ECIT AS
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has ECIT AS's balance sheet done over the years? Its assets were worth $3,769,000,000 last year, which is more than in the previous period. 50% of ECIT AS’s total assets is currently financed by debt. Its liabilities reached the amount of $1,886,000,000, which means an increase by 35% compared compared to last year.
Debt to Assets
| 2018 | 1236220000 | 397.03M | 32.12% |
|---|---|---|---|
| 2019 | 1589554000 | 698.92M | 43.97% |
| 2020 | 2107713000 | 1.13B | 53.89% |
| 2021 | 2576000000 | 1.21B | 47.09% |
| 2022 | 3045000000 | 1.39B | 45.71% |
| 2023 | 3769000000 | 1.88B | 50.04% |
ECIT.OL Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 192M | 169M | 251M | 220.00M | 130.66M | 144.59M |
Short term investments | 0 | -57M | 0 | -58.16M | -43.67M | 0 |
Net receivables | 500M | 583M | 492M | 410.77M | 274.08M | 0 |
Inventory | 15M | 12M | 12M | 10.43M | 7.33M | 5.90M |
Other current assets | 181M | 14M | -1M | 26.41M | 21.36M | 0 |
Total current assets | 888M | 778M | 754M | 667.63M | 433.44M | 375.95M |
Non-current assets: | ||||||
Property, Plant and Equipment | 336M | 265M | 276M | 264.28M | 199.86M | 61.66M |
Goodwill | 1.67B | 1.27B | 955M | 727.70M | 603.08M | 513.52M |
Intangible assets | 610M | 533M | 447M | 358.53M | 254.22M | 208.11M |
Long term investments | 136M | 153M | 112M | 74.55M | 77.47M | 0 |
Other non-current assets | 76M | 1M | 1M | -2K | -2K | 62.24M |
Total non-current assets | 2.88B | 2.26B | 1.82B | 1.44B | 1.15B | 860.26M |
Total assets | 3.76B | 3.04B | 2.57B | 2.10B | 1.58B | 1.23B |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 65M | 140M | 64M | 286.65M | 136.02M | 99.44M |
Short term debt | 137M | 97M | 112M | 83.03M | 53.26M | 7.82M |
Total current liabilities | 949M | 770M | 762M | 771.85M | 466.96M | 315.01M |
| Non-current liabilities: | ||||||
Long term debt | 765M | 495M | 341M | 256.09M | 144.80M | 18.31M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 66M | 4M | 6M | 47.41M | 44.88M | 26.27M |
Total non-current liabilities | 937M | 622M | 451M | 363.89M | 231.96M | 82.02M |
Total liabilities | 1.88B | 1.39B | 1.21B | 1.13B | 698.92M | 397.03M |
| Data source | Data source | Data source | Data source | Data source | Data source |