MAGEHAND AS

1408 KRÅKSTAD

Finances

Return on Equity

1,75 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	48 000	98 000	124 000
Net Income	1 000	−15 000	4 000	21 000
Total Assets	79 000	78 000	79 000	76 000
Total Equity	57 000	56 000	71 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	48 000	98 000	124 000
Expenditure	49 000	63 000	93 000	97 000
Operating Profit	1 000	−15 000	5 000	27 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	1 000	−15 000	5 000	27 000
Tax	0	0	1 000	6 000
Net Income	1 000	−15 000	4 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	79 000	78 000	79 000	76 000
Total Assets	79 000	78 000	79 000	76 000
Total Retained Equity	27 000	31 000	47 000	43 000
Total Equity	57 000	56 000	71 000	67 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 000	22 000	8 000	9 000
Total Equity and Debt	79 000	78 000	79 000	76 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	48 000	98 000	124 000
Other Income	0	0	0	0
Revenue	51 000	48 000	98 000	124 000
Cost of Goods Sold	2 000	5 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	63 000	93 000	97 000
Operating Profit	1 000	−15 000	5 000	27 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	1 000	−15 000	4 000	21 000

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	0	0	0	0
Total Investments	21 000	21 000	33 000	33 000
Cash, Bank	31 000	25 000	17 000	4 000
Total Current Assets	79 000	78 000	79 000	76 000
Total Assets	79 000	78 000	79 000	76 000
Total Equity	57 000	56 000	71 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	9 000	4 000	3 000
Unpaid Taxes	6 000	2 000	−4 000	0
Dividends	0	0	0	0
Other Current Debt	14 000	11 000	6 000	−1 000
Total Current Debt	23 000	22 000	8 000	9 000
Total Equity and Debt	79 000	78 000	79 000	76 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,75 %	−26,79 %	5,63 %	31,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,96 %	−31,25 %	5,1 %	21,77 %
Current Ratio	3,43	3,55	9,88	8,44
Quick Ratio	3,43	3,55	9,88	8,44
Equity Ratio	0,72	0,72	0,9	0,88
Gross Profit Margin	96,08 %	89,58 %	100 %	100 %