BYTEK NORDIC AS

5570 AKSDAL

Finances

Return on Equity

9,37 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 003 000	3 372 000	3 173 000	3 118 000
Net Income	74 000	19 000	14 000	−41 000
Total Assets	2 152 000	1 008 000	1 118 000	1 320 000
Total Equity	790 000	716 000	697 000	683 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 003 000	3 372 000	3 173 000	3 118 000
Expenditure	4 897 000	3 307 000	2 990 000	3 141 000
Operating Profit	106 000	65 000	183 000	−23 000
Financial Income	4 000	4 000	3 000	15 000
Financial Costs	11 000	45 000	169 000	34 000
Financial Balance	−7 000	−41 000	−166 000	−19 000
Earnings Before Tax	99 000	25 000	18 000	−41 000
Tax	25 000	5 000	4 000	0
Net Income	74 000	19 000	14 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	262 000	387 000	487 000
Total Current Assets	2 152 000	746 000	731 000	833 000
Total Assets	2 152 000	1 008 000	1 118 000	1 320 000
Total Retained Equity	690 000	616 000	597 000	583 000
Total Equity	790 000	716 000	697 000	683 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 362 000	293 000	421 000	637 000
Total Equity and Debt	2 152 000	1 008 000	1 118 000	1 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 003 000	3 372 000	3 173 000	3 118 000
Other Income	0	0	0	0
Revenue	5 003 000	3 372 000	3 173 000	3 118 000
Cost of Goods Sold	2 330 000	1 440 000	1 032 000	1 035 000
Salary Costs	771 000	1 058 000	1 102 000	1 339 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 897 000	3 307 000	2 990 000	3 141 000
Operating Profit	106 000	65 000	183 000	−23 000
Financial Income	4 000	4 000	3 000	15 000
Financial Costs	11 000	45 000	169 000	34 000
Financial Balance	−7 000	−41 000	−166 000	−19 000
Dividends	0	0	0	0
Net Income	74 000	19 000	14 000	−41 000

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	0	262 000	387 000	487 000
Total Fixed Assets	0	262 000	387 000	487 000
Stock	260 000	231 000	191 000	146 000
Total Investments	16 000	18 000	28 000	2 000
Cash, Bank	984 000	119 000	74 000	389 000
Total Current Assets	2 152 000	746 000	731 000	833 000
Total Assets	2 152 000	1 008 000	1 118 000	1 320 000
Total Equity	790 000	716 000	697 000	683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	967 000	17 000	68 000	9 000
Unpaid Taxes	261 000	206 000	128 000	118 000
Dividends	0	0	0	0
Other Current Debt	109 000	63 000	222 000	510 000
Total Current Debt	1 362 000	293 000	421 000	637 000
Total Equity and Debt	2 152 000	1 008 000	1 118 000	1 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,37 %	2,65 %	2,01 %	−6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,12 %	1,93 %	5,77 %	−0,74 %
Current Ratio	1,58	2,55	1,74	1,31
Quick Ratio	1,95	12,03	3,18	1,7
Equity Ratio	0,37	0,71	0,62	0,52
Gross Profit Margin	53,43 %	57,3 %	67,48 %	66,81 %