BALTER MEDICAL AS

5152 BØNES

Finances

Share Ownership

Return on Equity

65,3 %

Current Ratio

2,05

Debt-to-Equity Ratio

−1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	479 000	1 113 000	6 051 000	1 105 000
Net Income	−4 053 000	−2 629 000	−2 716 000	−6 274 000
Total Assets	8 132 000	7 629 000	9 808 000	4 198 000
Total Equity	−6 207 000	−2 349 000	281 000	2 996 000

Income (NOK)	2022	2021	2020	2019
Revenue	479 000	1 113 000	6 051 000	1 105 000
Expenditure	4 060 000	3 776 000	8 729 000	7 290 000
Operating Profit	−3 581 000	−2 663 000	−2 678 000	−6 186 000
Financial Income	716 000	140 000	17 000	6 000
Financial Costs	1 187 000	107 000	54 000	94 000
Financial Balance	−471 000	33 000	−37 000	−88 000
Earnings Before Tax	−4 053 000	−2 629 000	−2 716 000	−6 274 000
Tax	0	0	0	0
Net Income	−4 053 000	−2 629 000	−2 716 000	−6 274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 354 000	1 604 000	1 854 000	2 772 000
Total Current Assets	6 777 000	6 025 000	7 954 000	1 426 000
Total Assets	8 132 000	7 629 000	9 808 000	4 198 000
Total Retained Equity	−9 398 000	−5 345 000	−2 716 000	0
Total Equity	−6 207 000	−2 349 000	281 000	2 996 000
Total Long-Term Debt	11 029 000	0	0	0
Total Current Debt	3 309 000	9 978 000	9 528 000	1 202 000
Total Equity and Debt	8 132 000	7 629 000	9 808 000	4 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	479 000	1 113 000	1 388 000	108 000
Other Income	0	0	4 662 000	997 000
Revenue	479 000	1 113 000	6 051 000	1 105 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 397 000	−1 585 000	2 817 000	1 644 000
Depreciation	250 000	250 000	515 000	410 000
Impairment	0	0	0	0
Expenditure	4 060 000	3 776 000	8 729 000	7 290 000
Operating Profit	−3 581 000	−2 663 000	−2 678 000	−6 186 000
Financial Income	716 000	140 000	17 000	6 000
Financial Costs	1 187 000	107 000	54 000	94 000
Financial Balance	−471 000	33 000	−37 000	−88 000
Dividends	0	0	0	0
Net Income	−4 053 000	−2 629 000	−2 716 000	−6 274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 354 000	1 604 000	1 854 000	2 104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	668 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	668 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 354 000	1 604 000	1 854 000	2 772 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	656 000	74 000	305 000	114 000
Total Current Assets	6 777 000	6 025 000	7 954 000	1 426 000
Total Assets	8 132 000	7 629 000	9 808 000	4 198 000
Total Equity	−6 207 000	−2 349 000	281 000	2 996 000
Short-Term Group Debt	2 741 000	0	0	0
Total Long-Term Debt	11 029 000	0	0	0
Creditors	75 000	6 805 000	3 958 000	995 000
Unpaid Taxes	202 000	12 000	40 000	52 000
Dividends	0	0	0	0
Other Current Debt	290 000	363 000	2 028 000	155 000
Total Current Debt	3 309 000	9 978 000	9 528 000	1 202 000
Total Equity and Debt	8 132 000	7 629 000	9 808 000	4 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,3 %	111,92 %	−966,55 %	−209,41 %
Debt-to-Equity Ratio	−1,78	−0	0	0
Operating Profit Margin	−747,6 %	−239,26 %	−44,26 %	−559,82 %
Current Ratio	2,05	0,6	0,83	1,19
Quick Ratio	2,05	0,6	0,83	1,19
Equity Ratio	−0,76	−0,31	0,03	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %