Easypark AS achieved a 46% revenue growth from 2006 to 2007 and a total 2007 revenue of NOK 44,3 million. Profit before tax ended at NOK 4,1 million. The strong results are due to successful organic expansion in the Nordic market, where the company is the clear market leader in all four countries. In addition the company is investing into the expansion in Germany. Contracts with several new German cities have been signed during 2007.
At the annual shareholders' meeting, Michael Fiorini was elected as the new chairman of the board replacing Stein Annexstad. Mr Fiorini is a Danish citizen and he has had a number of central business positions in Denmark and internationally, including CFO of A.P. Møller, CEO of Det Østasiatiske Kompagni and the chaiman of Danske Vækstfonden.