MEDICE NORDIC NORWAY AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

20,59 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 464 000	8 098 000	7 648 000	8 118 000
Net Income	330 000	369 000	283 000	285 000
Total Assets	4 003 000	3 602 000	3 319 000	2 612 000
Total Equity	1 603 000	1 272 000	904 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 464 000	8 098 000	7 648 000	8 118 000
Expenditure	9 023 000	7 626 000	7 279 000	7 743 000
Operating Profit	441 000	472 000	369 000	375 000
Financial Income	11 000	4 000	4 000	2 000
Financial Costs	15 000	3 000	10 000	11 000
Financial Balance	−4 000	1 000	−6 000	−9 000
Earnings Before Tax	437 000	474 000	363 000	366 000
Tax	107 000	105 000	80 000	81 000
Net Income	330 000	369 000	283 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	31 000	27 000	39 000
Total Current Assets	3 981 000	3 571 000	3 292 000	2 573 000
Total Assets	4 003 000	3 602 000	3 319 000	2 612 000
Total Retained Equity	1 583 000	1 252 000	884 000	600 000
Total Equity	1 603 000	1 272 000	904 000	620 000
Total Long-Term Debt	1 000	1 000	2 000	2 000
Total Current Debt	2 399 000	2 329 000	2 414 000	1 989 000
Total Equity and Debt	4 003 000	3 602 000	3 319 000	2 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 464 000	8 098 000	7 648 000	8 118 000
Other Income	0	0	0	0
Revenue	9 464 000	8 098 000	7 648 000	8 118 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 427 000	4 856 000	4 241 000	3 933 000
Depreciation	9 000	13 000	12 000	1 000
Impairment	0	0	0	0
Expenditure	9 023 000	7 626 000	7 279 000	7 743 000
Operating Profit	441 000	472 000	369 000	375 000
Financial Income	11 000	4 000	4 000	2 000
Financial Costs	15 000	3 000	10 000	11 000
Financial Balance	−4 000	1 000	−6 000	−9 000
Dividends	0	0	0	0
Net Income	330 000	369 000	283 000	285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	31 000	27 000	39 000
Total Tangible Assets	22 000	31 000	27 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	31 000	27 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 929 000	2 665 000	2 191 000	891 000
Total Current Assets	3 981 000	3 571 000	3 292 000	2 573 000
Total Assets	4 003 000	3 602 000	3 319 000	2 612 000
Total Equity	1 603 000	1 272 000	904 000	620 000
Short-Term Group Debt	278 000	278 000	278 000	278 000
Total Long-Term Debt	1 000	1 000	2 000	2 000
Creditors	284 000	302 000	532 000	217 000
Unpaid Taxes	292 000	300 000	275 000	251 000
Dividends	0	0	0	0
Other Current Debt	1 439 000	1 344 000	1 249 000	1 165 000
Total Current Debt	2 399 000	2 329 000	2 414 000	1 989 000
Total Equity and Debt	4 003 000	3 602 000	3 319 000	2 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,59 %	29,01 %	31,31 %	45,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,66 %	5,83 %	4,82 %	4,62 %
Current Ratio	1,66	1,53	1,36	1,29
Quick Ratio	1,66	1,53	1,36	1,29
Equity Ratio	0,4	0,35	0,27	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %