MEDICAL NORGE AS

3440 RØYKEN

Finances

Share Ownership

Return on Equity

18,95 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 019 000	1 231 000	1 139 000	1 615 000
Net Income	271 000	29 000	88 000	17 000
Total Assets	1 944 000	1 522 000	1 442 000	1 837 000
Total Equity	1 430 000	1 160 000	1 119 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 019 000	1 231 000	1 139 000	1 615 000
Expenditure	673 000	1 193 000	1 023 000	1 581 000
Operating Profit	347 000	37 000	116 000	33 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	1 000	2 000	10 000
Financial Balance	0	0	−1 000	−9 000
Earnings Before Tax	347 000	37 000	116 000	24 000
Tax	76 000	8 000	27 000	7 000
Net Income	271 000	29 000	88 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	409 000	693 000	1 106 000	1 475 000
Total Current Assets	1 535 000	830 000	336 000	362 000
Total Assets	1 944 000	1 522 000	1 442 000	1 837 000
Total Retained Equity	1 330 000	1 060 000	1 019 000	930 000
Total Equity	1 430 000	1 160 000	1 119 000	1 030 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	514 000	363 000	323 000	806 000
Total Equity and Debt	1 944 000	1 522 000	1 442 000	1 837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 019 000	1 231 000	1 139 000	1 595 000
Other Income	0	0	0	20 000
Revenue	1 019 000	1 231 000	1 139 000	1 615 000
Cost of Goods Sold	0	1 000	22 000	106 000
Salary Costs	29 000	19 000	27 000	24 000
Depreciation	277 000	350 000	357 000	354 000
Impairment	0	0	0	0
Expenditure	673 000	1 193 000	1 023 000	1 581 000
Operating Profit	347 000	37 000	116 000	33 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	1 000	2 000	10 000
Financial Balance	0	0	−1 000	−9 000
Dividends	0	0	0	0
Net Income	271 000	29 000	88 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	106 000	86 000	24 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	11 000	18 000	26 000
Fixtures	255 000	525 000	1 034 000	1 383 000
Total Tangible Assets	259 000	535 000	1 052 000	1 409 000
Total Fiancial Fixed Assets	44 000	71 000	30 000	57 000
Total Fixed Assets	409 000	693 000	1 106 000	1 475 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	397 000	830 000	210 000	362 000
Total Current Assets	1 535 000	830 000	336 000	362 000
Total Assets	1 944 000	1 522 000	1 442 000	1 837 000
Total Equity	1 430 000	1 160 000	1 119 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	32 000	41 000	37 000
Unpaid Taxes	260 000	18 000	−39 000	−61 000
Dividends	0	0	0	0
Other Current Debt	143 000	250 000	279 000	825 000
Total Current Debt	514 000	363 000	323 000	806 000
Total Equity and Debt	1 944 000	1 522 000	1 442 000	1 837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,95 %	2,5 %	7,86 %	1,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,05 %	3,01 %	10,18 %	2,04 %
Current Ratio	2,99	2,29	1,04	0,45
Quick Ratio	2,99	2,29	1,04	0,45
Equity Ratio	0,74	0,76	0,78	0,56
Gross Profit Margin	100 %	99,92 %	98,07 %	93,44 %