MEDUS AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

48,47 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 795 000	34 505 000	23 442 000	18 974 000
Net Income	3 672 000	2 165 000	594 000	191 000
Total Assets	25 395 000	23 409 000	18 898 000	15 440 000
Total Equity	7 576 000	3 904 000	1 738 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 795 000	34 505 000	23 442 000	18 974 000
Expenditure	34 486 000	31 643 000	22 250 000	18 439 000
Operating Profit	5 309 000	2 863 000	1 192 000	534 000
Financial Income	102 000	384 000	252 000	32 000
Financial Costs	650 000	388 000	850 000	376 000
Financial Balance	−548 000	−4 000	−598 000	−344 000
Earnings Before Tax	4 761 000	2 858 000	594 000	191 000
Tax	1 089 000	693 000	0	0
Net Income	3 672 000	2 165 000	594 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	419 000	366 000	71 000
Total Current Assets	24 948 000	22 991 000	18 532 000	15 368 000
Total Assets	25 395 000	23 409 000	18 898 000	15 440 000
Total Retained Equity	7 426 000	3 754 000	1 588 000	994 000
Total Equity	7 576 000	3 904 000	1 738 000	1 144 000
Total Long-Term Debt	1 858 000	2 287 000	2 715 000	646 000
Total Current Debt	15 961 000	17 218 000	14 445 000	13 649 000
Total Equity and Debt	25 395 000	23 409 000	18 898 000	15 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 795 000	34 505 000	23 442 000	18 974 000
Other Income	0	0	0	0
Revenue	39 795 000	34 505 000	23 442 000	18 974 000
Cost of Goods Sold	17 455 000	16 777 000	10 948 000	8 010 000
Salary Costs	10 938 000	8 584 000	6 646 000	6 117 000
Depreciation	81 000	74 000	32 000	12 000
Impairment	0	0	0	0
Expenditure	34 486 000	31 643 000	22 250 000	18 439 000
Operating Profit	5 309 000	2 863 000	1 192 000	534 000
Financial Income	102 000	384 000	252 000	32 000
Financial Costs	650 000	388 000	850 000	376 000
Financial Balance	−548 000	−4 000	−598 000	−344 000
Dividends	0	0	0	0
Net Income	3 672 000	2 165 000	594 000	191 000

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	447 000	419 000	366 000	71 000
Total Tangible Assets	447 000	419 000	366 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	447 000	419 000	366 000	71 000
Stock	13 647 000	14 920 000	12 806 000	9 809 000
Total Investments	0	0	0	0
Cash, Bank	480 000	381 000	264 000	241 000
Total Current Assets	24 948 000	22 991 000	18 532 000	15 368 000
Total Assets	25 395 000	23 409 000	18 898 000	15 440 000
Total Equity	7 576 000	3 904 000	1 738 000	1 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 858 000	2 287 000	2 715 000	646 000
Creditors	8 155 000	11 169 000	7 538 000	5 926 000
Unpaid Taxes	2 593 000	2 049 000	1 476 000	1 224 000
Dividends	0	0	0	0
Other Current Debt	2 191 000	1 974 000	2 651 000	3 135 000
Total Current Debt	15 961 000	17 218 000	14 445 000	13 649 000
Total Equity and Debt	25 395 000	23 409 000	18 898 000	15 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,47 %	55,46 %	34,18 %	16,7 %
Debt-to-Equity Ratio	0,25	0,59	1,56	0,56
Operating Profit Margin	13,34 %	8,3 %	5,08 %	2,81 %
Current Ratio	1,56	1,34	1,28	1,13
Quick Ratio	10,78	10	11,31	4
Equity Ratio	0,3	0,17	0,09	0,07
Gross Profit Margin	56,14 %	51,38 %	53,3 %	57,78 %