CARGO MAGNET AS

3217 SANDEFJORD

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	10 000	0	0
Net Income	−25 000	−72 000	−21 000	−18 000
Total Assets	117 000	10 000	54 000	95 000
Total Equity	−100 000	−75 000	−15 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	10 000	0	0
Expenditure	143 000	82 000	21 000	18 000
Operating Profit	−25 000	−72 000	−21 000	−18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−25 000	−72 000	−21 000	−18 000
Tax	0	0	0	0
Net Income	−25 000	−72 000	−21 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	44 000	40 000
Total Current Assets	117 000	10 000	10 000	55 000
Total Assets	117 000	10 000	54 000	95 000
Total Retained Equity	−143 000	−117 000	−45 000	−24 000
Total Equity	−100 000	−75 000	−15 000	6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	217 000	85 000	69 000	89 000
Total Equity and Debt	117 000	10 000	54 000	95 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	118 000	10 000	0	0
Revenue	118 000	10 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	143 000	82 000	21 000	18 000
Operating Profit	−25 000	−72 000	−21 000	−18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−25 000	−72 000	−21 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	40 000
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	44 000	0
Total Fixed Assets	0	0	44 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	3 000	3 000	27 000
Total Current Assets	117 000	10 000	10 000	55 000
Total Assets	117 000	10 000	54 000	95 000
Total Equity	−100 000	−75 000	−15 000	6 000
Short-Term Group Debt	99 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	106 000	66 000	41 000	89 000
Unpaid Taxes	6 000	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	18 000	28 000	0
Total Current Debt	217 000	85 000	69 000	89 000
Total Equity and Debt	117 000	10 000	54 000	95 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	96 %	140 %	−300 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−21,19 %	−720 %	-	-
Current Ratio	0,54	0,12	0,14	0,62
Quick Ratio	0,54	0,12	0,14	0,62
Equity Ratio	−0,85	−7,5	−0,28	0,06
Gross Profit Margin	100 %	100 %	-	-