ECIT NORIAN AS

0158 OSLO

Finances

Return on Equity

62,84 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 295 000	144 041 000	129 369 000	113 392 000
Net Income	14 343 000	12 551 000	4 741 000	5 120 000
Total Assets	61 192 000	53 390 000	52 179 000	36 952 000
Total Equity	22 826 000	16 438 000	16 230 000	15 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 295 000	144 041 000	129 369 000	113 392 000
Expenditure	157 492 000	136 630 000	123 425 000	106 763 000
Operating Profit	10 803 000	7 411 000	5 943 000	6 628 000
Financial Income	7 409 000	8 145 000	1 908 000	962 000
Financial Costs	1 377 000	1 355 000	1 766 000	1 053 000
Financial Balance	6 032 000	6 790 000	142 000	−91 000
Earnings Before Tax	16 835 000	14 201 000	6 085 000	6 537 000
Tax	2 491 000	1 650 000	1 345 000	1 417 000
Net Income	14 343 000	12 551 000	4 741 000	5 120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 109 000	17 099 000	25 649 000	15 177 000
Total Current Assets	53 082 000	36 291 000	26 530 000	21 775 000
Total Assets	61 192 000	53 390 000	52 179 000	36 952 000
Total Retained Equity	11 445 000	5 058 000	4 849 000	4 406 000
Total Equity	22 826 000	16 438 000	16 230 000	15 786 000
Total Long-Term Debt	688 000	16 642 000	14 855 000	4 617 000
Total Current Debt	37 678 000	20 310 000	21 094 000	16 549 000
Total Equity and Debt	61 192 000	53 390 000	52 179 000	36 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	166 923 000	143 439 000	128 993 000	113 392 000
Other Income	1 372 000	601 000	376 000	0
Revenue	168 295 000	144 041 000	129 369 000	113 392 000
Cost of Goods Sold	93 676 000	72 416 000	66 314 000	52 888 000
Salary Costs	38 417 000	40 243 000	37 441 000	36 262 000
Depreciation	1 753 000	1 780 000	1 418 000	841 000
Impairment	0	0	0	0
Expenditure	157 492 000	136 630 000	123 425 000	106 763 000
Operating Profit	10 803 000	7 411 000	5 943 000	6 628 000
Financial Income	7 409 000	8 145 000	1 908 000	962 000
Financial Costs	1 377 000	1 355 000	1 766 000	1 053 000
Financial Balance	6 032 000	6 790 000	142 000	−91 000
Dividends	0	0	0	0
Net Income	14 343 000	12 551 000	4 741 000	5 120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 598 000	4 885 000	281 000	653 000
Total Intangible Assets	3 908 000	5 874 000	4 139 000	2 875 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	60 000	43 000	0
Total Tangible Assets	26 000	60 000	43 000	0
Total Fiancial Fixed Assets	4 175 000	11 165 000	21 467 000	12 302 000
Total Fixed Assets	8 109 000	17 099 000	25 649 000	15 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	9 523 000	4 204 000	2 369 000
Total Current Assets	53 082 000	36 291 000	26 530 000	21 775 000
Total Assets	61 192 000	53 390 000	52 179 000	36 952 000
Total Equity	22 826 000	16 438 000	16 230 000	15 786 000
Short-Term Group Debt	13 203 000	1 190 000	487 000	605 000
Total Long-Term Debt	688 000	16 642 000	14 855 000	4 617 000
Creditors	11 694 000	8 401 000	7 098 000	6 247 000
Unpaid Taxes	7 105 000	5 881 000	6 764 000	6 037 000
Dividends	0	0	0	0
Other Current Debt	5 677 000	4 837 000	6 745 000	3 659 000
Total Current Debt	37 678 000	20 310 000	21 094 000	16 549 000
Total Equity and Debt	61 192 000	53 390 000	52 179 000	36 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,84 %	76,35 %	29,21 %	32,43 %
Debt-to-Equity Ratio	0,03	1,01	0,92	0,29
Operating Profit Margin	6,42 %	5,15 %	4,59 %	5,85 %
Current Ratio	1,41	1,79	1,26	1,32
Quick Ratio	1,41	1,79	1,26	1,32
Equity Ratio	0,37	0,31	0,31	0,43
Gross Profit Margin	44,34 %	49,73 %	48,74 %	53,36 %