BITEKO AS

2690 SKJÅK

Finances

Share Ownership

Return on Equity

1,48 %

Current Ratio

4,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 035 000	5 984 000	3 434 000	5 895 000
Net Income	90 000	117 000	−1 277 000	407 000
Total Assets	7 560 000	7 326 000	5 973 000	6 250 000
Total Equity	6 070 000	5 981 000	5 134 000	5 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 035 000	5 984 000	3 434 000	5 895 000
Expenditure	5 925 000	5 856 000	5 071 000	5 282 000
Operating Profit	111 000	128 000	−1 637 000	613 000
Financial Income	4 000	22 000	6 000	0
Financial Costs	0	0	6 000	7 000
Financial Balance	4 000	22 000	0	−7 000
Earnings Before Tax	115 000	150 000	−1 637 000	607 000
Tax	25 000	33 000	−360 000	200 000
Net Income	90 000	117 000	−1 277 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 002 000	962 000	1 216 000	1 090 000
Total Current Assets	6 558 000	6 364 000	4 758 000	5 160 000
Total Assets	7 560 000	7 326 000	5 973 000	6 250 000
Total Retained Equity	4 186 000	4 097 000	3 980 000	4 816 000
Total Equity	6 070 000	5 981 000	5 134 000	5 971 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 490 000	1 345 000	839 000	279 000
Total Equity and Debt	7 560 000	7 326 000	5 973 000	6 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 948 000	5 919 000	3 387 000	5 812 000
Other Income	87 000	65 000	48 000	83 000
Revenue	6 035 000	5 984 000	3 434 000	5 895 000
Cost of Goods Sold	2 112 000	2 101 000	1 788 000	1 646 000
Salary Costs	2 850 000	2 934 000	2 410 000	2 556 000
Depreciation	113 000	114 000	110 000	161 000
Impairment	0	0	0	0
Expenditure	5 925 000	5 856 000	5 071 000	5 282 000
Operating Profit	111 000	128 000	−1 637 000	613 000
Financial Income	4 000	22 000	6 000	0
Financial Costs	0	0	6 000	7 000
Financial Balance	4 000	22 000	0	−7 000
Dividends	0	0	0	0
Net Income	90 000	117 000	−1 277 000	407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	71 000	310 000	74 000
Real Eastate	734 000	800 000	866 000	932 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	210 000	92 000	41 000	85 000
Total Tangible Assets	944 000	891 000	906 000	1 016 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 002 000	962 000	1 216 000	1 090 000
Stock	230 000	250 000	280 000	300 000
Total Investments	0	0	0	0
Cash, Bank	393 000	1 498 000	304 000	410 000
Total Current Assets	6 558 000	6 364 000	4 758 000	5 160 000
Total Assets	7 560 000	7 326 000	5 973 000	6 250 000
Total Equity	6 070 000	5 981 000	5 134 000	5 971 000
Short-Term Group Debt	0	12 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	371 000	596 000	128 000	−497 000
Unpaid Taxes	569 000	195 000	320 000	482 000
Dividends	0	0	0	0
Other Current Debt	537 000	543 000	392 000	294 000
Total Current Debt	1 490 000	1 345 000	839 000	279 000
Total Equity and Debt	7 560 000	7 326 000	5 973 000	6 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,48 %	1,96 %	−24,87 %	6,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,84 %	2,14 %	−47,67 %	10,4 %
Current Ratio	4,4	4,73	5,67	18,49
Quick Ratio	5,2	5,81	8,51	−245,71
Equity Ratio	0,8	0,82	0,86	0,96
Gross Profit Margin	65 %	64,89 %	47,93 %	72,08 %