MAGNUS WESTER AS

7810 NAMSOS

Finances

Return on Equity

3,27 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	713 000	1 057 000	495 000
Net Income	22 000	6 521 000	615 000	213 000
Total Assets	4 384 000	7 215 000	2 865 000	2 214 000
Total Equity	672 000	3 650 000	1 553 000	939 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	713 000	1 057 000	495 000
Expenditure	351 000	279 000	1 108 000	198 000
Operating Profit	183 000	433 000	−51 000	297 000
Financial Income	1 000	6 182 000	668 000	2 000
Financial Costs	156 000	9 000	2 000	25 000
Financial Balance	−155 000	6 173 000	666 000	−23 000
Earnings Before Tax	28 000	6 606 000	615 000	275 000
Tax	6 000	85 000	0	62 000
Net Income	22 000	6 521 000	615 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 686 000	3 694 000	1 902 000	1 961 000
Total Current Assets	2 698 000	3 521 000	963 000	252 000
Total Assets	4 384 000	7 215 000	2 865 000	2 214 000
Total Retained Equity	642 000	3 620 000	1 523 000	909 000
Total Equity	672 000	3 650 000	1 553 000	939 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 713 000	3 565 000	1 311 000	1 275 000
Total Equity and Debt	4 384 000	7 215 000	2 865 000	2 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	231 000	0	2 000
Other Income	535 000	483 000	1 057 000	493 000
Revenue	535 000	713 000	1 057 000	495 000
Cost of Goods Sold	0	0	0	11 000
Salary Costs	0	0	949 000	0
Depreciation	8 000	10 000	15 000	22 000
Impairment	0	0	0	0
Expenditure	351 000	279 000	1 108 000	198 000
Operating Profit	183 000	433 000	−51 000	297 000
Financial Income	1 000	6 182 000	668 000	2 000
Financial Costs	156 000	9 000	2 000	25 000
Financial Balance	−155 000	6 173 000	666 000	−23 000
Dividends	3 000 000	3 000 000	0	0
Net Income	22 000	6 521 000	615 000	213 000

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	2 000	10 000	21 000	36 000
Total Tangible Assets	2 000	10 000	21 000	36 000
Total Fiancial Fixed Assets	1 684 000	3 684 000	1 882 000	1 926 000
Total Fixed Assets	1 686 000	3 694 000	1 902 000	1 961 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 593 000	3 430 000	23 000	8 000
Total Current Assets	2 698 000	3 521 000	963 000	252 000
Total Assets	4 384 000	7 215 000	2 865 000	2 214 000
Total Equity	672 000	3 650 000	1 553 000	939 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	21 000	80 000	104 000
Unpaid Taxes	14 000	176 000	721 000	32 000
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	663 000	283 000	510 000	1 077 000
Total Current Debt	3 713 000	3 565 000	1 311 000	1 275 000
Total Equity and Debt	4 384 000	7 215 000	2 865 000	2 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,27 %	178,66 %	39,6 %	22,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,21 %	60,73 %	−4,82 %	60 %
Current Ratio	0,73	0,99	0,73	0,2
Quick Ratio	0,73	0,99	0,73	0,2
Equity Ratio	0,15	0,51	0,54	0,42
Gross Profit Margin	100 %	100 %	100 %	97,78 %