CARDIOMECH AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

−10,64 %

Current Ratio

4,46

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 326 000	−6 581 000	−18 698 000	−13 825 000
Total Assets	184 320 000	132 794 000	140 261 000	59 937 000
Total Equity	115 849 000	128 175 000	134 756 000	−14 912 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	9 994 000	7 022 000	16 354 000	13 726 000
Operating Profit	−9 994 000	−7 022 000	−16 353 000	−13 725 000
Financial Income	11 833 000	5 561 000	23 592 000	5 833 000
Financial Costs	14 165 000	5 120 000	25 936 000	5 932 000
Financial Balance	−2 332 000	441 000	−2 344 000	−99 000
Earnings Before Tax	−12 326 000	−6 581 000	−18 698 000	−13 825 000
Tax	0	0	0	0
Net Income	−12 326 000	−6 581 000	−18 698 000	−13 825 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 681 000	102 560 000	74 842 000	27 559 000
Total Current Assets	44 639 000	30 233 000	65 418 000	32 378 000
Total Assets	184 320 000	132 794 000	140 261 000	59 937 000
Total Retained Equity	0	−40 902 000	−34 321 000	−15 623 000
Total Equity	115 849 000	128 175 000	134 756 000	−14 912 000
Total Long-Term Debt	58 458 000	0	0	66 072 000
Total Current Debt	10 013 000	4 618 000	5 504 000	8 777 000
Total Equity and Debt	184 320 000	132 794 000	140 261 000	59 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 031 000	5 780 000	5 967 000	5 585 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 994 000	7 022 000	16 354 000	13 726 000
Operating Profit	−9 994 000	−7 022 000	−16 353 000	−13 725 000
Financial Income	11 833 000	5 561 000	23 592 000	5 833 000
Financial Costs	14 165 000	5 120 000	25 936 000	5 932 000
Financial Balance	−2 332 000	441 000	−2 344 000	−99 000
Dividends	0	0	0	0
Net Income	−12 326 000	−6 581 000	−18 698 000	−13 825 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	139 443 000	101 624 000	71 750 000	27 146 000
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	238 000	937 000	3 092 000	413 000
Total Fixed Assets	139 681 000	102 560 000	74 842 000	27 559 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 372 000	25 281 000	60 600 000	26 037 000
Total Current Assets	44 639 000	30 233 000	65 418 000	32 378 000
Total Assets	184 320 000	132 794 000	140 261 000	59 937 000
Total Equity	115 849 000	128 175 000	134 756 000	−14 912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 458 000	0	0	66 072 000
Creditors	2 142 000	1 257 000	2 909 000	4 192 000
Unpaid Taxes	580 000	587 000	455 000	1 380 000
Dividends	0	0	0	0
Other Current Debt	7 292 000	2 774 000	2 141 000	3 205 000
Total Current Debt	10 013 000	4 618 000	5 504 000	8 777 000
Total Equity and Debt	184 320 000	132 794 000	140 261 000	59 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,64 %	−5,13 %	−13,88 %	92,71 %
Debt-to-Equity Ratio	0,5	0	0	−4,43
Operating Profit Margin	-	-	-	-
Current Ratio	4,46	6,55	11,89	3,69
Quick Ratio	4,46	6,55	11,89	3,69
Equity Ratio	0,63	0,97	0,96	−0,25
Gross Profit Margin	-	-	-	-