CAR MAGIC AS

0671 OSLO

Finances

Share Ownership

Return on Equity

−3 950 %

Current Ratio

0,86

Debt-to-Equity Ratio

−77

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 784 000	3 367 000	2 407 000	671 000
Net Income	79 000	151 000	−126 000	−431 000
Total Assets	943 000	482 000	276 000	173 000
Total Equity	−2 000	−81 000	−232 000	−105 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 784 000	3 367 000	2 407 000	671 000
Expenditure	4 695 000	3 202 000	2 529 000	1 194 000
Operating Profit	89 000	166 000	−122 000	−522 000
Financial Income	0	0	0	0
Financial Costs	10 000	15 000	5 000	0
Financial Balance	−10 000	−15 000	−5 000	0
Earnings Before Tax	79 000	151 000	−126 000	−522 000
Tax	0	0	0	−92 000
Net Income	79 000	151 000	−126 000	−431 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	258 000	15 000	23 000	31 000
Total Current Assets	685 000	466 000	252 000	142 000
Total Assets	943 000	482 000	276 000	173 000
Total Retained Equity	−26 000	−106 000	−256 000	−130 000
Total Equity	−2 000	−81 000	−232 000	−105 000
Total Long-Term Debt	154 000	0	0	0
Total Current Debt	792 000	563 000	508 000	278 000
Total Equity and Debt	943 000	482 000	276 000	173 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 784 000	3 204 000	2 407 000	671 000
Other Income	0	163 000	0	0
Revenue	4 784 000	3 367 000	2 407 000	671 000
Cost of Goods Sold	687 000	288 000	385 000	3 000
Salary Costs	2 151 000	1 467 000	1 099 000	543 000
Depreciation	22 000	16 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	4 695 000	3 202 000	2 529 000	1 194 000
Operating Profit	89 000	166 000	−122 000	−522 000
Financial Income	0	0	0	0
Financial Costs	10 000	15 000	5 000	0
Financial Balance	−10 000	−15 000	−5 000	0
Dividends	0	0	0	0
Net Income	79 000	151 000	−126 000	−431 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	0	0	0
Fixtures	240 000	15 000	23 000	31 000
Total Tangible Assets	258 000	15 000	23 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	258 000	15 000	23 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	138 000	98 000	30 000
Total Current Assets	685 000	466 000	252 000	142 000
Total Assets	943 000	482 000	276 000	173 000
Total Equity	−2 000	−81 000	−232 000	−105 000
Short-Term Group Debt	0	0	40 000	30 000
Total Long-Term Debt	154 000	0	0	0
Creditors	176 000	254 000	174 000	62 000
Unpaid Taxes	268 000	96 000	119 000	48 000
Dividends	0	0	0	0
Other Current Debt	347 000	213 000	175 000	138 000
Total Current Debt	792 000	563 000	508 000	278 000
Total Equity and Debt	943 000	482 000	276 000	173 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−3 950 %	−186,42 %	54,31 %	410,48 %
Debt-to-Equity Ratio	−77	−0	−0	−0
Operating Profit Margin	1,86 %	4,93 %	−5,07 %	−77,79 %
Current Ratio	0,86	0,83	0,5	0,51
Quick Ratio	0,86	0,83	0,5	0,51
Equity Ratio	−0	−0,17	−0,84	−0,61
Gross Profit Margin	85,64 %	91,45 %	84 %	99,55 %