PORTLAND MEDICAL AS

1473 LØRENSKOG

Finances

Return on Equity

−6,11 %

Current Ratio

0,04

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020
Revenue	709 000	5 997 000	31 385 000
Net Income	−43 000	54 000	663 000
Total Assets	12 501 000	9 874 000	10 826 000
Total Equity	704 000	747 000	693 000

Income (NOK)	2022	2021	2020
Revenue	709 000	5 997 000	31 385 000
Expenditure	689 000	5 822 000	30 059 000
Operating Profit	21 000	175 000	1 325 000
Financial Income	0	18 000	1 000
Financial Costs	76 000	124 000	477 000
Financial Balance	−76 000	−106 000	−476 000
Earnings Before Tax	−55 000	70 000	850 000
Tax	−12 000	15 000	187 000
Net Income	−43 000	54 000	663 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 108 000	9 326 000	8 023 000
Total Current Assets	393 000	547 000	2 803 000
Total Assets	12 501 000	9 874 000	10 826 000
Total Retained Equity	674 000	717 000	663 000
Total Equity	704 000	747 000	693 000
Total Long-Term Debt	1 328 000	1 414 000	1 474 000
Total Current Debt	10 469 000	7 713 000	8 660 000
Total Equity and Debt	12 501 000	9 874 000	10 826 000

Cash flow (NOK)	2022	2021	2020
Sales Income	709 000	5 997 000	31 385 000
Other Income	0	0	0
Revenue	709 000	5 997 000	31 385 000
Cost of Goods Sold	289 000	5 295 000	29 725 000
Salary Costs	10 000	10 000	114 000
Depreciation	159 000	82 000	0
Impairment	0	0	0
Expenditure	689 000	5 822 000	30 059 000
Operating Profit	21 000	175 000	1 325 000
Financial Income	0	18 000	1 000
Financial Costs	76 000	124 000	477 000
Financial Balance	−76 000	−106 000	−476 000
Dividends	0	0	0
Net Income	−43 000	54 000	663 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 545 000	3 545 000	3 545 000
Machinery and Plant Facilities	0	0	0
Fixtures	553 000	711 000	0
Total Tangible Assets	4 098 000	4 256 000	3 545 000
Total Fiancial Fixed Assets	8 010 000	5 070 000	4 478 000
Total Fixed Assets	12 108 000	9 326 000	8 023 000
Stock	0	0	0
Total Investments	300 000	300 000	0
Cash, Bank	61 000	127 000	1 363 000
Total Current Assets	393 000	547 000	2 803 000
Total Assets	12 501 000	9 874 000	10 826 000
Total Equity	704 000	747 000	693 000
Short-Term Group Debt	9 896 000	6 536 000	0
Total Long-Term Debt	1 328 000	1 414 000	1 474 000
Creditors	466 000	392 000	8 023 000
Unpaid Taxes	36 000	784 000	0
Dividends	0	0	0
Other Current Debt	71 000	0	450 000
Total Current Debt	10 469 000	7 713 000	8 660 000
Total Equity and Debt	12 501 000	9 874 000	10 826 000

Financial indicators	2022	2021	2020
Return on Equity	−6,11 %	7,23 %	95,67 %
Debt-to-Equity Ratio	1,89	1,89	2,13
Operating Profit Margin	2,96 %	2,92 %	4,22 %
Current Ratio	0,04	0,07	0,32
Quick Ratio	0,04	0,07	0,32
Equity Ratio	0,06	0,08	0,06
Gross Profit Margin	59,24 %	11,71 %	5,29 %