MAGNE BUDSERVICE AS

7603 LEVANGER

Finances

Share Ownership

Return on Equity

12,24 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020
Revenue	813 000	807 000	764 000
Net Income	47 000	88 000	224 000
Total Assets	575 000	554 000	396 000
Total Equity	384 000	337 000	249 000

Income (NOK)	2022	2021	2020
Revenue	813 000	807 000	764 000
Expenditure	754 000	692 000	479 000
Operating Profit	57 000	115 000	286 000
Financial Income	8 000	4 000	0
Financial Costs	4 000	6 000	0
Financial Balance	4 000	−2 000	0
Earnings Before Tax	61 000	113 000	286 000
Tax	13 000	25 000	62 000
Net Income	47 000	88 000	224 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	189 000	246 000	24 000
Total Current Assets	386 000	308 000	372 000
Total Assets	575 000	554 000	396 000
Total Retained Equity	354 000	0	0
Total Equity	384 000	337 000	249 000
Total Long-Term Debt	55 000	62 000	0
Total Current Debt	135 000	155 000	148 000
Total Equity and Debt	575 000	554 000	396 000

Cash flow (NOK)	2022	2021	2020
Sales Income	813 000	807 000	764 000
Other Income	0	0	0
Revenue	813 000	807 000	764 000
Cost of Goods Sold	2 000	2 000	1 000
Salary Costs	375 000	322 000	234 000
Depreciation	37 000	37 000	1 000
Impairment	0	0	0
Expenditure	754 000	692 000	479 000
Operating Profit	57 000	115 000	286 000
Financial Income	8 000	4 000	0
Financial Costs	4 000	6 000	0
Financial Balance	4 000	−2 000	0
Dividends	0	0	0
Net Income	47 000	88 000	224 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	186 000	0
Fixtures	149 000	0	0
Total Tangible Assets	149 000	186 000	0
Total Fiancial Fixed Assets	40 000	60 000	24 000
Total Fixed Assets	189 000	246 000	24 000
Stock	0	0	0
Total Investments	0	114 000	0
Cash, Bank	67 000	0	312 000
Total Current Assets	386 000	308 000	372 000
Total Assets	575 000	554 000	396 000
Total Equity	384 000	337 000	249 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	55 000	62 000	0
Creditors	40 000	72 000	13 000
Unpaid Taxes	49 000	42 000	30 000
Dividends	0	0	0
Other Current Debt	35 000	17 000	43 000
Total Current Debt	135 000	155 000	148 000
Total Equity and Debt	575 000	554 000	396 000

Financial indicators	2022	2021	2020
Return on Equity	12,24 %	26,11 %	89,96 %
Debt-to-Equity Ratio	0,14	0,18	0
Operating Profit Margin	7,01 %	14,25 %	37,43 %
Current Ratio	2,86	1,99	2,51
Quick Ratio	2,86	1,99	2,51
Equity Ratio	0,67	0,61	0,63
Gross Profit Margin	99,75 %	99,75 %	99,87 %