MAGIC HOTELS BERGEN AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

−2 630,96 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 740 000	15 907 000	24 760 000	39 932 000
Net Income	−22 863 000	−17 730 000	−19 313 000	46 000
Total Assets	36 986 000	39 380 000	36 553 000	21 037 000
Total Equity	869 000	1 081 000	1 354 000	1 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 740 000	15 907 000	24 760 000	39 932 000
Expenditure	58 195 000	38 669 000	49 505 000	39 934 000
Operating Profit	−29 455 000	−22 762 000	−24 745 000	−1 000
Financial Income	152 000	38 000	23 000	69 000
Financial Costs	9 000	3 000	32 000	6 000
Financial Balance	143 000	35 000	−9 000	63 000
Earnings Before Tax	−29 312 000	−22 728 000	−24 754 000	62 000
Tax	−6 449 000	−4 998 000	−5 441 000	16 000
Net Income	−22 863 000	−17 730 000	−19 313 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	38 000	0	0
Total Current Assets	36 957 000	39 342 000	36 553 000	21 037 000
Total Assets	36 986 000	39 380 000	36 553 000	21 037 000
Total Retained Equity	777 000	988 000	1 261 000	1 610 000
Total Equity	869 000	1 081 000	1 354 000	1 703 000
Total Long-Term Debt	229 000	288 000	362 000	455 000
Total Current Debt	35 887 000	38 010 000	34 837 000	18 879 000
Total Equity and Debt	36 986 000	39 380 000	36 553 000	21 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 624 000	2 548 000	12 742 000	35 297 000
Other Income	116 000	13 359 000	12 019 000	4 636 000
Revenue	28 740 000	15 907 000	24 760 000	39 932 000
Cost of Goods Sold	6 308 000	252 000	4 144 000	8 805 000
Salary Costs	3 781 000	796 000	4 141 000	2 293 000
Depreciation	9 000	9 000	0	2 518 000
Impairment	0	0	0	0
Expenditure	58 195 000	38 669 000	49 505 000	39 934 000
Operating Profit	−29 455 000	−22 762 000	−24 745 000	−1 000
Financial Income	152 000	38 000	23 000	69 000
Financial Costs	9 000	3 000	32 000	6 000
Financial Balance	143 000	35 000	−9 000	63 000
Dividends	0	0	0	0
Net Income	−22 863 000	−17 730 000	−19 313 000	46 000

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	28 000	38 000	0	0
Total Tangible Assets	28 000	38 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	38 000	0	0
Stock	5 000	19 000	19 000	37 000
Total Investments	0	0	0	0
Cash, Bank	3 908 000	13 478 000	2 899 000	5 536 000
Total Current Assets	36 957 000	39 342 000	36 553 000	21 037 000
Total Assets	36 986 000	39 380 000	36 553 000	21 037 000
Total Equity	869 000	1 081 000	1 354 000	1 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	229 000	288 000	362 000	455 000
Creditors	34 178 000	36 113 000	32 300 000	15 191 000
Unpaid Taxes	200 000	48 000	159 000	1 914 000
Dividends	0	0	0	0
Other Current Debt	1 509 000	1 850 000	2 378 000	1 775 000
Total Current Debt	35 887 000	38 010 000	34 837 000	18 879 000
Total Equity and Debt	36 986 000	39 380 000	36 553 000	21 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 630,96 %	−1 640,15 %	−1 426,37 %	2,7 %
Debt-to-Equity Ratio	0,26	0,27	0,27	0,27
Operating Profit Margin	−102,49 %	−143,09 %	−99,94 %	−0 %
Current Ratio	1,03	1,04	1,05	1,11
Quick Ratio	1,03	1,04	1,05	1,12
Equity Ratio	0,02	0,03	0,04	0,08
Gross Profit Margin	78,05 %	98,42 %	83,26 %	77,95 %