MAGPIE HOLDING AS

0781 OSLO

Finances

Return on Equity

12,54 %

Current Ratio

5,86

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	1 898 000	3 810 000	1 322 000
Net Income	105 000	418 000	116 000
Total Assets	1 008 000	667 000	228 000
Total Equity	837 000	646 000	228 000

Income (NOK)	2021	2020	2019
Revenue	1 898 000	3 810 000	1 322 000
Expenditure	1 791 000	3 556 000	1 206 000
Operating Profit	107 000	418 000	116 000
Financial Income	30 000	0	0
Financial Costs	3 000	0	0
Financial Balance	27 000	0	0
Earnings Before Tax	134 000	418 000	116 000
Tax	30 000	0	0
Net Income	105 000	418 000	116 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	129 000	9 000
Total Current Assets	1 008 000	539 000	220 000
Total Assets	1 008 000	667 000	228 000
Total Retained Equity	191 000	0	198 000
Total Equity	837 000	646 000	228 000
Total Long-Term Debt	0	0	0
Total Current Debt	172 000	22 000	0
Total Equity and Debt	1 008 000	667 000	228 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 898 000	3 810 000	1 322 000
Other Income	0	0	0
Revenue	1 898 000	3 810 000	1 322 000
Cost of Goods Sold	511 000	2 417 000	931 000
Salary Costs	58 000	0	57 000
Depreciation	0	0	0
Impairment	0	0	2 000
Expenditure	1 791 000	3 556 000	1 206 000
Operating Profit	107 000	418 000	116 000
Financial Income	30 000	0	0
Financial Costs	3 000	0	0
Financial Balance	27 000	0	0
Dividends	0	0	0
Net Income	105 000	418 000	116 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	9 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	129 000	0
Total Fixed Assets	0	129 000	9 000
Stock	244 000	277 000	113 000
Total Investments	129 000	0	0
Cash, Bank	3 984 000	254 000	38 000
Total Current Assets	1 008 000	539 000	220 000
Total Assets	1 008 000	667 000	228 000
Total Equity	837 000	646 000	228 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	115 000	0	0
Dividends	0	0	0
Other Current Debt	27 000	22 000	0
Total Current Debt	172 000	22 000	0
Total Equity and Debt	1 008 000	667 000	228 000

Financial indicators	2021	2020	2019
Return on Equity	12,54 %	64,71 %	50,88 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	5,64 %	10,97 %	8,77 %
Current Ratio	5,86	24,5	-
Quick Ratio	−14	−2,11	−1,95
Equity Ratio	0,83	0,97	1
Gross Profit Margin	73,08 %	36,56 %	29,58 %