MAGIC SAKS AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

−70 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	662 000	637 000	340 000
Net Income	−21 000	75 000	−148 000
Total Assets	88 000	109 000	0
Total Equity	30 000	30 000	0

Income (NOK)	2022	2021	2020
Revenue	662 000	637 000	340 000
Expenditure	682 000	562 000	489 000
Operating Profit	−21 000	75 000	−148 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−21 000	75 000	−148 000
Tax	0	0	0
Net Income	−21 000	75 000	−148 000

Balance (NOK)	2022	2021
Total Fixed Assets	88 000	109 000
Total Current Assets	0	0
Total Assets	88 000	109 000
Total Retained Equity	0	0
Total Equity	30 000	30 000
Total Long-Term Debt	0	0
Total Current Debt	58 000	79 000
Total Equity and Debt	88 000	109 000

Cash flow (NOK)	2022	2021	2020
Sales Income	662 000	637 000	340 000
Other Income	0	0	0
Revenue	662 000	637 000	340 000
Cost of Goods Sold	20 000	18 000	22 000
Salary Costs	435 000	338 000	150 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	682 000	562 000	489 000
Operating Profit	−21 000	75 000	−148 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−21 000	75 000	−148 000

Balance details (NOK)	2022	2021
Goodwill	0	0
Total Intangible Assets	0	0
Real Eastate	0	0
Machinery and Plant Facilities	0	0
Fixtures	88 000	109 000
Total Tangible Assets	88 000	109 000
Total Fiancial Fixed Assets	0	0
Total Fixed Assets	88 000	109 000
Stock	0	0
Total Investments	0	0
Cash, Bank	0	0
Total Current Assets	0	0
Total Assets	88 000	109 000
Total Equity	30 000	30 000
Short-Term Group Debt	0	0
Total Long-Term Debt	0	0
Creditors	0	0
Unpaid Taxes	0	0
Dividends	0	0
Other Current Debt	58 000	79 000
Total Current Debt	58 000	79 000
Total Equity and Debt	88 000	109 000

Financial indicators	2022	2021	2020
Return on Equity	−70 %	250 %	-
Debt-to-Equity Ratio	0	0	-
Operating Profit Margin	−3,17 %	11,77 %	−43,53 %
Current Ratio	0	0	-
Quick Ratio	0	0	-
Equity Ratio	0,34	0,28	-
Gross Profit Margin	96,98 %	97,17 %	93,53 %