MAGNOLIA SYSTEM AS

1423 SKI

Finances

Return on Equity

17,86 %

Current Ratio

8,11

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 157 000	77 062 000	2 508 000	1 196 000
Net Income	26 895 000	13 224 000	11 475 000	5 260 000
Total Assets	279 792 000	249 219 000	125 278 000	104 602 000
Total Equity	150 548 000	123 720 000	74 768 000	86 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 157 000	77 062 000	2 508 000	1 196 000
Expenditure	65 570 000	67 950 000	2 965 000	1 460 000
Operating Profit	10 587 000	9 112 000	−456 000	−263 000
Financial Income	22 754 000	10 097 000	13 605 000	8 496 000
Financial Costs	4 662 000	4 266 000	776 000	2 328 000
Financial Balance	18 092 000	5 831 000	12 829 000	6 168 000
Earnings Before Tax	28 680 000	14 943 000	12 373 000	5 905 000
Tax	1 785 000	1 719 000	898 000	644 000
Net Income	26 895 000	13 224 000	11 475 000	5 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 480 000	209 105 000	97 143 000	83 523 000
Total Current Assets	74 312 000	40 114 000	28 135 000	21 079 000
Total Assets	279 792 000	249 219 000	125 278 000	104 602 000
Total Retained Equity	103 294 000	76 566 000	27 644 000	16 247 000
Total Equity	150 548 000	123 720 000	74 768 000	86 102 000
Total Long-Term Debt	120 085 000	116 259 000	18 500 000	9 125 000
Total Current Debt	9 159 000	9 240 000	32 009 000	9 375 000
Total Equity and Debt	279 792 000	249 219 000	125 278 000	104 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 485 000	72 407 000	603 000	1 196 000
Other Income	3 672 000	4 655 000	1 905 000	0
Revenue	76 157 000	77 062 000	2 508 000	1 196 000
Cost of Goods Sold	49 271 000	53 691 000	72 000	123 000
Salary Costs	5 986 000	6 390 000	1 002 000	982 000
Depreciation	3 897 000	3 018 000	13 000	38 000
Impairment	0	0	0	0
Expenditure	65 570 000	67 950 000	2 965 000	1 460 000
Operating Profit	10 587 000	9 112 000	−456 000	−263 000
Financial Income	22 754 000	10 097 000	13 605 000	8 496 000
Financial Costs	4 662 000	4 266 000	776 000	2 328 000
Financial Balance	18 092 000	5 831 000	12 829 000	6 168 000
Dividends	0	0	0	0
Net Income	26 895 000	13 224 000	11 475 000	5 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	841 000	811 000	838 000	853 000
Real Eastate	143 290 000	144 727 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 800 000	2 145 000	47 000	106 000
Total Tangible Assets	151 635 000	151 038 000	47 000	106 000
Total Fiancial Fixed Assets	53 004 000	57 256 000	96 258 000	82 564 000
Total Fixed Assets	205 480 000	209 105 000	97 143 000	83 523 000
Stock	12 808 000	12 410 000	0	0
Total Investments	6 323 000	4 921 000	3 399 000	3 874 000
Cash, Bank	28 011 000	12 061 000	12 671 000	1 852 000
Total Current Assets	74 312 000	40 114 000	28 135 000	21 079 000
Total Assets	279 792 000	249 219 000	125 278 000	104 602 000
Total Equity	150 548 000	123 720 000	74 768 000	86 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 085 000	116 259 000	18 500 000	9 125 000
Creditors	2 981 000	2 782 000	95 000	36 000
Unpaid Taxes	932 000	819 000	81 000	133 000
Dividends	0	0	0	0
Other Current Debt	3 531 000	4 294 000	30 950 000	8 752 000
Total Current Debt	9 159 000	9 240 000	32 009 000	9 375 000
Total Equity and Debt	279 792 000	249 219 000	125 278 000	104 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,86 %	10,69 %	15,35 %	6,11 %
Debt-to-Equity Ratio	0,8	0,94	0,25	0,11
Operating Profit Margin	13,9 %	11,82 %	−18,18 %	−21,99 %
Current Ratio	8,11	4,34	0,88	2,25
Quick Ratio	−20,37	−12,65	0,88	2,25
Equity Ratio	0,54	0,5	0,6	0,82
Gross Profit Margin	35,3 %	30,33 %	97,13 %	89,72 %