LUMIBIRD MEDICAL NORDICS AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

15,92 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 316 000	5 632 000	4 153 000	6 621 000
Net Income	331 000	456 000	259 000	118 000
Total Assets	3 537 000	2 898 000	2 176 000	1 970 000
Total Equity	2 079 000	1 747 000	1 292 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 316 000	5 632 000	4 153 000	6 621 000
Expenditure	5 891 000	5 082 000	3 703 000	6 516 000
Operating Profit	424 000	550 000	450 000	105 000
Financial Income	14 000	33 000	6 000	120 000
Financial Costs	14 000	−1 000	123 000	66 000
Financial Balance	0	34 000	−117 000	54 000
Earnings Before Tax	425 000	584 000	333 000	159 000
Tax	93 000	129 000	73 000	41 000
Net Income	331 000	456 000	259 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	60 000	253 000
Total Current Assets	3 537 000	2 891 000	2 115 000	1 718 000
Total Assets	3 537 000	2 898 000	2 176 000	1 970 000
Total Retained Equity	0	−3 571 000	−4 027 000	−4 286 000
Total Equity	2 079 000	1 747 000	1 292 000	1 032 000
Total Long-Term Debt	18 000	22 000	0	400 000
Total Current Debt	1 441 000	1 128 000	884 000	539 000
Total Equity and Debt	3 537 000	2 898 000	2 176 000	1 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 316 000	5 632 000	4 149 000	6 621 000
Other Income	0	0	4 000	0
Revenue	6 316 000	5 632 000	4 153 000	6 621 000
Cost of Goods Sold	3 009 000	3 474 000	2 823 000	4 723 000
Salary Costs	267 000	835 000	0	582 000
Depreciation	7 000	7 000	25 000	98 000
Impairment	0	0	0	0
Expenditure	5 891 000	5 082 000	3 703 000	6 516 000
Operating Profit	424 000	550 000	450 000	105 000
Financial Income	14 000	33 000	6 000	120 000
Financial Costs	14 000	−1 000	123 000	66 000
Financial Balance	0	34 000	−117 000	54 000
Dividends	0	0	0	0
Net Income	331 000	456 000	259 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	46 000	119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	15 000	134 000
Total Tangible Assets	0	7 000	15 000	134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 000	60 000	253 000
Stock	0	0	62 000	73 000
Total Investments	0	0	0	0
Cash, Bank	3 261 000	1 439 000	1 844 000	448 000
Total Current Assets	3 537 000	2 891 000	2 115 000	1 718 000
Total Assets	3 537 000	2 898 000	2 176 000	1 970 000
Total Equity	2 079 000	1 747 000	1 292 000	1 032 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	22 000	0	400 000
Creditors	1 139 000	581 000	679 000	209 000
Unpaid Taxes	110 000	392 000	169 000	251 000
Dividends	0	0	0	0
Other Current Debt	94 000	95 000	37 000	61 000
Total Current Debt	1 441 000	1 128 000	884 000	539 000
Total Equity and Debt	3 537 000	2 898 000	2 176 000	1 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,92 %	26,1 %	20,05 %	11,43 %
Debt-to-Equity Ratio	0,01	0,01	0	0,39
Operating Profit Margin	6,71 %	9,77 %	10,84 %	1,59 %
Current Ratio	2,45	2,56	2,39	3,19
Quick Ratio	2,45	2,56	2,57	3,69
Equity Ratio	0,59	0,6	0,59	0,52
Gross Profit Margin	52,36 %	38,32 %	32,03 %	28,67 %