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2021-05-25 09:50:24
EQOLOGY had a turnover of 266,9 MNOK (191,5 MNOK) in the year of 2020 which was a growth of
+ 39,4 % in turnover. The turnover was all time high for the company. The growth is due to very good development in our key European markets and growth in new opened European markets. Focus has been to grow the company further within the European Union and the company is now present in 24 European markets.
The company achieved an EBITDA of 14,1 MNOK, which was a strong turnaround from 2019
(- 4,7 MNOK EBITDA in 2019). EBIT was 13,3 MNOK (-5,5 MNOK in 2019).
General assembly will be held 17th of June 15-16 and notification and agenda will be distributed later.
The annual report 2020 is attached.
For questions, contact:
Roar Arnstad
CEO
E-mail: roar.arnstad@eqology.no
Christian Espeseth
Chairman of the board