PIOMED AS

4031 STAVANGER

Finances

Return on Equity

65,78 %

Current Ratio

13,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	188 000	384 000	557 000	38 000
Net Income	13 910 000	−227 000	5 687 000	1 957 000
Total Assets	22 416 000	9 659 000	12 249 000	6 968 000
Total Equity	21 146 000	8 735 000	11 963 000	6 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	188 000	384 000	557 000	38 000
Expenditure	785 000	681 000	901 000	146 000
Operating Profit	−597 000	−296 000	−345 000	−108 000
Financial Income	14 507 000	343 000	6 031 000	2 065 000
Financial Costs	0	275 000	0	0
Financial Balance	14 507 000	68 000	6 031 000	2 065 000
Earnings Before Tax	13 910 000	−227 000	5 687 000	1 957 000
Tax	0	0	0	0
Net Income	13 910 000	−227 000	5 687 000	1 957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 331 000	7 608 000	7 887 000	5 177 000
Total Current Assets	16 085 000	2 051 000	4 361 000	1 791 000
Total Assets	22 416 000	9 659 000	12 249 000	6 968 000
Total Retained Equity	21 110 000	8 700 000	11 927 000	6 840 000
Total Equity	21 146 000	8 735 000	11 963 000	6 876 000
Total Long-Term Debt	97 000	0	0	0
Total Current Debt	1 173 000	924 000	286 000	92 000
Total Equity and Debt	22 416 000	9 659 000	12 249 000	6 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	188 000	362 000	557 000	38 000
Other Income	0	22 000	0	0
Revenue	188 000	384 000	557 000	38 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	324 000	520 000	771 000	34 000
Depreciation	212 000	27 000	96 000	56 000
Impairment	0	0	0	0
Expenditure	785 000	681 000	901 000	146 000
Operating Profit	−597 000	−296 000	−345 000	−108 000
Financial Income	14 507 000	343 000	6 031 000	2 065 000
Financial Costs	0	275 000	0	0
Financial Balance	14 507 000	68 000	6 031 000	2 065 000
Dividends	0	0	0	150 000
Net Income	13 910 000	−227 000	5 687 000	1 957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	292 000	504 000	329 000	425 000
Total Tangible Assets	292 000	504 000	329 000	425 000
Total Fiancial Fixed Assets	5 998 000	7 105 000	7 559 000	4 752 000
Total Fixed Assets	6 331 000	7 608 000	7 887 000	5 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 089 000	1 624 000	3 680 000	1 234 000
Total Current Assets	16 085 000	2 051 000	4 361 000	1 791 000
Total Assets	22 416 000	9 659 000	12 249 000	6 968 000
Total Equity	21 146 000	8 735 000	11 963 000	6 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	97 000	0	0	0
Creditors	0	0	1 000	61 000
Unpaid Taxes	44 000	28 000	110 000	18 000
Dividends	0	0	0	150 000
Other Current Debt	1 130 000	895 000	176 000	13 000
Total Current Debt	1 173 000	924 000	286 000	92 000
Total Equity and Debt	22 416 000	9 659 000	12 249 000	6 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,78 %	−2,6 %	47,54 %	28,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−317,55 %	−77,08 %	−61,94 %	−284,21 %
Current Ratio	13,71	2,22	15,25	19,47
Quick Ratio	13,71	2,22	15,25	19,47
Equity Ratio	0,94	0,9	0,98	0,99
Gross Profit Margin	100 %	100 %	99,82 %	100 %