MEDEX NORGE AS

3150 TOLVSRØD

Finances

Return on Equity

60,34 %

Current Ratio

1,52

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 389 000	4 926 000	2 992 000	659 000
Net Income	178 000	6 000	−95 000	106 000
Total Assets	1 921 000	1 866 000	874 000	236 000
Total Equity	295 000	116 000	111 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 389 000	4 926 000	2 992 000	659 000
Expenditure	5 116 000	4 884 000	3 110 000	522 000
Operating Profit	273 000	41 000	−118 000	136 000
Financial Income	46 000	1 000	0	0
Financial Costs	91 000	34 000	4 000	0
Financial Balance	−45 000	−33 000	−4 000	0
Earnings Before Tax	229 000	9 000	−122 000	136 000
Tax	50 000	3 000	−26 000	30 000
Net Income	178 000	6 000	−95 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	633 000	49 000	72 000	95 000
Total Current Assets	1 288 000	1 817 000	803 000	141 000
Total Assets	1 921 000	1 866 000	874 000	236 000
Total Retained Equity	195 000	16 000	11 000	106 000
Total Equity	295 000	116 000	111 000	206 000
Total Long-Term Debt	778 000	22 000	0	0
Total Current Debt	849 000	1 728 000	763 000	30 000
Total Equity and Debt	1 921 000	1 866 000	874 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 389 000	4 926 000	2 992 000	659 000
Other Income	0	0	0	0
Revenue	5 389 000	4 926 000	2 992 000	659 000
Cost of Goods Sold	3 972 000	3 233 000	2 236 000	115 000
Salary Costs	108 000	532 000	123 000	0
Depreciation	104 000	23 000	23 000	21 000
Impairment	0	0	0	0
Expenditure	5 116 000	4 884 000	3 110 000	522 000
Operating Profit	273 000	41 000	−118 000	136 000
Financial Income	46 000	1 000	0	0
Financial Costs	91 000	34 000	4 000	0
Financial Balance	−45 000	−33 000	−4 000	0
Dividends	0	0	0	0
Net Income	178 000	6 000	−95 000	106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	49 000	72 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	565 000	0	0	0
Total Tangible Assets	565 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	633 000	49 000	72 000	95 000
Stock	1 111 000	1 020 000	264 000	62 000
Total Investments	0	0	0	0
Cash, Bank	28 000	338 000	243 000	7 000
Total Current Assets	1 288 000	1 817 000	803 000	141 000
Total Assets	1 921 000	1 866 000	874 000	236 000
Total Equity	295 000	116 000	111 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	778 000	22 000	0	0
Creditors	191 000	773 000	356 000	0
Unpaid Taxes	102 000	518 000	295 000	0
Dividends	0	0	0	0
Other Current Debt	167 000	335 000	13 000	0
Total Current Debt	849 000	1 728 000	763 000	30 000
Total Equity and Debt	1 921 000	1 866 000	874 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,34 %	5,17 %	−85,59 %	51,46 %
Debt-to-Equity Ratio	2,64	0,19	0	0
Operating Profit Margin	5,07 %	0,83 %	−3,94 %	20,64 %
Current Ratio	1,52	1,05	1,05	4,7
Quick Ratio	−4,92	2,57	1,61	−4,41
Equity Ratio	0,15	0,06	0,13	0,87
Gross Profit Margin	26,29 %	34,37 %	25,27 %	82,55 %