ADVASAN MEDICAL GROUP AS

0275 OSLO

Finances

Share Ownership

Return on Equity

−42,5 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	0	106 000	24 000
Net Income	−17 000	−23 000	25 000	1 000
Total Assets	108 000	84 000	159 000	93 000
Total Equity	40 000	57 000	81 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	0	106 000	24 000
Expenditure	23 000	24 000	76 000	22 000
Operating Profit	−17 000	−24 000	29 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−17 000	−23 000	29 000	3 000
Tax	0	0	5 000	2 000
Net Income	−17 000	−23 000	25 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	108 000	84 000	159 000	93 000
Total Assets	108 000	84 000	159 000	93 000
Total Retained Equity	10 000	27 000	51 000	26 000
Total Equity	40 000	57 000	81 000	56 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	27 000	78 000	37 000
Total Equity and Debt	108 000	84 000	159 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	0	106 000	24 000
Other Income	0	0	0	0
Revenue	6 000	0	106 000	24 000
Cost of Goods Sold	9 000	6 000	49 000	−10 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	24 000	76 000	22 000
Operating Profit	−17 000	−24 000	29 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−17 000	−23 000	25 000	1 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	50 000	10 000	16 000	11 000
Total Investments	0	0	0	0
Cash, Bank	31 000	47 000	95 000	56 000
Total Current Assets	108 000	84 000	159 000	93 000
Total Assets	108 000	84 000	159 000	93 000
Total Equity	40 000	57 000	81 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	0	19 000	0
Unpaid Taxes	−2 000	−4 000	23 000	0
Dividends	0	0	0	0
Other Current Debt	31 000	31 000	31 000	35 000
Total Current Debt	68 000	27 000	78 000	37 000
Total Equity and Debt	108 000	84 000	159 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,5 %	−40,35 %	30,86 %	1,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−283,33 %	-	27,36 %	12,5 %
Current Ratio	1,59	3,11	2,04	2,51
Quick Ratio	6	4,94	2,56	3,58
Equity Ratio	0,37	0,68	0,51	0,6
Gross Profit Margin	−50 %	-	53,77 %	141,67 %