TUSETH KARDIO AS

5019 BERGEN

Finances

Share Ownership

Return on Equity

92,37 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 634 000	6 947 000	4 123 000	3 639 000
Net Income	1 428 000	1 531 000	698 000	606 000
Total Assets	3 926 000	4 447 000	4 072 000	2 115 000
Total Equity	1 546 000	1 618 000	87 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 634 000	6 947 000	4 123 000	3 639 000
Expenditure	5 736 000	4 901 000	3 188 000	2 805 000
Operating Profit	1 898 000	2 046 000	935 000	833 000
Financial Income	11 000	2 000	2 000	0
Financial Costs	77 000	86 000	43 000	56 000
Financial Balance	−66 000	−84 000	−41 000	−56 000
Earnings Before Tax	1 831 000	1 963 000	894 000	777 000
Tax	403 000	432 000	197 000	171 000
Net Income	1 428 000	1 531 000	698 000	606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 510 000	2 167 000	2 863 000	1 216 000
Total Current Assets	2 416 000	2 280 000	1 209 000	899 000
Total Assets	3 926 000	4 447 000	4 072 000	2 115 000
Total Retained Equity	1 516 000	1 588 000	57 000	259 000
Total Equity	1 546 000	1 618 000	87 000	289 000
Total Long-Term Debt	1 264 000	1 723 000	2 672 000	909 000
Total Current Debt	1 116 000	1 106 000	1 313 000	917 000
Total Equity and Debt	3 926 000	4 447 000	4 072 000	2 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 254 000	1 165 000	1 902 000	1 405 000
Other Income	6 380 000	5 781 000	2 221 000	2 234 000
Revenue	7 634 000	6 947 000	4 123 000	3 639 000
Cost of Goods Sold	241 000	268 000	396 000	568 000
Salary Costs	3 603 000	2 824 000	1 890 000	1 469 000
Depreciation	699 000	699 000	336 000	298 000
Impairment	0	0	0	0
Expenditure	5 736 000	4 901 000	3 188 000	2 805 000
Operating Profit	1 898 000	2 046 000	935 000	833 000
Financial Income	11 000	2 000	2 000	0
Financial Costs	77 000	86 000	43 000	56 000
Financial Balance	−66 000	−84 000	−41 000	−56 000
Dividends	1 500 000	0	800 000	350 000
Net Income	1 428 000	1 531 000	698 000	606 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	777 000	1 217 000	1 657 000	1 056 000
Total Intangible Assets	815 000	1 217 000	1 657 000	1 056 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	82 000	120 000	159 000
Fixtures	685 000	862 000	1 082 000	0
Total Tangible Assets	685 000	943 000	1 202 000	159 000
Total Fiancial Fixed Assets	10 000	7 000	3 000	2 000
Total Fixed Assets	1 510 000	2 167 000	2 863 000	1 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 351 000	2 127 000	956 000	879 000
Total Current Assets	2 416 000	2 280 000	1 209 000	899 000
Total Assets	3 926 000	4 447 000	4 072 000	2 115 000
Total Equity	1 546 000	1 618 000	87 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 264 000	1 723 000	2 672 000	909 000
Creditors	62 000	124 000	25 000	152 000
Unpaid Taxes	257 000	203 000	177 000	96 000
Dividends	1 500 000	0	800 000	350 000
Other Current Debt	330 000	305 000	182 000	149 000
Total Current Debt	1 116 000	1 106 000	1 313 000	917 000
Total Equity and Debt	3 926 000	4 447 000	4 072 000	2 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,37 %	94,62 %	802,3 %	209,69 %
Debt-to-Equity Ratio	0,82	1,06	30,71	3,15
Operating Profit Margin	24,86 %	29,45 %	22,68 %	22,89 %
Current Ratio	2,16	2,06	0,92	0,98
Quick Ratio	2,16	2,06	0,92	0,98
Equity Ratio	0,39	0,36	0,02	0,14
Gross Profit Margin	96,84 %	96,14 %	90,4 %	84,39 %