MEDART AS

1168 OSLO

Finances

Share Ownership

Return on Equity

−83,67 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	215 000	226 000	289 000
Net Income	−41 000	−22 000	−34 000	−33 000
Total Assets	513 000	526 000	462 000	473 000
Total Equity	49 000	90 000	112 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	215 000	226 000	289 000
Expenditure	252 000	242 000	259 000	321 000
Operating Profit	−39 000	−21 000	−33 000	−33 000
Financial Income	0	0	1 000	2 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−1 000	0
Earnings Before Tax	−41 000	−22 000	−34 000	−33 000
Tax	0	0	0	0
Net Income	−41 000	−22 000	−34 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	0	5 000
Total Current Assets	513 000	521 000	462 000	468 000
Total Assets	513 000	526 000	462 000	473 000
Total Retained Equity	−51 000	−10 000	12 000	46 000
Total Equity	49 000	90 000	112 000	146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	464 000	436 000	350 000	327 000
Total Equity and Debt	513 000	526 000	462 000	473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	193 000	233 000	225 000	287 000
Other Income	19 000	−19 000	1 000	2 000
Revenue	212 000	215 000	226 000	289 000
Cost of Goods Sold	54 000	62 000	50 000	94 000
Salary Costs	0	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	252 000	242 000	259 000	321 000
Operating Profit	−39 000	−21 000	−33 000	−33 000
Financial Income	0	0	1 000	2 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−1 000	0
Dividends	0	0	0	0
Net Income	−41 000	−22 000	−34 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	5 000	0	5 000
Total Fixed Assets	0	5 000	0	5 000
Stock	379 000	383 000	376 000	364 000
Total Investments	0	0	0	0
Cash, Bank	25 000	15 000	24 000	77 000
Total Current Assets	513 000	521 000	462 000	468 000
Total Assets	513 000	526 000	462 000	473 000
Total Equity	49 000	90 000	112 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	46 000	26 000	41 000
Unpaid Taxes	−3 000	3 000	12 000	9 000
Dividends	0	0	0	0
Other Current Debt	407 000	388 000	313 000	276 000
Total Current Debt	464 000	436 000	350 000	327 000
Total Equity and Debt	513 000	526 000	462 000	473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,67 %	−24,44 %	−30,36 %	−22,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,4 %	−9,77 %	−14,6 %	−11,42 %
Current Ratio	1,11	1,19	1,32	1,43
Quick Ratio	6,04	9,83	−17,77	−12,65
Equity Ratio	0,1	0,17	0,24	0,31
Gross Profit Margin	74,53 %	71,16 %	77,88 %	67,47 %