ECIT LAW ADVOKATER AS

3511 HØNEFOSS

Finances

Return on Equity

8,91 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 035 000	23 304 000	21 115 000	12 557 000
Net Income	197 000	3 205 000	2 277 000	669 000
Total Assets	8 416 000	9 895 000	10 262 000	3 675 000
Total Equity	2 212 000	1 889 000	1 834 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 035 000	23 304 000	21 115 000	12 557 000
Expenditure	21 699 000	19 533 000	18 224 000	11 675 000
Operating Profit	335 000	3 771 000	2 891 000	883 000
Financial Income	52 000	192 000	24 000	66 000
Financial Costs	3 000	16 000	6 000	2 000
Financial Balance	49 000	176 000	18 000	64 000
Earnings Before Tax	384 000	3 947 000	2 908 000	948 000
Tax	188 000	741 000	632 000	279 000
Net Income	197 000	3 205 000	2 277 000	669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	463 000	579 000	252 000	112 000
Total Current Assets	7 953 000	9 316 000	10 010 000	3 563 000
Total Assets	8 416 000	9 895 000	10 262 000	3 675 000
Total Retained Equity	2 001 000	1 678 000	1 622 000	0
Total Equity	2 212 000	1 889 000	1 834 000	100 000
Total Long-Term Debt	0	37 000	0	0
Total Current Debt	6 204 000	7 968 000	8 428 000	3 575 000
Total Equity and Debt	8 416 000	9 895 000	10 262 000	3 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 059 000	22 025 000	20 878 000	12 297 000
Other Income	−24 000	1 279 000	237 000	261 000
Revenue	22 035 000	23 304 000	21 115 000	12 557 000
Cost of Goods Sold	293 000	497 000	236 000	432 000
Salary Costs	14 569 000	13 051 000	10 873 000	7 469 000
Depreciation	116 000	128 000	63 000	96 000
Impairment	0	0	0	0
Expenditure	21 699 000	19 533 000	18 224 000	11 675 000
Operating Profit	335 000	3 771 000	2 891 000	883 000
Financial Income	52 000	192 000	24 000	66 000
Financial Costs	3 000	16 000	6 000	2 000
Financial Balance	49 000	176 000	18 000	64 000
Dividends	0	3 150 000	2 200 000	1 388 000
Net Income	197 000	3 205 000	2 277 000	669 000

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	319 000	435 000	108 000	102 000
Total Tangible Assets	319 000	435 000	108 000	102 000
Total Fiancial Fixed Assets	144 000	144 000	144 000	10 000
Total Fixed Assets	463 000	579 000	252 000	112 000
Stock	0	0	0	0
Total Investments	0	0	0	25 000
Cash, Bank	3 460 000	3 296 000	3 095 000	845 000
Total Current Assets	7 953 000	9 316 000	10 010 000	3 563 000
Total Assets	8 416 000	9 895 000	10 262 000	3 675 000
Total Equity	2 212 000	1 889 000	1 834 000	100 000
Short-Term Group Debt	0	0	688 000	0
Total Long-Term Debt	0	37 000	0	0
Creditors	370 000	686 000	566 000	274 000
Unpaid Taxes	1 817 000	2 001 000	1 938 000	940 000
Dividends	0	3 150 000	2 200 000	1 388 000
Other Current Debt	3 793 000	1 427 000	2 405 000	694 000
Total Current Debt	6 204 000	7 968 000	8 428 000	3 575 000
Total Equity and Debt	8 416 000	9 895 000	10 262 000	3 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,91 %	169,67 %	124,15 %	669 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	1,52 %	16,18 %	13,69 %	7,03 %
Current Ratio	1,28	1,17	1,19	1
Quick Ratio	1,28	1,17	1,19	1
Equity Ratio	0,26	0,19	0,18	0,03
Gross Profit Margin	98,67 %	97,87 %	98,88 %	96,56 %