MED-NETT AS

1363 HØVIK

Finances

Return on Equity

−15,61 %

Current Ratio

2,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	818 000	691 000	1 097 000	940 000
Net Income	−37 000	−53 000	75 000	30 000
Total Assets	277 000	385 000	411 000	267 000
Total Equity	237 000	252 000	290 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	818 000	691 000	1 097 000	940 000
Expenditure	298 000	707 000	1 024 000	925 000
Operating Profit	61 000	−16 000	72 000	14 000
Financial Income	18 000	349 000	384 000	30 000
Financial Costs	117 000	386 000	364 000	12 000
Financial Balance	−99 000	−37 000	20 000	18 000
Earnings Before Tax	−37 000	−53 000	92 000	32 000
Tax	0	0	17 000	3 000
Net Income	−37 000	−53 000	75 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	0	98 000	−8 000
Total Current Assets	111 000	385 000	313 000	275 000
Total Assets	277 000	385 000	411 000	267 000
Total Retained Equity	−3 000	222 000	260 000	184 000
Total Equity	237 000	252 000	290 000	214 000
Total Long-Term Debt	0	0	1 000	4 000
Total Current Debt	40 000	132 000	120 000	53 000
Total Equity and Debt	277 000	385 000	411 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	818 000	691 000	1 097 000	940 000
Other Income	0	0	0	0
Revenue	818 000	691 000	1 097 000	940 000
Cost of Goods Sold	0	386 000	668 000	525 000
Salary Costs	120 000	131 000	123 000	168 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	298 000	707 000	1 024 000	925 000
Operating Profit	61 000	−16 000	72 000	14 000
Financial Income	18 000	349 000	384 000	30 000
Financial Costs	117 000	386 000	364 000	12 000
Financial Balance	−99 000	−37 000	20 000	18 000
Dividends	0	0	0	0
Net Income	−37 000	−53 000	75 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	165 000	0	94 000	−8 000
Total Fixed Assets	165 000	0	98 000	−8 000
Stock	0	41 000	8 000	19 000
Total Investments	0	281 000	0	0
Cash, Bank	85 000	17 000	94 000	168 000
Total Current Assets	111 000	385 000	313 000	275 000
Total Assets	277 000	385 000	411 000	267 000
Total Equity	237 000	252 000	290 000	214 000
Short-Term Group Debt	0	14 000	0	0
Total Long-Term Debt	0	0	1 000	4 000
Creditors	3 000	2 000	3 000	2 000
Unpaid Taxes	14 000	23 000	80 000	31 000
Dividends	0	0	0	0
Other Current Debt	10 000	59 000	17 000	18 000
Total Current Debt	40 000	132 000	120 000	53 000
Total Equity and Debt	277 000	385 000	411 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,61 %	−21,03 %	25,86 %	14,02 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	7,46 %	−2,32 %	6,56 %	1,49 %
Current Ratio	2,78	2,92	2,61	5,19
Quick Ratio	2,78	4,23	2,79	8,09
Equity Ratio	0,86	0,65	0,71	0,8
Gross Profit Margin	100 %	44,14 %	39,11 %	44,15 %