CARDIOMED AS

2000 LILLESTRØM

Finances

Return on Equity

618,42 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 759 000	7 209 000	7 102 000	7 366 000
Net Income	235 000	1 092 000	532 000	1 319 000
Total Assets	1 852 000	1 902 000	1 793 000	2 364 000
Total Equity	38 000	139 000	81 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 759 000	7 209 000	7 102 000	7 366 000
Expenditure	7 451 000	5 806 000	6 416 000	5 661 000
Operating Profit	308 000	1 403 000	687 000	1 705 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	3 000	5 000	2 000
Financial Balance	−3 000	−3 000	−5 000	−1 000
Earnings Before Tax	306 000	1 400 000	683 000	1 704 000
Tax	70 000	308 000	151 000	385 000
Net Income	235 000	1 092 000	532 000	1 319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	319 000	200 000	270 000	274 000
Total Current Assets	1 533 000	1 701 000	1 523 000	2 090 000
Total Assets	1 852 000	1 902 000	1 793 000	2 364 000
Total Retained Equity	8 000	109 000	51 000	52 000
Total Equity	38 000	139 000	81 000	82 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 814 000	1 763 000	1 712 000	2 282 000
Total Equity and Debt	1 852 000	1 902 000	1 793 000	2 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 759 000	7 209 000	7 102 000	7 366 000
Other Income	0	0	0	0
Revenue	7 759 000	7 209 000	7 102 000	7 366 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 306 000	2 743 000	3 429 000	2 494 000
Depreciation	63 000	68 000	66 000	110 000
Impairment	0	0	0	0
Expenditure	7 451 000	5 806 000	6 416 000	5 661 000
Operating Profit	308 000	1 403 000	687 000	1 705 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	3 000	5 000	2 000
Financial Balance	−3 000	−3 000	−5 000	−1 000
Dividends	290 000	1 000 000	500 000	0
Net Income	235 000	1 092 000	532 000	1 319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	30 000	37 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	149 000	138 000	175 000	152 000
Total Tangible Assets	149 000	138 000	175 000	152 000
Total Fiancial Fixed Assets	142 000	32 000	58 000	85 000
Total Fixed Assets	319 000	200 000	270 000	274 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 008 000	1 441 000	1 256 000	1 719 000
Total Current Assets	1 533 000	1 701 000	1 523 000	2 090 000
Total Assets	1 852 000	1 902 000	1 793 000	2 364 000
Total Equity	38 000	139 000	81 000	82 000
Short-Term Group Debt	819 000	1 293 000	799 000	1 458 000
Total Long-Term Debt	0	0	0	0
Creditors	21 000	22 000	39 000	147 000
Unpaid Taxes	517 000	131 000	395 000	64 000
Dividends	290 000	1 000 000	500 000	0
Other Current Debt	403 000	24 000	338 000	224 000
Total Current Debt	1 814 000	1 763 000	1 712 000	2 282 000
Total Equity and Debt	1 852 000	1 902 000	1 793 000	2 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	618,42 %	785,61 %	656,79 %	1 608,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,97 %	19,46 %	9,67 %	23,15 %
Current Ratio	0,85	0,96	0,89	0,92
Quick Ratio	0,85	0,96	0,89	0,92
Equity Ratio	0,02	0,07	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %