MAGIC NORWAY AS

5017 BERGEN

Finances

Return on Equity

31,85 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 053 000	161 578 000	160 394 000	220 502 000
Net Income	529 372 000	−2 727 000	3 925 000	23 935 000
Total Assets	1 938 127 000	2 360 387 000	2 069 259 000	2 072 852 000
Total Equity	1 662 033 000	1 132 661 000	1 182 388 000	1 183 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 053 000	161 578 000	160 394 000	220 502 000
Expenditure	141 441 000	162 998 000	140 187 000	165 710 000
Operating Profit	292 612 000	−1 420 000	20 206 000	54 792 000
Financial Income	269 693 000	9 254 000	1 720 000	1 231 000
Financial Costs	9 822 000	11 854 000	16 123 000	21 169 000
Financial Balance	259 871 000	−2 600 000	−14 403 000	−19 938 000
Earnings Before Tax	552 482 000	−4 020 000	5 803 000	34 854 000
Tax	0	0	0	0
Net Income	529 372 000	−2 727 000	3 925 000	23 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 501 416 000	1 828 631 000	1 546 441 000	1 573 549 000
Total Current Assets	436 711 000	531 756 000	522 818 000	499 303 000
Total Assets	1 938 127 000	2 360 387 000	2 069 259 000	2 072 852 000
Total Retained Equity	0	0	0	1 180 563 000
Total Equity	1 662 033 000	1 132 661 000	1 182 388 000	1 183 863 000
Total Long-Term Debt	59 265 000	820 198 000	832 120 000	832 988 000
Total Current Debt	216 828 000	407 528 000	54 751 000	56 001 000
Total Equity and Debt	1 938 127 000	2 360 387 000	2 069 259 000	2 072 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 472 000	45 061 000	39 507 000	97 996 000
Other Income	284 581 000	116 517 000	120 887 000	122 506 000
Revenue	434 053 000	161 578 000	160 394 000	220 502 000
Cost of Goods Sold	24 852 000	8 959 000	8 462 000	22 970 000
Salary Costs	31 580 000	18 873 000	20 582 000	39 759 000
Depreciation	31 638 000	32 577 000	31 382 000	33 170 000
Impairment	0	0	0	0
Expenditure	141 441 000	162 998 000	140 187 000	165 710 000
Operating Profit	292 612 000	−1 420 000	20 206 000	54 792 000
Financial Income	269 693 000	9 254 000	1 720 000	1 231 000
Financial Costs	9 822 000	11 854 000	16 123 000	21 169 000
Financial Balance	259 871 000	−2 600 000	−14 403 000	−19 938 000
Dividends	0	47 000 000	5 400 000	0
Net Income	529 372 000	−2 727 000	3 925 000	23 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 198 250 000	1 325 233 000	1 350 107 000	1 373 401 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 195 000	30 427 000	30 363 000	34 177 000
Total Tangible Assets	1 228 445 000	1 355 660 000	1 380 470 000	1 407 578 000
Total Fiancial Fixed Assets	272 971 000	472 971 000	165 971 000	165 971 000
Total Fixed Assets	1 501 416 000	1 828 631 000	1 546 441 000	1 573 549 000
Stock	1 821 000	1 438 000	1 106 000	1 626 000
Total Investments	0	0	0	0
Cash, Bank	40 474 000	137 552 000	116 602 000	104 421 000
Total Current Assets	436 711 000	531 756 000	522 818 000	499 303 000
Total Assets	1 938 127 000	2 360 387 000	2 069 259 000	2 072 852 000
Total Equity	1 662 033 000	1 132 661 000	1 182 388 000	1 183 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 265 000	820 198 000	832 120 000	832 988 000
Creditors	14 037 000	9 890 000	21 304 000	9 848 000
Unpaid Taxes	6 927 000	6 183 000	5 197 000	7 231 000
Dividends	0	47 000 000	5 400 000	0
Other Current Debt	176 810 000	380 826 000	25 503 000	30 764 000
Total Current Debt	216 828 000	407 528 000	54 751 000	56 001 000
Total Equity and Debt	1 938 127 000	2 360 387 000	2 069 259 000	2 072 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,85 %	−0,24 %	0,33 %	2,02 %
Debt-to-Equity Ratio	0,04	0,72	0,7	0,7
Operating Profit Margin	67,41 %	−0,88 %	12,6 %	24,85 %
Current Ratio	2,01	1,3	9,55	8,92
Quick Ratio	2,03	1,31	9,75	9,18
Equity Ratio	0,86	0,48	0,57	0,57
Gross Profit Margin	94,27 %	94,46 %	94,72 %	89,58 %