MAGIC RESTAURANTHUS KAVA AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

−485 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	660 000	222 000	8 514 000
Net Income	−485 000	−253 000	−819 000	−2 909 000
Total Assets	1 987 000	2 713 000	3 318 000	5 471 000
Total Equity	100 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	660 000	222 000	8 514 000
Expenditure	599 000	953 000	1 304 000	12 325 000
Operating Profit	−599 000	−292 000	−1 082 000	−3 812 000
Financial Income	32 000	5 000	33 000	75 000
Financial Costs	54 000	36 000	0	2 000
Financial Balance	−22 000	−31 000	33 000	73 000
Earnings Before Tax	−621 000	−324 000	−1 049 000	−3 739 000
Tax	−137 000	−71 000	−231 000	−830 000
Net Income	−485 000	−253 000	−819 000	−2 909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 987 000	2 713 000	3 318 000	5 471 000
Total Assets	1 987 000	2 713 000	3 318 000	5 471 000
Total Retained Equity	10 000	10 000	10 000	10 000
Total Equity	100 000	100 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 887 000	2 613 000	3 218 000	5 371 000
Total Equity and Debt	1 987 000	2 713 000	3 318 000	5 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	216 000	72 000	6 917 000
Other Income	0	444 000	150 000	1 597 000
Revenue	0	660 000	222 000	8 514 000
Cost of Goods Sold	24 000	176 000	219 000	2 854 000
Salary Costs	22 000	271 000	462 000	593 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	599 000	953 000	1 304 000	12 325 000
Operating Profit	−599 000	−292 000	−1 082 000	−3 812 000
Financial Income	32 000	5 000	33 000	75 000
Financial Costs	54 000	36 000	0	2 000
Financial Balance	−22 000	−31 000	33 000	73 000
Dividends	0	0	0	0
Net Income	−485 000	−253 000	−819 000	−2 909 000

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	177 000	201 000	251 000	354 000
Total Investments	0	0	0	0
Cash, Bank	734 000	2 003 000	200 000	88 000
Total Current Assets	1 987 000	2 713 000	3 318 000	5 471 000
Total Assets	1 987 000	2 713 000	3 318 000	5 471 000
Total Equity	100 000	100 000	100 000	100 000
Short-Term Group Debt	1 870 000	1 898 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	602 000	3 098 000	5 091 000
Unpaid Taxes	0	61 000	39 000	99 000
Dividends	0	0	0	0
Other Current Debt	2 000	51 000	81 000	181 000
Total Current Debt	1 887 000	2 613 000	3 218 000	5 371 000
Total Equity and Debt	1 987 000	2 713 000	3 318 000	5 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−485 %	−253 %	−819 %	−2 909 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−44,24 %	−487,39 %	−44,77 %
Current Ratio	1,05	1,04	1,03	1,02
Quick Ratio	1,16	1,12	1,12	1,09
Equity Ratio	0,05	0,04	0,03	0,02
Gross Profit Margin	-	73,33 %	1,35 %	66,48 %