ECIT EMPLOY AS

0484 OSLO

Finances

Share Ownership

Return on Equity

−20,4 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 442 000	10 617 000	6 478 000	9 184 000
Net Income	−92 000	1 347 000	366 000	388 000
Total Assets	3 172 000	5 542 000	2 754 000	3 113 000
Total Equity	451 000	543 000	506 000	350 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 442 000	10 617 000	6 478 000	9 184 000
Expenditure	12 339 000	8 827 000	5 992 000	8 739 000
Operating Profit	104 000	1 790 000	487 000	445 000
Financial Income	2 000	0	7 000	9 000
Financial Costs	211 000	63 000	24 000	2 000
Financial Balance	−209 000	−63 000	−17 000	7 000
Earnings Before Tax	−106 000	1 727 000	470 000	452 000
Tax	−13 000	380 000	104 000	64 000
Net Income	−92 000	1 347 000	366 000	388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	337 000	428 000	158 000	0
Total Current Assets	2 836 000	5 114 000	2 596 000	3 113 000
Total Assets	3 172 000	5 542 000	2 754 000	3 113 000
Total Retained Equity	301 000	393 000	356 000	200 000
Total Equity	451 000	543 000	506 000	350 000
Total Long-Term Debt	398 000	461 000	3 000	8 000
Total Current Debt	2 323 000	4 539 000	2 246 000	2 755 000
Total Equity and Debt	3 172 000	5 542 000	2 754 000	3 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 442 000	10 617 000	6 328 000	9 184 000
Other Income	0	0	150 000	0
Revenue	12 442 000	10 617 000	6 478 000	9 184 000
Cost of Goods Sold	5 774 000	1 551 000	3 258 000	5 696 000
Salary Costs	4 809 000	6 087 000	1 700 000	1 488 000
Depreciation	92 000	31 000	0	0
Impairment	0	0	0	0
Expenditure	12 339 000	8 827 000	5 992 000	8 739 000
Operating Profit	104 000	1 790 000	487 000	445 000
Financial Income	2 000	0	7 000	9 000
Financial Costs	211 000	63 000	24 000	2 000
Financial Balance	−209 000	−63 000	−17 000	7 000
Dividends	0	0	0	0
Net Income	−92 000	1 347 000	366 000	388 000

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	0	0	0	0
Fixtures	337 000	428 000	0	0
Total Tangible Assets	337 000	428 000	0	0
Total Fiancial Fixed Assets	0	0	158 000	0
Total Fixed Assets	337 000	428 000	158 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	959 000	259 000	106 000	649 000
Total Current Assets	2 836 000	5 114 000	2 596 000	3 113 000
Total Assets	3 172 000	5 542 000	2 754 000	3 113 000
Total Equity	451 000	543 000	506 000	350 000
Short-Term Group Debt	627 000	1 940 000	748 000	1 975 000
Total Long-Term Debt	398 000	461 000	3 000	8 000
Creditors	444 000	190 000	103 000	72 000
Unpaid Taxes	555 000	1 599 000	1 018 000	166 000
Dividends	0	0	0	0
Other Current Debt	697 000	810 000	377 000	542 000
Total Current Debt	2 323 000	4 539 000	2 246 000	2 755 000
Total Equity and Debt	3 172 000	5 542 000	2 754 000	3 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,4 %	248,07 %	72,33 %	110,86 %
Debt-to-Equity Ratio	0,88	0,85	0,01	0,02
Operating Profit Margin	0,84 %	16,86 %	7,52 %	4,85 %
Current Ratio	1,22	1,13	1,16	1,13
Quick Ratio	1,22	1,13	1,16	1,13
Equity Ratio	0,14	0,1	0,18	0,11
Gross Profit Margin	53,59 %	85,39 %	49,71 %	37,98 %