MAGNUSSEN ASSOCIATES AS

0260 OSLO

Finances

Share Ownership

Return on Equity

2,62 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−8 000	−8 000	−13 000	−102 000
Total Assets	155 000	151 000	149 000	148 000
Total Equity	−305 000	−297 000	−289 000	−276 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	10 000	11 000	16 000	132 000
Operating Profit	−10 000	−10 000	−16 000	−132 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−10 000	−10 000	−16 000	−131 000
Tax	−2 000	−2 000	−4 000	−29 000
Net Income	−8 000	−8 000	−13 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	136 000	134 000	131 000
Total Current Assets	16 000	15 000	15 000	17 000
Total Assets	155 000	151 000	149 000	148 000
Total Retained Equity	−326 000	−318 000	−310 000	−297 000
Total Equity	−305 000	−297 000	−289 000	−276 000
Total Long-Term Debt	285 000	275 000	275 000	275 000
Total Current Debt	174 000	173 000	162 000	148 000
Total Equity and Debt	155 000	151 000	149 000	148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	3 000	0
Salary Costs	0	2 000	1 000	27 000
Depreciation	0	0	1 000	9 000
Impairment	0	0	0	0
Expenditure	10 000	11 000	16 000	132 000
Operating Profit	−10 000	−10 000	−16 000	−132 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−8 000	−8 000	−13 000	−102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	138 000	136 000	134 000	130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	138 000	136 000	134 000	131 000
Stock	2 000	2 000	2 000	2 000
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	2 000	4 000
Total Current Assets	16 000	15 000	15 000	17 000
Total Assets	155 000	151 000	149 000	148 000
Total Equity	−305 000	−297 000	−289 000	−276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	285 000	275 000	275 000	275 000
Creditors	5 000	5 000	5 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	169 000	168 000	157 000	146 000
Total Current Debt	174 000	173 000	162 000	148 000
Total Equity and Debt	155 000	151 000	149 000	148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,62 %	2,69 %	4,5 %	36,96 %
Debt-to-Equity Ratio	−0,93	−0,93	−0,95	−1
Operating Profit Margin	-	-	-	-
Current Ratio	0,09	0,09	0,09	0,11
Quick Ratio	0,09	0,09	0,09	0,12
Equity Ratio	−1,97	−1,97	−1,94	−1,86
Gross Profit Margin	-	-	-	-