BAIT AS

7020 TRONDHEIM

Finances

Return on Equity

−1,5 %

Current Ratio

21,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 387 000	3 553 000	3 911 000	5 691 000
Net Income	−623 000	7 140 000	4 890 000	3 921 000
Total Assets	43 536 000	44 151 000	38 350 000	34 183 000
Total Equity	41 512 000	43 335 000	36 744 000	32 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 387 000	3 553 000	3 911 000	5 691 000
Expenditure	2 194 000	2 006 000	2 054 000	2 910 000
Operating Profit	1 193 000	1 548 000	1 857 000	2 781 000
Financial Income	731 000	5 972 000	3 482 000	1 798 000
Financial Costs	2 239 000	31 000	4 000	2 000
Financial Balance	−1 508 000	5 941 000	3 478 000	1 796 000
Earnings Before Tax	−315 000	7 488 000	5 335 000	4 577 000
Tax	308 000	348 000	445 000	656 000
Net Income	−623 000	7 140 000	4 890 000	3 921 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	150 000	150 000	150 000
Total Current Assets	43 386 000	44 001 000	38 200 000	34 033 000
Total Assets	43 536 000	44 151 000	38 350 000	34 183 000
Total Retained Equity	41 412 000	43 235 000	36 644 000	32 405 000
Total Equity	41 512 000	43 335 000	36 744 000	32 505 000
Total Long-Term Debt	11 000	2 000	3 000	0
Total Current Debt	2 013 000	814 000	1 603 000	1 679 000
Total Equity and Debt	43 536 000	44 151 000	38 350 000	34 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 387 000	3 553 000	3 911 000	5 691 000
Other Income	0	0	0	0
Revenue	3 387 000	3 553 000	3 911 000	5 691 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 744 000	1 532 000	1 594 000	2 339 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 194 000	2 006 000	2 054 000	2 910 000
Operating Profit	1 193 000	1 548 000	1 857 000	2 781 000
Financial Income	731 000	5 972 000	3 482 000	1 798 000
Financial Costs	2 239 000	31 000	4 000	2 000
Financial Balance	−1 508 000	5 941 000	3 478 000	1 796 000
Dividends	1 200 000	550 000	650 000	550 000
Net Income	−623 000	7 140 000	4 890 000	3 921 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	150 000	150 000	150 000	150 000
Stock	0	0	0	0
Total Investments	29 193 000	30 901 000	24 534 000	10 432 000
Cash, Bank	12 625 000	12 406 000	12 863 000	22 899 000
Total Current Assets	43 386 000	44 001 000	38 200 000	34 033 000
Total Assets	43 536 000	44 151 000	38 350 000	34 183 000
Total Equity	41 512 000	43 335 000	36 744 000	32 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	2 000	3 000	0
Creditors	66 000	35 000	37 000	68 000
Unpaid Taxes	256 000	256 000	289 000	266 000
Dividends	1 200 000	550 000	650 000	550 000
Other Current Debt	191 000	175 000	160 000	140 000
Total Current Debt	2 013 000	814 000	1 603 000	1 679 000
Total Equity and Debt	43 536 000	44 151 000	38 350 000	34 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,5 %	16,48 %	13,31 %	12,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,22 %	43,57 %	47,48 %	48,87 %
Current Ratio	21,55	54,06	23,83	20,27
Quick Ratio	21,55	54,06	23,83	20,27
Equity Ratio	0,95	0,98	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %