HOUSE OF MAGO AS

1715 YVEN

Finances

Share Ownership

Return on Equity

150,62 %

Current Ratio

0,7

Debt-to-Equity Ratio

−2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 207 000	1 546 000	1 384 000	946 000
Net Income	−122 000	11 000	2 000	16 000
Total Assets	374 000	514 000	555 000	393 000
Total Equity	−81 000	41 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 207 000	1 546 000	1 384 000	946 000
Expenditure	1 309 000	1 555 000	1 363 000	899 000
Operating Profit	−101 000	−8 000	22 000	47 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	2 000	1 000	0
Earnings Before Tax	−99 000	−6 000	22 000	47 000
Tax	23 000	−17 000	20 000	31 000
Net Income	−122 000	11 000	2 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	219 000	249 000	264 000
Total Current Assets	195 000	295 000	305 000	130 000
Total Assets	374 000	514 000	555 000	393 000
Total Retained Equity	−101 000	22 000	11 000	11 000
Total Equity	−81 000	41 000	30 000	30 000
Total Long-Term Debt	176 000	195 000	191 000	195 000
Total Current Debt	280 000	278 000	334 000	168 000
Total Equity and Debt	374 000	514 000	555 000	393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 207 000	1 546 000	1 384 000	946 000
Other Income	0	0	0	0
Revenue	1 207 000	1 546 000	1 384 000	946 000
Cost of Goods Sold	0	1 000	3 000	0
Salary Costs	881 000	1 149 000	893 000	458 000
Depreciation	168 000	111 000	159 000	162 000
Impairment	0	0	0	0
Expenditure	1 309 000	1 555 000	1 363 000	899 000
Operating Profit	−101 000	−8 000	22 000	47 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	2 000	1 000	0
Dividends	0	0	0	0
Net Income	−122 000	11 000	2 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	26 000
Fixtures	179 000	196 000	249 000	238 000
Total Tangible Assets	179 000	196 000	249 000	264 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	179 000	219 000	249 000	264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	227 000	189 000	74 000
Total Current Assets	195 000	295 000	305 000	130 000
Total Assets	374 000	514 000	555 000	393 000
Total Equity	−81 000	41 000	30 000	30 000
Short-Term Group Debt	0	0	3 000	15 000
Total Long-Term Debt	176 000	195 000	191 000	195 000
Creditors	4 000	4 000	14 000	17 000
Unpaid Taxes	75 000	95 000	154 000	15 000
Dividends	0	0	0	0
Other Current Debt	200 000	172 000	143 000	93 000
Total Current Debt	280 000	278 000	334 000	168 000
Total Equity and Debt	374 000	514 000	555 000	393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,62 %	26,83 %	6,67 %	53,33 %
Debt-to-Equity Ratio	−2,17	4,76	6,37	6,5
Operating Profit Margin	−8,37 %	−0,52 %	1,59 %	4,97 %
Current Ratio	0,7	1,06	0,91	0,77
Quick Ratio	0,7	1,06	0,91	0,77
Equity Ratio	−0,22	0,08	0,05	0,08
Gross Profit Margin	100 %	99,94 %	99,78 %	100 %