CARDIACCS AS

0349 OSLO

Finances

Return on Equity

−20,04 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 883 000	5 147 000	7 454 000	4 288 000
Net Income	−2 365 000	−2 970 000	−1 212 000	−2 302 000
Total Assets	18 275 000	21 885 000	12 620 000	8 928 000
Total Equity	11 799 000	11 617 000	7 157 000	2 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 883 000	5 147 000	7 454 000	4 288 000
Expenditure	10 195 000	7 785 000	8 390 000	6 582 000
Operating Profit	−2 311 000	−2 638 000	−936 000	−2 295 000
Financial Income	50 000	27 000	65 000	27 000
Financial Costs	104 000	359 000	341 000	34 000
Financial Balance	−54 000	−332 000	−276 000	−7 000
Earnings Before Tax	−2 365 000	−2 970 000	−1 212 000	−2 302 000
Tax	0	0	0	0
Net Income	−2 365 000	−2 970 000	−1 212 000	−2 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 193 000	4 306 000	2 271 000	0
Total Current Assets	14 082 000	17 578 000	10 350 000	8 928 000
Total Assets	18 275 000	21 885 000	12 620 000	8 928 000
Total Retained Equity	−6 527 000	−4 162 000	−1 192 000	0
Total Equity	11 799 000	11 617 000	7 157 000	2 701 000
Total Long-Term Debt	0	436 000	0	0
Total Current Debt	6 475 000	9 831 000	5 463 000	6 226 000
Total Equity and Debt	18 275 000	21 885 000	12 620 000	8 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	271 000	309 000
Other Income	7 883 000	5 147 000	7 183 000	3 979 000
Revenue	7 883 000	5 147 000	7 454 000	4 288 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	4 979 000	4 342 000	3 383 000	2 073 000
Depreciation	2 269 000	785 000	111 000	0
Impairment	0	0	0	0
Expenditure	10 195 000	7 785 000	8 390 000	6 582 000
Operating Profit	−2 311 000	−2 638 000	−936 000	−2 295 000
Financial Income	50 000	27 000	65 000	27 000
Financial Costs	104 000	359 000	341 000	34 000
Financial Balance	−54 000	−332 000	−276 000	−7 000
Dividends	0	0	0	0
Net Income	−2 365 000	−2 970 000	−1 212 000	−2 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 193 000	4 306 000	2 271 000	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	0	0	0	0
Total Fixed Assets	4 193 000	4 306 000	2 271 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 314 000	13 967 000	6 502 000	8 005 000
Total Current Assets	14 082 000	17 578 000	10 350 000	8 928 000
Total Assets	18 275 000	21 885 000	12 620 000	8 928 000
Total Equity	11 799 000	11 617 000	7 157 000	2 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	436 000	0	0
Creditors	825 000	1 118 000	984 000	340 000
Unpaid Taxes	1 013 000	240 000	255 000	156 000
Dividends	0	0	0	0
Other Current Debt	4 637 000	8 474 000	4 225 000	5 731 000
Total Current Debt	6 475 000	9 831 000	5 463 000	6 226 000
Total Equity and Debt	18 275 000	21 885 000	12 620 000	8 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,04 %	−25,57 %	−16,93 %	−85,23 %
Debt-to-Equity Ratio	0	0,04	0	0
Operating Profit Margin	−29,32 %	−51,25 %	−12,56 %	−53,52 %
Current Ratio	2,17	1,79	1,89	1,43
Quick Ratio	2,17	1,79	1,89	1,43
Equity Ratio	0,65	0,53	0,57	0,3
Gross Profit Margin	100 %	100 %	100 %	99,86 %