ECIT ELVERUM AS

2408 ELVERUM

Finances

Share Ownership

Return on Equity

251,02 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 268 000	2 766 000	494 000	0
Net Income	369 000	89 000	99 000	−6 000
Total Assets	965 000	1 363 000	397 000	30 000
Total Equity	147 000	212 000	124 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 268 000	2 766 000	494 000	0
Expenditure	1 792 000	2 646 000	369 000	6 000
Operating Profit	476 000	121 000	126 000	−6 000
Financial Income	0	9 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	9 000	0	0
Earnings Before Tax	475 000	130 000	126 000	−6 000
Tax	107 000	41 000	26 000	0
Net Income	369 000	89 000	99 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	140 000	0	0
Total Current Assets	665 000	1 223 000	397 000	30 000
Total Assets	965 000	1 363 000	397 000	30 000
Total Retained Equity	117 000	182 000	94 000	−6 000
Total Equity	147 000	212 000	124 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	817 000	1 151 000	273 000	6 000
Total Equity and Debt	965 000	1 363 000	397 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 268 000	2 766 000	494 000	0
Other Income	0	0	0	0
Revenue	2 268 000	2 766 000	494 000	0
Cost of Goods Sold	200 000	779 000	0	0
Salary Costs	1 128 000	1 401 000	269 000	0
Depreciation	20 000	20 000	0	0
Impairment	0	0	0	0
Expenditure	1 792 000	2 646 000	369 000	6 000
Operating Profit	476 000	121 000	126 000	−6 000
Financial Income	0	9 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	9 000	0	0
Dividends	0	0	0	0
Net Income	369 000	89 000	99 000	−6 000

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	20 000	40 000	0	0
Total Tangible Assets	20 000	40 000	0	0
Total Fiancial Fixed Assets	280 000	100 000	0	0
Total Fixed Assets	300 000	140 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	743 000	155 000	30 000
Total Current Assets	665 000	1 223 000	397 000	30 000
Total Assets	965 000	1 363 000	397 000	30 000
Total Equity	147 000	212 000	124 000	24 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	10 000	27 000	6 000
Unpaid Taxes	126 000	166 000	146 000	0
Dividends	0	0	0	0
Other Current Debt	130 000	935 000	73 000	0
Total Current Debt	817 000	1 151 000	273 000	6 000
Total Equity and Debt	965 000	1 363 000	397 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	251,02 %	41,98 %	79,84 %	−25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,99 %	4,37 %	25,51 %	-
Current Ratio	0,81	1,06	1,45	5
Quick Ratio	0,81	1,06	1,45	5
Equity Ratio	0,15	0,16	0,31	0,8
Gross Profit Margin	91,18 %	71,84 %	100 %	-