BIT FOR BIT AS

3023 DRAMMEN

Finances

Return on Equity

36,92 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 289 000	26 993 000	22 945 000	19 780 000
Net Income	3 931 000	3 457 000	994 000	2 663 000
Total Assets	22 409 000	19 926 000	21 635 000	15 740 000
Total Equity	10 647 000	6 732 000	12 445 000	13 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 289 000	26 993 000	22 945 000	19 780 000
Expenditure	25 069 000	25 199 000	21 733 000	16 883 000
Operating Profit	1 220 000	1 794 000	1 213 000	2 898 000
Financial Income	3 003 000	2 036 000	158 000	347 000
Financial Costs	5 000	3 000	96 000	138 000
Financial Balance	2 998 000	2 033 000	62 000	209 000
Earnings Before Tax	4 219 000	3 827 000	1 274 000	3 107 000
Tax	288 000	370 000	280 000	443 000
Net Income	3 931 000	3 457 000	994 000	2 663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 166 000	7 233 000	8 955 000	6 835 000
Total Current Assets	14 243 000	12 694 000	12 680 000	8 905 000
Total Assets	22 409 000	19 926 000	21 635 000	15 740 000
Total Retained Equity	7 304 000	3 389 000	9 102 000	10 196 000
Total Equity	10 647 000	6 732 000	12 445 000	13 539 000
Total Long-Term Debt	8 000	13 000	13 000	0
Total Current Debt	11 753 000	13 181 000	9 177 000	2 201 000
Total Equity and Debt	22 409 000	19 926 000	21 635 000	15 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 280 000	9 781 000	7 762 000	8 202 000
Other Income	17 009 000	17 212 000	15 183 000	11 578 000
Revenue	26 289 000	26 993 000	22 945 000	19 780 000
Cost of Goods Sold	20 431 000	20 607 000	18 874 000	15 674 000
Salary Costs	3 916 000	3 565 000	2 221 000	1 853 000
Depreciation	115 000	115 000	68 000	0
Impairment	0	0	0	0
Expenditure	25 069 000	25 199 000	21 733 000	16 883 000
Operating Profit	1 220 000	1 794 000	1 213 000	2 898 000
Financial Income	3 003 000	2 036 000	158 000	347 000
Financial Costs	5 000	3 000	96 000	138 000
Financial Balance	2 998 000	2 033 000	62 000	209 000
Dividends	0	0	2 000 000	0
Net Income	3 931 000	3 457 000	994 000	2 663 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 848 000	2 823 000	2 975 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	567 000	593 000	708 000	226 000
Total Tangible Assets	5 415 000	3 417 000	3 683 000	226 000
Total Fiancial Fixed Assets	2 751 000	3 816 000	5 272 000	6 609 000
Total Fixed Assets	8 166 000	7 233 000	8 955 000	6 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 364 000	8 170 000	5 117 000	5 367 000
Total Current Assets	14 243 000	12 694 000	12 680 000	8 905 000
Total Assets	22 409 000	19 926 000	21 635 000	15 740 000
Total Equity	10 647 000	6 732 000	12 445 000	13 539 000
Short-Term Group Debt	1 003 000	137 000	276 000	175 000
Total Long-Term Debt	8 000	13 000	13 000	0
Creditors	5 132 000	2 864 000	1 728 000	1 140 000
Unpaid Taxes	331 000	385 000	384 000	275 000
Dividends	0	0	2 000 000	0
Other Current Debt	4 999 000	345 000	4 547 000	183 000
Total Current Debt	11 753 000	13 181 000	9 177 000	2 201 000
Total Equity and Debt	22 409 000	19 926 000	21 635 000	15 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,92 %	51,35 %	7,99 %	19,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,64 %	6,65 %	5,29 %	14,65 %
Current Ratio	1,21	0,96	1,38	4,05
Quick Ratio	1,21	0,96	1,38	4,05
Equity Ratio	0,48	0,34	0,58	0,86
Gross Profit Margin	22,28 %	23,66 %	17,74 %	20,76 %