PALION MEDICAL AS

Operating

Utvikle, markedsføre og selge navigasjonsbaserte løsninger, kirurgiske operasjonsinstrument, utvikling av produkter innen nevromedisin, samt å drive konsulentvirksomhet innen nevnte områder.

Utvikle, markedsføre og selge navigasjonsbaserte løsninger, kirurgiske operasjonsinstrument og produkter innen nevromedisin. Videre skal det drives konsulentvirksomhet innen ovenfornevnte områder.

Keywords

pharmaceuticalshospital equipmentorthopedic articles

Organization

CEO: DM
David Michael Barnes1977
Chairman of the board: DM
David Michael Barnes1977
Years since formation: 7 years; since May 27, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 202,146; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2024: 3,409,841; NOK
Annual total result 2024: -25,206,564; NOK
Total equity 2024: -18,362,776; NOK

Last update: Dec 12, 2025

Management

Management / administration

Name	Role	Shares
DM David Michael Barnes 1977	Managing Director/CEO	-

Board

Name	Role	Shares
DM David Michael Barnes 1977	Chairman	-

Others

Name	Role	Shares
O ORKLA REVISJON AS	Auditor	-
M MILI ØKONOMI AS	Accountant	-

Last update: Feb 5, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AM As Manscience	Ordinary shares	202,146	100 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2021
Total operating income	3,409,841	37,954	3,806,395
Annual Total Result	-25,206,564	-1,772,696	-2,179,150
Total assets	107,699	25,483,269	16,152,878
Total liabilities	18,470,475	18,639,481	874,167
Total equity	-18,362,776	6,843,788	15,278,711

P&L

Year	2024	2023	2021
Total operating income	3,409,841	37,954	3,806,395
Total operating costs	27,237,265	637,299	5,954,240
Operating result	-23,827,424	-599,346	-2,147,845
Financial income/costs	-1,379,140	-1,173,350	-31,305
Profit before tax	-25,206,564	-1,772,696	-2,179,150
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-25,206,564	-1,772,696	-2,179,150

Balance overview

Year	2024	2023	2021
Total fixed assets	15,770	24,741,304	8,913,408
Total current assets	91,928	741,965	7,239,470
Total assets	107,699	25,483,269	16,152,878
Short term debt	2,046,075	1,609,944	874,167
Long term debt	16,424,400	17,029,538	0
Total liabilities	18,470,475	18,639,481	874,167
Contributed capital	8,616,483	8,616,483	15,278,711
Retained earnings	-26,979,260	-1,772,696	0
Total equity	-18,362,776	6,843,788	15,278,711
Total equity and liabilities	107,699	25,483,269	16,152,878

Classification

21st company classification

BETA

Small company

PALION MEDICAL AS922 810 583