio	14,61	5,55	8,07	23,08
Equity Ratio	0,43	0,33	0,41	0,44
Gross Profit Margin	46,27 %	45,68 %	46,89 %	39,73 %