Business News

eZ Systems went profitable in 2008

Tuesday 31. March 2009 - After several year with losses eZ Systems earned money last year.

The annual report for 2008 shows a profit before tax of 337 thousand NOK. This is an improvement of 25 Million NOK from 2007.

Revenue for 2008 was 35,9 Million NOK (26,9 Million NOK in 2007) + 33 % for the group. The mother company eZ Systems AS had a revenue of 25 Million NOK (16,9 million NOK in 2007) and got a profit before taxes 1,4 Million NOK (-25,5 Million NOK in 2007).

The significant improvements are in Germany and Norway. The improvement is a result of increasing revenue and cost reductions within the effort of focus according to plans for the year.