G M MAGNUSSEN AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

11,92 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 021 000	18 104 000	19 443 000	16 161 000
Net Income	648 000	1 118 000	2 094 000	908 000
Total Assets	9 293 000	8 870 000	13 297 000	11 704 000
Total Equity	5 436 000	5 199 000	5 274 000	6 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 021 000	18 104 000	19 443 000	16 161 000
Expenditure	15 259 000	16 655 000	16 790 000	15 115 000
Operating Profit	763 000	1 449 000	2 652 000	1 047 000
Financial Income	1 000	6 000	58 000	75 000
Financial Costs	0	1 000	1 000	0
Financial Balance	1 000	5 000	57 000	75 000
Earnings Before Tax	764 000	1 454 000	2 709 000	1 121 000
Tax	116 000	336 000	615 000	213 000
Net Income	648 000	1 118 000	2 094 000	908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	587 000	393 000	475 000	589 000
Total Current Assets	8 706 000	8 476 000	12 823 000	11 115 000
Total Assets	9 293 000	8 870 000	13 297 000	11 704 000
Total Retained Equity	5 232 000	4 995 000	5 071 000	5 970 000
Total Equity	5 436 000	5 199 000	5 274 000	6 174 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 857 000	3 671 000	8 023 000	5 530 000
Total Equity and Debt	9 293 000	8 870 000	13 297 000	11 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 788 000	18 104 000	19 443 000	16 013 000
Other Income	233 000	0	0	148 000
Revenue	16 021 000	18 104 000	19 443 000	16 161 000
Cost of Goods Sold	8 839 000	10 110 000	10 940 000	9 352 000
Salary Costs	3 917 000	4 194 000	4 002 000	4 008 000
Depreciation	121 000	110 000	114 000	105 000
Impairment	0	0	0	0
Expenditure	15 259 000	16 655 000	16 790 000	15 115 000
Operating Profit	763 000	1 449 000	2 652 000	1 047 000
Financial Income	1 000	6 000	58 000	75 000
Financial Costs	0	1 000	1 000	0
Financial Balance	1 000	5 000	57 000	75 000
Dividends	0	0	0	0
Net Income	648 000	1 118 000	2 094 000	908 000

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	587 000	393 000	475 000	589 000
Total Tangible Assets	587 000	393 000	475 000	589 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	587 000	393 000	475 000	589 000
Stock	4 047 000	4 519 000	4 203 000	3 735 000
Total Investments	0	0	0	0
Cash, Bank	4 376 000	3 737 000	8 358 000	7 150 000
Total Current Assets	8 706 000	8 476 000	12 823 000	11 115 000
Total Assets	9 293 000	8 870 000	13 297 000	11 704 000
Total Equity	5 436 000	5 199 000	5 274 000	6 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 056 000	789 000	901 000	868 000
Unpaid Taxes	797 000	865 000	968 000	874 000
Dividends	0	0	0	0
Other Current Debt	2 004 000	2 016 000	5 546 000	3 582 000
Total Current Debt	3 857 000	3 671 000	8 023 000	5 530 000
Total Equity and Debt	9 293 000	8 870 000	13 297 000	11 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,92 %	21,5 %	39,7 %	14,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,76 %	8 %	13,64 %	6,48 %
Current Ratio	2,26	2,31	1,6	2,01
Quick Ratio	−45,82	−10	3,36	6,19
Equity Ratio	0,58	0,59	0,4	0,53
Gross Profit Margin	44,83 %	44,16 %	43,73 %	42,13 %