INGENIØR MAGNE OLSEN AS

7071 TRONDHEIM

Finances

Share Ownership

Return on Equity

−2,17 %

Current Ratio

221,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	312 000	312 000	375 000
Net Income	−223 000	92 000	52 000	205 000
Total Assets	10 303 000	10 558 000	10 468 000	10 510 000
Total Equity	10 257 000	10 480 000	10 388 000	10 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	312 000	312 000	375 000
Expenditure	611 000	194 000	251 000	112 000
Operating Profit	−299 000	118 000	61 000	263 000
Financial Income	14 000	0	5 000	33 000
Financial Costs	0	0	0	33 000
Financial Balance	14 000	0	5 000	0
Earnings Before Tax	−286 000	118 000	66 000	263 000
Tax	−63 000	26 000	15 000	58 000
Net Income	−223 000	92 000	52 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	9 294 000	9 294 000	9 307 000
Total Current Assets	10 197 000	1 265 000	1 174 000	1 203 000
Total Assets	10 303 000	10 558 000	10 468 000	10 510 000
Total Retained Equity	10 157 000	10 380 000	10 288 000	10 236 000
Total Equity	10 257 000	10 480 000	10 388 000	10 336 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	46 000	79 000	80 000	174 000
Total Equity and Debt	10 303 000	10 558 000	10 468 000	10 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	312 000	312 000	312 000	375 000
Revenue	312 000	312 000	312 000	375 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	47 000	112 000	−16 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	611 000	194 000	251 000	112 000
Operating Profit	−299 000	118 000	61 000	263 000
Financial Income	14 000	0	5 000	33 000
Financial Costs	0	0	0	33 000
Financial Balance	14 000	0	5 000	0
Dividends	0	0	0	100 000
Net Income	−223 000	92 000	52 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	0	0	14 000
Real Eastate	0	9 250 000	9 250 000	9 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	44 000	44 000	44 000
Total Tangible Assets	44 000	9 294 000	9 294 000	9 294 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 000	9 294 000	9 294 000	9 307 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 167 000	1 115 000	1 165 000	1 194 000
Total Current Assets	10 197 000	1 265 000	1 174 000	1 203 000
Total Assets	10 303 000	10 558 000	10 468 000	10 510 000
Total Equity	10 257 000	10 480 000	10 388 000	10 336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	7 000	6 000	9 000
Unpaid Taxes	0	6 000	21 000	0
Dividends	0	0	0	100 000
Other Current Debt	0	39 000	53 000	65 000
Total Current Debt	46 000	79 000	80 000	174 000
Total Equity and Debt	10 303 000	10 558 000	10 468 000	10 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,17 %	0,88 %	0,5 %	1,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−95,83 %	37,82 %	19,55 %	70,13 %
Current Ratio	221,67	16,01	14,68	6,91
Quick Ratio	221,67	16,01	14,68	6,91
Equity Ratio	1	0,99	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %