STIFTELSEN BIT20 ENSEMBLE

5015 BERGEN

Finances

Share Ownership

Return on Equity

−42,9 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 280 000	6 812 000	7 118 000	6 052 000
Net Income	−613 000	363 000	816 000	−184 000
Total Assets	2 237 000	3 155 000	2 355 000	1 761 000
Total Equity	1 429 000	2 042 000	1 679 000	863 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 280 000	6 812 000	7 118 000	6 052 000
Expenditure	7 887 000	6 443 000	6 300 000	6 233 000
Operating Profit	−607 000	369 000	819 000	−181 000
Financial Income	0	0	0	2 000
Financial Costs	6 000	6 000	4 000	5 000
Financial Balance	−6 000	−6 000	−4 000	−3 000
Earnings Before Tax	−613 000	363 000	816 000	−184 000
Tax	0	0	0	0
Net Income	−613 000	363 000	816 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	191 000	175 000	215 000
Total Current Assets	2 100 000	2 964 000	2 181 000	1 545 000
Total Assets	2 237 000	3 155 000	2 355 000	1 761 000
Total Retained Equity	1 396 000	2 009 000	1 646 000	830 000
Total Equity	1 429 000	2 042 000	1 679 000	863 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	808 000	1 113 000	677 000	898 000
Total Equity and Debt	2 237 000	3 155 000	2 355 000	1 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 616 000	6 414 000	6 725 000	6 052 000
Other Income	664 000	398 000	393 000	0
Revenue	7 280 000	6 812 000	7 118 000	6 052 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 993 000	4 417 000	4 309 000	4 097 000
Depreciation	54 000	58 000	77 000	69 000
Impairment	0	0	0	0
Expenditure	7 887 000	6 443 000	6 300 000	6 233 000
Operating Profit	−607 000	369 000	819 000	−181 000
Financial Income	0	0	0	2 000
Financial Costs	6 000	6 000	4 000	5 000
Financial Balance	−6 000	−6 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−613 000	363 000	816 000	−184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	166 000	150 000	190 000
Total Tangible Assets	112 000	166 000	150 000	190 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	137 000	191 000	175 000	215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 034 000	1 687 000	1 225 000	1 188 000
Total Current Assets	2 100 000	2 964 000	2 181 000	1 545 000
Total Assets	2 237 000	3 155 000	2 355 000	1 761 000
Total Equity	1 429 000	2 042 000	1 679 000	863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	162 000	244 000	73 000	276 000
Unpaid Taxes	166 000	194 000	145 000	124 000
Dividends	0	0	0	0
Other Current Debt	480 000	676 000	459 000	498 000
Total Current Debt	808 000	1 113 000	677 000	898 000
Total Equity and Debt	2 237 000	3 155 000	2 355 000	1 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,9 %	17,78 %	48,6 %	−21,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,34 %	5,42 %	11,51 %	−2,99 %
Current Ratio	2,6	2,66	3,22	1,72
Quick Ratio	2,6	2,66	3,22	1,72
Equity Ratio	0,64	0,65	0,71	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %