ECIT MARKETING AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

180,36 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 482 000	7 174 000	2 948 000	1 375 000
Net Income	4 960 000	506 000	−359 000	−643 000
Total Assets	11 923 000	2 490 000	1 013 000	846 000
Total Equity	2 750 000	1 003 000	408 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 482 000	7 174 000	2 948 000	1 375 000
Expenditure	29 086 000	6 521 000	3 399 000	2 198 000
Operating Profit	6 396 000	652 000	−452 000	−823 000
Financial Income	59 000	0	0	0
Financial Costs	90 000	1 000	4 000	1 000
Financial Balance	−31 000	−1 000	−4 000	−1 000
Earnings Before Tax	6 364 000	651 000	−456 000	−824 000
Tax	1 404 000	145 000	−97 000	−181 000
Net Income	4 960 000	506 000	−359 000	−643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	154 000	318 000	387 000
Total Current Assets	11 728 000	2 336 000	695 000	459 000
Total Assets	11 923 000	2 490 000	1 013 000	846 000
Total Retained Equity	1 250 000	−497 000	−1 003 000	−644 000
Total Equity	2 750 000	1 003 000	408 000	156 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 173 000	1 486 000	606 000	690 000
Total Equity and Debt	11 923 000	2 490 000	1 013 000	846 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 482 000	7 174 000	2 948 000	1 375 000
Other Income	0	0	0	0
Revenue	35 482 000	7 174 000	2 948 000	1 375 000
Cost of Goods Sold	22 844 000	4 346 000	1 523 000	735 000
Salary Costs	4 053 000	1 653 000	1 268 000	1 186 000
Depreciation	49 000	19 000	43 000	16 000
Impairment	0	0	0	0
Expenditure	29 086 000	6 521 000	3 399 000	2 198 000
Operating Profit	6 396 000	652 000	−452 000	−823 000
Financial Income	59 000	0	0	0
Financial Costs	90 000	1 000	4 000	1 000
Financial Balance	−31 000	−1 000	−4 000	−1 000
Dividends	3 214 000	0	0	0
Net Income	4 960 000	506 000	−359 000	−643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	154 000	318 000	387 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	0	0	0
Total Tangible Assets	99 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 000	154 000	318 000	387 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	204 000	1 234 000	226 000	316 000
Total Current Assets	11 728 000	2 336 000	695 000	459 000
Total Assets	11 923 000	2 490 000	1 013 000	846 000
Total Equity	2 750 000	1 003 000	408 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	922 000	410 000	180 000	127 000
Unpaid Taxes	2 324 000	516 000	200 000	148 000
Dividends	3 214 000	0	0	0
Other Current Debt	1 345 000	560 000	226 000	415 000
Total Current Debt	9 173 000	1 486 000	606 000	690 000
Total Equity and Debt	11 923 000	2 490 000	1 013 000	846 000

Financial indicators	2022	2021	2020	2019
Return on Equity	180,36 %	50,45 %	−87,99 %	−412,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,03 %	9,09 %	−15,33 %	−59,85 %
Current Ratio	1,28	1,57	1,15	0,67
Quick Ratio	1,28	1,57	1,15	0,67
Equity Ratio	0,23	0,4	0,4	0,18
Gross Profit Margin	35,62 %	39,42 %	48,34 %	46,55 %