MEDTEK AS

7725 STEINKJER

Finances

Return on Equity

17,47 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 786 000	8 389 000	9 201 000	7 847 000
Net Income	537 000	160 000	774 000	−370 000
Total Assets	5 089 000	4 783 000	4 993 000	3 807 000
Total Equity	3 073 000	2 836 000	3 326 000	2 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 786 000	8 389 000	9 201 000	7 847 000
Expenditure	8 104 000	8 189 000	8 217 000	8 332 000
Operating Profit	681 000	201 000	984 000	−485 000
Financial Income	8 000	4 000	8 000	11 000
Financial Costs	1 000	0	0	0
Financial Balance	7 000	4 000	8 000	11 000
Earnings Before Tax	688 000	205 000	992 000	−473 000
Tax	151 000	45 000	218 000	−103 000
Net Income	537 000	160 000	774 000	−370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	401 000	425 000	500 000	140 000
Total Current Assets	4 688 000	4 358 000	4 493 000	3 667 000
Total Assets	5 089 000	4 783 000	4 993 000	3 807 000
Total Retained Equity	3 531 000	3 295 000	3 135 000	2 361 000
Total Equity	3 073 000	2 836 000	3 326 000	2 553 000
Total Long-Term Debt	15 000	10 000	14 000	0
Total Current Debt	2 001 000	1 937 000	1 653 000	1 254 000
Total Equity and Debt	5 089 000	4 783 000	4 993 000	3 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 731 000	8 389 000	9 201 000	7 847 000
Other Income	55 000	0	0	0
Revenue	8 786 000	8 389 000	9 201 000	7 847 000
Cost of Goods Sold	213 000	283 000	669 000	34 000
Salary Costs	5 417 000	5 595 000	5 227 000	6 282 000
Depreciation	132 000	126 000	91 000	22 000
Impairment	0	0	0	0
Expenditure	8 104 000	8 189 000	8 217 000	8 332 000
Operating Profit	681 000	201 000	984 000	−485 000
Financial Income	8 000	4 000	8 000	11 000
Financial Costs	1 000	0	0	0
Financial Balance	7 000	4 000	8 000	11 000
Dividends	300 000	0	0	0
Net Income	537 000	160 000	774 000	−370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	43 000	0	96 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	368 000	381 000	500 000	37 000
Total Tangible Assets	368 000	381 000	500 000	37 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	401 000	425 000	500 000	140 000
Stock	175 000	220 000	199 000	53 000
Total Investments	0	0	0	0
Cash, Bank	3 179 000	2 850 000	2 939 000	2 463 000
Total Current Assets	4 688 000	4 358 000	4 493 000	3 667 000
Total Assets	5 089 000	4 783 000	4 993 000	3 807 000
Total Equity	3 073 000	2 836 000	3 326 000	2 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	10 000	14 000	0
Creditors	273 000	397 000	274 000	150 000
Unpaid Taxes	758 000	948 000	711 000	536 000
Dividends	300 000	0	0	0
Other Current Debt	524 000	542 000	560 000	568 000
Total Current Debt	2 001 000	1 937 000	1 653 000	1 254 000
Total Equity and Debt	5 089 000	4 783 000	4 993 000	3 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,47 %	5,64 %	23,27 %	−14,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,75 %	2,4 %	10,69 %	−6,18 %
Current Ratio	2,34	2,25	2,72	2,92
Quick Ratio	2,57	2,54	3,09	3,05
Equity Ratio	0,6	0,59	0,67	0,67
Gross Profit Margin	97,58 %	96,63 %	92,73 %	99,57 %