SETRED MEDICAL TECHNOLOGY AS

0377 OSLO

Finances

Share Ownership

Return on Equity

−108,05 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 960 000	−2 637 000	−5 397 000	−5 709 000
Total Assets	4 014 000	4 356 000	4 532 000	3 213 000
Total Equity	1 814 000	3 774 000	2 211 000	−25 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 978 000	2 478 000	2 421 000	3 725 000
Operating Profit	−1 978 000	−2 479 000	−2 420 000	−3 725 000
Financial Income	26 000	9 000	0	0
Financial Costs	8 000	167 000	2 977 000	1 983 000
Financial Balance	18 000	−158 000	−2 977 000	−1 983 000
Earnings Before Tax	−1 960 000	−2 637 000	−5 397 000	−5 709 000
Tax	0	0	0	0
Net Income	−1 960 000	−2 637 000	−5 397 000	−5 709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 700 000	2 714 000	2 329 000	3 171 000
Total Current Assets	314 000	1 642 000	2 203 000	42 000
Total Assets	4 014 000	4 356 000	4 532 000	3 213 000
Total Retained Equity	−44 429 000	−42 469 000	−39 832 000	−34 435 000
Total Equity	1 814 000	3 774 000	2 211 000	−25 902 000
Total Long-Term Debt	1 650 000	0	485 000	27 882 000
Total Current Debt	550 000	582 000	1 836 000	1 233 000
Total Equity and Debt	4 014 000	4 356 000	4 532 000	3 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	635 000	2 276 000
Salary Costs	1 068 000	725 000	326 000	0
Depreciation	5 000	41 000	61 000	55 000
Impairment	496 000	1 383 000	1 282 000	1 297 000
Expenditure	1 978 000	2 478 000	2 421 000	3 725 000
Operating Profit	−1 978 000	−2 479 000	−2 420 000	−3 725 000
Financial Income	26 000	9 000	0	0
Financial Costs	8 000	167 000	2 977 000	1 983 000
Financial Balance	18 000	−158 000	−2 977 000	−1 983 000
Dividends	0	0	0	0
Net Income	−1 960 000	−2 637 000	−5 397 000	−5 709 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 597 000	2 606 000	2 179 000	3 079 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	108 000	150 000	92 000
Total Tangible Assets	103 000	108 000	150 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 700 000	2 714 000	2 329 000	3 171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	249 000	1 619 000	2 183 000	42 000
Total Current Assets	314 000	1 642 000	2 203 000	42 000
Total Assets	4 014 000	4 356 000	4 532 000	3 213 000
Total Equity	1 814 000	3 774 000	2 211 000	−25 902 000
Short-Term Group Debt	0	0	1 585 000	210 000
Total Long-Term Debt	1 650 000	0	485 000	27 882 000
Creditors	101 000	221 000	85 000	313 000
Unpaid Taxes	91 000	87 000	0	0
Dividends	0	0	0	0
Other Current Debt	357 000	274 000	167 000	710 000
Total Current Debt	550 000	582 000	1 836 000	1 233 000
Total Equity and Debt	4 014 000	4 356 000	4 532 000	3 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−108,05 %	−69,87 %	−244,1 %	22,04 %
Debt-to-Equity Ratio	0,91	0	0,22	−1,08
Operating Profit Margin	-	-	-	-
Current Ratio	0,57	2,82	1,2	0,03
Quick Ratio	0,57	2,82	1,2	0,03
Equity Ratio	0,45	0,87	0,49	−8,06
Gross Profit Margin	-	-	-	-