ECIT AS (OSL: ECIT)

ECIT AS Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	157	192	183	265	246	-
Short-Term Investments	-	-	-	-	-	130.66
Cash & Short-Term Investments	157	192	183	265	246	130.66
Cash Growth	-33.19%	4.92%	-30.94%	7.72%	88.27%	-9.64%
Accounts Receivable	567	500	407	325	288	223.04
Other Receivables	132	108	114	137	124	51.05
Receivables	717	618	532	478	412	274.08
Inventory	14	15	12	12	10	7.34
Prepaid Expenses	107	63	51	-	-	-
Other Current Assets	-2	-	-	-1	-	21.36
Total Current Assets	993	888	778	754	668	433.44
Property, Plant & Equipment	320	336	265	276	265	199.87
Long-Term Investments	165	136	96	64	75	33.8
Goodwill	1,695	1,670	1,279	955	728	603.09
Other Intangible Assets	612	610	533	448	276	225.31
Long-Term Deferred Tax Assets	54	53	38	31	15	21.46
Long-Term Deferred Charges	-	-	-	-	83	28.92
Other Long-Term Assets	18	15	6	14	-2	43.68
Total Assets	3,918	3,769	3,045	2,576	2,108	1,590
Accounts Payable	193	184	142	111	98	67.64
Accrued Expenses	-	-	-	-	-	57.8
Current Portion of Long-Term Debt	11	35	17	36	36	11.77
Current Portion of Leases	98	102	80	76	62	41.5
Current Income Taxes Payable	41	47	68	59	38	27.46
Current Unearned Revenue	94	65	49	40	-	-
Other Current Liabilities	694	516	414	363	539	260.79
Total Current Liabilities	1,131	949	770	685	773	466.96
Long-Term Debt	621	584	350	181	124	44.27
Long-Term Leases	164	181	145	160	139	100.53
Long-Term Deferred Tax Liabilities	107	106	84	78	60	42.28
Other Long-Term Liabilities	70	61	40	32	40	44.88
Total Liabilities	2,093	1,886	1,393	1,136	1,136	698.93
Common Stock	465	454	452	445	388	373.5
Additional Paid-In Capital	852	782	771	723	371	311.58
Retained Earnings	-21	23	57	33	55	64.13
Treasury Stock	-2	-2	-6	-1	-8	-1.86
Comprensive Income & Other	65	126	14	17	5	24.76
Total Common Equity	1,359	1,383	1,288	1,217	811	772.1
Minority Interest	466	500	364	223	161	118.53
Shareholders' Equity	1,825	1,883	1,652	1,440	972	890.63
Total Liabilities & Equity	3,918	3,769	3,045	2,576	2,108	1,590
Total Debt	894	902	592	453	361	198.07
Net Cash (Debt)	-737	-710	-409	-188	-115	-67.41
Net Cash Per Share	-1.59	-1.55	-0.91	-0.45	-0.30	-0.18
Filing Date Shares Outstanding	463.25	454.11	452.05	445.46	384.26	373.5
Total Common Shares Outstanding	463.25	454.11	452.05	445.46	384.26	373.5
Working Capital	-138	-61	8	69	-105	-33.52
Book Value Per Share	2.93	3.05	2.85	2.73	2.11	2.07
Tangible Book Value	-948	-897	-524	-186	-193	-56.29
Tangible Book Value Per Share	-2.05	-1.98	-1.16	-0.42	-0.50	-0.15
Land	-	24	21	15	34	0.9
Buildings	-	-	-	-	-	28.07
Machinery	-	241	199	182	174	138.06

Source: S&P Capital IQ. Standard template. Financial Sources.