MAGMA INVEST AS

4820 FROLAND

Finances

Return on Equity

20,5 %

Current Ratio

8,41

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	300 000	0
Net Income	2 956 000	0	5 126 000	5 000 000
Total Assets	23 112 000	19 969 000	20 739 000	6 340 000
Total Equity	14 421 000	11 465 000	11 465 000	6 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	300 000	0
Expenditure	31 000	16 000	20 000	10 000
Operating Profit	−31 000	−16 000	280 000	−10 000
Financial Income	4 106 000	228 000	5 120 000	5 010 000
Financial Costs	285 000	212 000	264 000	0
Financial Balance	3 821 000	16 000	4 856 000	5 010 000
Earnings Before Tax	3 790 000	0	5 136 000	5 000 000
Tax	834 000	0	10 000	0
Net Income	2 956 000	0	5 126 000	5 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 119 000	17 619 000	11 427 000	1 350 000
Total Current Assets	7 994 000	2 350 000	9 311 000	4 990 000
Total Assets	23 112 000	19 969 000	20 739 000	6 340 000
Total Retained Equity	13 099 000	10 143 000	10 143 000	5 017 000
Total Equity	14 421 000	11 465 000	11 465 000	6 340 000
Total Long-Term Debt	7 740 000	8 420 000	9 154 000	0
Total Current Debt	951 000	84 000	120 000	0
Total Equity and Debt	23 112 000	19 969 000	20 739 000	6 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	300 000	0
Other Income	0	0	0	0
Revenue	0	0	300 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 000	16 000	20 000	10 000
Operating Profit	−31 000	−16 000	280 000	−10 000
Financial Income	4 106 000	228 000	5 120 000	5 010 000
Financial Costs	285 000	212 000	264 000	0
Financial Balance	3 821 000	16 000	4 856 000	5 010 000
Dividends	0	0	0	0
Net Income	2 956 000	0	5 126 000	5 000 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 119 000	17 619 000	11 427 000	1 350 000
Total Fixed Assets	15 119 000	17 619 000	11 427 000	1 350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 610 000	1 072 000	4 620 000	0
Total Current Assets	7 994 000	2 350 000	9 311 000	4 990 000
Total Assets	23 112 000	19 969 000	20 739 000	6 340 000
Total Equity	14 421 000	11 465 000	11 465 000	6 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 740 000	8 420 000	9 154 000	0
Creditors	2 000	3 000	0	0
Unpaid Taxes	0	−1 000	75 000	0
Dividends	0	0	0	0
Other Current Debt	115 000	81 000	34 000	0
Total Current Debt	951 000	84 000	120 000	0
Total Equity and Debt	23 112 000	19 969 000	20 739 000	6 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,5 %	0 %	44,71 %	78,86 %
Debt-to-Equity Ratio	0,54	0,73	0,8	0
Operating Profit Margin	-	-	93,33 %	-
Current Ratio	8,41	27,98	77,59	-
Quick Ratio	8,41	27,98	77,59	-
Equity Ratio	0,62	0,57	0,55	1
Gross Profit Margin	-	-	100 %	-