MEDICINE INVEST AS

3260 LARVIK

Finances

Return on Equity

63,73 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 231 000	3 461 000	2 677 000	18 000
Net Income	882 000	599 000	159 000	−4 000
Total Assets	2 109 000	1 244 000	512 000	26 000
Total Equity	1 384 000	661 000	185 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 231 000	3 461 000	2 677 000	18 000
Expenditure	2 986 000	2 701 000	2 472 000	24 000
Operating Profit	1 245 000	760 000	204 000	−6 000
Financial Income	−88 000	10 000	0	0
Financial Costs	0	0	0	0
Financial Balance	−88 000	10 000	0	0
Earnings Before Tax	1 157 000	770 000	204 000	−6 000
Tax	274 000	171 000	45 000	−1 000
Net Income	882 000	599 000	159 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	13 000	0	2 000
Total Current Assets	2 009 000	1 231 000	511 000	24 000
Total Assets	2 109 000	1 244 000	512 000	26 000
Total Retained Equity	1 354 000	631 000	155 000	−4 000
Total Equity	1 384 000	661 000	185 000	26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	726 000	583 000	327 000	0
Total Equity and Debt	2 109 000	1 244 000	512 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 819 000	3 461 000	2 677 000	18 000
Other Income	412 000	0	0	0
Revenue	4 231 000	3 461 000	2 677 000	18 000
Cost of Goods Sold	0	0	0	18 000
Salary Costs	1 756 000	1 704 000	1 629 000	0
Depreciation	13 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	2 986 000	2 701 000	2 472 000	24 000
Operating Profit	1 245 000	760 000	204 000	−6 000
Financial Income	−88 000	10 000	0	0
Financial Costs	0	0	0	0
Financial Balance	−88 000	10 000	0	0
Dividends	160 000	122 000	0	0
Net Income	882 000	599 000	159 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	0	0
Total Tangible Assets	0	13 000	0	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	100 000	13 000	0	2 000
Stock	0	0	0	0
Total Investments	1 046 000	728 000	0	0
Cash, Bank	774 000	297 000	435 000	24 000
Total Current Assets	2 009 000	1 231 000	511 000	24 000
Total Assets	2 109 000	1 244 000	512 000	26 000
Total Equity	1 384 000	661 000	185 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	11 000	14 000	0
Unpaid Taxes	108 000	109 000	117 000	0
Dividends	160 000	122 000	0	0
Other Current Debt	174 000	170 000	152 000	0
Total Current Debt	726 000	583 000	327 000	0
Total Equity and Debt	2 109 000	1 244 000	512 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,73 %	90,62 %	85,95 %	−15,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,43 %	21,96 %	7,62 %	−33,33 %
Current Ratio	2,77	2,11	1,56	-
Quick Ratio	2,77	2,11	1,56	-
Equity Ratio	0,66	0,53	0,36	1
Gross Profit Margin	100 %	100 %	100 %	0 %