ECIT BUSINESS PARTNER AS

4100 JØRPELAND

Finances

Return on Equity

525,95 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 246 000	32 335 000	30 227 000	29 566 000
Net Income	2 635 000	1 823 000	1 573 000	1 629 000
Total Assets	10 334 000	9 199 000	8 222 000	6 736 000
Total Equity	501 000	501 000	1 894 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 246 000	32 335 000	30 227 000	29 566 000
Expenditure	31 905 000	29 985 000	28 227 000	27 474 000
Operating Profit	3 342 000	2 350 000	2 000 000	2 093 000
Financial Income	48 000	23 000	52 000	36 000
Financial Costs	5 000	25 000	33 000	36 000
Financial Balance	43 000	−2 000	19 000	0
Earnings Before Tax	3 385 000	2 347 000	2 020 000	2 092 000
Tax	750 000	524 000	447 000	464 000
Net Income	2 635 000	1 823 000	1 573 000	1 629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	382 000	343 000	440 000	742 000
Total Current Assets	9 952 000	8 856 000	7 782 000	5 994 000
Total Assets	10 334 000	9 199 000	8 222 000	6 736 000
Total Retained Equity	181 000	181 000	1 574 000	1 000
Total Equity	501 000	501 000	1 894 000	321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 834 000	8 698 000	6 328 000	6 416 000
Total Equity and Debt	10 334 000	9 199 000	8 222 000	6 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 246 000	32 335 000	30 227 000	29 566 000
Other Income	0	0	0	0
Revenue	35 246 000	32 335 000	30 227 000	29 566 000
Cost of Goods Sold	630 000	1 471 000	957 000	669 000
Salary Costs	23 083 000	21 632 000	20 231 000	20 018 000
Depreciation	75 000	132 000	349 000	405 000
Impairment	0	0	0	0
Expenditure	31 905 000	29 985 000	28 227 000	27 474 000
Operating Profit	3 342 000	2 350 000	2 000 000	2 093 000
Financial Income	48 000	23 000	52 000	36 000
Financial Costs	5 000	25 000	33 000	36 000
Financial Balance	43 000	−2 000	19 000	0
Dividends	2 635 000	1 644 000	0	408 000
Net Income	2 635 000	1 823 000	1 573 000	1 629 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	25 000	58 000
Total Intangible Assets	110 000	201 000	207 000	232 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	22 000
Fixtures	272 000	142 000	233 000	489 000
Total Tangible Assets	272 000	142 000	233 000	510 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	382 000	343 000	440 000	742 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	4 737 000	4 698 000	2 694 000
Total Current Assets	9 952 000	8 856 000	7 782 000	5 994 000
Total Assets	10 334 000	9 199 000	8 222 000	6 736 000
Total Equity	501 000	501 000	1 894 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	916 000	323 000	651 000	434 000
Unpaid Taxes	2 572 000	3 332 000	2 788 000	2 654 000
Dividends	2 635 000	1 644 000	0	408 000
Other Current Debt	3 052 000	2 857 000	2 433 000	2 435 000
Total Current Debt	9 834 000	8 698 000	6 328 000	6 416 000
Total Equity and Debt	10 334 000	9 199 000	8 222 000	6 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	525,95 %	363,87 %	83,05 %	507,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,48 %	7,27 %	6,62 %	7,08 %
Current Ratio	1,01	1,02	1,23	0,93
Quick Ratio	1,01	1,02	1,23	0,93
Equity Ratio	0,05	0,05	0,23	0,05
Gross Profit Margin	98,21 %	95,45 %	96,83 %	97,74 %