MAGNUS LARSEN AS

3230 SANDEFJORD

Finances

Share Ownership

Return on Equity

−27,11 %

Current Ratio

3,01

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 998 000	4 662 000	5 582 000	5 018 000
Net Income	−74 000	170 000	343 000	369 000
Total Assets	538 000	1 489 000	1 174 000	1 341 000
Total Equity	273 000	347 000	427 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 998 000	4 662 000	5 582 000	5 018 000
Expenditure	3 942 000	4 431 000	5 122 000	4 538 000
Operating Profit	55 000	232 000	459 000	481 000
Financial Income	0	0	0	4 000
Financial Costs	10 000	12 000	15 000	17 000
Financial Balance	−10 000	−12 000	−15 000	−13 000
Earnings Before Tax	45 000	220 000	444 000	468 000
Tax	120 000	50 000	101 000	99 000
Net Income	−74 000	170 000	343 000	369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	108 000	190 000	418 000
Total Current Assets	409 000	1 381 000	984 000	923 000
Total Assets	538 000	1 489 000	1 174 000	1 341 000
Total Retained Equity	243 000	317 000	397 000	554 000
Total Equity	273 000	347 000	427 000	584 000
Total Long-Term Debt	129 000	194 000	256 000	323 000
Total Current Debt	136 000	948 000	490 000	434 000
Total Equity and Debt	538 000	1 489 000	1 174 000	1 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 998 000	4 662 000	5 582 000	5 018 000
Other Income	0	0	0	0
Revenue	3 998 000	4 662 000	5 582 000	5 018 000
Cost of Goods Sold	2 781 000	3 246 000	3 940 000	3 392 000
Salary Costs	741 000	727 000	725 000	721 000
Depreciation	87 000	103 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	3 942 000	4 431 000	5 122 000	4 538 000
Operating Profit	55 000	232 000	459 000	481 000
Financial Income	0	0	0	4 000
Financial Costs	10 000	12 000	15 000	17 000
Financial Balance	−10 000	−12 000	−15 000	−13 000
Dividends	0	0	0	0
Net Income	−74 000	170 000	343 000	369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	14 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	84 000	186 000	266 000
Total Tangible Assets	35 000	84 000	186 000	266 000
Total Fiancial Fixed Assets	69 000	10 000	0	152 000
Total Fixed Assets	129 000	108 000	190 000	418 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	664 000	895 000	860 000
Total Current Assets	409 000	1 381 000	984 000	923 000
Total Assets	538 000	1 489 000	1 174 000	1 341 000
Total Equity	273 000	347 000	427 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 000	194 000	256 000	323 000
Creditors	111 000	206 000	61 000	118 000
Unpaid Taxes	107 000	86 000	110 000	109 000
Dividends	0	0	0	0
Other Current Debt	97 000	596 000	208 000	96 000
Total Current Debt	136 000	948 000	490 000	434 000
Total Equity and Debt	538 000	1 489 000	1 174 000	1 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,11 %	48,99 %	80,33 %	63,18 %
Debt-to-Equity Ratio	0,47	0,56	0,6	0,55
Operating Profit Margin	1,38 %	4,98 %	8,22 %	9,59 %
Current Ratio	3,01	1,46	2,01	2,13
Quick Ratio	3,01	1,46	2,01	2,13
Equity Ratio	0,51	0,23	0,36	0,44
Gross Profit Margin	30,44 %	30,37 %	29,42 %	32,4 %