MED-EL NORDIC AS

0161 OSLO

Finances

Share Ownership

Return on Equity

25,55 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 073 000	13 747 000	11 503 000	14 548 000
Net Income	351 000	360 000	711 000	−116 000
Total Assets	9 051 000	7 685 000	6 372 000	7 173 000
Total Equity	1 374 000	1 022 000	662 000	−49 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 073 000	13 747 000	11 503 000	14 548 000
Expenditure	16 518 000	13 280 000	10 587 000	14 668 000
Operating Profit	556 000	467 000	916 000	−121 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	2 000	7 000	1 000	2 000
Financial Balance	1 000	−5 000	1 000	−1 000
Earnings Before Tax	557 000	462 000	918 000	−121 000
Tax	206 000	102 000	207 000	−6 000
Net Income	351 000	360 000	711 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	396 000	511 000	355 000
Total Current Assets	8 738 000	7 288 000	5 862 000	6 818 000
Total Assets	9 051 000	7 685 000	6 372 000	7 173 000
Total Retained Equity	1 344 000	992 000	632 000	−79 000
Total Equity	1 374 000	1 022 000	662 000	−49 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 678 000	6 662 000	5 711 000	7 222 000
Total Equity and Debt	9 051 000	7 685 000	6 372 000	7 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 073 000	13 688 000	11 428 000	14 548 000
Other Income	2 000 000	58 000	75 000	0
Revenue	17 073 000	13 747 000	11 503 000	14 548 000
Cost of Goods Sold	9 903 000	9 341 000	6 804 000	10 972 000
Salary Costs	2 160 000	1 675 000	1 625 000	1 780 000
Depreciation	144 000	136 000	38 000	10 000
Impairment	0	0	0	0
Expenditure	16 518 000	13 280 000	10 587 000	14 668 000
Operating Profit	556 000	467 000	916 000	−121 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	2 000	7 000	1 000	2 000
Financial Balance	1 000	−5 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	351 000	360 000	711 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	179 000	251 000	417 000	258 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	51 000	0	5 000
Total Tangible Assets	40 000	51 000	0	5 000
Total Fiancial Fixed Assets	95 000	95 000	93 000	91 000
Total Fixed Assets	313 000	396 000	511 000	355 000
Stock	4 550 000	3 224 000	4 180 000	1 863 000
Total Investments	0	0	0	0
Cash, Bank	960 000	1 807 000	373 000	1 355 000
Total Current Assets	8 738 000	7 288 000	5 862 000	6 818 000
Total Assets	9 051 000	7 685 000	6 372 000	7 173 000
Total Equity	1 374 000	1 022 000	662 000	−49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 159 000	5 638 000	5 387 000	5 512 000
Unpaid Taxes	1 051 000	798 000	176 000	1 316 000
Dividends	0	0	0	0
Other Current Debt	201 000	158 000	148 000	395 000
Total Current Debt	7 678 000	6 662 000	5 711 000	7 222 000
Total Equity and Debt	9 051 000	7 685 000	6 372 000	7 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,55 %	35,23 %	107,4 %	236,73 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	3,26 %	3,4 %	7,96 %	−0,83 %
Current Ratio	1,14	1,09	1,03	0,94
Quick Ratio	2,79	2,12	3,83	1,27
Equity Ratio	0,15	0,13	0,1	−0,01
Gross Profit Margin	42 %	32,05 %	40,85 %	24,58 %