MEDICVISION AS

4838 ARENDAL

Finances

Return on Equity

−8,85 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	41 000	18 000	0
Net Income	−696 000	−475 000	−324 000	−62 000
Total Assets	15 291 000	13 393 000	10 792 000	9 844 000
Total Equity	7 868 000	5 182 000	1 168 000	1 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	41 000	18 000	0
Expenditure	327 000	136 000	153 000	74 000
Operating Profit	−281 000	−95 000	−134 000	−74 000
Financial Income	0	0	97 000	13 000
Financial Costs	415 000	379 000	287 000	1 000
Financial Balance	−415 000	−379 000	−190 000	12 000
Earnings Before Tax	−696 000	−475 000	−324 000	−62 000
Tax	0	0	0	0
Net Income	−696 000	−475 000	−324 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 242 000	13 381 000	10 562 000	9 670 000
Total Current Assets	49 000	13 000	230 000	174 000
Total Assets	15 291 000	13 393 000	10 792 000	9 844 000
Total Retained Equity	1 888 000	−798 000	−324 000	0
Total Equity	7 868 000	5 182 000	1 168 000	1 492 000
Total Long-Term Debt	5 817 000	8 191 000	8 874 000	7 345 000
Total Current Debt	1 606 000	21 000	750 000	1 007 000
Total Equity and Debt	15 291 000	13 393 000	10 792 000	9 844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	45 000	41 000	18 000	0
Revenue	45 000	41 000	18 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	5 000	5 000
Impairment	0	0	0	0
Expenditure	327 000	136 000	153 000	74 000
Operating Profit	−281 000	−95 000	−134 000	−74 000
Financial Income	0	0	97 000	13 000
Financial Costs	415 000	379 000	287 000	1 000
Financial Balance	−415 000	−379 000	−190 000	12 000
Dividends	0	0	0	0
Net Income	−696 000	−475 000	−324 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	15 242 000	13 381 000	10 562 000	9 665 000
Total Fixed Assets	15 242 000	13 381 000	10 562 000	9 670 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	12 000	230 000	174 000
Total Current Assets	49 000	13 000	230 000	174 000
Total Assets	15 291 000	13 393 000	10 792 000	9 844 000
Total Equity	7 868 000	5 182 000	1 168 000	1 492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 817 000	8 191 000	8 874 000	7 345 000
Creditors	130 000	10 000	2 000	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 477 000	10 000	748 000	968 000
Total Current Debt	1 606 000	21 000	750 000	1 007 000
Total Equity and Debt	15 291 000	13 393 000	10 792 000	9 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,85 %	−9,17 %	−27,74 %	−4,16 %
Debt-to-Equity Ratio	0,74	1,58	7,6	4,92
Operating Profit Margin	−624,44 %	−231,71 %	−744,44 %	-
Current Ratio	0,03	0,62	0,31	0,17
Quick Ratio	0,03	0,62	0,31	0,17
Equity Ratio	0,51	0,39	0,11	0,15
Gross Profit Margin	100 %	100 %	100 %	-