MEDTHINGS AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

−19,79 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 000	0	52 000	0
Net Income	−514 000	−844 000	−897 000	0
Total Assets	6 954 000	4 076 000	4 139 000	60 000
Total Equity	2 597 000	1 041 000	463 000	60 000

Income (NOK)	2022	2021	2020
Revenue	108 000	0	52 000
Expenditure	622 000	845 000	950 000
Operating Profit	−514 000	−845 000	−897 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Earnings Before Tax	−514 000	−844 000	−897 000
Tax	0	0	0
Net Income	−514 000	−844 000	−897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 490 000	3 111 000	2 180 000	0
Total Current Assets	3 464 000	965 000	1 959 000	60 000
Total Assets	6 954 000	4 076 000	4 139 000	60 000
Total Retained Equity	−2 256 000	−1 742 000	−897 000	0
Total Equity	2 597 000	1 041 000	463 000	60 000
Total Long-Term Debt	2 400 000	2 400 000	2 400 000	0
Total Current Debt	1 957 000	634 000	1 276 000	0
Total Equity and Debt	6 954 000	4 076 000	4 139 000	60 000

Cash flow (NOK)	2022	2021	2020
Sales Income	108 000	0	52 000
Other Income	0	0	0
Revenue	108 000	0	52 000
Cost of Goods Sold	1 000	3 000	3 000
Salary Costs	356 000	731 000	765 000
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	622 000	845 000	950 000
Operating Profit	−514 000	−845 000	−897 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Dividends	0	0	0
Net Income	−514 000	−844 000	−897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 436 000	3 111 000	2 180 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	36 000	0	0	0
Total Fixed Assets	3 490 000	3 111 000	2 180 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 297 000	738 000	1 501 000	60 000
Total Current Assets	3 464 000	965 000	1 959 000	60 000
Total Assets	6 954 000	4 076 000	4 139 000	60 000
Total Equity	2 597 000	1 041 000	463 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	2 400 000	0
Creditors	126 000	279 000	1 147 000	0
Unpaid Taxes	147 000	7 000	46 000	0
Dividends	0	0	0	0
Other Current Debt	2 175 000	348 000	82 000	0
Total Current Debt	1 957 000	634 000	1 276 000	0
Total Equity and Debt	6 954 000	4 076 000	4 139 000	60 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,79 %	−81,08 %	−193,74 %	0 %
Debt-to-Equity Ratio	0,92	2,31	5,18	0
Operating Profit Margin	−475,93 %	-	−1 725 %	-
Current Ratio	1,77	1,52	1,54	-
Quick Ratio	1,77	1,52	1,54	-
Equity Ratio	0,37	0,26	0,11	1
Gross Profit Margin	99,07 %	-	94,23 %	-