MUGNETIND AS

1397 NESØYA

Finances

Return on Equity

−3,28 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 047 000	176 341 000	0	0
Net Income	−846 000	−1 028 000	124 000	558 000
Total Assets	74 794 000	74 944 000	35 357 000	17 643 000
Total Equity	25 791 000	26 636 000	17 074 000	16 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 047 000	176 341 000	0	0
Expenditure	171 878 000	175 483 000	69 000	79 000
Operating Profit	1 169 000	857 000	−69 000	−79 000
Financial Income	246 000	300 000	596 000	669 000
Financial Costs	1 561 000	817 000	403 000	32 000
Financial Balance	−1 315 000	−517 000	193 000	637 000
Earnings Before Tax	−145 000	340 000	124 000	558 000
Tax	701 000	1 368 000	0	0
Net Income	−846 000	−1 028 000	124 000	558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 025 000	14 548 000	28 142 000	12 000 000
Total Current Assets	63 769 000	60 396 000	7 215 000	5 643 000
Total Assets	74 794 000	74 944 000	35 357 000	17 643 000
Total Retained Equity	8 543 000	10 428 000	10 549 000	10 424 000
Total Equity	25 791 000	26 636 000	17 074 000	16 950 000
Total Long-Term Debt	1 155 000	2 147 000	11 403 000	403 000
Total Current Debt	47 848 000	46 161 000	6 880 000	291 000
Total Equity and Debt	74 794 000	74 944 000	35 357 000	17 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 579 000	176 619 000	0	0
Other Income	468 000	−279 000	0	0
Revenue	173 047 000	176 341 000	0	0
Cost of Goods Sold	109 379 000	117 510 000	0	0
Salary Costs	27 654 000	25 282 000	0	0
Depreciation	5 162 000	5 027 000	0	0
Impairment	0	0	0	0
Expenditure	171 878 000	175 483 000	69 000	79 000
Operating Profit	1 169 000	857 000	−69 000	−79 000
Financial Income	246 000	300 000	596 000	669 000
Financial Costs	1 561 000	817 000	403 000	32 000
Financial Balance	−1 315 000	−517 000	193 000	637 000
Dividends	0	0	0	0
Net Income	−846 000	−1 028 000	124 000	558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 683 000	9 208 000	0	0
Total Intangible Assets	8 392 000	11 831 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 633 000	2 717 000	0	0
Total Tangible Assets	2 633 000	2 717 000	0	0
Total Fiancial Fixed Assets	0	0	28 142 000	12 000 000
Total Fixed Assets	11 025 000	14 548 000	28 142 000	12 000 000
Stock	37 535 000	32 410 000	0	0
Total Investments	254 000	1 493 000	1 457 000	5 564 000
Cash, Bank	2 157 000	2 812 000	42 000	64 000
Total Current Assets	63 769 000	60 396 000	7 215 000	5 643 000
Total Assets	74 794 000	74 944 000	35 357 000	17 643 000
Total Equity	25 791 000	26 636 000	17 074 000	16 950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 155 000	2 147 000	11 403 000	403 000
Creditors	8 783 000	11 008 000	0	0
Unpaid Taxes	8 810 000	8 189 000	0	0
Dividends	0	0	0	0
Other Current Debt	16 367 000	19 788 000	6 880 000	291 000
Total Current Debt	47 848 000	46 161 000	6 880 000	291 000
Total Equity and Debt	74 794 000	74 944 000	35 357 000	17 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,28 %	−3,86 %	0,73 %	3,29 %
Debt-to-Equity Ratio	0,04	0,08	0,67	0,02
Operating Profit Margin	0,68 %	0,49 %	-	-
Current Ratio	1,33	1,31	1,05	19,39
Quick Ratio	6,18	4,39	1,05	19,39
Equity Ratio	0,34	0,36	0,48	0,96
Gross Profit Margin	36,79 %	33,36 %	-	-