MEDCARE AS

0379 OSLO

Finances

Share Ownership

Return on Equity

408,24 %

Current Ratio

0,9

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 516 000	3 326 000	363 000	1 009 000
Net Income	−347 000	258 000	−4 000	31 000
Total Assets	777 000	636 000	446 000	150 000
Total Equity	−85 000	262 000	4 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 516 000	3 326 000	363 000	1 009 000
Expenditure	1 863 000	3 002 000	366 000	978 000
Operating Profit	−347 000	323 000	−4 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−347 000	324 000	−4 000	31 000
Tax	0	66 000	0	0
Net Income	−347 000	258 000	−4 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	777 000	636 000	446 000	150 000
Total Assets	777 000	636 000	446 000	150 000
Total Retained Equity	−115 000	232 000	−26 000	−21 000
Total Equity	−85 000	262 000	4 000	9 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	862 000	374 000	442 000	141 000
Total Equity and Debt	777 000	636 000	446 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 516 000	3 326 000	363 000	998 000
Other Income	0	0	0	12 000
Revenue	1 516 000	3 326 000	363 000	1 009 000
Cost of Goods Sold	1 102 000	2 174 000	292 000	650 000
Salary Costs	690 000	742 000	51 000	254 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 863 000	3 002 000	366 000	978 000
Operating Profit	−347 000	323 000	−4 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−347 000	258 000	−4 000	31 000

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	0	0	0	0
Cash, Bank	384 000	636 000	5 000	60 000
Total Current Assets	777 000	636 000	446 000	150 000
Total Assets	777 000	636 000	446 000	150 000
Total Equity	−85 000	262 000	4 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	0	238 000	−7 000
Unpaid Taxes	440 000	210 000	76 000	54 000
Dividends	0	0	0	0
Other Current Debt	99 000	99 000	127 000	94 000
Total Current Debt	862 000	374 000	442 000	141 000
Total Equity and Debt	777 000	636 000	446 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	408,24 %	98,47 %	−100 %	344,44 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−22,89 %	9,71 %	−1,1 %	3,07 %
Current Ratio	0,9	1,7	1,01	1,06
Quick Ratio	0,9	1,7	1,01	1,06
Equity Ratio	−0,11	0,41	0,01	0,06
Gross Profit Margin	27,31 %	34,64 %	19,56 %	35,58 %