BIT FACTORY AS

0775 OSLO

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

53,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 000	231 000	272 000	403 000
Net Income	52 000	35 000	96 000	199 000
Total Assets	457 000	443 000	343 000	274 000
Total Equity	449 000	397 000	362 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 000	231 000	272 000	403 000
Expenditure	214 000	141 000	145 000	152 000
Operating Profit	34 000	89 000	127 000	251 000
Financial Income	1 000	44 000	1 000	4 000
Financial Costs	0	7 000	5 000	0
Financial Balance	1 000	37 000	−4 000	4 000
Earnings Before Tax	35 000	127 000	124 000	255 000
Tax	−17 000	91 000	27 000	56 000
Net Income	52 000	35 000	96 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	37 000	65 000	41 000
Total Current Assets	430 000	405 000	278 000	234 000
Total Assets	457 000	443 000	343 000	274 000
Total Retained Equity	419 000	367 000	332 000	233 000
Total Equity	449 000	397 000	362 000	263 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	45 000	−19 000	11 000
Total Equity and Debt	457 000	443 000	343 000	274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	248 000	231 000	272 000	403 000
Other Income	0	0	0	0
Revenue	248 000	231 000	272 000	403 000
Cost of Goods Sold	158 000	0	42 000	0
Salary Costs	0	0	0	0
Depreciation	25 000	28 000	17 000	10 000
Impairment	0	0	0	0
Expenditure	214 000	141 000	145 000	152 000
Operating Profit	34 000	89 000	127 000	251 000
Financial Income	1 000	44 000	1 000	4 000
Financial Costs	0	7 000	5 000	0
Financial Balance	1 000	37 000	−4 000	4 000
Dividends	0	0	0	286 000
Net Income	52 000	35 000	96 000	199 000

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	5 000	9 000	12 000	16 000
Fixtures	22 000	29 000	53 000	24 000
Total Tangible Assets	27 000	37 000	65 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	37 000	65 000	41 000
Stock	0	0	0	0
Total Investments	159 000	99 000	145 000	40 000
Cash, Bank	271 000	307 000	133 000	194 000
Total Current Assets	430 000	405 000	278 000	234 000
Total Assets	457 000	443 000	343 000	274 000
Total Equity	449 000	397 000	362 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	286 000
Other Current Debt	0	0	0	0
Total Current Debt	8 000	45 000	−19 000	11 000
Total Equity and Debt	457 000	443 000	343 000	274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	8,82 %	26,52 %	75,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,71 %	38,53 %	46,69 %	62,28 %
Current Ratio	53,75	9	−14,63	21,27
Quick Ratio	53,75	9	−14,63	21,27
Equity Ratio	0,98	0,9	1,06	0,96
Gross Profit Margin	36,29 %	100 %	84,56 %	100 %