)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
ECIT
ECIT (ECIT) investor relations material
ECIT has been delisted
ECIT Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary17 Jun, 2025
Executive summary
2024 saw satisfactory performance across most financial metrics, with revenue of NOK 3.8 billion, up 11.5% year-over-year, and EBITDA of NOK 562 million at a 14.7% margin, slightly higher than last year. Major events included the acquisition by TowerBrook Capital Partners and Long Path Partners, delisting from Euronext Growth, and the establishment of ECIT TopCo AS as the new parent company in November 2024.
Nine acquisitions were completed, including the largest to date, Qlosr Group, strengthening managed services and IT supply in Sweden. Free cash flow increased by nearly 23% to NOK 354 million.
The group operates in 10 countries with over 2,700 employees and continues to focus on M&A-driven growth, integration, and sustainability initiatives.
Financial highlights
Full-year revenue reached NOK 3.8 billion, up 11.5% year-over-year, with 3.5% organic growth.
EBITDA was NOK 562 million, margin 14.7%, driven by cost-saving programs.
Adjusted profit for 2024 was NOK 190 million, up nearly 3% year-over-year.
Free cash flow was NOK 354 million, up 23% year-over-year.
Net interest-bearing debt (excl. leases) at year-end was NOK 678 million; financial gearing ratio at 1.45x.
Outlook and guidance
Focus for 2025 is on improving profitability, disciplined cost management, and operational efficiency.
Continued M&A activity expected, with several acquisitions already completed in early 2025.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
ECIT
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
ECIT AS is a Norway-based company that offers a broad range of services across three main divisions: Information Technology (IT), Finance & Accounting (F&A), and Technology solutions. The company's IT services include managed services, cloud solutions, and IT consulting, focusing on improving clients' operational efficiency. In the F&A sector, ECIT provides accounting, payroll, management consulting, HR services, and financial reporting. Its technology division develops software applications, particularly for financial and accounting automation. The company is headquartered in Fornebu, Norway, and its shares are listed on the Oslo Stock Exchange.