MERIT MEDICAL NORWAY AS

0257 OSLO

Finances

Share Ownership

Return on Equity

31,04 %

Current Ratio

3,66

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 503 000	24 693 000	20 995 000	19 168 000
Net Income	1 346 000	998 000	265 000	632 000
Total Assets	8 860 000	7 841 000	6 544 000	7 323 000
Total Equity	4 336 000	2 989 000	1 991 000	1 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 503 000	24 693 000	20 995 000	19 168 000
Expenditure	27 858 000	23 734 000	20 065 000	18 476 000
Operating Profit	1 645 000	959 000	930 000	691 000
Financial Income	91 000	521 000	7 000	119 000
Financial Costs	9 000	199 000	654 000	0
Financial Balance	82 000	322 000	−647 000	119 000
Earnings Before Tax	1 727 000	1 280 000	284 000	810 000
Tax	381 000	282 000	19 000	179 000
Net Income	1 346 000	998 000	265 000	632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	22 000	30 000	79 000
Total Current Assets	8 827 000	7 819 000	6 514 000	7 244 000
Total Assets	8 860 000	7 841 000	6 544 000	7 323 000
Total Retained Equity	4 236 000	2 889 000	1 891 000	1 626 000
Total Equity	4 336 000	2 989 000	1 991 000	1 726 000
Total Long-Term Debt	2 111 000	2 688 000	1 747 000	3 036 000
Total Current Debt	2 413 000	2 163 000	2 806 000	2 561 000
Total Equity and Debt	8 860 000	7 841 000	6 544 000	7 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 503 000	24 693 000	20 995 000	19 168 000
Other Income	0	0	0	0
Revenue	29 503 000	24 693 000	20 995 000	19 168 000
Cost of Goods Sold	23 279 000	18 535 000	14 566 000	13 589 000
Salary Costs	2 941 000	4 000 000	4 056 000	3 365 000
Depreciation	6 000	11 000	15 000	8 000
Impairment	0	0	0	0
Expenditure	27 858 000	23 734 000	20 065 000	18 476 000
Operating Profit	1 645 000	959 000	930 000	691 000
Financial Income	91 000	521 000	7 000	119 000
Financial Costs	9 000	199 000	654 000	0
Financial Balance	82 000	322 000	−647 000	119 000
Dividends	0	0	0	0
Net Income	1 346 000	998 000	265 000	632 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	16 000	14 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	6 000	16 000	31 000
Total Tangible Assets	14 000	6 000	16 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	22 000	30 000	79 000
Stock	102 000	54 000	100 000	85 000
Total Investments	0	0	0	0
Cash, Bank	3 474 000	3 110 000	1 741 000	1 578 000
Total Current Assets	8 827 000	7 819 000	6 514 000	7 244 000
Total Assets	8 860 000	7 841 000	6 544 000	7 323 000
Total Equity	4 336 000	2 989 000	1 991 000	1 726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 111 000	2 688 000	1 747 000	3 036 000
Creditors	209 000	174 000	155 000	14 000
Unpaid Taxes	1 548 000	1 376 000	1 276 000	999 000
Dividends	0	0	0	0
Other Current Debt	273 000	329 000	1 346 000	1 350 000
Total Current Debt	2 413 000	2 163 000	2 806 000	2 561 000
Total Equity and Debt	8 860 000	7 841 000	6 544 000	7 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,04 %	33,39 %	13,31 %	36,62 %
Debt-to-Equity Ratio	0,49	0,9	0,88	1,76
Operating Profit Margin	5,58 %	3,88 %	4,43 %	3,6 %
Current Ratio	3,66	3,61	2,32	2,83
Quick Ratio	3,82	3,71	2,41	2,93
Equity Ratio	0,49	0,38	0,3	0,24
Gross Profit Margin	21,1 %	24,94 %	30,62 %	29,11 %