BIT NORGE AS

0364 OSLO

Finances

Return on Equity

518,17 %

Current Ratio

1,28

Debt-to-Equity Ratio

16,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 959 000	77 098 000	84 980 000	134 442 000
Net Income	5 648 000	−2 798 000	−3 138 000	7 564 000
Total Assets	43 006 000	32 159 000	32 738 000	36 651 000
Total Equity	1 090 000	−4 559 000	−1 763 000	1 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 959 000	77 098 000	84 980 000	134 442 000
Expenditure	136 852 000	78 352 000	88 236 000	124 486 000
Operating Profit	8 106 000	−1 254 000	−3 256 000	9 957 000
Financial Income	97 000	25 000	170 000	81 000
Financial Costs	1 908 000	1 604 000	900 000	1 199 000
Financial Balance	−1 811 000	−1 579 000	−730 000	−1 118 000
Earnings Before Tax	6 296 000	−2 832 000	−3 986 000	8 839 000
Tax	647 000	−35 000	−848 000	1 275 000
Net Income	5 648 000	−2 798 000	−3 138 000	7 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 892 000	13 453 000	19 119 000	22 560 000
Total Current Assets	30 114 000	18 705 000	13 619 000	14 091 000
Total Assets	43 006 000	32 159 000	32 738 000	36 651 000
Total Retained Equity	990 000	−4 659 000	−1 863 000	1 275 000
Total Equity	1 090 000	−4 559 000	−1 763 000	1 375 000
Total Long-Term Debt	18 381 000	19 164 000	14 175 000	9 771 000
Total Current Debt	23 536 000	17 553 000	20 325 000	25 505 000
Total Equity and Debt	43 006 000	32 159 000	32 738 000	36 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 202 000	71 333 000	78 053 000	134 227 000
Other Income	757 000	5 765 000	6 927 000	215 000
Revenue	144 959 000	77 098 000	84 980 000	134 442 000
Cost of Goods Sold	39 042 000	19 342 000	20 762 000	32 592 000
Salary Costs	56 762 000	32 312 000	35 233 000	50 078 000
Depreciation	4 870 000	4 867 000	5 174 000	4 394 000
Impairment	0	0	0	0
Expenditure	136 852 000	78 352 000	88 236 000	124 486 000
Operating Profit	8 106 000	−1 254 000	−3 256 000	9 957 000
Financial Income	97 000	25 000	170 000	81 000
Financial Costs	1 908 000	1 604 000	900 000	1 199 000
Financial Balance	−1 811 000	−1 579 000	−730 000	−1 118 000
Dividends	0	0	0	0
Net Income	5 648 000	−2 798 000	−3 138 000	7 564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	80 000	80 000	80 000
Real Eastate	8 146 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 666 000	13 373 000	19 039 000	22 480 000
Total Tangible Assets	12 812 000	13 373 000	19 039 000	22 480 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 892 000	13 453 000	19 119 000	22 560 000
Stock	1 831 000	1 232 000	1 642 000	1 397 000
Total Investments	0	0	0	0
Cash, Bank	23 997 000	14 799 000	7 728 000	10 511 000
Total Current Assets	30 114 000	18 705 000	13 619 000	14 091 000
Total Assets	43 006 000	32 159 000	32 738 000	36 651 000
Total Equity	1 090 000	−4 559 000	−1 763 000	1 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 381 000	19 164 000	14 175 000	9 771 000
Creditors	6 470 000	4 418 000	5 552 000	11 856 000
Unpaid Taxes	5 012 000	6 311 000	7 465 000	3 766 000
Dividends	0	0	0	0
Other Current Debt	11 430 000	6 720 000	6 257 000	8 822 000
Total Current Debt	23 536 000	17 553 000	20 325 000	25 505 000
Total Equity and Debt	43 006 000	32 159 000	32 738 000	36 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	518,17 %	61,37 %	177,99 %	550,11 %
Debt-to-Equity Ratio	16,86	−4,2	−8,04	7,11
Operating Profit Margin	5,59 %	−1,63 %	−3,83 %	7,41 %
Current Ratio	1,28	1,07	0,67	0,55
Quick Ratio	1,39	1,15	0,73	0,58
Equity Ratio	0,03	−0,14	−0,05	0,04
Gross Profit Margin	73,07 %	74,91 %	75,57 %	75,76 %