EDWARDS LIFESCIENCES NORDIC AB NORSK AVDELING AV UTENLANDSK FORETAK

0484 OSLO

Finances

Share Ownership

Return on Equity

24,2 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 843 000	135 925 000	138 708 000	117 505 000
Net Income	5 167 000	3 508 000	4 293 000	5 210 000
Total Assets	49 134 000	46 753 000	48 819 000	46 885 000
Total Equity	21 353 000	16 186 000	12 689 000	8 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 843 000	135 925 000	138 708 000	117 505 000
Expenditure	138 866 000	131 220 000	132 829 000	110 051 000
Operating Profit	6 977 000	4 706 000	5 880 000	7 453 000
Financial Income	17 000	21 000	47 000	9 000
Financial Costs	305 000	186 000	378 000	751 000
Financial Balance	−288 000	−165 000	−331 000	−742 000
Earnings Before Tax	6 690 000	4 541 000	5 548 000	6 711 000
Tax	1 523 000	1 033 000	1 256 000	1 501 000
Net Income	5 167 000	3 508 000	4 293 000	5 210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	176 000	81 000	82 000
Total Current Assets	49 021 000	46 577 000	48 738 000	46 802 000
Total Assets	49 134 000	46 753 000	48 819 000	46 885 000
Total Retained Equity	21 353 000	16 186 000	12 689 000	8 396 000
Total Equity	21 353 000	16 186 000	12 689 000	8 396 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 782 000	30 567 000	36 130 000	38 489 000
Total Equity and Debt	49 134 000	46 753 000	48 819 000	46 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 843 000	135 925 000	138 708 000	117 505 000
Other Income	0	0	0	0
Revenue	145 843 000	135 925 000	138 708 000	117 505 000
Cost of Goods Sold	119 787 000	114 958 000	117 427 000	96 471 000
Salary Costs	5 959 000	7 268 000	7 432 000	6 423 000
Depreciation	33 000	40 000	16 000	15 000
Impairment	0	0	0	0
Expenditure	138 866 000	131 220 000	132 829 000	110 051 000
Operating Profit	6 977 000	4 706 000	5 880 000	7 453 000
Financial Income	17 000	21 000	47 000	9 000
Financial Costs	305 000	186 000	378 000	751 000
Financial Balance	−288 000	−165 000	−331 000	−742 000
Dividends	0	0	0	0
Net Income	5 167 000	3 508 000	4 293 000	5 210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	15 000	13 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	69 000	137 000	45 000	50 000
Fixtures	0	0	0	0
Total Tangible Assets	69 000	137 000	45 000	50 000
Total Fiancial Fixed Assets	24 000	24 000	24 000	22 000
Total Fixed Assets	113 000	176 000	81 000	82 000
Stock	17 708 000	19 313 000	17 563 000	21 094 000
Total Investments	0	0	0	0
Cash, Bank	15 759 000	13 901 000	13 200 000	12 753 000
Total Current Assets	49 021 000	46 577 000	48 738 000	46 802 000
Total Assets	49 134 000	46 753 000	48 819 000	46 885 000
Total Equity	21 353 000	16 186 000	12 689 000	8 396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	52 000	216 000	66 000
Unpaid Taxes	6 895 000	6 472 000	7 312 000	5 823 000
Dividends	0	0	0	0
Other Current Debt	1 586 000	2 334 000	1 713 000	31 093 000
Total Current Debt	27 782 000	30 567 000	36 130 000	38 489 000
Total Equity and Debt	49 134 000	46 753 000	48 819 000	46 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,2 %	21,67 %	33,83 %	62,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,78 %	3,46 %	4,24 %	6,34 %
Current Ratio	1,76	1,52	1,35	1,22
Quick Ratio	4,87	4,14	2,62	2,69
Equity Ratio	0,43	0,35	0,26	0,18
Gross Profit Margin	17,87 %	15,43 %	15,34 %	17,9 %