E

Ecit AS
OSE:ECIT

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Ecit AS
OSE:ECIT
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Price: 9.88 NOK Market Closed
Market Cap: 3.5B NOK
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Gross Margin
Ecit AS

80.9%
Current
79%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
80.9%
=
Gross Profit
2.9B
/
Revenue
3.6B

Gross Margin Across Competitors

Country NO
Market Cap 3.5B NOK
Gross Margin
81%
Country IE
Market Cap 224.4B USD
Gross Margin
32%
Country US
Market Cap 206B USD
Gross Margin
57%
Country IN
Market Cap 15T INR
Gross Margin
97%
Country IN
Market Cap 8T INR
Gross Margin
30%
Country IN
Market Cap 5.2T INR
Gross Margin
86%
Country US
Market Cap 39.1B USD
Gross Margin
34%
Country US
Market Cap 37.8B USD
Gross Margin
68%
Country IN
Market Cap 3.2T INR
Gross Margin
30%
Country JP
Market Cap 5.1T JPY
Gross Margin
32%
Country FR
Market Cap 26.8B EUR
Gross Margin
27%
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Ecit AS
Glance View

Market Cap
3.5B NOK
Industry
Technology

ECIT AS engages in the provision of information technology and finance solutions. The company is headquartered in Fornebu, Akershus and currently employs 2,371 full-time employees. The company went IPO on 2021-05-20. The Company’s 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 customers’ 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 firm operates in Norway, Denmark, Sweden, Finland, Lithuania, Poland, Germany, Serbia and the United Kingdom.

ECIT Intrinsic Value
12.87 NOK
Undervaluation 23%
Intrinsic Value
Price
E

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
80.9%
=
Gross Profit
2.9B
/
Revenue
3.6B
What is the Gross Margin of Ecit AS?

Based on Ecit AS's most recent financial statements, the company has Gross Margin of 80.9%.