ECIT SERVICES AS

2013 SKJETTEN

Finances

Return on Equity

8,84 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 885 000	176 212 000	127 933 000	97 732 000
Net Income	10 769 000	8 176 000	8 685 000	7 037 000
Total Assets	233 344 000	254 180 000	60 285 000	53 475 000
Total Equity	121 760 000	154 950 000	23 752 000	21 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 885 000	176 212 000	127 933 000	97 732 000
Expenditure	282 116 000	168 526 000	115 279 000	87 590 000
Operating Profit	−1 230 000	7 686 000	12 653 000	10 142 000
Financial Income	17 721 000	5 324 000	161 000	134 000
Financial Costs	461 000	369 000	143 000	68 000
Financial Balance	17 260 000	4 955 000	18 000	66 000
Earnings Before Tax	16 030 000	12 641 000	12 671 000	10 208 000
Tax	5 261 000	4 465 000	3 986 000	3 172 000
Net Income	10 769 000	8 176 000	8 685 000	7 037 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	131 498 000	167 956 000	23 249 000	23 510 000
Total Current Assets	101 846 000	86 225 000	37 036 000	29 965 000
Total Assets	233 344 000	254 180 000	60 285 000	53 475 000
Total Retained Equity	0	0	0	0
Total Equity	121 760 000	154 950 000	23 752 000	21 896 000
Total Long-Term Debt	14 556 000	17 304 000	268 000	492 000
Total Current Debt	97 028 000	81 926 000	36 265 000	31 086 000
Total Equity and Debt	233 344 000	254 180 000	60 285 000	53 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 983 000	172 834 000	126 688 000	96 886 000
Other Income	902 000	3 378 000	1 244 000	846 000
Revenue	280 885 000	176 212 000	127 933 000	97 732 000
Cost of Goods Sold	23 652 000	26 171 000	9 110 000	8 372 000
Salary Costs	171 127 000	96 702 000	75 562 000	56 353 000
Depreciation	29 918 000	14 756 000	7 425 000	3 492 000
Impairment	7 842 000	0	0	0
Expenditure	282 116 000	168 526 000	115 279 000	87 590 000
Operating Profit	−1 230 000	7 686 000	12 653 000	10 142 000
Financial Income	17 721 000	5 324 000	161 000	134 000
Financial Costs	461 000	369 000	143 000	68 000
Financial Balance	17 260 000	4 955 000	18 000	66 000
Dividends	42 000 000	26 801 000	11 569 000	13 429 000
Net Income	10 769 000	8 176 000	8 685 000	7 037 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	45 000 000	70 364 000	15 338 000	16 172 000
Total Intangible Assets	119 924 000	154 588 000	18 818 000	20 464 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 903 000	4 614 000	2 549 000	2 545 000
Total Tangible Assets	4 903 000	4 614 000	2 549 000	2 545 000
Total Fiancial Fixed Assets	6 671 000	8 753 000	1 882 000	502 000
Total Fixed Assets	131 498 000	167 956 000	23 249 000	23 510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	642 000	2 882 000	3 671 000	7 919 000
Total Current Assets	101 846 000	86 225 000	37 036 000	29 965 000
Total Assets	233 344 000	254 180 000	60 285 000	53 475 000
Total Equity	121 760 000	154 950 000	23 752 000	21 896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 556 000	17 304 000	268 000	492 000
Creditors	5 877 000	6 135 000	3 135 000	1 647 000
Unpaid Taxes	21 212 000	17 487 000	8 777 000	8 373 000
Dividends	42 000 000	26 801 000	11 569 000	13 429 000
Other Current Debt	21 197 000	22 988 000	8 666 000	9 923 000
Total Current Debt	97 028 000	81 926 000	36 265 000	31 086 000
Total Equity and Debt	233 344 000	254 180 000	60 285 000	53 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,84 %	5,28 %	36,57 %	32,14 %
Debt-to-Equity Ratio	0,12	0,11	0,01	0,02
Operating Profit Margin	−0,44 %	4,36 %	9,89 %	10,38 %
Current Ratio	1,05	1,05	1,02	0,96
Quick Ratio	1,05	1,05	1,02	0,96
Equity Ratio	0,52	0,61	0,39	0,41
Gross Profit Margin	91,58 %	85,15 %	92,88 %	91,43 %