MAGON AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

1,22 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	22 000	991 000	1 569 000
Net Income	1 000	−190 000	236 000	82 000
Total Assets	194 000	105 000	414 000	519 000
Total Equity	82 000	81 000	271 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	22 000	991 000	1 569 000
Expenditure	6 000	211 000	755 000	1 463 000
Operating Profit	1 000	−190 000	236 000	105 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 000	−190 000	236 000	105 000
Tax	0	0	0	23 000
Net Income	1 000	−190 000	236 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	194 000	105 000	414 000	519 000
Total Assets	194 000	105 000	414 000	519 000
Total Retained Equity	52 000	57 000	246 000	11 000
Total Equity	82 000	81 000	271 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	24 000	143 000	484 000
Total Equity and Debt	194 000	105 000	414 000	519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	22 000	991 000	1 569 000
Other Income	0	0	0	0
Revenue	6 000	22 000	991 000	1 569 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	128 000	648 000	1 315 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	211 000	755 000	1 463 000
Operating Profit	1 000	−190 000	236 000	105 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	80 000
Net Income	1 000	−190 000	236 000	82 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	127 000	105 000	414 000	314 000
Total Current Assets	194 000	105 000	414 000	519 000
Total Assets	194 000	105 000	414 000	519 000
Total Equity	82 000	81 000	271 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−69 000	−69 000	−69 000
Unpaid Taxes	1 000	0	0	168 000
Dividends	0	0	0	80 000
Other Current Debt	14 000	14 000	69 000	141 000
Total Current Debt	112 000	24 000	143 000	484 000
Total Equity and Debt	194 000	105 000	414 000	519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,22 %	−234,57 %	87,08 %	234,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,67 %	−863,64 %	23,81 %	6,69 %
Current Ratio	1,73	4,38	2,9	1,07
Quick Ratio	1,73	4,38	2,9	1,07
Equity Ratio	0,42	0,77	0,65	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %