OBSERVE MEDICAL ASA financials

OBSERVE MEDICAL ASA

Country: NO Reporting currency: NOK Latest annual report: 2023-12-31
LEI: 9845005F38B74FFJ1B65
Source filing ↗
Financial statements (NOK, as reported — unscaled; 66 line items across 2 annual periods)
Line item 20232022
Income statement
Revenue NOK 27.9MNOK 19.5M
Gross profit NOK 9.3MNOK 5.2M
Operating expenses NOK 47.0MNOK 53.4M
Employee benefits expense NOK 26.0MNOK 28.5M
Raw materials & consumables used NOK 18.7MNOK 14.3M
Depreciation & amortisation NOK 13.6MNOK 10.9M
Operating profit (EBIT) -NOK 51.3M-NOK 59.1M
Net finance income / (cost) -NOK 9.1MNOK 8.4M
Finance costs NOK 16.6MNOK 10.7M
Profit before tax -NOK 60.3M-NOK 50.7M
Income tax expense NOK 17.0KNOK 76.0K
Profit for the year -NOK 60.4M-NOK 50.8M
— attributable to owners -NOK 60.4M-NOK 50.8M
Total comprehensive income -NOK 53.1M-NOK 53.3M
Per share
Basic EPS NOK -1.05NOK -1.08
Diluted EPS NOK -1.05NOK -1.08
Cash flow statement
Net cash from operating activities -NOK 24.5M-NOK 51.3M
Net cash from investing activities -NOK 7.6M-NOK 58.4M
Net cash from financing activities NOK 31.7MNOK 120.9M
Lease liability payments NOK 1.6MNOK 1.4M
Balance sheet
Total assets NOK 253.5MNOK 215.8M
Non-current assets NOK 226.3MNOK 186.9M
Property, plant & equipment NOK 2.0MNOK 4.2M
Intangible assets & goodwill NOK 102.3MNOK 100.0M
Current assets NOK 27.2MNOK 28.9M
Inventories NOK 6.9MNOK 8.1M
Trade & other receivables NOK 3.1MNOK 4.7M
Cash & equivalents NOK 13.7MNOK 13.6M
Total equity NOK 115.6MNOK 138.3M
Non-current liabilities NOK 77.0MNOK 5.3M
Long-term borrowings NOK 50.0MNOK 946.0K
Current liabilities NOK 60.9MNOK 72.2M
Short-term borrowings NOK 4.5MNOK 44.8M
Derived metrics
Operating margin -183.5%-303.0%
Net margin -216.0%-260.2%
Return on equity -52.2%-36.7%
Cash conversion ratio 0.41×1.01×
Other reported items
Adjustments For Decrease Increase In Inventories NOK 1.2M-NOK 294.0K
Adjustments For Decrease Increase In Trade and Other Receivables NOK 515.0K-NOK 1.9M
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss NOK 13.6MNOK 10.9M
Adjustments For Gain Loss On Disposals Property Plant and Equipment NOK 0NOK 320.0K
Adjustments For Increase Decrease In Trade and Other Payables NOK 13.2M-NOK 2.2M
Cash Flows From Used In Increase Decrease In Current Borrowings NOK 0-NOK 13.9M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities NOK 0NOK 54.0M
Comprehensive Income Attributable To Owners of Parent -NOK 53.1M-NOK 53.3M
Contingent Consideration Recognised As of Acquisition Date NOK 1.6MNOK 3.4M
Current Payables On Social Security and Taxes Other Than Income Tax NOK 10.6MNOK 6.1M
Current Tax Liabilities Current NOK 0NOK 51.0K
Effect of Exchange Rate Changes On Cash and Cash Equivalents NOK 377.0K-NOK 460.0K
Equity and Liabilities NOK 253.5MNOK 215.8M
Finance Income NOK 7.5MNOK 19.1M
Income Taxes Paid Refund Classified As Operating Activities -NOK 36.0KNOK 142.0K
Increase Decrease In Cash and Cash Equivalents NOK 36.0KNOK 10.8M
Increase Decrease Through Exercise of Options NOK 478.0KNOK 287.0K
Intangible Assets Other Than Goodwill NOK 122.0MNOK 82.8M
Issue of Equity NOK 29.9MNOK 205.4M
Issued Capital NOK 49.6MNOK 13.9M
Liabilities NOK 137.9MNOK 77.5M
Other Comprehensive Income Net of Tax Exchange Differences On Translation NOK 7.2M-NOK 2.5M
Other Current Liabilities NOK 28.0MNOK 12.7M
Other Expense By Nature NOK 21.0MNOK 24.9M
Other Noncurrent Assets NOK 32.0KNOK 0
Other Noncurrent Liabilities NOK 25.5MNOK 965.0K
Other Reserves NOK 66.0MNOK 124.4M
Proceeds From Issuing Shares NOK 28.5MNOK 155.6M
Trade and Other Current Payables To Trade Suppliers NOK 17.8MNOK 8.6M
Methodology

Every line item above is a fact tagged in OBSERVE MEDICAL ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (NOK), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.