ENTREPRENØR MAGNAR SIVERTSEN AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

−733,51 %

Current Ratio

1,28

Debt-to-Equity Ratio

18,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 522 000	180 568 000	200 206 000	190 599 000
Net Income	−9 543 000	−5 253 000	−20 920 000	2 080 000
Total Assets	69 761 000	71 335 000	90 812 000	69 026 000
Total Equity	1 301 000	10 844 000	13 612 000	10 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 522 000	180 568 000	200 206 000	190 599 000
Expenditure	207 896 000	185 068 000	233 078 000	187 667 000
Operating Profit	−8 373 000	−4 500 000	−32 872 000	2 932 000
Financial Income	5 000	20 000	112 000	130 000
Financial Costs	1 175 000	773 000	1 304 000	394 000
Financial Balance	−1 170 000	−753 000	−1 192 000	−264 000
Earnings Before Tax	−9 543 000	−5 253 000	−34 064 000	2 668 000
Tax	0	0	−13 144 000	588 000
Net Income	−9 543 000	−5 253 000	−20 920 000	2 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 471 000	13 501 000	16 259 000	8 988 000
Total Current Assets	57 291 000	57 834 000	74 553 000	60 038 000
Total Assets	69 761 000	71 335 000	90 812 000	69 026 000
Total Retained Equity	0	0	0	8 473 000
Total Equity	1 301 000	10 844 000	13 612 000	10 881 000
Total Long-Term Debt	23 564 000	2 712 000	4 801 000	10 749 000
Total Current Debt	44 897 000	57 778 000	72 399 000	47 396 000
Total Equity and Debt	69 761 000	71 335 000	90 812 000	69 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 522 000	180 568 000	200 206 000	190 599 000
Other Income	0	0	0	0
Revenue	199 522 000	180 568 000	200 206 000	190 599 000
Cost of Goods Sold	140 668 000	111 080 000	144 559 000	138 704 000
Salary Costs	50 876 000	57 041 000	73 519 000	36 752 000
Depreciation	2 204 000	2 918 000	3 084 000	3 087 000
Impairment	0	0	0	0
Expenditure	207 896 000	185 068 000	233 078 000	187 667 000
Operating Profit	−8 373 000	−4 500 000	−32 872 000	2 932 000
Financial Income	5 000	20 000	112 000	130 000
Financial Costs	1 175 000	773 000	1 304 000	394 000
Financial Balance	−1 170 000	−753 000	−1 192 000	−264 000
Dividends	0	0	0	0
Net Income	−9 543 000	−5 253 000	−20 920 000	2 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 821 000	8 821 000	8 821 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 600 000	3 155 000	5 635 000	7 649 000
Fixtures	2 050 000	1 517 000	1 040 000	339 000
Total Tangible Assets	3 649 000	4 671 000	6 675 000	7 988 000
Total Fiancial Fixed Assets	0	9 000	763 000	1 000 000
Total Fixed Assets	12 471 000	13 501 000	16 259 000	8 988 000
Stock	0	505 000	505 000	291 000
Total Investments	0	0	0	0
Cash, Bank	2 152 000	2 294 000	7 285 000	1 829 000
Total Current Assets	57 291 000	57 834 000	74 553 000	60 038 000
Total Assets	69 761 000	71 335 000	90 812 000	69 026 000
Total Equity	1 301 000	10 844 000	13 612 000	10 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 564 000	2 712 000	4 801 000	10 749 000
Creditors	26 383 000	37 327 000	48 127 000	30 665 000
Unpaid Taxes	5 072 000	7 117 000	9 971 000	4 390 000
Dividends	0	0	0	0
Other Current Debt	8 362 000	6 509 000	9 254 000	7 629 000
Total Current Debt	44 897 000	57 778 000	72 399 000	47 396 000
Total Equity and Debt	69 761 000	71 335 000	90 812 000	69 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−733,51 %	−48,44 %	−153,69 %	19,12 %
Debt-to-Equity Ratio	18,11	0,25	0,35	0,99
Operating Profit Margin	−4,2 %	−2,49 %	−16,42 %	1,54 %
Current Ratio	1,28	1	1,03	1,27
Quick Ratio	1,28	1,01	1,04	1,27
Equity Ratio	0,02	0,15	0,15	0,16
Gross Profit Margin	29,5 %	38,48 %	27,79 %	27,23 %