MAGIC TOUCH AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

117,39 %

Current Ratio

1,17

Debt-to-Equity Ratio

3,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 262 000	995 000	720 000	1 023 000
Net Income	54 000	52 000	−92 000	235 000
Total Assets	699 000	398 000	87 000	126 000
Total Equity	46 000	−9 000	−61 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 262 000	995 000	720 000	1 023 000
Expenditure	1 198 000	939 000	811 000	773 000
Operating Profit	63 000	56 000	−90 000	250 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	2 000	14 000
Financial Balance	−4 000	−4 000	−2 000	−14 000
Earnings Before Tax	60 000	52 000	−92 000	235 000
Tax	5 000	0	0	0
Net Income	54 000	52 000	−92 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	169 000	29 000	46 000
Total Current Assets	575 000	229 000	58 000	80 000
Total Assets	699 000	398 000	87 000	126 000
Total Retained Equity	16 000	−39 000	−91 000	1 000
Total Equity	46 000	−9 000	−61 000	31 000
Total Long-Term Debt	160 000	167 000	0	0
Total Current Debt	493 000	240 000	148 000	95 000
Total Equity and Debt	699 000	398 000	87 000	126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 262 000	995 000	697 000	1 023 000
Other Income	0	0	24 000	0
Revenue	1 262 000	995 000	720 000	1 023 000
Cost of Goods Sold	33 000	57 000	65 000	52 000
Salary Costs	854 000	574 000	469 000	425 000
Depreciation	45 000	25 000	17 000	4 000
Impairment	0	0	0	0
Expenditure	1 198 000	939 000	811 000	773 000
Operating Profit	63 000	56 000	−90 000	250 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	2 000	14 000
Financial Balance	−4 000	−4 000	−2 000	−14 000
Dividends	0	0	0	0
Net Income	54 000	52 000	−92 000	235 000

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	124 000	169 000	29 000	46 000
Total Tangible Assets	124 000	169 000	29 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 000	169 000	29 000	46 000
Stock	20 000	20 000	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	208 000	108 000	38 000	60 000
Total Current Assets	575 000	229 000	58 000	80 000
Total Assets	699 000	398 000	87 000	126 000
Total Equity	46 000	−9 000	−61 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	167 000	0	0
Creditors	51 000	37 000	10 000	14 000
Unpaid Taxes	164 000	51 000	54 000	53 000
Dividends	0	0	0	0
Other Current Debt	272 000	152 000	84 000	28 000
Total Current Debt	493 000	240 000	148 000	95 000
Total Equity and Debt	699 000	398 000	87 000	126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,39 %	−577,78 %	150,82 %	758,06 %
Debt-to-Equity Ratio	3,48	−18,56	−0	0
Operating Profit Margin	4,99 %	5,63 %	−12,5 %	24,44 %
Current Ratio	1,17	0,95	0,39	0,84
Quick Ratio	1,22	1,04	0,45	1,07
Equity Ratio	0,07	−0,02	−0,7	0,25
Gross Profit Margin	97,39 %	94,27 %	90,97 %	94,92 %