MAGDA AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

353,52 %

Current Ratio

0,61

Debt-to-Equity Ratio

4,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 179 000	7 634 000	8 984 000	13 883 000
Net Income	251 000	37 000	−69 000	−147 000
Total Assets	2 477 000	2 202 000	3 237 000	5 484 000
Total Equity	71 000	47 000	10 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 179 000	7 634 000	8 984 000	13 883 000
Expenditure	14 836 000	7 538 000	9 024 000	14 674 000
Operating Profit	342 000	95 000	−40 000	−791 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	31 000	51 000	41 000	0
Financial Balance	−27 000	−47 000	−40 000	0
Earnings Before Tax	315 000	47 000	−80 000	−791 000
Tax	64 000	10 000	−11 000	−644 000
Net Income	251 000	37 000	−69 000	−147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 191 000	1 147 000	1 315 000	1 498 000
Total Current Assets	1 286 000	1 055 000	1 923 000	3 986 000
Total Assets	2 477 000	2 202 000	3 237 000	5 484 000
Total Retained Equity	41 000	17 000	−20 000	9 000
Total Equity	71 000	47 000	10 000	39 000
Total Long-Term Debt	309 000	927 000	1 545 000	0
Total Current Debt	2 097 000	1 228 000	1 682 000	5 446 000
Total Equity and Debt	2 477 000	2 202 000	3 237 000	5 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 955 000	6 975 000	7 905 000	13 883 000
Other Income	224 000	659 000	1 078 000	0
Revenue	15 179 000	7 634 000	8 984 000	13 883 000
Cost of Goods Sold	3 563 000	1 624 000	2 383 000	4 502 000
Salary Costs	0	2 000	8 000	0
Depreciation	216 000	183 000	205 000	247 000
Impairment	0	0	0	0
Expenditure	14 836 000	7 538 000	9 024 000	14 674 000
Operating Profit	342 000	95 000	−40 000	−791 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	31 000	51 000	41 000	0
Financial Balance	−27 000	−47 000	−40 000	0
Dividends	0	0	0	0
Net Income	251 000	37 000	−69 000	−147 000

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	1 191 000	1 147 000	1 315 000	1 498 000
Total Tangible Assets	1 191 000	1 147 000	1 315 000	1 498 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 191 000	1 147 000	1 315 000	1 498 000
Stock	328 000	308 000	168 000	180 000
Total Investments	0	0	0	0
Cash, Bank	654 000	627 000	540 000	829 000
Total Current Assets	1 286 000	1 055 000	1 923 000	3 986 000
Total Assets	2 477 000	2 202 000	3 237 000	5 484 000
Total Equity	71 000	47 000	10 000	39 000
Short-Term Group Debt	290 000	0	980 000	3 588 000
Total Long-Term Debt	309 000	927 000	1 545 000	0
Creditors	1 791 000	1 194 000	682 000	1 526 000
Unpaid Taxes	0	0	4 000	309 000
Dividends	0	0	0	0
Other Current Debt	16 000	24 000	16 000	23 000
Total Current Debt	2 097 000	1 228 000	1 682 000	5 446 000
Total Equity and Debt	2 477 000	2 202 000	3 237 000	5 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	353,52 %	78,72 %	−690 %	−376,92 %
Debt-to-Equity Ratio	4,35	19,72	154,5	0
Operating Profit Margin	2,25 %	1,24 %	−0,45 %	−5,7 %
Current Ratio	0,61	0,86	1,14	0,73
Quick Ratio	0,73	1,15	1,27	0,76
Equity Ratio	0,03	0,02	0	0,01
Gross Profit Margin	76,53 %	78,73 %	73,48 %	67,57 %