LONKAN MEDISINSKE AS

1613 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−63,13 %

Current Ratio

1,23

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 773 000	5 195 000	3 095 000	3 641 000
Net Income	−101 000	228 000	26 000	−40 000
Total Assets	1 113 000	1 615 000	673 000	459 000
Total Equity	160 000	261 000	32 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 773 000	5 195 000	3 095 000	3 641 000
Expenditure	4 865 000	4 897 000	3 066 000	3 681 000
Operating Profit	−92 000	298 000	29 000	−40 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	18 000	6 000	3 000	0
Financial Balance	−17 000	−6 000	−2 000	1 000
Earnings Before Tax	−109 000	293 000	26 000	−40 000
Tax	−8 000	64 000	0	0
Net Income	−101 000	228 000	26 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	444 000	564 000	15 000	23 000
Total Current Assets	669 000	1 051 000	657 000	436 000
Total Assets	1 113 000	1 615 000	673 000	459 000
Total Retained Equity	130 000	231 000	2 000	−24 000
Total Equity	160 000	261 000	32 000	6 000
Total Long-Term Debt	411 000	511 000	0	0
Total Current Debt	542 000	843 000	640 000	452 000
Total Equity and Debt	1 113 000	1 615 000	673 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 773 000	5 149 000	2 987 000	3 566 000
Other Income	0	47 000	108 000	74 000
Revenue	4 773 000	5 195 000	3 095 000	3 641 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 242 000	3 170 000	1 955 000	2 377 000
Depreciation	139 000	93 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	4 865 000	4 897 000	3 066 000	3 681 000
Operating Profit	−92 000	298 000	29 000	−40 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	18 000	6 000	3 000	0
Financial Balance	−17 000	−6 000	−2 000	1 000
Dividends	0	0	0	250 000
Net Income	−101 000	228 000	26 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	8 000	15 000	23 000
Total Intangible Assets	0	8 000	15 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	443 000	556 000	0	0
Total Tangible Assets	443 000	556 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	444 000	564 000	15 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	541 000	865 000	606 000	392 000
Total Current Assets	669 000	1 051 000	657 000	436 000
Total Assets	1 113 000	1 615 000	673 000	459 000
Total Equity	160 000	261 000	32 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	411 000	511 000	0	0
Creditors	4 000	190 000	213 000	51 000
Unpaid Taxes	281 000	222 000	176 000	106 000
Dividends	0	0	0	250 000
Other Current Debt	256 000	375 000	251 000	295 000
Total Current Debt	542 000	843 000	640 000	452 000
Total Equity and Debt	1 113 000	1 615 000	673 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,13 %	87,36 %	81,25 %	−666,67 %
Debt-to-Equity Ratio	2,57	1,96	0	0
Operating Profit Margin	−1,93 %	5,74 %	0,94 %	−1,1 %
Current Ratio	1,23	1,25	1,03	0,96
Quick Ratio	1,23	1,25	1,03	0,96
Equity Ratio	0,14	0,16	0,05	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %