MAGMA PROJECTS AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

3,62 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 155 000	1 031 000	3 058 000
Net Income	10 000	447 000	−50 000	56 000
Total Assets	992 000	856 000	652 000	1 438 000
Total Equity	276 000	266 000	−181 000	−131 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 155 000	1 031 000	3 058 000
Expenditure	1 124 000	587 000	1 092 000	2 978 000
Operating Profit	8 000	568 000	−60 000	81 000
Financial Income	5 000	5 000	7 000	5 000
Financial Costs	0	0	11 000	13 000
Financial Balance	5 000	5 000	−4 000	−8 000
Earnings Before Tax	13 000	573 000	−64 000	73 000
Tax	3 000	126 000	−14 000	17 000
Net Income	10 000	447 000	−50 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	23 000	149 000	135 000
Total Current Assets	972 000	833 000	503 000	1 304 000
Total Assets	992 000	856 000	652 000	1 438 000
Total Retained Equity	130 000	120 000	−327 000	−277 000
Total Equity	276 000	266 000	−181 000	−131 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	716 000	590 000	833 000	1 569 000
Total Equity and Debt	992 000	856 000	652 000	1 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 132 000	1 155 000	1 031 000	3 058 000
Other Income	0	0	0	0
Revenue	1 132 000	1 155 000	1 031 000	3 058 000
Cost of Goods Sold	135 000	0	638 000	2 184 000
Salary Costs	910 000	525 000	393 000	672 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 124 000	587 000	1 092 000	2 978 000
Operating Profit	8 000	568 000	−60 000	81 000
Financial Income	5 000	5 000	7 000	5 000
Financial Costs	0	0	11 000	13 000
Financial Balance	5 000	5 000	−4 000	−8 000
Dividends	0	0	0	0
Net Income	10 000	447 000	−50 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	23 000	149 000	135 000
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	0	0
Total Fixed Assets	20 000	23 000	149 000	135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	638 000	686 000	152 000	430 000
Total Current Assets	972 000	833 000	503 000	1 304 000
Total Assets	992 000	856 000	652 000	1 438 000
Total Equity	276 000	266 000	−181 000	−131 000
Short-Term Group Debt	409 000	415 000	653 000	519 000
Total Long-Term Debt	0	0	0	0
Creditors	34 000	8 000	8 000	0
Unpaid Taxes	113 000	90 000	84 000	409 000
Dividends	0	0	0	0
Other Current Debt	161 000	77 000	88 000	641 000
Total Current Debt	716 000	590 000	833 000	1 569 000
Total Equity and Debt	992 000	856 000	652 000	1 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	168,05 %	27,62 %	−42,75 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	0,71 %	49,18 %	−5,82 %	2,65 %
Current Ratio	1,36	1,41	0,6	0,83
Quick Ratio	1,36	1,41	0,6	0,83
Equity Ratio	0,28	0,31	−0,28	−0,09
Gross Profit Margin	88,07 %	100 %	38,12 %	28,58 %