MEDIC IT AS

0667 OSLO

Finances

Share Ownership

Return on Equity

5,46 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 570 000	8 223 000	7 027 000	7 213 000
Net Income	40 000	−33 000	−429 000	503 000
Total Assets	1 834 000	3 182 000	3 390 000	3 772 000
Total Equity	733 000	1 388 000	1 421 000	1 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 570 000	8 223 000	7 027 000	7 213 000
Expenditure	7 509 000	8 235 000	7 653 000	6 315 000
Operating Profit	61 000	−11 000	−626 000	899 000
Financial Income	6 000	2 000	63 000	1 000
Financial Costs	4 000	21 000	4 000	200 000
Financial Balance	2 000	−19 000	59 000	−199 000
Earnings Before Tax	62 000	−31 000	−567 000	700 000
Tax	22 000	2 000	−138 000	197 000
Net Income	40 000	−33 000	−429 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	400 000	402 000	264 000
Total Current Assets	1 476 000	2 782 000	2 988 000	3 508 000
Total Assets	1 834 000	3 182 000	3 390 000	3 772 000
Total Retained Equity	683 000	1 288 000	1 321 000	1 750 000
Total Equity	733 000	1 388 000	1 421 000	1 850 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 100 000	1 794 000	1 969 000	1 922 000
Total Equity and Debt	1 834 000	3 182 000	3 390 000	3 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 471 000	8 124 000	6 970 000	7 111 000
Other Income	99 000	99 000	57 000	102 000
Revenue	7 570 000	8 223 000	7 027 000	7 213 000
Cost of Goods Sold	2 789 000	3 302 000	2 682 000	2 024 000
Salary Costs	3 439 000	3 911 000	3 731 000	3 362 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 509 000	8 235 000	7 653 000	6 315 000
Operating Profit	61 000	−11 000	−626 000	899 000
Financial Income	6 000	2 000	63 000	1 000
Financial Costs	4 000	21 000	4 000	200 000
Financial Balance	2 000	−19 000	59 000	−199 000
Dividends	0	0	0	0
Net Income	40 000	−33 000	−429 000	503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	143 000	146 000	8 000
Real Eastate	98 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	98 000	0	0	0
Total Fiancial Fixed Assets	139 000	256 000	256 000	256 000
Total Fixed Assets	358 000	400 000	402 000	264 000
Stock	457 000	556 000	510 000	587 000
Total Investments	0	0	0	0
Cash, Bank	748 000	771 000	2 034 000	1 239 000
Total Current Assets	1 476 000	2 782 000	2 988 000	3 508 000
Total Assets	1 834 000	3 182 000	3 390 000	3 772 000
Total Equity	733 000	1 388 000	1 421 000	1 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	276 000	118 000	268 000	519 000
Unpaid Taxes	198 000	482 000	570 000	539 000
Dividends	0	0	0	0
Other Current Debt	627 000	1 195 000	1 130 000	850 000
Total Current Debt	1 100 000	1 794 000	1 969 000	1 922 000
Total Equity and Debt	1 834 000	3 182 000	3 390 000	3 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,46 %	−2,38 %	−30,19 %	27,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,81 %	−0,13 %	−8,91 %	12,46 %
Current Ratio	1,34	1,55	1,52	1,83
Quick Ratio	2,3	2,25	2,05	2,63
Equity Ratio	0,4	0,44	0,42	0,49
Gross Profit Margin	63,16 %	59,84 %	61,83 %	71,94 %