MAGNE SVEEN AS

2833 RAUFOSS

Finances

Return on Equity

1,84 %

Current Ratio

2,72

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 738 000	77 316 000	65 227 000	82 405 000
Net Income	143 000	3 012 000	117 000	111 000
Total Assets	32 082 000	35 118 000	37 696 000	42 136 000
Total Equity	7 764 000	22 621 000	25 929 000	30 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 738 000	77 316 000	65 227 000	82 405 000
Expenditure	37 230 000	41 879 000	36 870 000	34 885 000
Operating Profit	190 000	3 588 000	214 000	1 602 000
Financial Income	60 000	2 000	36 000	125 000
Financial Costs	57 000	77 000	88 000	84 000
Financial Balance	3 000	−75 000	−52 000	41 000
Earnings Before Tax	193 000	3 513 000	162 000	1 642 000
Tax	50 000	500 000	45 000	1 531 000
Net Income	143 000	3 012 000	117 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	596 000	337 000	128 000	62 000
Total Current Assets	31 485 000	34 781 000	37 568 000	42 074 000
Total Assets	32 082 000	35 118 000	37 696 000	42 136 000
Total Retained Equity	7 714 000	22 521 000	25 829 000	30 712 000
Total Equity	7 764 000	22 621 000	25 929 000	30 812 000
Total Long-Term Debt	12 750 000	0	0	0
Total Current Debt	11 567 000	12 497 000	11 766 000	11 324 000
Total Equity and Debt	32 082 000	35 118 000	37 696 000	42 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 738 000	77 316 000	65 227 000	82 405 000
Other Income	0	0	0	0
Revenue	64 738 000	77 316 000	65 227 000	82 405 000
Cost of Goods Sold	0	0	2 120 000	1 019 000
Salary Costs	24 807 000	26 180 000	22 665 000	20 920 000
Depreciation	40 000	0	0	0
Impairment	0	0	0	0
Expenditure	37 230 000	41 879 000	36 870 000	34 885 000
Operating Profit	190 000	3 588 000	214 000	1 602 000
Financial Income	60 000	2 000	36 000	125 000
Financial Costs	57 000	77 000	88 000	84 000
Financial Balance	3 000	−75 000	−52 000	41 000
Dividends	0	5 000 000	5 000 000	0
Net Income	143 000	3 012 000	117 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	287 000	337 000	128 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	227 000	0	0	0
Fixtures	82 000	0	0	0
Total Tangible Assets	310 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	596 000	337 000	128 000	62 000
Stock	5 303 000	3 009 000	2 036 000	2 463 000
Total Investments	0	0	0	0
Cash, Bank	5 399 000	11 732 000	8 377 000	17 677 000
Total Current Assets	31 485 000	34 781 000	37 568 000	42 074 000
Total Assets	32 082 000	35 118 000	37 696 000	42 136 000
Total Equity	7 764 000	22 621 000	25 929 000	30 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 750 000	0	0	0
Creditors	5 111 000	2 956 000	3 694 000	5 212 000
Unpaid Taxes	3 778 000	3 947 000	5 547 000	2 156 000
Dividends	0	5 000 000	5 000 000	0
Other Current Debt	2 679 000	4 884 000	2 414 000	2 195 000
Total Current Debt	11 567 000	12 497 000	11 766 000	11 324 000
Total Equity and Debt	32 082 000	35 118 000	37 696 000	42 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,84 %	13,32 %	0,45 %	0,36 %
Debt-to-Equity Ratio	1,64	0	0	0
Operating Profit Margin	0,29 %	4,64 %	0,33 %	1,94 %
Current Ratio	2,72	2,78	3,19	3,72
Quick Ratio	5,03	3,67	3,86	4,75
Equity Ratio	0,24	0,64	0,69	0,73
Gross Profit Margin	100 %	100 %	96,75 %	98,76 %