BIT KONSEPT AS

1395 HVALSTAD

Finances

Return on Equity

146,92 %

Current Ratio

1,62

Debt-to-Equity Ratio

7,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 177 000	636 000	1 576 000	1 646 000
Net Income	191 000	−334 000	74 000	63 000
Total Assets	1 610 000	1 476 000	1 751 000	1 335 000
Total Equity	130 000	−61 000	273 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 177 000	636 000	1 576 000	1 646 000
Expenditure	938 000	1 036 000	1 471 000	1 553 000
Operating Profit	239 000	−400 000	104 000	93 000
Financial Income	10 000	0	0	0
Financial Costs	3 000	28 000	6 000	11 000
Financial Balance	7 000	−28 000	−6 000	−11 000
Earnings Before Tax	245 000	−428 000	98 000	81 000
Tax	54 000	−94 000	24 000	18 000
Net Income	191 000	−334 000	74 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	729 000	783 000	685 000	210 000
Total Current Assets	881 000	693 000	1 066 000	1 125 000
Total Assets	1 610 000	1 476 000	1 751 000	1 335 000
Total Retained Equity	−70 000	−261 000	73 000	−1 000
Total Equity	130 000	−61 000	273 000	199 000
Total Long-Term Debt	934 000	917 000	856 000	456 000
Total Current Debt	545 000	620 000	622 000	681 000
Total Equity and Debt	1 610 000	1 476 000	1 751 000	1 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 177 000	636 000	1 576 000	1 646 000
Other Income	0	0	0	0
Revenue	1 177 000	636 000	1 576 000	1 646 000
Cost of Goods Sold	42 000	53 000	29 000	87 000
Salary Costs	747 000	760 000	961 000	897 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	938 000	1 036 000	1 471 000	1 553 000
Operating Profit	239 000	−400 000	104 000	93 000
Financial Income	10 000	0	0	0
Financial Costs	3 000	28 000	6 000	11 000
Financial Balance	7 000	−28 000	−6 000	−11 000
Dividends	0	0	0	0
Net Income	191 000	−334 000	74 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	94 000	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	689 000	689 000	685 000	197 000
Total Fixed Assets	729 000	783 000	685 000	210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	26 000	22 000	157 000
Total Current Assets	881 000	693 000	1 066 000	1 125 000
Total Assets	1 610 000	1 476 000	1 751 000	1 335 000
Total Equity	130 000	−61 000	273 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	934 000	917 000	856 000	456 000
Creditors	24 000	57 000	33 000	108 000
Unpaid Taxes	282 000	291 000	331 000	219 000
Dividends	0	0	0	0
Other Current Debt	239 000	271 000	247 000	354 000
Total Current Debt	545 000	620 000	622 000	681 000
Total Equity and Debt	1 610 000	1 476 000	1 751 000	1 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,92 %	547,54 %	27,11 %	31,66 %
Debt-to-Equity Ratio	7,18	−15,03	3,14	2,29
Operating Profit Margin	20,31 %	−62,89 %	6,6 %	5,65 %
Current Ratio	1,62	1,12	1,71	1,65
Quick Ratio	1,62	1,12	1,71	1,65
Equity Ratio	0,08	−0,04	0,16	0,15
Gross Profit Margin	96,43 %	91,67 %	98,16 %	94,71 %