MAGIC HOTELS BG AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

209,79 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 791 000	12 716 000	14 268 000	35 994 000
Net Income	12 319 000	−8 486 000	−8 039 000	597 000
Total Assets	23 869 000	21 874 000	17 432 000	6 403 000
Total Equity	5 872 000	2 176 000	2 447 000	2 794 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 791 000	12 716 000	14 268 000	35 994 000
Expenditure	41 260 000	23 785 000	24 586 000	35 303 000
Operating Profit	15 530 000	−11 070 000	−10 317 000	691 000
Financial Income	267 000	221 000	43 000	29 000
Financial Costs	3 000	30 000	33 000	4 000
Financial Balance	264 000	191 000	10 000	25 000
Earnings Before Tax	15 794 000	−10 879 000	−10 306 000	717 000
Tax	3 475 000	−2 393 000	−2 267 000	120 000
Net Income	12 319 000	−8 486 000	−8 039 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	23 869 000	21 874 000	17 432 000	6 403 000
Total Assets	23 869 000	21 874 000	17 432 000	6 403 000
Total Retained Equity	4 567 000	871 000	1 142 000	1 489 000
Total Equity	5 872 000	2 176 000	2 447 000	2 794 000
Total Long-Term Debt	129 000	193 000	269 000	367 000
Total Current Debt	17 868 000	19 506 000	14 716 000	3 241 000
Total Equity and Debt	23 869 000	21 874 000	17 432 000	6 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 320 000	224 000	2 800 000	30 688 000
Other Income	470 000	12 492 000	11 468 000	5 305 000
Revenue	56 791 000	12 716 000	14 268 000	35 994 000
Cost of Goods Sold	9 720 000	48 000	930 000	9 590 000
Salary Costs	2 312 000	190 000	784 000	1 193 000
Depreciation	0	0	0	2 011 000
Impairment	0	0	0	0
Expenditure	41 260 000	23 785 000	24 586 000	35 303 000
Operating Profit	15 530 000	−11 070 000	−10 317 000	691 000
Financial Income	267 000	221 000	43 000	29 000
Financial Costs	3 000	30 000	33 000	4 000
Financial Balance	264 000	191 000	10 000	25 000
Dividends	1 293 000	0	0	0
Net Income	12 319 000	−8 486 000	−8 039 000	597 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	20 000	17 000
Total Investments	0	0	0	0
Cash, Bank	11 841 000	9 998 000	361 000	1 773 000
Total Current Assets	23 869 000	21 874 000	17 432 000	6 403 000
Total Assets	23 869 000	21 874 000	17 432 000	6 403 000
Total Equity	5 872 000	2 176 000	2 447 000	2 794 000
Short-Term Group Debt	7 330 000	1 455 000	0	0
Total Long-Term Debt	129 000	193 000	269 000	367 000
Creditors	5 050 000	17 440 000	13 560 000	1 124 000
Unpaid Taxes	122 000	3 000	4 000	1 552 000
Dividends	1 293 000	0	0	0
Other Current Debt	534 000	608 000	1 153 000	566 000
Total Current Debt	17 868 000	19 506 000	14 716 000	3 241 000
Total Equity and Debt	23 869 000	21 874 000	17 432 000	6 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	209,79 %	−389,98 %	−328,52 %	21,37 %
Debt-to-Equity Ratio	0,02	0,09	0,11	0,13
Operating Profit Margin	27,35 %	−87,06 %	−72,31 %	1,92 %
Current Ratio	1,34	1,12	1,18	1,98
Quick Ratio	1,34	1,12	1,19	1,99
Equity Ratio	0,25	0,1	0,14	0,44
Gross Profit Margin	82,88 %	99,62 %	93,48 %	73,36 %