TESTMED AS

1166 OSLO

Finances

Return on Equity

36,33 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 953 000	1 529 000	728 000	0
Net Income	198 000	211 000	294 000	0
Total Assets	946 000	670 000	472 000	30 000
Total Equity	545 000	529 000	318 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 953 000	1 529 000	728 000
Expenditure	1 699 000	1 254 000	347 000
Operating Profit	255 000	274 000	381 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	254 000	274 000	381 000
Tax	56 000	63 000	87 000
Net Income	198 000	211 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	289 000	180 000	30 000
Total Current Assets	657 000	381 000	292 000	0
Total Assets	946 000	670 000	472 000	30 000
Total Retained Equity	520 000	505 000	294 000	0
Total Equity	545 000	529 000	318 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	402 000	141 000	154 000	6 000
Total Equity and Debt	946 000	670 000	472 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 953 000	1 529 000	728 000
Other Income	0	0	0
Revenue	1 953 000	1 529 000	728 000
Cost of Goods Sold	1 040 000	744 000	85 000
Salary Costs	0	8 000	3 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 699 000	1 254 000	347 000
Operating Profit	255 000	274 000	381 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	182 000	0	0
Net Income	198 000	211 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	289 000	289 000	180 000	30 000
Total Fixed Assets	289 000	289 000	180 000	30 000
Stock	0	0	0	0
Total Investments	123 000	123 000	103 000	0
Cash, Bank	29 000	72 000	46 000	0
Total Current Assets	657 000	381 000	292 000	0
Total Assets	946 000	670 000	472 000	30 000
Total Equity	545 000	529 000	318 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	6 000
Unpaid Taxes	153 000	68 000	66 000	0
Dividends	182 000	0	0	0
Other Current Debt	10 000	10 000	0	0
Total Current Debt	402 000	141 000	154 000	6 000
Total Equity and Debt	946 000	670 000	472 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,33 %	39,89 %	92,45 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,06 %	17,92 %	52,34 %	-
Current Ratio	1,63	2,7	1,9	0
Quick Ratio	1,63	2,7	1,9	0
Equity Ratio	0,58	0,79	0,67	0,8
Gross Profit Margin	46,75 %	51,34 %	88,32 %	-