MAGNE TORHEIM AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

65,74 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 811 000	11 347 000	8 914 000	5 928 000
Net Income	1 107 000	−152 000	40 000	−95 000
Total Assets	5 585 000	3 995 000	4 070 000	2 712 000
Total Equity	1 684 000	577 000	730 000	688 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 811 000	11 347 000	8 914 000	5 928 000
Expenditure	10 481 000	11 472 000	8 865 000	6 022 000
Operating Profit	1 329 000	−124 000	49 000	−93 000
Financial Income	2 000	2 000	0	18 000
Financial Costs	62 000	29 000	8 000	19 000
Financial Balance	−60 000	−27 000	−8 000	−1 000
Earnings Before Tax	1 269 000	−152 000	40 000	−95 000
Tax	162 000	0	0	0
Net Income	1 107 000	−152 000	40 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 843 000	1 591 000	1 624 000	1 046 000
Total Current Assets	3 742 000	2 404 000	2 445 000	1 666 000
Total Assets	5 585 000	3 995 000	4 070 000	2 712 000
Total Retained Equity	1 131 000	25 000	178 000	136 000
Total Equity	1 684 000	577 000	730 000	688 000
Total Long-Term Debt	22 000	0	0	0
Total Current Debt	3 880 000	3 419 000	3 339 000	2 024 000
Total Equity and Debt	5 585 000	3 995 000	4 070 000	2 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 254 000	11 347 000	8 912 000	5 878 000
Other Income	556 000	0	2 000	51 000
Revenue	11 811 000	11 347 000	8 914 000	5 928 000
Cost of Goods Sold	1 722 000	3 302 000	1 646 000	949 000
Salary Costs	3 493 000	3 810 000	2 700 000	1 876 000
Depreciation	371 000	409 000	415 000	332 000
Impairment	0	0	0	0
Expenditure	10 481 000	11 472 000	8 865 000	6 022 000
Operating Profit	1 329 000	−124 000	49 000	−93 000
Financial Income	2 000	2 000	0	18 000
Financial Costs	62 000	29 000	8 000	19 000
Financial Balance	−60 000	−27 000	−8 000	−1 000
Dividends	0	0	0	0
Net Income	1 107 000	−152 000	40 000	−95 000

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	15 000	0	0	0
Fixtures	1 262 000	902 000	1 119 000	1 013 000
Total Tangible Assets	1 278 000	902 000	1 119 000	1 013 000
Total Fiancial Fixed Assets	565 000	690 000	505 000	33 000
Total Fixed Assets	1 843 000	1 591 000	1 624 000	1 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 286 000	515 000	615 000	182 000
Total Current Assets	3 742 000	2 404 000	2 445 000	1 666 000
Total Assets	5 585 000	3 995 000	4 070 000	2 712 000
Total Equity	1 684 000	577 000	730 000	688 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	0	0	0
Creditors	2 152 000	1 561 000	953 000	286 000
Unpaid Taxes	597 000	284 000	650 000	162 000
Dividends	0	0	0	0
Other Current Debt	991 000	1 574 000	1 736 000	1 576 000
Total Current Debt	3 880 000	3 419 000	3 339 000	2 024 000
Total Equity and Debt	5 585 000	3 995 000	4 070 000	2 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,74 %	−26,34 %	5,48 %	−13,81 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	11,25 %	−1,09 %	0,55 %	−1,57 %
Current Ratio	0,96	0,7	0,73	0,82
Quick Ratio	0,96	0,7	0,73	0,82
Equity Ratio	0,3	0,14	0,18	0,25
Gross Profit Margin	85,42 %	70,9 %	81,53 %	83,99 %