Evidi Communicate AS

ASDissolved

Org 980719766Torget 5, 1767 HaldenKonsulentvirksomhet tilknyttet informasjonsteknologi· NACE 62020Est. 1999 · 27 years old98 employeeshttps://www.communicate.no

Overview

Evidi Communicate AS is a Norwegian AS based in Halden, operating in the Konsulentvirksomhet tilknyttet informasjonsteknologi sector. Incorporated in 1999, the company has 98 employees and reported revenue of NOK 142.0m in its latest annual filing.

Revenue 2022

142M NOK

+12% vs 2021

EBITDA margin

16.2 %

+233% vs 2021

Net profit 2022

16.7M NOK

+347% vs 2021

Key ratios

See full ratios →

15.8 %

Weak

Among the 30% lowest rated companies in the industry

20182022

1.0×

Weak

Among the 40% lowest rated companies in the industry

20182022

26.6 %

Very strong

Among the 20% highest rated companies in the industry

20182022

EBITDA — year on year

NOK millions

Key figures

Annual report 2022

Revenue	142M NOK	+12%
EBITDA	22.9M NOK	+233%
Net profit	16.7M NOK	+347%
Total assets	62.7M NOK	+56%
Equity	9.9M NOK	-17%
Employees	98	—

Contact

Address

Torget 5, 1767 Halden

Phone

+47 90 21 18 00

info@communicate.no

Website

https://www.communicate.no

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Financial development

In its most recent annual report (2022), Evidi Communicate AS reported revenue of NOK 142.0m, an increase of 12% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of NOK 16.7m, and the EBITDA margin stood at 16.2%.

At the end of 2022, equity financed 15.8% of the balance sheet, and current assets covered short-term debt 1 times.

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2022	2021	2020	2019	2018
Revenue	142,020	127,161	125,009	115,149	102,431
Staff expenses	-101,798	-100,011	-93,958	-84,485	-75,349
EBITDA	22,943	6,888	10,711	6,888	6,068
Depreciation & amort.	-1,980	-1,548	-1,428	-1,670	-1,438
EBIT	20,963	5,339	9,283	5,218	4,630
Net financials	422	-533	876	296	275
Profit before tax	21,385	4,806	10,158	5,514	4,905
Tax	4,715	1,073	1,939	1,240	1,161
Net profit	16,670	3,733	8,219	4,274	3,744

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Balance sheet

NOK thousands

Item	2022	2021	2020	2019	2018
Total assets	62,720	40,139	102,920	50,426	44,725
Equity	9,902	11,926	27,572	22,511	20,353
Long-term debt	0	555	44,427	999	0
Short-term debt	52,818	27,658	30,921	26,916	24,371
Total debt	52,818	28,213	75,348	27,915	24,371

Financial ratios

5-year trend

EBITDA margin

16.2 %

20182022

Equity ratio

15.8 %

Weak

Among the 30% lowest rated companies in the industry

20182022

Return on equity

168.3 %

Very strong

Among the 10% highest rated companies in the industry

20182022

Net profit margin

11.7 %

Strong

Among the 40% highest rated companies in the industry

20182022

Asset turnover

2.26×

Very strong

Among the 20% highest rated companies in the industry

20182022

Debt / equity

5.33×

Very weak

Among the 20% lowest rated companies in the industry

20182022

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 40% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginStrong

Among the 40% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 40% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 40% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Evidi Communicate AS?

Evidi Communicate AS is registered with Brønnøysundsregistrene under Org 980719766.

What is the revenue of Evidi Communicate AS?

Evidi Communicate AS reported revenue of NOK 142.0m in 2022.

How many employees does Evidi Communicate AS have?

Evidi Communicate AS employs 98 people as of the latest annual report.

Where is Evidi Communicate AS headquartered?

Evidi Communicate AS's registered address is Torget 5.