ECIT AUTOGEAR AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

−4,8 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 111 000	23 866 000	19 984 000	19 808 000
Net Income	132 000	−10 366 000	−3 818 000	−2 756 000
Total Assets	19 179 000	16 893 000	21 662 000	21 048 000
Total Equity	−2 748 000	−9 855 000	511 000	4 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 111 000	23 866 000	19 984 000	19 808 000
Expenditure	29 809 000	30 592 000	24 877 000	23 243 000
Operating Profit	−1 697 000	−6 727 000	−4 893 000	−3 435 000
Financial Income	109 000	169 000	140 000	121 000
Financial Costs	280 000	153 000	143 000	221 000
Financial Balance	−171 000	16 000	−3 000	−100 000
Earnings Before Tax	−1 868 000	−6 711 000	−4 896 000	−3 535 000
Tax	−2 000 000	3 656 000	−1 078 000	−779 000
Net Income	132 000	−10 366 000	−3 818 000	−2 756 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 098 000	10 472 000	15 053 000	12 851 000
Total Current Assets	6 081 000	6 421 000	6 610 000	8 198 000
Total Assets	19 179 000	16 893 000	21 662 000	21 048 000
Total Retained Equity	−2 939 000	−10 010 000	0	0
Total Equity	−2 748 000	−9 855 000	511 000	4 329 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 927 000	26 748 000	21 151 000	16 719 000
Total Equity and Debt	19 179 000	16 893 000	21 662 000	21 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 111 000	23 866 000	19 984 000	19 808 000
Other Income	0	0	0	0
Revenue	28 111 000	23 866 000	19 984 000	19 808 000
Cost of Goods Sold	4 801 000	4 927 000	4 539 000	3 576 000
Salary Costs	11 203 000	12 854 000	8 280 000	8 946 000
Depreciation	4 131 000	4 356 000	4 516 000	3 820 000
Impairment	0	0	0	0
Expenditure	29 809 000	30 592 000	24 877 000	23 243 000
Operating Profit	−1 697 000	−6 727 000	−4 893 000	−3 435 000
Financial Income	109 000	169 000	140 000	121 000
Financial Costs	280 000	153 000	143 000	221 000
Financial Balance	−171 000	16 000	−3 000	−100 000
Dividends	0	0	0	0
Net Income	132 000	−10 366 000	−3 818 000	−2 756 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 926 000	10 378 000	15 029 000	12 822 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 172 000	94 000	23 000	28 000
Total Tangible Assets	1 172 000	94 000	23 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 098 000	10 472 000	15 053 000	12 851 000
Stock	694 000	421 000	491 000	663 000
Total Investments	0	0	0	0
Cash, Bank	468 000	658 000	609 000	469 000
Total Current Assets	6 081 000	6 421 000	6 610 000	8 198 000
Total Assets	19 179 000	16 893 000	21 662 000	21 048 000
Total Equity	−2 748 000	−9 855 000	511 000	4 329 000
Short-Term Group Debt	786 000	4 283 000	2 006 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 957 000	3 103 000	2 013 000	1 749 000
Unpaid Taxes	2 057 000	2 306 000	2 230 000	2 883 000
Dividends	0	0	0	0
Other Current Debt	17 127 000	17 056 000	14 902 000	12 087 000
Total Current Debt	21 927 000	26 748 000	21 151 000	16 719 000
Total Equity and Debt	19 179 000	16 893 000	21 662 000	21 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,8 %	105,19 %	−747,16 %	−63,66 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−6,04 %	−28,19 %	−24,48 %	−17,34 %
Current Ratio	0,28	0,24	0,31	0,49
Quick Ratio	0,29	0,24	0,32	0,51
Equity Ratio	−0,14	−0,58	0,02	0,21
Gross Profit Margin	82,92 %	79,36 %	77,29 %	81,95 %