4X4 MEDEX AS

7040 TRONDHEIM

Finances

Return on Equity

39,5 %

Current Ratio

4,33

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 033 000	46 000	0
Net Income	493 000	628 000	35 000	−4 000
Total Assets	1 600 000	1 195 000	275 000	207 000
Total Equity	1 248 000	755 000	127 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 033 000	46 000	0
Expenditure	389 000	228 000	5 000	1 000
Operating Profit	632 000	805 000	41 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	632 000	805 000	41 000	−1 000
Tax	139 000	177 000	6 000	3 000
Net Income	493 000	628 000	35 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	203 000	203 000	172 000
Total Current Assets	1 309 000	992 000	73 000	35 000
Total Assets	1 600 000	1 195 000	275 000	207 000
Total Retained Equity	1 143 000	650 000	22 000	−8 000
Total Equity	1 248 000	755 000	127 000	92 000
Total Long-Term Debt	51 000	69 000	0	0
Total Current Debt	302 000	371 000	148 000	115 000
Total Equity and Debt	1 600 000	1 195 000	275 000	207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 021 000	1 033 000	46 000	0
Other Income	0	0	0	0
Revenue	1 021 000	1 033 000	46 000	0
Cost of Goods Sold	50 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	0	0	0
Impairment	0	0	0	0
Expenditure	389 000	228 000	5 000	1 000
Operating Profit	632 000	805 000	41 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	493 000	628 000	35 000	−4 000

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	172 000	0	0	0
Total Tangible Assets	172 000	0	0	0
Total Fiancial Fixed Assets	120 000	203 000	203 000	172 000
Total Fixed Assets	292 000	203 000	203 000	172 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 191 000	905 000	48 000	3 000
Total Current Assets	1 309 000	992 000	73 000	35 000
Total Assets	1 600 000	1 195 000	275 000	207 000
Total Equity	1 248 000	755 000	127 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	69 000	0	0
Creditors	0	7 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	163 000	187 000	138 000	115 000
Total Current Debt	302 000	371 000	148 000	115 000
Total Equity and Debt	1 600 000	1 195 000	275 000	207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,5 %	83,18 %	27,56 %	−4,35 %
Debt-to-Equity Ratio	0,04	0,09	0	0
Operating Profit Margin	61,9 %	77,93 %	89,13 %	-
Current Ratio	4,33	2,67	0,49	0,3
Quick Ratio	4,33	2,67	0,49	0,3
Equity Ratio	0,78	0,63	0,46	0,44
Gross Profit Margin	95,1 %	100 %	100 %	-