ICARE MEDICAL AS

3732 SKIEN

Finances

Share Ownership

Return on Equity

30,07 %

Current Ratio

4,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 870 000	14 739 000	16 893 000	10 189 000
Net Income	1 901 000	3 824 000	1 919 000	1 391 000
Total Assets	8 046 000	8 088 000	6 741 000	5 480 000
Total Equity	6 322 000	4 421 000	3 297 000	2 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 870 000	14 739 000	16 893 000	10 189 000
Expenditure	10 630 000	10 202 000	14 355 000	8 410 000
Operating Profit	2 239 000	4 537 000	2 538 000	1 780 000
Financial Income	311 000	381 000	77 000	32 000
Financial Costs	74 000	13 000	154 000	27 000
Financial Balance	237 000	368 000	−77 000	5 000
Earnings Before Tax	2 476 000	4 905 000	2 461 000	1 785 000
Tax	574 000	1 082 000	541 000	394 000
Net Income	1 901 000	3 824 000	1 919 000	1 391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	55 000	128 000	0
Total Current Assets	8 007 000	8 033 000	6 613 000	5 480 000
Total Assets	8 046 000	8 088 000	6 741 000	5 480 000
Total Retained Equity	5 752 000	3 851 000	2 727 000	2 308 000
Total Equity	6 322 000	4 421 000	3 297 000	2 878 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 723 000	3 667 000	3 444 000	2 602 000
Total Equity and Debt	8 046 000	8 088 000	6 741 000	5 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 414 000	15 191 000	16 868 000	10 189 000
Other Income	456 000	−452 000	25 000	0
Revenue	12 870 000	14 739 000	16 893 000	10 189 000
Cost of Goods Sold	7 605 000	7 140 000	10 743 000	6 456 000
Salary Costs	1 448 000	1 787 000	2 177 000	1 219 000
Depreciation	16 000	16 000	9 000	0
Impairment	0	0	0	0
Expenditure	10 630 000	10 202 000	14 355 000	8 410 000
Operating Profit	2 239 000	4 537 000	2 538 000	1 780 000
Financial Income	311 000	381 000	77 000	32 000
Financial Costs	74 000	13 000	154 000	27 000
Financial Balance	237 000	368 000	−77 000	5 000
Dividends	0	0	0	0
Net Income	1 901 000	3 824 000	1 919 000	1 391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	55 000	128 000	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	0	0	0	0
Total Fixed Assets	39 000	55 000	128 000	0
Stock	418 000	531 000	467 000	409 000
Total Investments	100 000	100 000	100 000	0
Cash, Bank	4 196 000	3 525 000	3 767 000	4 079 000
Total Current Assets	8 007 000	8 033 000	6 613 000	5 480 000
Total Assets	8 046 000	8 088 000	6 741 000	5 480 000
Total Equity	6 322 000	4 421 000	3 297 000	2 878 000
Short-Term Group Debt	0	0	0	100 000
Total Long-Term Debt	0	0	0	0
Creditors	644 000	707 000	1 054 000	933 000
Unpaid Taxes	365 000	1 330 000	880 000	1 052 000
Dividends	0	0	0	0
Other Current Debt	140 000	606 000	911 000	146 000
Total Current Debt	1 723 000	3 667 000	3 444 000	2 602 000
Total Equity and Debt	8 046 000	8 088 000	6 741 000	5 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,07 %	86,5 %	58,2 %	48,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,4 %	30,78 %	15,02 %	17,47 %
Current Ratio	4,65	2,19	1,92	2,11
Quick Ratio	6,14	2,56	2,22	2,5
Equity Ratio	0,79	0,55	0,49	0,53
Gross Profit Margin	40,91 %	51,56 %	36,41 %	36,64 %