MAGIC HOTELS HOLDING AS

5017 BERGEN

Finances

Return on Equity

99,28 %

Current Ratio

13,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	7 307 000	−23 000	−17 000	−12 000
Total Assets	7 890 000	561 000	547 000	525 000
Total Equity	7 360 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	16 000	19 000	13 000	16 000
Operating Profit	−16 000	−19 000	−13 000	−16 000
Financial Income	7 331 000	0	0	1 000
Financial Costs	15 000	10 000	10 000	0
Financial Balance	7 316 000	−10 000	−10 000	1 000
Earnings Before Tax	7 300 000	−29 000	−22 000	−15 000
Tax	−7 000	−6 000	−5 000	−3 000
Net Income	7 307 000	−23 000	−17 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	469 000	469 000	469 000	469 000
Total Current Assets	7 421 000	92 000	78 000	56 000
Total Assets	7 890 000	561 000	547 000	525 000
Total Retained Equity	7 335 000	6 000	6 000	6 000
Total Equity	7 360 000	30 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	531 000	531 000	517 000	495 000
Total Equity and Debt	7 890 000	561 000	547 000	525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	19 000	13 000	16 000
Operating Profit	−16 000	−19 000	−13 000	−16 000
Financial Income	7 331 000	0	0	1 000
Financial Costs	15 000	10 000	10 000	0
Financial Balance	7 316 000	−10 000	−10 000	1 000
Dividends	0	0	0	0
Net Income	7 307 000	−23 000	−17 000	−12 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	469 000	469 000	469 000	469 000
Total Fixed Assets	469 000	469 000	469 000	469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	62 000	63 000	56 000	41 000
Total Current Assets	7 421 000	92 000	78 000	56 000
Total Assets	7 890 000	561 000	547 000	525 000
Total Equity	7 360 000	30 000	30 000	30 000
Short-Term Group Debt	531 000	515 000	505 000	495 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	16 000	13 000	0
Total Current Debt	531 000	531 000	517 000	495 000
Total Equity and Debt	7 890 000	561 000	547 000	525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,28 %	−76,67 %	−56,67 %	−40 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	13,98	0,17	0,15	0,11
Quick Ratio	13,98	0,17	0,15	0,11
Equity Ratio	0,93	0,05	0,05	0,06
Gross Profit Margin	-	-	-	-