NORWAY MEDICAL AS

7059 JAKOBSLI

Finances

Return on Equity

8,89 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	1 021 000	1 551 000	1 850 000
Net Income	259 000	593 000	414 000	482 000
Total Assets	2 944 000	2 842 000	2 389 000	2 021 000
Total Equity	2 913 000	2 653 000	2 060 000	1 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	1 021 000	1 551 000	1 850 000
Expenditure	305 000	550 000	903 000	1 192 000
Operating Profit	−296 000	470 000	648 000	658 000
Financial Income	657 000	229 000	86 000	15 000
Financial Costs	101 000	0	175 000	47 000
Financial Balance	556 000	229 000	−89 000	−32 000
Earnings Before Tax	259 000	699 000	559 000	627 000
Tax	0	106 000	145 000	145 000
Net Income	259 000	593 000	414 000	482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 944 000	2 842 000	2 389 000	2 021 000
Total Assets	2 944 000	2 842 000	2 389 000	2 021 000
Total Retained Equity	2 818 000	2 559 000	1 966 000	1 385 000
Total Equity	2 913 000	2 653 000	2 060 000	1 479 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	32 000	188 000	329 000	542 000
Total Equity and Debt	2 944 000	2 842 000	2 389 000	2 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	1 021 000	1 551 000	1 850 000
Other Income	0	0	0	0
Revenue	9 000	1 021 000	1 551 000	1 850 000
Cost of Goods Sold	0	0	0	0
Salary Costs	249 000	324 000	638 000	829 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	305 000	550 000	903 000	1 192 000
Operating Profit	−296 000	470 000	648 000	658 000
Financial Income	657 000	229 000	86 000	15 000
Financial Costs	101 000	0	175 000	47 000
Financial Balance	556 000	229 000	−89 000	−32 000
Dividends	0	0	0	0
Net Income	259 000	593 000	414 000	482 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 926 000	2 146 000	1 367 000	677 000
Cash, Bank	1 016 000	586 000	912 000	981 000
Total Current Assets	2 944 000	2 842 000	2 389 000	2 021 000
Total Assets	2 944 000	2 842 000	2 389 000	2 021 000
Total Equity	2 913 000	2 653 000	2 060 000	1 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	3 000	33 000	112 000	152 000
Dividends	0	0	0	0
Other Current Debt	29 000	50 000	70 000	77 000
Total Current Debt	32 000	188 000	329 000	542 000
Total Equity and Debt	2 944 000	2 842 000	2 389 000	2 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,89 %	22,35 %	20,1 %	32,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3 288,89 %	46,03 %	41,78 %	35,57 %
Current Ratio	92	15,12	7,26	3,73
Quick Ratio	92	15,12	7,26	3,73
Equity Ratio	0,99	0,93	0,86	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %