LINK MEDICAL RESEARCH AS

0283 OSLO

Finances

Share Ownership

Return on Equity

7,42 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 709 000	81 274 000	74 690 000	74 463 000
Net Income	1 311 000	−4 007 000	−2 577 000	−3 166 000
Total Assets	67 992 000	59 657 000	80 233 000	65 482 000
Total Equity	17 664 000	16 353 000	18 360 000	20 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 709 000	81 274 000	74 690 000	74 463 000
Expenditure	84 618 000	78 732 000	81 683 000	79 001 000
Operating Profit	−6 910 000	2 542 000	−6 992 000	−4 539 000
Financial Income	8 106 000	2 696 000	7 190 000	384 000
Financial Costs	2 564 000	6 757 000	3 671 000	1 215 000
Financial Balance	5 542 000	−4 061 000	3 519 000	−831 000
Earnings Before Tax	−1 367 000	−1 519 000	−3 473 000	−5 369 000
Tax	−2 679 000	2 488 000	−896 000	−2 203 000
Net Income	1 311 000	−4 007 000	−2 577 000	−3 166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 869 000	35 497 000	48 535 000	34 208 000
Total Current Assets	26 122 000	24 160 000	31 697 000	31 274 000
Total Assets	67 992 000	59 657 000	80 233 000	65 482 000
Total Retained Equity	13 264 000	11 953 000	15 960 000	18 519 000
Total Equity	17 664 000	16 353 000	18 360 000	20 919 000
Total Long-Term Debt	16 396 000	20 412 000	35 409 000	26 113 000
Total Current Debt	33 931 000	22 892 000	26 464 000	18 451 000
Total Equity and Debt	67 992 000	59 657 000	80 233 000	65 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 709 000	81 274 000	74 690 000	74 404 000
Other Income	0	0	0	58 000
Revenue	77 709 000	81 274 000	74 690 000	74 463 000
Cost of Goods Sold	11 602 000	12 977 000	16 433 000	13 473 000
Salary Costs	60 671 000	58 352 000	53 424 000	51 757 000
Depreciation	506 000	410 000	291 000	392 000
Impairment	0	0	0	0
Expenditure	84 618 000	78 732 000	81 683 000	79 001 000
Operating Profit	−6 910 000	2 542 000	−6 992 000	−4 539 000
Financial Income	8 106 000	2 696 000	7 190 000	384 000
Financial Costs	2 564 000	6 757 000	3 671 000	1 215 000
Financial Balance	5 542 000	−4 061 000	3 519 000	−831 000
Dividends	0	0	0	0
Net Income	1 311 000	−4 007 000	−2 577 000	−3 166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 913 000	3 235 000	4 184 000	2 426 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	449 000	955 000	612 000	618 000
Total Tangible Assets	488 000	994 000	651 000	657 000
Total Fiancial Fixed Assets	35 469 000	31 269 000	43 701 000	31 125 000
Total Fixed Assets	41 869 000	35 497 000	48 535 000	34 208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 951 000	5 841 000	10 055 000	7 770 000
Total Current Assets	26 122 000	24 160 000	31 697 000	31 274 000
Total Assets	67 992 000	59 657 000	80 233 000	65 482 000
Total Equity	17 664 000	16 353 000	18 360 000	20 919 000
Short-Term Group Debt	13 348 000	2 220 000	5 462 000	2 314 000
Total Long-Term Debt	16 396 000	20 412 000	35 409 000	26 113 000
Creditors	1 311 000	2 188 000	2 057 000	617 000
Unpaid Taxes	5 784 000	5 392 000	5 471 000	6 514 000
Dividends	0	0	0	0
Other Current Debt	9 609 000	8 525 000	5 325 000	5 012 000
Total Current Debt	33 931 000	22 892 000	26 464 000	18 451 000
Total Equity and Debt	67 992 000	59 657 000	80 233 000	65 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,42 %	−24,5 %	−14,04 %	−15,13 %
Debt-to-Equity Ratio	0,93	1,25	1,93	1,25
Operating Profit Margin	−8,89 %	3,13 %	−9,36 %	−6,1 %
Current Ratio	0,77	1,06	1,2	1,69
Quick Ratio	0,77	1,06	1,2	1,69
Equity Ratio	0,26	0,27	0,23	0,32
Gross Profit Margin	85,07 %	84,03 %	78 %	81,91 %