MAGNAR EIKELAND GRUPPEN AS

4050 SOLA

Finances

Return on Equity

5,34 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Net Income	854 000	−2 902 000	−899 000	−711 000
Total Assets	48 905 000	46 612 000	45 998 000	48 324 000
Total Equity	15 992 000	14 826 000	17 728 000	18 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Expenditure	109 526 000	108 527 000	100 683 000	106 005 000
Operating Profit	−1 695 000	−2 606 000	1 804 000	−2 453 000
Financial Income	3 134 000	−63 000	−1 435 000	1 736 000
Financial Costs	1 214 000	1 024 000	1 106 000	672 000
Financial Balance	1 920 000	−1 087 000	−2 541 000	1 064 000
Earnings Before Tax	226 000	−3 692 000	−737 000	−1 389 000
Tax	−628 000	−790 000	163 000	−678 000
Net Income	854 000	−2 902 000	−899 000	−711 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 042 000	16 953 000	16 727 000	18 849 000
Total Current Assets	28 864 000	29 659 000	29 271 000	29 474 000
Total Assets	48 905 000	46 612 000	45 998 000	48 324 000
Total Retained Equity	−13 569 000	0	−11 833 000	−10 934 000
Total Equity	15 992 000	14 826 000	17 728 000	18 627 000
Total Long-Term Debt	7 241 000	4 963 000	7 000 000	2 516 000
Total Current Debt	25 672 000	26 823 000	21 270 000	27 180 000
Total Equity and Debt	48 905 000	46 612 000	45 998 000	48 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 831 000	105 921 000	102 487 000	103 552 000
Other Income	0	0	0	0
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Cost of Goods Sold	61 645 000	61 618 000	58 034 000	59 559 000
Salary Costs	28 924 000	30 552 000	27 021 000	29 176 000
Depreciation	1 054 000	1 222 000	1 205 000	1 619 000
Impairment	0	0	0	0
Expenditure	109 526 000	108 527 000	100 683 000	106 005 000
Operating Profit	−1 695 000	−2 606 000	1 804 000	−2 453 000
Financial Income	3 134 000	−63 000	−1 435 000	1 736 000
Financial Costs	1 214 000	1 024 000	1 106 000	672 000
Financial Balance	1 920 000	−1 087 000	−2 541 000	1 064 000
Dividends	0	0	0	0
Net Income	854 000	−2 902 000	−899 000	−711 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 494 000	1 873 000	1 083 000	1 246 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 916 000	2 553 000	3 030 000	3 524 000
Total Tangible Assets	1 916 000	2 553 000	3 030 000	3 524 000
Total Fiancial Fixed Assets	15 632 000	12 528 000	12 614 000	14 079 000
Total Fixed Assets	20 042 000	16 953 000	16 727 000	18 849 000
Stock	14 623 000	15 909 000	16 953 000	16 211 000
Total Investments	0	0	0	0
Cash, Bank	766 000	1 139 000	1 191 000	1 080 000
Total Current Assets	28 864 000	29 659 000	29 271 000	29 474 000
Total Assets	48 905 000	46 612 000	45 998 000	48 324 000
Total Equity	15 992 000	14 826 000	17 728 000	18 627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 241 000	4 963 000	7 000 000	2 516 000
Creditors	10 689 000	11 123 000	4 718 000	12 091 000
Unpaid Taxes	2 646 000	4 395 000	4 205 000	3 573 000
Dividends	0	0	0	0
Other Current Debt	6 773 000	6 960 000	7 456 000	3 123 000
Total Current Debt	25 672 000	26 823 000	21 270 000	27 180 000
Total Equity and Debt	48 905 000	46 612 000	45 998 000	48 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,34 %	−19,57 %	−5,07 %	−3,82 %
Debt-to-Equity Ratio	0,45	0,33	0,39	0,14
Operating Profit Margin	−1,57 %	−2,46 %	1,76 %	−2,37 %
Current Ratio	1,12	1,11	1,38	1,08
Quick Ratio	2,61	2,72	6,78	2,69
Equity Ratio	0,33	0,32	0,39	0,39
Gross Profit Margin	42,83 %	41,83 %	43,37 %	42,48 %