ECIT RÅD & REGNSKAP AS

1339 VØYENENGA

Finances

Return on Equity

133,4 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 474 000	60 018 000	61 752 000	61 337 000
Net Income	5 464 000	5 010 000	5 291 000	3 647 000
Total Assets	22 761 000	21 425 000	21 802 000	20 693 000
Total Equity	4 096 000	4 032 000	4 023 000	3 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 474 000	60 018 000	61 752 000	61 337 000
Expenditure	56 626 000	53 689 000	55 312 000	56 968 000
Operating Profit	6 848 000	6 330 000	6 440 000	4 369 000
Financial Income	176 000	105 000	324 000	366 000
Financial Costs	3 000	0	6 000	38 000
Financial Balance	173 000	105 000	318 000	328 000
Earnings Before Tax	7 021 000	6 434 000	6 758 000	4 697 000
Tax	1 558 000	1 424 000	1 468 000	1 051 000
Net Income	5 464 000	5 010 000	5 291 000	3 647 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 423 000	3 491 000	4 627 000	5 268 000
Total Current Assets	18 338 000	17 934 000	17 175 000	15 425 000
Total Assets	22 761 000	21 425 000	21 802 000	20 693 000
Total Retained Equity	1 919 000	1 856 000	1 846 000	1 555 000
Total Equity	4 096 000	4 032 000	4 023 000	3 732 000
Total Long-Term Debt	0	0	0	624 000
Total Current Debt	18 665 000	17 393 000	17 779 000	16 337 000
Total Equity and Debt	22 761 000	21 425 000	21 802 000	20 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 051 000	59 098 000	61 331 000	60 859 000
Other Income	1 424 000	921 000	421 000	478 000
Revenue	63 474 000	60 018 000	61 752 000	61 337 000
Cost of Goods Sold	4 928 000	4 886 000	4 506 000	4 621 000
Salary Costs	40 647 000	38 985 000	39 697 000	41 177 000
Depreciation	1 652 000	1 649 000	1 571 000	1 423 000
Impairment	0	0	−121 000	0
Expenditure	56 626 000	53 689 000	55 312 000	56 968 000
Operating Profit	6 848 000	6 330 000	6 440 000	4 369 000
Financial Income	176 000	105 000	324 000	366 000
Financial Costs	3 000	0	6 000	38 000
Financial Balance	173 000	105 000	318 000	328 000
Dividends	5 400 000	5 000 000	5 000 000	3 500 000
Net Income	5 464 000	5 010 000	5 291 000	3 647 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	816 000	1 478 000	2 141 000	2 807 000
Total Intangible Assets	1 309 000	2 183 000	3 020 000	3 796 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 743 000	1 196 000	1 496 000	1 361 000
Total Tangible Assets	1 743 000	1 196 000	1 496 000	1 361 000
Total Fiancial Fixed Assets	1 371 000	112 000	112 000	112 000
Total Fixed Assets	4 423 000	3 491 000	4 627 000	5 268 000
Stock	155 000	182 000	181 000	263 000
Total Investments	0	0	0	0
Cash, Bank	448 000	38 000	1 388 000	1 946 000
Total Current Assets	18 338 000	17 934 000	17 175 000	15 425 000
Total Assets	22 761 000	21 425 000	21 802 000	20 693 000
Total Equity	4 096 000	4 032 000	4 023 000	3 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	624 000
Creditors	1 588 000	1 399 000	853 000	1 091 000
Unpaid Taxes	4 641 000	4 416 000	4 290 000	4 454 000
Dividends	5 400 000	5 000 000	5 000 000	3 500 000
Other Current Debt	5 490 000	5 129 000	6 075 000	6 203 000
Total Current Debt	18 665 000	17 393 000	17 779 000	16 337 000
Total Equity and Debt	22 761 000	21 425 000	21 802 000	20 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,4 %	124,26 %	131,52 %	97,72 %
Debt-to-Equity Ratio	0	0	0	0,17
Operating Profit Margin	10,79 %	10,55 %	10,43 %	7,12 %
Current Ratio	0,98	1,03	0,97	0,94
Quick Ratio	0,99	1,04	0,98	0,96
Equity Ratio	0,18	0,19	0,18	0,18
Gross Profit Margin	92,24 %	91,86 %	92,7 %	92,47 %