MAGIC STORE AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−7,2 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020
Revenue	19 754 000	16 765 000	16 911 000
Net Income	−331 000	−654 000	−982 000
Total Assets	16 491 000	12 783 000	12 961 000
Total Equity	4 599 000	4 931 000	5 585 000

Income (NOK)	2022	2021	2020
Revenue	19 754 000	16 765 000	16 911 000
Expenditure	19 853 000	16 265 000	16 074 000
Operating Profit	−99 000	499 000	838 000
Financial Income	10 000	0	28 000
Financial Costs	335 000	1 334 000	2 087 000
Financial Balance	−325 000	−1 334 000	−2 059 000
Earnings Before Tax	−425 000	−835 000	−1 222 000
Tax	−93 000	−181 000	−240 000
Net Income	−331 000	−654 000	−982 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	619 000	526 000	345 000
Total Current Assets	15 871 000	12 257 000	12 616 000
Total Assets	16 491 000	12 783 000	12 961 000
Total Retained Equity	0	0	0
Total Equity	4 599 000	4 931 000	5 585 000
Total Long-Term Debt	1 297 000	2 064 000	2 831 000
Total Current Debt	10 594 000	5 788 000	4 545 000
Total Equity and Debt	16 491 000	12 783 000	12 961 000

Cash flow (NOK)	2022	2021	2020
Sales Income	19 754 000	16 662 000	16 758 000
Other Income	0	102 000	154 000
Revenue	19 754 000	16 765 000	16 911 000
Cost of Goods Sold	13 997 000	11 606 000	11 831 000
Salary Costs	3 002 000	1 714 000	1 438 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	19 853 000	16 265 000	16 074 000
Operating Profit	−99 000	499 000	838 000
Financial Income	10 000	0	28 000
Financial Costs	335 000	1 334 000	2 087 000
Financial Balance	−325 000	−1 334 000	−2 059 000
Dividends	0	0	0
Net Income	−331 000	−654 000	−982 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	619 000	526 000	345 000
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	0	0
Total Fixed Assets	619 000	526 000	345 000
Stock	12 625 000	9 977 000	8 278 000
Total Investments	0	0	0
Cash, Bank	98 000	110 000	24 000
Total Current Assets	15 871 000	12 257 000	12 616 000
Total Assets	16 491 000	12 783 000	12 961 000
Total Equity	4 599 000	4 931 000	5 585 000
Short-Term Group Debt	303 000	0	500 000
Total Long-Term Debt	1 297 000	2 064 000	2 831 000
Creditors	4 332 000	1 112 000	2 476 000
Unpaid Taxes	368 000	699 000	497 000
Dividends	0	0	0
Other Current Debt	1 188 000	426 000	546 000
Total Current Debt	10 594 000	5 788 000	4 545 000
Total Equity and Debt	16 491 000	12 783 000	12 961 000

Financial indicators	2022	2021	2020
Return on Equity	−7,2 %	−13,26 %	−17,58 %
Debt-to-Equity Ratio	0,28	0,42	0,51
Operating Profit Margin	−0,5 %	2,98 %	4,96 %
Current Ratio	1,5	2,12	2,78
Quick Ratio	−7,81	−2,93	−3,38
Equity Ratio	0,28	0,39	0,43
Gross Profit Margin	29,14 %	30,77 %	30,04 %