ECIT NORIAN TOPCO AS

0158 OSLO

Finances

Return on Equity

16,03 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 058 000	20 518 000	265 081 000	245 934 000
Net Income	6 786 000	8 440 000	17 132 000	16 747 000
Total Assets	68 693 000	20 007 000	66 058 000	22 643 000
Total Equity	42 324 000	3 445 000	−2 457 000	−18 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 058 000	20 518 000	265 081 000	245 934 000
Expenditure	28 265 000	25 974 000	243 811 000	239 408 000
Operating Profit	−3 207 000	−5 455 000	21 269 000	6 526 000
Financial Income	13 051 000	15 470 000	5 581 000	14 649 000
Financial Costs	1 128 000	1 099 000	5 467 000	2 659 000
Financial Balance	11 923 000	14 371 000	114 000	11 990 000
Earnings Before Tax	8 716 000	8 916 000	21 383 000	18 516 000
Tax	1 930 000	476 000	4 252 000	1 768 000
Net Income	6 786 000	8 440 000	17 132 000	16 747 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 627 000	216 000	−10 506 000	−23 467 000
Total Current Assets	19 066 000	19 791 000	76 565 000	46 109 000
Total Assets	68 693 000	20 007 000	66 058 000	22 643 000
Total Retained Equity	0	2 016 000	−3 618 000	−19 795 000
Total Equity	42 324 000	3 445 000	−2 457 000	−18 633 000
Total Long-Term Debt	0	6 802 000	3 050 000	1 126 000
Total Current Debt	26 369 000	9 760 000	65 465 000	40 150 000
Total Equity and Debt	68 693 000	20 007 000	66 058 000	22 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 058 000	20 518 000	263 678 000	245 522 000
Other Income	0	0	1 403 000	413 000
Revenue	25 058 000	20 518 000	265 081 000	245 934 000
Cost of Goods Sold	17 269 000	15 098 000	30 825 000	33 049 000
Salary Costs	5 203 000	4 835 000	176 930 000	170 151 000
Depreciation	0	0	−9 436 000	−9 883 000
Impairment	0	0	0	0
Expenditure	28 265 000	25 974 000	243 811 000	239 408 000
Operating Profit	−3 207 000	−5 455 000	21 269 000	6 526 000
Financial Income	13 051 000	15 470 000	5 581 000	14 649 000
Financial Costs	1 128 000	1 099 000	5 467 000	2 659 000
Financial Balance	11 923 000	14 371 000	114 000	11 990 000
Dividends	18 913 000	4 000 000	0	0
Net Income	6 786 000	8 440 000	17 132 000	16 747 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	−23 770 000	−37 252 000
Total Intangible Assets	0	201 000	−14 281 000	−28 242 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 476 000	3 227 000
Total Tangible Assets	0	0	2 476 000	3 227 000
Total Fiancial Fixed Assets	49 627 000	15 000	1 298 000	1 548 000
Total Fixed Assets	49 627 000	216 000	−10 506 000	−23 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	0	32 586 000	3 614 000
Total Current Assets	19 066 000	19 791 000	76 565 000	46 109 000
Total Assets	68 693 000	20 007 000	66 058 000	22 643 000
Total Equity	42 324 000	3 445 000	−2 457 000	−18 633 000
Short-Term Group Debt	3 627 000	4 321 000	0	0
Total Long-Term Debt	0	6 802 000	3 050 000	1 126 000
Creditors	1 153 000	854 000	8 442 000	11 213 000
Unpaid Taxes	441 000	329 000	27 951 000	12 529 000
Dividends	18 913 000	4 000 000	0	0
Other Current Debt	508 000	256 000	27 841 000	15 645 000
Total Current Debt	26 369 000	9 760 000	65 465 000	40 150 000
Total Equity and Debt	68 693 000	20 007 000	66 058 000	22 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,03 %	244,99 %	−697,27 %	−89,88 %
Debt-to-Equity Ratio	0	1,97	−1,24	−0,06
Operating Profit Margin	−12,8 %	−26,59 %	8,02 %	2,65 %
Current Ratio	0,72	2,03	1,17	1,15
Quick Ratio	0,72	2,03	1,17	1,15
Equity Ratio	0,62	0,17	−0,04	−0,82
Gross Profit Margin	31,08 %	26,42 %	88,37 %	86,56 %