MEDICUM UTVIKLING AS

9513 ALTA

Finances

Share Ownership

Return on Equity

−4,75 %

Current Ratio

19,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	158 000	320 000	2 049 000	0
Net Income	−62 000	−11 000	1 337 000	−1 136 000
Total Assets	1 375 000	1 530 000	1 585 000	1 639 000
Total Equity	1 306 000	1 368 000	1 379 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	158 000	320 000	2 049 000	0
Expenditure	221 000	325 000	338 000	1 459 000
Operating Profit	−63 000	−4 000	1 711 000	−1 460 000
Financial Income	1 000	0	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	3 000	4 000
Earnings Before Tax	−62 000	−4 000	1 713 000	−1 457 000
Tax	0	7 000	377 000	−320 000
Net Income	−62 000	−11 000	1 337 000	−1 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	30 000	372 000
Total Current Assets	1 375 000	1 530 000	1 556 000	1 267 000
Total Assets	1 375 000	1 530 000	1 585 000	1 639 000
Total Retained Equity	1 276 000	1 338 000	1 349 000	13 000
Total Equity	1 306 000	1 368 000	1 379 000	43 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	69 000	162 000	206 000	1 596 000
Total Equity and Debt	1 375 000	1 530 000	1 585 000	1 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 000	320 000	2 049 000	0
Other Income	0	0	0	0
Revenue	158 000	320 000	2 049 000	0
Cost of Goods Sold	0	0	0	1 244 000
Salary Costs	107 000	208 000	180 000	135 000
Depreciation	0	26 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	221 000	325 000	338 000	1 459 000
Operating Profit	−63 000	−4 000	1 711 000	−1 460 000
Financial Income	1 000	0	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	3 000	4 000
Dividends	0	0	0	0
Net Income	−62 000	−11 000	1 337 000	−1 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	317 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	26 000	54 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	26 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	30 000	372 000
Stock	0	0	0	300 000
Total Investments	799 000	0	0	0
Cash, Bank	577 000	1 530 000	1 556 000	967 000
Total Current Assets	1 375 000	1 530 000	1 556 000	1 267 000
Total Assets	1 375 000	1 530 000	1 585 000	1 639 000
Total Equity	1 306 000	1 368 000	1 379 000	43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	134 000
Unpaid Taxes	9 000	29 000	61 000	0
Dividends	0	0	0	0
Other Current Debt	60 000	130 000	82 000	1 462 000
Total Current Debt	69 000	162 000	206 000	1 596 000
Total Equity and Debt	1 375 000	1 530 000	1 585 000	1 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,75 %	−0,8 %	96,95 %	−2 641,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−39,87 %	−1,25 %	83,5 %	-
Current Ratio	19,93	9,44	7,55	0,79
Quick Ratio	19,93	9,44	7,55	0,98
Equity Ratio	0,95	0,89	0,87	0,03
Gross Profit Margin	100 %	100 %	100 %	-