MEDU NORGE AS

0659 OSLO

Finances

Share Ownership

Return on Equity

−12,57 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 853 000	44 630 000	53 452 000	30 841 000
Net Income	−1 727 000	1 710 000	−488 000	−1 010 000
Total Assets	27 933 000	28 460 000	18 867 000	19 294 000
Total Equity	13 734 000	15 461 000	13 255 000	13 743 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 853 000	44 630 000	53 452 000	30 841 000
Expenditure	53 875 000	42 321 000	53 456 000	31 995 000
Operating Profit	−2 023 000	2 308 000	−4 000	−1 154 000
Financial Income	192 000	199 000	181 000	44 000
Financial Costs	371 000	302 000	799 000	172 000
Financial Balance	−179 000	−103 000	−618 000	−128 000
Earnings Before Tax	−2 202 000	2 205 000	−622 000	−1 282 000
Tax	−474 000	496 000	−134 000	−273 000
Net Income	−1 727 000	1 710 000	−488 000	−1 010 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 156 000	1 213 000	1 297 000	1 185 000
Total Current Assets	25 777 000	27 247 000	17 570 000	18 109 000
Total Assets	27 933 000	28 460 000	18 867 000	19 294 000
Total Retained Equity	9 194 000	10 922 000	9 212 000	9 700 000
Total Equity	13 734 000	15 461 000	13 255 000	13 743 000
Total Long-Term Debt	2 958 000	5 024 000	0	900 000
Total Current Debt	11 241 000	7 975 000	5 611 000	4 650 000
Total Equity and Debt	27 933 000	28 460 000	18 867 000	19 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 448 000	44 598 000	53 452 000	30 786 000
Other Income	405 000	32 000	0	55 000
Revenue	51 853 000	44 630 000	53 452 000	30 841 000
Cost of Goods Sold	35 628 000	27 865 000	41 706 000	18 961 000
Salary Costs	12 915 000	9 318 000	8 556 000	8 532 000
Depreciation	385 000	686 000	183 000	195 000
Impairment	0	0	0	0
Expenditure	53 875 000	42 321 000	53 456 000	31 995 000
Operating Profit	−2 023 000	2 308 000	−4 000	−1 154 000
Financial Income	192 000	199 000	181 000	44 000
Financial Costs	371 000	302 000	799 000	172 000
Financial Balance	−179 000	−103 000	−618 000	−128 000
Dividends	0	0	0	0
Net Income	−1 727 000	1 710 000	−488 000	−1 010 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	964 000	217 000	853 000	654 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 000	69 000	201 000	333 000
Fixtures	1 121 000	879 000	182 000	130 000
Total Tangible Assets	1 145 000	948 000	383 000	463 000
Total Fiancial Fixed Assets	48 000	47 000	61 000	68 000
Total Fixed Assets	2 156 000	1 213 000	1 297 000	1 185 000
Stock	13 228 000	13 905 000	10 530 000	10 695 000
Total Investments	0	0	0	0
Cash, Bank	1 592 000	3 070 000	1 180 000	2 574 000
Total Current Assets	25 777 000	27 247 000	17 570 000	18 109 000
Total Assets	27 933 000	28 460 000	18 867 000	19 294 000
Total Equity	13 734 000	15 461 000	13 255 000	13 743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 958 000	5 024 000	0	900 000
Creditors	5 748 000	4 290 000	1 845 000	1 895 000
Unpaid Taxes	3 770 000	2 702 000	2 368 000	1 723 000
Dividends	0	0	0	0
Other Current Debt	1 723 000	983 000	1 334 000	1 032 000
Total Current Debt	11 241 000	7 975 000	5 611 000	4 650 000
Total Equity and Debt	27 933 000	28 460 000	18 867 000	19 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,57 %	11,06 %	−3,68 %	−7,35 %
Debt-to-Equity Ratio	0,22	0,32	0	0,07
Operating Profit Margin	−3,9 %	5,17 %	−0,01 %	−3,74 %
Current Ratio	2,29	3,42	3,13	3,89
Quick Ratio	−12,97	−4,59	−3,57	−3
Equity Ratio	0,49	0,54	0,7	0,71
Gross Profit Margin	31,29 %	37,56 %	21,97 %	38,52 %