ECIT

NO0010939804

Personal Services

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-30 am EDT			5-day change	1st Jan Change
6.76 ^NOK	-0.59%		-3.43%	-13.33%

Mar. 21	ECIT AS (OB:ECIT) acquired 75% stake in Företagsbyrån I Luleå Ab.	CI
Mar. 01	ECIT Unit Buys Accounting, Payroll Portfolios	MT

ECIT AS: Annual Report 2023

February 28, 2024 at 02:01 am EST

Company announcement No. 229

The Board of Directors of ECIT AS has approved the annual accounts for 2023, and
ECIT hereby publishes its annual report for 2023 and a separate investor
presentation. The reports are attached (see link below) and also available at
website:  www.ecit.com/investor.

A live presentation of the results will be held today at 10:00 (CET). CEO Peter
Lauring and CFO Mads Skovgaard will present. Investors, analysts, creditors, and
media are invited to follow the webcast, link is here: 

Link to webcast: https://vimeo.com/event/4093151/abd035876f 

A recording of the presentation will be available on our website after the
webcast.

Link to Annual Report 2023:
https://www.ecit.com/media/8444/ecit-annual-report-2023-62971.pdf
Link to Investor presentation:
https://www.ecit.com/media/8445/ecit-investor-presentation-fy-2023_hycgk14.pdf
Link to financial details:
https://www.ecit.com/media/8446/ecit-financial-details-2020-2023-fy_wqjgd135.xls
x


About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and IT services. ECIT has a proven model for acquisitions, combining proximity
to customers, local entrepreneurship and the strength of a larger international
group. ECIT has a full-year proforma revenue of 3.6 billion NOK per FY 2023 and
more than 2,600 employees across ten countries. M&A has been key to drive the
Company's growth as ECIT has completed more than 135 acquisitions since 2013.
Read more at www.ecit.com


For further information, please contact  
Mads Skovgaard, Group CFO
mskovgaard@ecit.com 
+45 2780 4942

Click here for more information

Latest news about ECIT

ECIT AS (OB:ECIT) acquired 75% stake in Företagsbyrån I Luleå Ab.	Mar. 20	CI
ECIT Unit Buys Accounting, Payroll Portfolios	Mar. 01	MT
ECIT AS Proposes Ordinary Dividend for the Fiscal Year 2023, Payable on or About April 8, 2024	Feb. 28	CI
ECIT AS Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Tranche Update on ECIT AS (OB:ECIT)'s Equity Buyback Plan announced on May 10, 2023.	Feb. 28	CI
ECIT AS (OB:ECIT) acquired Frejs Konsulter Ab.	Feb. 14	CI
Ecit Buys 25% Stake in Norwegian Software Company Zirius	Jan. 19	MT
ECIT AS (OB:ECIT) acquired 24.988% stake in Zirius As.	Jan. 18	CI
ECIT AS (OB:ECIT) acquired Aktiv Revisjon Og Regnskap As.	Dec. 14	CI
ECIT Launches NOK7.5 Million Share Buyback Program	Nov. 09	MT
ECIT AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Ecit Buys Majority Stake in Accounting, Payroll Group Elverum Regnskap	Nov. 03	MT
ECIT AS (OB:ECIT) acquired 50.1% stake in Elverum Regnskap As.	Nov. 02	CI
Ecit Closes Stake Buy in Norwegian Audio Visual Company Evercom	23-10-27	MT
ECIT AS (OB:ECIT) completed the acquisition of 50.1% stake in Evercom AS for NOK 10 million.	23-10-26	CI
Ecit Signs Deal for 50% Stake in Norwegian Audio Visual Company Evercom	23-10-10	MT
ECIT AS (OB:ECIT) acquired 50.1% stake in Evercom AS.	23-10-09	CI
ECIT AS (OB:ECIT) entered into an agreement to acquire 50.1% stake in Evercom AS.	23-10-09	CI
Ecit Buys Majority Stake in Norwegian Software Group Rubic	23-10-04	MT
ECIT AS (OB:ECIT) acquired 56.27% stake in Rubic As.	23-10-03	CI
Ecit Buys Majority Stake in IT Consulting Group BusinessPartner i Helsingborg	23-09-29	MT
ECIT AS (OB:ECIT) acquired 50.1% stake in Businesspartner I Helsingborg Ab.	23-09-28	CI
ECIT AS Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-24	CI
ECIT AS (OB:ECIT) acquired 50% stake in ECIT Sustainability AS.	23-06-28	CI
Ecit Closes Acquisition of Majority Stake in Kreatif	23-06-28	MT

Ecit AS is a Norway-based company, that support its customer with accounting, payroll, and a broad range of Information Technology (IT) services. The Companyâs business operations are carried out by three divisions: Information Technology (IT) that offers IT services based on business understanding, and more than 400 IT-experts are ready to help its customers operate and optimize their IT setup. The Finance & Accounting division improves customersâ efficiency through delivering vital administrative services in a more effective and productive way. The Tech division develop software applications primarily used within Finance & Accounting as well as IT business areas. The company operates in Norway, Denmark, Sweden, Finland, Lithuania, Poland, Germany, Serbia and the United Kingdom.

Sector

Personal Services

Calendar

2024-05-08 - Q1 2024 Earnings Release

More about the company