MAGNUS VENNEFORENINGEN

3853 VRÅDAL

Finances

Return on Equity

5,63 %

Current Ratio

11,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 286 000	1 294 000	1 191 000	1 074 000
Net Income	69 000	179 000	184 000	96 000
Total Assets	1 345 000	1 268 000	1 070 000	862 000
Total Equity	1 225 000	1 155 000	977 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 286 000	1 294 000	1 191 000	1 074 000
Expenditure	1 189 000	1 060 000	951 000	948 000
Operating Profit	98 000	234 000	240 000	126 000
Financial Income	2 000	0	0	0
Financial Costs	8 000	3 000	2 000	2 000
Financial Balance	−6 000	−3 000	−2 000	−2 000
Earnings Before Tax	91 000	231 000	238 000	124 000
Tax	22 000	53 000	54 000	28 000
Net Income	69 000	179 000	184 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 345 000	1 268 000	1 070 000	862 000
Total Assets	1 345 000	1 268 000	1 070 000	862 000
Total Retained Equity	1 225 000	1 155 000	977 000	793 000
Total Equity	1 225 000	1 155 000	977 000	793 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	113 000	93 000	69 000
Total Equity and Debt	1 345 000	1 268 000	1 070 000	862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 086 000	1 094 000	989 000	974 000
Other Income	200 000	200 000	202 000	100 000
Revenue	1 286 000	1 294 000	1 191 000	1 074 000
Cost of Goods Sold	0	0	0	0
Salary Costs	556 000	534 000	395 000	468 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 189 000	1 060 000	951 000	948 000
Operating Profit	98 000	234 000	240 000	126 000
Financial Income	2 000	0	0	0
Financial Costs	8 000	3 000	2 000	2 000
Financial Balance	−6 000	−3 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	69 000	179 000	184 000	96 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 328 000	1 260 000	1 067 000	847 000
Total Current Assets	1 345 000	1 268 000	1 070 000	862 000
Total Assets	1 345 000	1 268 000	1 070 000	862 000
Total Equity	1 225 000	1 155 000	977 000	793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	3 000	0
Unpaid Taxes	50 000	7 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	43 000	53 000	33 000	37 000
Total Current Debt	120 000	113 000	93 000	69 000
Total Equity and Debt	1 345 000	1 268 000	1 070 000	862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,63 %	15,5 %	18,83 %	12,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,62 %	18,08 %	20,15 %	11,73 %
Current Ratio	11,21	11,22	11,51	12,49
Quick Ratio	11,21	11,22	11,51	12,49
Equity Ratio	0,91	0,91	0,91	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %