MED STORM INNOVATION AS

0264 OSLO

Finances

Share Ownership

Return on Equity

−76,22 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 785 000	2 443 000	2 718 000	3 043 000
Net Income	−3 974 000	−1 544 000	−3 094 000	159 000
Total Assets	10 815 000	6 615 000	4 480 000	4 023 000
Total Equity	5 214 000	1 398 000	2 942 000	1 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 785 000	2 443 000	2 718 000	3 043 000
Expenditure	13 541 000	6 215 000	5 704 000	2 678 000
Operating Profit	−3 863 000	−1 196 000	−2 925 000	365 000
Financial Income	114 000	35 000	13 000	7 000
Financial Costs	225 000	384 000	182 000	214 000
Financial Balance	−111 000	−349 000	−169 000	−207 000
Earnings Before Tax	−3 974 000	−1 544 000	−3 094 000	159 000
Tax	0	0	0	0
Net Income	−3 974 000	−1 544 000	−3 094 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 770 000	2 244 000	55 000	115 000
Total Current Assets	5 045 000	4 370 000	4 425 000	3 908 000
Total Assets	10 815 000	6 615 000	4 480 000	4 023 000
Total Retained Equity	0	0	0	958 000
Total Equity	5 214 000	1 398 000	2 942 000	1 116 000
Total Long-Term Debt	3 333 000	3 905 000	0	0
Total Current Debt	2 267 000	1 312 000	1 538 000	2 906 000
Total Equity and Debt	10 815 000	6 615 000	4 480 000	4 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 785 000	1 183 000	2 718 000	584 000
Other Income	0	1 259 000	0	2 459 000
Revenue	4 785 000	2 443 000	2 718 000	3 043 000
Cost of Goods Sold	2 247 000	334 000	177 000	1 048 000
Salary Costs	1 948 000	1 774 000	502 000	−1 288 000
Depreciation	524 000	93 000	120 000	207 000
Impairment	0	0	0	0
Expenditure	13 541 000	6 215 000	5 704 000	2 678 000
Operating Profit	−3 863 000	−1 196 000	−2 925 000	365 000
Financial Income	114 000	35 000	13 000	7 000
Financial Costs	225 000	384 000	182 000	214 000
Financial Balance	−111 000	−349 000	−169 000	−207 000
Dividends	0	0	0	0
Net Income	−3 974 000	−1 544 000	−3 094 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 609 000	2 123 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	108 000	107 000	40 000	100 000
Fixtures	53 000	15 000	15 000	15 000
Total Tangible Assets	161 000	122 000	55 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 770 000	2 244 000	55 000	115 000
Stock	2 001 000	2 239 000	1 866 000	1 857 000
Total Investments	0	0	0	0
Cash, Bank	729 000	711 000	25 000	33 000
Total Current Assets	5 045 000	4 370 000	4 425 000	3 908 000
Total Assets	10 815 000	6 615 000	4 480 000	4 023 000
Total Equity	5 214 000	1 398 000	2 942 000	1 116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 333 000	3 905 000	0	0
Creditors	1 188 000	743 000	644 000	152 000
Unpaid Taxes	248 000	202 000	179 000	215 000
Dividends	0	0	0	0
Other Current Debt	831 000	367 000	387 000	292 000
Total Current Debt	2 267 000	1 312 000	1 538 000	2 906 000
Total Equity and Debt	10 815 000	6 615 000	4 480 000	4 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,22 %	−110,44 %	−105,17 %	14,25 %
Debt-to-Equity Ratio	0,64	2,79	0	0
Operating Profit Margin	−80,73 %	−48,96 %	−107,62 %	11,99 %
Current Ratio	2,23	3,33	2,88	1,34
Quick Ratio	18,97	−4,71	−13,49	3,73
Equity Ratio	0,48	0,21	0,66	0,28
Gross Profit Margin	53,04 %	86,33 %	93,49 %	65,56 %