MAGIC RIVER TRAVELS AS

7075 TILLER

Finances

Share Ownership

Return on Equity

16,96 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 685 000	1 286 000	901 000	967 000
Net Income	39 000	−36 000	54 000	131 000
Total Assets	1 849 000	564 000	519 000	613 000
Total Equity	230 000	191 000	227 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 685 000	1 286 000	901 000	967 000
Expenditure	2 657 000	1 311 000	874 000	773 000
Operating Profit	27 000	−25 000	27 000	193 000
Financial Income	43 000	0	49 000	10 000
Financial Costs	26 000	0	15 000	2 000
Financial Balance	17 000	0	34 000	8 000
Earnings Before Tax	44 000	−25 000	61 000	201 000
Tax	5 000	11 000	7 000	70 000
Net Income	39 000	−36 000	54 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	10 000	14 000	18 000
Total Current Assets	1 843 000	554 000	505 000	595 000
Total Assets	1 849 000	564 000	519 000	613 000
Total Retained Equity	200 000	161 000	204 000	149 000
Total Equity	230 000	191 000	227 000	173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 619 000	373 000	292 000	441 000
Total Equity and Debt	1 849 000	564 000	519 000	613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 685 000	1 098 000	901 000	967 000
Other Income	0	188 000	0	0
Revenue	2 685 000	1 286 000	901 000	967 000
Cost of Goods Sold	1 753 000	643 000	55 000	36 000
Salary Costs	346 000	229 000	−130 000	186 000
Depreciation	4 000	4 000	4 000	2 000
Impairment	0	0	0	0
Expenditure	2 657 000	1 311 000	874 000	773 000
Operating Profit	27 000	−25 000	27 000	193 000
Financial Income	43 000	0	49 000	10 000
Financial Costs	26 000	0	15 000	2 000
Financial Balance	17 000	0	34 000	8 000
Dividends	0	0	0	0
Net Income	39 000	−36 000	54 000	131 000

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	6 000	10 000	0	0
Fixtures	0	0	14 000	18 000
Total Tangible Assets	6 000	10 000	14 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	10 000	14 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 162 000	237 000	191 000	280 000
Total Current Assets	1 843 000	554 000	505 000	595 000
Total Assets	1 849 000	564 000	519 000	613 000
Total Equity	230 000	191 000	227 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	85 000	13 000	25 000	12 000
Unpaid Taxes	40 000	92 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 488 000	257 000	260 000	358 000
Total Current Debt	1 619 000	373 000	292 000	441 000
Total Equity and Debt	1 849 000	564 000	519 000	613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,96 %	−18,85 %	23,79 %	75,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,01 %	−1,94 %	3 %	19,96 %
Current Ratio	1,14	1,49	1,73	1,35
Quick Ratio	1,14	1,49	1,73	1,35
Equity Ratio	0,12	0,34	0,44	0,28
Gross Profit Margin	34,71 %	50 %	93,9 %	96,28 %