MEDVIND24 NÆRINGSHAGE AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

−7,83 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 527 000	4 814 000	3 967 000	3 790 000
Net Income	−127 000	149 000	89 000	72 000
Total Assets	2 587 000	2 812 000	2 500 000	2 223 000
Total Equity	1 623 000	1 751 000	1 602 000	1 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 527 000	4 814 000	3 967 000	3 790 000
Expenditure	4 690 000	4 630 000	3 865 000	3 727 000
Operating Profit	−163 000	184 000	103 000	63 000
Financial Income	30 000	9 000	14 000	32 000
Financial Costs	2 000	0	2 000	1 000
Financial Balance	28 000	9 000	12 000	31 000
Earnings Before Tax	−135 000	193 000	114 000	94 000
Tax	−8 000	44 000	25 000	22 000
Net Income	−127 000	149 000	89 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	79 000	101 000	123 000
Total Current Assets	2 530 000	2 734 000	2 399 000	2 100 000
Total Assets	2 587 000	2 812 000	2 500 000	2 223 000
Total Retained Equity	648 000	776 000	627 000	538 000
Total Equity	1 623 000	1 751 000	1 602 000	1 463 000
Total Long-Term Debt	0	8 000	10 000	12 000
Total Current Debt	963 000	1 053 000	888 000	748 000
Total Equity and Debt	2 587 000	2 812 000	2 500 000	2 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 344 000	970 000	1 317 000	1 085 000
Other Income	3 184 000	3 844 000	2 650 000	2 705 000
Revenue	4 527 000	4 814 000	3 967 000	3 790 000
Cost of Goods Sold	2 296 000	2 442 000	1 600 000	1 045 000
Salary Costs	1 822 000	1 760 000	1 791 000	2 015 000
Depreciation	22 000	22 000	22 000	18 000
Impairment	0	0	0	0
Expenditure	4 690 000	4 630 000	3 865 000	3 727 000
Operating Profit	−163 000	184 000	103 000	63 000
Financial Income	30 000	9 000	14 000	32 000
Financial Costs	2 000	0	2 000	1 000
Financial Balance	28 000	9 000	12 000	31 000
Dividends	0	0	0	0
Net Income	−127 000	149 000	89 000	72 000

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	57 000	79 000	101 000	123 000
Total Tangible Assets	57 000	79 000	101 000	123 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	79 000	101 000	123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 662 000	2 041 000	1 633 000	1 480 000
Total Current Assets	2 530 000	2 734 000	2 399 000	2 100 000
Total Assets	2 587 000	2 812 000	2 500 000	2 223 000
Total Equity	1 623 000	1 751 000	1 602 000	1 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	10 000	12 000
Creditors	676 000	392 000	315 000	252 000
Unpaid Taxes	106 000	65 000	111 000	185 000
Dividends	0	0	0	0
Other Current Debt	182 000	551 000	434 000	288 000
Total Current Debt	963 000	1 053 000	888 000	748 000
Total Equity and Debt	2 587 000	2 812 000	2 500 000	2 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,83 %	8,51 %	5,56 %	4,92 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	−3,6 %	3,82 %	2,6 %	1,66 %
Current Ratio	2,63	2,6	2,7	2,81
Quick Ratio	2,63	2,6	2,7	2,81
Equity Ratio	0,63	0,62	0,64	0,66
Gross Profit Margin	49,28 %	49,27 %	59,67 %	72,43 %