MEDEQ GROUP AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

0,75

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 891 000	9 017 000	6 701 000	4 665 000
Net Income	30 000	1 230 000	303 000	−449 000
Total Assets	3 766 000	3 661 000	2 371 000	2 025 000
Total Equity	780 000	750 000	−480 000	−592 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 891 000	9 017 000	6 701 000	4 665 000
Expenditure	9 886 000	7 395 000	6 555 000	5 238 000
Operating Profit	4 000	1 623 000	146 000	−572 000
Financial Income	51 000	7 000	36 000	62 000
Financial Costs	29 000	42 000	38 000	17 000
Financial Balance	22 000	−35 000	−2 000	45 000
Earnings Before Tax	26 000	1 588 000	144 000	−527 000
Tax	−5 000	358 000	−159 000	−78 000
Net Income	30 000	1 230 000	303 000	−449 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 518 000	1 274 000	603 000	236 000
Total Current Assets	2 248 000	2 387 000	1 767 000	1 789 000
Total Assets	3 766 000	3 661 000	2 371 000	2 025 000
Total Retained Equity	750 000	720 000	−510 000	−622 000
Total Equity	780 000	750 000	−480 000	−592 000
Total Long-Term Debt	0	0	722 000	722 000
Total Current Debt	2 985 000	2 911 000	2 128 000	1 894 000
Total Equity and Debt	3 766 000	3 661 000	2 371 000	2 025 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 891 000	9 017 000	6 701 000	4 665 000
Other Income	0	0	0	0
Revenue	9 891 000	9 017 000	6 701 000	4 665 000
Cost of Goods Sold	6 503 000	4 879 000	4 780 000	3 274 000
Salary Costs	1 506 000	1 052 000	708 000	559 000
Depreciation	8 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	9 886 000	7 395 000	6 555 000	5 238 000
Operating Profit	4 000	1 623 000	146 000	−572 000
Financial Income	51 000	7 000	36 000	62 000
Financial Costs	29 000	42 000	38 000	17 000
Financial Balance	22 000	−35 000	−2 000	45 000
Dividends	0	0	0	0
Net Income	30 000	1 230 000	303 000	−449 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	34 000	43 000	152 000	183 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	4 000	10 000	15 000
Total Tangible Assets	27 000	4 000	10 000	15 000
Total Fiancial Fixed Assets	1 457 000	1 226 000	442 000	37 000
Total Fixed Assets	1 518 000	1 274 000	603 000	236 000
Stock	397 000	264 000	413 000	413 000
Total Investments	0	0	0	0
Cash, Bank	395 000	370 000	653 000	510 000
Total Current Assets	2 248 000	2 387 000	1 767 000	1 789 000
Total Assets	3 766 000	3 661 000	2 371 000	2 025 000
Total Equity	780 000	750 000	−480 000	−592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	722 000	722 000
Creditors	2 146 000	1 121 000	1 609 000	1 223 000
Unpaid Taxes	487 000	1 413 000	499 000	441 000
Dividends	0	0	0	0
Other Current Debt	120 000	128 000	20 000	229 000
Total Current Debt	2 985 000	2 911 000	2 128 000	1 894 000
Total Equity and Debt	3 766 000	3 661 000	2 371 000	2 025 000

Financial indicators	2021	2020	2019	2018
Return on Equity	3,85 %	164 %	−63,13 %	75,84 %
Debt-to-Equity Ratio	0	0	−1,5	−1,22
Operating Profit Margin	0,04 %	18 %	2,18 %	−12,26 %
Current Ratio	0,75	0,82	0,83	0,94
Quick Ratio	0,87	0,9	1,03	1,21
Equity Ratio	0,21	0,2	−0,2	−0,29
Gross Profit Margin	34,25 %	45,89 %	28,67 %	29,82 %