BIT MASKIN AS

8200 FAUSKE

Finances

Return on Equity

−25,45 %

Current Ratio

0,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 212 000	7 278 000	7 167 000	5 187 000
Net Income	−211 000	−743 000	940 000	619 000
Total Assets	3 053 000	3 938 000	4 389 000	2 702 000
Total Equity	829 000	1 040 000	1 783 000	1 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 212 000	7 278 000	7 167 000	5 187 000
Expenditure	6 435 000	7 901 000	5 914 000	4 361 000
Operating Profit	−222 000	−624 000	1 253 000	826 000
Financial Income	4 000	2 000	2 000	18 000
Financial Costs	51 000	272 000	48 000	58 000
Financial Balance	−47 000	−270 000	−46 000	−40 000
Earnings Before Tax	−270 000	−893 000	1 207 000	786 000
Tax	−59 000	−150 000	267 000	167 000
Net Income	−211 000	−743 000	940 000	619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 020 000	2 470 000	1 509 000	1 540 000
Total Current Assets	1 034 000	1 467 000	2 879 000	1 163 000
Total Assets	3 053 000	3 938 000	4 389 000	2 702 000
Total Retained Equity	715 000	926 000	1 669 000	1 103 000
Total Equity	829 000	1 040 000	1 783 000	1 217 000
Total Long-Term Debt	8 000	80 000	312 000	343 000
Total Current Debt	2 217 000	2 818 000	2 294 000	1 142 000
Total Equity and Debt	3 053 000	3 938 000	4 389 000	2 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 212 000	7 120 000	6 958 000	4 146 000
Other Income	0	158 000	210 000	1 041 000
Revenue	6 212 000	7 278 000	7 167 000	5 187 000
Cost of Goods Sold	2 382 000	2 774 000	1 586 000	106 000
Salary Costs	214 000	7 000	7 000	7 000
Depreciation	267 000	131 000	95 000	88 000
Impairment	0	0	0	0
Expenditure	6 435 000	7 901 000	5 914 000	4 361 000
Operating Profit	−222 000	−624 000	1 253 000	826 000
Financial Income	4 000	2 000	2 000	18 000
Financial Costs	51 000	272 000	48 000	58 000
Financial Balance	−47 000	−270 000	−46 000	−40 000
Dividends	0	0	0	0
Net Income	−211 000	−743 000	940 000	619 000

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	1 610 000	1 755 000	382 000	292 000
Fixtures	20 000	0	0	0
Total Tangible Assets	1 630 000	1 755 000	382 000	292 000
Total Fiancial Fixed Assets	389 000	715 000	1 127 000	1 247 000
Total Fixed Assets	2 020 000	2 470 000	1 509 000	1 540 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	88 000	1 338 000	528 000
Total Current Assets	1 034 000	1 467 000	2 879 000	1 163 000
Total Assets	3 053 000	3 938 000	4 389 000	2 702 000
Total Equity	829 000	1 040 000	1 783 000	1 217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	80 000	312 000	343 000
Creditors	193 000	454 000	1 032 000	401 000
Unpaid Taxes	107 000	0	508 000	107 000
Dividends	0	0	0	0
Other Current Debt	1 827 000	2 364 000	643 000	634 000
Total Current Debt	2 217 000	2 818 000	2 294 000	1 142 000
Total Equity and Debt	3 053 000	3 938 000	4 389 000	2 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,45 %	−71,44 %	52,72 %	50,86 %
Debt-to-Equity Ratio	0,01	0,08	0,17	0,28
Operating Profit Margin	−3,57 %	−8,57 %	17,48 %	15,92 %
Current Ratio	0,47	0,52	1,26	1,02
Quick Ratio	0,47	0,52	1,26	1,02
Equity Ratio	0,27	0,26	0,41	0,45
Gross Profit Margin	61,65 %	61,89 %	77,87 %	97,96 %