MAGI HÅRDESIGN AS

5170 BJØRNDALSTRÆ

Finances

Share Ownership

Return on Equity

26,11 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 336 000	1 382 000	1 265 000	0
Net Income	123 000	207 000	112 000	0
Total Assets	726 000	756 000	631 000	30 000
Total Equity	471 000	348 000	142 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 336 000	1 382 000	1 265 000
Expenditure	1 175 000	1 117 000	1 118 000
Operating Profit	161 000	266 000	146 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Earnings Before Tax	161 000	265 000	143 000
Tax	38 000	59 000	31 000
Net Income	123 000	207 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	103 000	108 000	0
Total Current Assets	658 000	653 000	523 000	30 000
Total Assets	726 000	756 000	631 000	30 000
Total Retained Equity	441 000	318 000	112 000	0
Total Equity	471 000	348 000	142 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	255 000	407 000	490 000	0
Total Equity and Debt	726 000	756 000	631 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 336 000	1 382 000	1 265 000
Other Income	0	0	0
Revenue	1 336 000	1 382 000	1 265 000
Cost of Goods Sold	114 000	138 000	131 000
Salary Costs	680 000	693 000	651 000
Depreciation	35 000	27 000	27 000
Impairment	0	0	0
Expenditure	1 175 000	1 117 000	1 118 000
Operating Profit	161 000	266 000	146 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Dividends	0	0	0
Net Income	123 000	207 000	112 000

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	68 000	103 000	108 000	0
Total Tangible Assets	68 000	103 000	108 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	103 000	108 000	0
Stock	137 000	138 000	131 000	0
Total Investments	0	0	0	0
Cash, Bank	516 000	507 000	385 000	30 000
Total Current Assets	658 000	653 000	523 000	30 000
Total Assets	726 000	756 000	631 000	30 000
Total Equity	471 000	348 000	142 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	28 000	−7 000	0
Unpaid Taxes	76 000	88 000	97 000	0
Dividends	0	0	0	0
Other Current Debt	138 000	232 000	368 000	0
Total Current Debt	255 000	407 000	490 000	0
Total Equity and Debt	726 000	756 000	631 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,11 %	59,48 %	78,87 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,05 %	19,25 %	11,54 %	-
Current Ratio	2,58	1,6	1,07	-
Quick Ratio	5,58	2,43	1,46	-
Equity Ratio	0,65	0,46	0,23	1
Gross Profit Margin	91,47 %	90,01 %	89,64 %	-