MAGNE PEDERSEN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

57,14 %

Current Ratio

3,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 355 000	2 456 000	6 699 000	9 061 000
Net Income	1 196 000	650 000	215 000	1 938 000
Total Assets	2 828 000	1 656 000	6 716 000	7 712 000
Total Equity	2 093 000	897 000	5 447 000	5 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 355 000	2 456 000	6 699 000	9 061 000
Expenditure	1 189 000	1 628 000	4 509 000	6 630 000
Operating Profit	1 166 000	829 000	2 191 000	2 431 000
Financial Income	225 000	0	7 000	89 000
Financial Costs	1 000	1 000	1 512 000	38 000
Financial Balance	224 000	−1 000	−1 505 000	51 000
Earnings Before Tax	1 390 000	829 000	686 000	2 482 000
Tax	194 000	179 000	471 000	544 000
Net Income	1 196 000	650 000	215 000	1 938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	5 000	1 486 000
Total Current Assets	2 828 000	1 656 000	6 711 000	6 226 000
Total Assets	2 828 000	1 656 000	6 716 000	7 712 000
Total Retained Equity	1 993 000	797 000	5 347 000	5 132 000
Total Equity	2 093 000	897 000	5 447 000	5 232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	735 000	759 000	1 268 000	2 480 000
Total Equity and Debt	2 828 000	1 656 000	6 716 000	7 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 355 000	2 456 000	6 689 000	9 061 000
Other Income	0	0	10 000	0
Revenue	2 355 000	2 456 000	6 699 000	9 061 000
Cost of Goods Sold	0	13 000	2 636 000	4 358 000
Salary Costs	715 000	1 239 000	1 198 000	1 282 000
Depreciation	0	5 000	10 000	13 000
Impairment	0	0	0	0
Expenditure	1 189 000	1 628 000	4 509 000	6 630 000
Operating Profit	1 166 000	829 000	2 191 000	2 431 000
Financial Income	225 000	0	7 000	89 000
Financial Costs	1 000	1 000	1 512 000	38 000
Financial Balance	224 000	−1 000	−1 505 000	51 000
Dividends	0	0	0	0
Net Income	1 196 000	650 000	215 000	1 938 000

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	5 000	15 000
Total Tangible Assets	0	0	5 000	15 000
Total Fiancial Fixed Assets	0	0	0	1 471 000
Total Fixed Assets	0	0	5 000	1 486 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 151 000	1 135 000	5 945 000	4 884 000
Total Current Assets	2 828 000	1 656 000	6 711 000	6 226 000
Total Assets	2 828 000	1 656 000	6 716 000	7 712 000
Total Equity	2 093 000	897 000	5 447 000	5 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	322 000	863 000
Unpaid Taxes	139 000	247 000	181 000	270 000
Dividends	0	0	0	0
Other Current Debt	397 000	332 000	294 000	803 000
Total Current Debt	735 000	759 000	1 268 000	2 480 000
Total Equity and Debt	2 828 000	1 656 000	6 716 000	7 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,14 %	72,46 %	3,95 %	37,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	49,51 %	33,75 %	32,71 %	26,83 %
Current Ratio	3,85	2,18	5,29	2,51
Quick Ratio	3,85	2,18	5,29	2,51
Equity Ratio	0,74	0,54	0,81	0,68
Gross Profit Margin	100 %	99,47 %	60,65 %	51,9 %