MEDEC AS

1354 BÆRUMS VERK

Finances

Return on Equity

2,14 %

Current Ratio

41,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	201 000	289 000	1 236 000
Net Income	116 000	−4 000	400 000	444 000
Total Assets	5 491 000	5 364 000	5 424 000	5 457 000
Total Equity	5 411 000	5 294 000	5 298 000	4 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	201 000	289 000	1 236 000
Expenditure	217 000	149 000	263 000	884 000
Operating Profit	26 000	52 000	27 000	351 000
Financial Income	964 000	22 000	383 000	172 000
Financial Costs	846 000	63 000	1 000	0
Financial Balance	118 000	−41 000	382 000	172 000
Earnings Before Tax	143 000	10 000	409 000	523 000
Tax	27 000	14 000	8 000	79 000
Net Income	116 000	−4 000	400 000	444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 604 000	2 614 000	2 700 000	2 915 000
Total Current Assets	2 887 000	2 750 000	2 724 000	2 542 000
Total Assets	5 491 000	5 364 000	5 424 000	5 457 000
Total Retained Equity	5 011 000	4 894 000	4 898 000	4 498 000
Total Equity	5 411 000	5 294 000	5 298 000	4 898 000
Total Long-Term Debt	11 000	14 000	16 000	78 000
Total Current Debt	70 000	55 000	110 000	482 000
Total Equity and Debt	5 491 000	5 364 000	5 424 000	5 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	243 000	201 000	289 000	1 236 000
Revenue	243 000	201 000	289 000	1 236 000
Cost of Goods Sold	194 000	136 000	216 000	879 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	217 000	149 000	263 000	884 000
Operating Profit	26 000	52 000	27 000	351 000
Financial Income	964 000	22 000	383 000	172 000
Financial Costs	846 000	63 000	1 000	0
Financial Balance	118 000	−41 000	382 000	172 000
Dividends	0	0	0	0
Net Income	116 000	−4 000	400 000	444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	185 000	380 000	515 000	731 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	185 000	380 000	515 000	731 000
Total Fiancial Fixed Assets	2 419 000	2 234 000	2 184 000	2 184 000
Total Fixed Assets	2 604 000	2 614 000	2 700 000	2 915 000
Stock	0	0	0	0
Total Investments	2 447 000	1 898 000	1 618 000	1 286 000
Cash, Bank	438 000	852 000	1 106 000	1 256 000
Total Current Assets	2 887 000	2 750 000	2 724 000	2 542 000
Total Assets	5 491 000	5 364 000	5 424 000	5 457 000
Total Equity	5 411 000	5 294 000	5 298 000	4 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	14 000	16 000	78 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	39 000	39 000	39 000	339 000
Total Current Debt	70 000	55 000	110 000	482 000
Total Equity and Debt	5 491 000	5 364 000	5 424 000	5 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,14 %	−0,08 %	7,55 %	9,06 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	10,7 %	25,87 %	9,34 %	28,4 %
Current Ratio	41,24	50	24,76	5,27
Quick Ratio	41,24	50	24,76	5,27
Equity Ratio	0,99	0,99	0,98	0,9
Gross Profit Margin	20,16 %	32,34 %	25,26 %	28,88 %