ECIT TRONDHEIM AS

7049 TRONDHEIM

Finances

Share Ownership

Return on Equity

−6 060,61 %

Current Ratio

1,07

Debt-to-Equity Ratio

117,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 557 000	14 212 000	15 062 000	9 066 000
Net Income	−2 000 000	−1 760 000	−779 000	28 000
Total Assets	9 000 000	7 272 000	7 584 000	3 916 000
Total Equity	33 000	33 000	−407 000	372 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 557 000	14 212 000	15 062 000	9 066 000
Expenditure	15 881 000	16 294 000	15 975 000	8 995 000
Operating Profit	−2 323 000	−2 082 000	−914 000	70 000
Financial Income	17 000	20 000	9 000	3 000
Financial Costs	258 000	194 000	94 000	37 000
Financial Balance	−241 000	−174 000	−85 000	−34 000
Earnings Before Tax	−2 564 000	−2 256 000	−999 000	36 000
Tax	−564 000	−496 000	−220 000	8 000
Net Income	−2 000 000	−1 760 000	−779 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 559 000	3 274 000	3 720 000	1 658 000
Total Current Assets	5 441 000	3 998 000	3 864 000	2 258 000
Total Assets	9 000 000	7 272 000	7 584 000	3 916 000
Total Retained Equity	−4 511 000	−2 511 000	−751 000	28 000
Total Equity	33 000	33 000	−407 000	372 000
Total Long-Term Debt	3 885 000	3 750 000	3 656 000	6 000
Total Current Debt	5 082 000	3 489 000	4 335 000	3 537 000
Total Equity and Debt	9 000 000	7 272 000	7 584 000	3 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 557 000	14 212 000	14 121 000	9 066 000
Other Income	0	0	941 000	0
Revenue	13 557 000	14 212 000	15 062 000	9 066 000
Cost of Goods Sold	938 000	248 000	379 000	93 000
Salary Costs	11 151 000	11 112 000	11 371 000	6 062 000
Depreciation	592 000	1 040 000	737 000	431 000
Impairment	0	0	0	0
Expenditure	15 881 000	16 294 000	15 975 000	8 995 000
Operating Profit	−2 323 000	−2 082 000	−914 000	70 000
Financial Income	17 000	20 000	9 000	3 000
Financial Costs	258 000	194 000	94 000	37 000
Financial Balance	−241 000	−174 000	−85 000	−34 000
Dividends	0	0	0	0
Net Income	−2 000 000	−1 760 000	−779 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 009 000	2 206 000	3 143 000	1 551 000
Total Intangible Assets	3 283 000	2 916 000	3 357 000	1 551 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	275 000	347 000	107 000
Total Tangible Assets	195 000	275 000	347 000	107 000
Total Fiancial Fixed Assets	81 000	82 000	16 000	0
Total Fixed Assets	3 559 000	3 274 000	3 720 000	1 658 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	357 000	445 000	807 000
Total Current Assets	5 441 000	3 998 000	3 864 000	2 258 000
Total Assets	9 000 000	7 272 000	7 584 000	3 916 000
Total Equity	33 000	33 000	−407 000	372 000
Short-Term Group Debt	0	0	0	778 000
Total Long-Term Debt	3 885 000	3 750 000	3 656 000	6 000
Creditors	501 000	890 000	427 000	251 000
Unpaid Taxes	1 337 000	1 598 000	1 172 000	655 000
Dividends	0	0	0	0
Other Current Debt	1 333 000	980 000	1 036 000	1 853 000
Total Current Debt	5 082 000	3 489 000	4 335 000	3 537 000
Total Equity and Debt	9 000 000	7 272 000	7 584 000	3 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6 060,61 %	−5 333,33 %	191,4 %	7,53 %
Debt-to-Equity Ratio	117,73	113,64	−8,98	0,02
Operating Profit Margin	−17,14 %	−14,65 %	−6,07 %	0,77 %
Current Ratio	1,07	1,15	0,89	0,64
Quick Ratio	1,07	1,15	0,89	0,64
Equity Ratio	0	0	−0,05	0,09
Gross Profit Margin	93,08 %	98,25 %	97,48 %	98,97 %