MAGNOR RIGGERTEAM AS

2240 MAGNOR

Finances

Share Ownership

Return on Equity

9,02 %

Current Ratio

−1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 801 000	2 566 000	2 190 000	1 087 000
Net Income	273 000	1 139 000	1 071 000	521 000
Total Assets	2 319 000	2 863 000	1 946 000	580 000
Total Equity	3 025 000	2 752 000	1 614 000	543 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 801 000	2 566 000	2 190 000	1 087 000
Expenditure	2 419 000	1 414 000	1 065 000	566 000
Operating Profit	381 000	1 151 000	1 124 000	521 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	53 000	0
Financial Balance	−5 000	−12 000	−53 000	0
Earnings Before Tax	376 000	1 139 000	1 071 000	521 000
Tax	104 000	0	0	0
Net Income	273 000	1 139 000	1 071 000	521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 147 000	1 095 000	59 000	99 000
Total Current Assets	1 172 000	1 768 000	1 887 000	481 000
Total Assets	2 319 000	2 863 000	1 946 000	580 000
Total Retained Equity	2 995 000	2 722 000	1 592 000	521 000
Total Equity	3 025 000	2 752 000	1 614 000	543 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−706 000	111 000	332 000	37 000
Total Equity and Debt	2 319 000	2 863 000	1 946 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 801 000	2 566 000	2 190 000	1 087 000
Other Income	0	0	0	0
Revenue	2 801 000	2 566 000	2 190 000	1 087 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 287 000	902 000	907 000	376 000
Depreciation	304 000	216 000	5 000	1 000
Impairment	19 000	0	35 000	0
Expenditure	2 419 000	1 414 000	1 065 000	566 000
Operating Profit	381 000	1 151 000	1 124 000	521 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	53 000	0
Financial Balance	−5 000	−12 000	−53 000	0
Dividends	0	0	0	0
Net Income	273 000	1 139 000	1 071 000	521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	197 000	248 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	410 000	126 000	59 000	99 000
Total Tangible Assets	1 147 000	1 095 000	59 000	99 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 147 000	1 095 000	59 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	894 000	1 468 000	1 536 000	182 000
Total Current Assets	1 172 000	1 768 000	1 887 000	481 000
Total Assets	2 319 000	2 863 000	1 946 000	580 000
Total Equity	3 025 000	2 752 000	1 614 000	543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	18 000	1 000	0
Unpaid Taxes	161 000	166 000	267 000	−2 000
Dividends	0	0	0	0
Other Current Debt	135 000	94 000	95 000	39 000
Total Current Debt	−706 000	111 000	332 000	37 000
Total Equity and Debt	2 319 000	2 863 000	1 946 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,02 %	41,39 %	66,36 %	95,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,6 %	44,86 %	51,32 %	47,93 %
Current Ratio	−1,66	15,93	5,68	13
Quick Ratio	−1,66	15,93	5,68	13
Equity Ratio	1,3	0,96	0,83	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %