MAGNE KVAMEN AS

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

−32,57 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	773 000	535 000	514 000	497 000
Net Income	−57 000	82 000	29 000	49 000
Total Assets	309 000	361 000	277 000	242 000
Total Equity	175 000	231 000	149 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	773 000	535 000	514 000	497 000
Expenditure	830 000	417 000	464 000	432 000
Operating Profit	−57 000	117 000	50 000	64 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	12 000	2 000
Financial Balance	0	−12 000	−12 000	−2 000
Earnings Before Tax	−57 000	105 000	38 000	62 000
Tax	0	23 000	8 000	14 000
Net Income	−57 000	82 000	29 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	309 000	361 000	277 000	242 000
Total Assets	309 000	361 000	277 000	242 000
Total Retained Equity	145 000	201 000	119 000	93 000
Total Equity	175 000	231 000	149 000	123 000
Total Long-Term Debt	0	0	129 000	0
Total Current Debt	134 000	131 000	0	120 000
Total Equity and Debt	309 000	361 000	277 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	620 000	535 000	514 000	497 000
Other Income	153 000	0	0	0
Revenue	773 000	535 000	514 000	497 000
Cost of Goods Sold	0	0	0	0
Salary Costs	791 000	396 000	366 000	382 000
Depreciation	13 000	0	0	26 000
Impairment	0	0	55 000	0
Expenditure	830 000	417 000	464 000	432 000
Operating Profit	−57 000	117 000	50 000	64 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	12 000	2 000
Financial Balance	0	−12 000	−12 000	−2 000
Dividends	0	0	0	0
Net Income	−57 000	82 000	29 000	49 000

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	0	0
Total Investments	0	0	0	0
Cash, Bank	267 000	131 000	234 000	203 000
Total Current Assets	309 000	361 000	277 000	242 000
Total Assets	309 000	361 000	277 000	242 000
Total Equity	175 000	231 000	149 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	129 000	0
Creditors	0	0	0	0
Unpaid Taxes	29 000	0	0	38 000
Dividends	0	0	0	0
Other Current Debt	105 000	108 000	0	75 000
Total Current Debt	134 000	131 000	0	120 000
Total Equity and Debt	309 000	361 000	277 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,57 %	35,5 %	19,46 %	39,84 %
Debt-to-Equity Ratio	0	0	0,87	0
Operating Profit Margin	−7,37 %	21,87 %	9,73 %	12,88 %
Current Ratio	2,31	2,76	-	2,02
Quick Ratio	2,31	2,76	-	2,02
Equity Ratio	0,57	0,64	0,54	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %