MAGNE HAFSTAD AS

6800 FØRDE

Finances

Return on Equity

23,35 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 257 000	136 016 000	107 444 000	101 217 000
Net Income	10 080 000	17 694 000	12 217 000	7 311 000
Total Assets	117 753 000	111 409 000	98 975 000	78 250 000
Total Equity	43 163 000	41 082 000	31 388 000	27 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 257 000	136 016 000	107 444 000	101 217 000
Expenditure	71 514 000	59 456 000	56 990 000	48 895 000
Operating Profit	14 591 000	22 966 000	16 441 000	9 960 000
Financial Income	117 000	656 000	467 000	301 000
Financial Costs	1 774 000	930 000	1 253 000	842 000
Financial Balance	−1 657 000	−274 000	−786 000	−541 000
Earnings Before Tax	12 934 000	22 692 000	15 655 000	9 420 000
Tax	2 854 000	4 998 000	3 438 000	2 108 000
Net Income	10 080 000	17 694 000	12 217 000	7 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 113 000	42 466 000	42 596 000	38 591 000
Total Current Assets	48 640 000	68 943 000	56 380 000	39 659 000
Total Assets	117 753 000	111 409 000	98 975 000	78 250 000
Total Retained Equity	35 963 000	33 882 000	24 188 000	19 971 000
Total Equity	43 163 000	41 082 000	31 388 000	27 171 000
Total Long-Term Debt	31 913 000	26 374 000	29 484 000	26 782 000
Total Current Debt	42 677 000	43 953 000	38 104 000	24 297 000
Total Equity and Debt	117 753 000	111 409 000	98 975 000	78 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 770 000	134 887 000	107 414 000	100 400 000
Other Income	2 487 000	1 129 000	30 000	818 000
Revenue	150 257 000	136 016 000	107 444 000	101 217 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 329 000	27 911 000	25 680 000	23 248 000
Depreciation	12 409 000	10 616 000	9 373 000	8 276 000
Impairment	0	0	0	0
Expenditure	71 514 000	59 456 000	56 990 000	48 895 000
Operating Profit	14 591 000	22 966 000	16 441 000	9 960 000
Financial Income	117 000	656 000	467 000	301 000
Financial Costs	1 774 000	930 000	1 253 000	842 000
Financial Balance	−1 657 000	−274 000	−786 000	−541 000
Dividends	8 000 000	8 000 000	8 000 000	6 000 000
Net Income	10 080 000	17 694 000	12 217 000	7 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 988 000	3 988 000	792 000	792 000
Machinery and Plant Facilities	8 869 000	4 345 000	5 952 000	7 497 000
Fixtures	43 459 000	33 133 000	34 664 000	28 978 000
Total Tangible Assets	56 405 000	41 576 000	41 516 000	37 267 000
Total Fiancial Fixed Assets	12 708 000	890 000	1 080 000	1 324 000
Total Fixed Assets	69 113 000	42 466 000	42 596 000	38 591 000
Stock	58 000	0	0	0
Total Investments	0	0	23 148 000	0
Cash, Bank	10 711 000	13 499 000	3 022 000	18 696 000
Total Current Assets	48 640 000	68 943 000	56 380 000	39 659 000
Total Assets	117 753 000	111 409 000	98 975 000	78 250 000
Total Equity	43 163 000	41 082 000	31 388 000	27 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 913 000	26 374 000	29 484 000	26 782 000
Creditors	19 056 000	17 602 000	19 618 000	7 095 000
Unpaid Taxes	7 039 000	7 947 000	3 807 000	6 593 000
Dividends	8 000 000	8 000 000	8 000 000	6 000 000
Other Current Debt	6 439 000	13 274 000	11 187 000	8 735 000
Total Current Debt	42 677 000	43 953 000	38 104 000	24 297 000
Total Equity and Debt	117 753 000	111 409 000	98 975 000	78 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,35 %	43,07 %	38,92 %	26,91 %
Debt-to-Equity Ratio	0,74	0,64	0,94	0,99
Operating Profit Margin	9,71 %	16,88 %	15,3 %	9,84 %
Current Ratio	1,14	1,57	1,48	1,63
Quick Ratio	1,14	1,57	1,48	1,63
Equity Ratio	0,37	0,37	0,32	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %