MAGNE GITMARK & CO AS

4790 LILLESAND

Finances

Return on Equity

11,72 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	229 262 000	203 375 000	191 956 000	193 175 000
Net Income	5 031 000	6 917 000	2 383 000	7 705 000
Total Assets	112 140 000	86 539 000	94 368 000	72 218 000
Total Equity	42 940 000	37 909 000	33 992 000	32 108 000

Income (NOK)	2022	2021	2020	2019
Revenue	229 262 000	203 375 000	191 956 000	193 175 000
Expenditure	222 224 000	192 235 000	186 533 000	183 442 000
Operating Profit	7 038 000	11 140 000	5 423 000	9 733 000
Financial Income	307 000	3 174 000	134 000	1 254 000
Financial Costs	843 000	5 425 000	2 478 000	1 085 000
Financial Balance	−536 000	−2 251 000	−2 344 000	169 000
Earnings Before Tax	6 501 000	8 889 000	3 079 000	9 901 000
Tax	1 470 000	1 971 000	696 000	2 197 000
Net Income	5 031 000	6 917 000	2 383 000	7 705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 867 000	14 414 000	8 362 000	12 685 000
Total Current Assets	99 273 000	72 125 000	86 006 000	59 534 000
Total Assets	112 140 000	86 539 000	94 368 000	72 218 000
Total Retained Equity	37 615 000	32 584 000	28 667 000	26 783 000
Total Equity	42 940 000	37 909 000	33 992 000	32 108 000
Total Long-Term Debt	8 023 000	11 272 000	11 230 000	14 987 000
Total Current Debt	61 177 000	37 358 000	49 147 000	25 123 000
Total Equity and Debt	112 140 000	86 539 000	94 368 000	72 218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 824 000	198 049 000	188 085 000	187 668 000
Other Income	3 439 000	5 327 000	3 871 000	5 507 000
Revenue	229 262 000	203 375 000	191 956 000	193 175 000
Cost of Goods Sold	178 170 000	153 024 000	153 180 000	150 643 000
Salary Costs	26 213 000	23 911 000	21 248 000	20 243 000
Depreciation	3 424 000	3 824 000	3 189 000	2 323 000
Impairment	0	0	0	0
Expenditure	222 224 000	192 235 000	186 533 000	183 442 000
Operating Profit	7 038 000	11 140 000	5 423 000	9 733 000
Financial Income	307 000	3 174 000	134 000	1 254 000
Financial Costs	843 000	5 425 000	2 478 000	1 085 000
Financial Balance	−536 000	−2 251 000	−2 344 000	169 000
Dividends	0	0	0	0
Net Income	5 031 000	6 917 000	2 383 000	7 705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	896 000	918 000	999 000	689 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 310 000	9 413 000	5 594 000	10 449 000
Fixtures	5 532 000	3 976 000	1 703 000	1 480 000
Total Tangible Assets	11 842 000	13 389 000	7 297 000	11 929 000
Total Fiancial Fixed Assets	129 000	107 000	66 000	66 000
Total Fixed Assets	12 867 000	14 414 000	8 362 000	12 685 000
Stock	80 300 000	51 876 000	58 889 000	44 963 000
Total Investments	0	0	0	0
Cash, Bank	6 371 000	10 869 000	6 443 000	2 227 000
Total Current Assets	99 273 000	72 125 000	86 006 000	59 534 000
Total Assets	112 140 000	86 539 000	94 368 000	72 218 000
Total Equity	42 940 000	37 909 000	33 992 000	32 108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 023 000	11 272 000	11 230 000	14 987 000
Creditors	36 585 000	16 611 000	14 674 000	10 572 000
Unpaid Taxes	5 222 000	6 170 000	4 895 000	4 072 000
Dividends	0	0	0	0
Other Current Debt	7 390 000	6 846 000	26 705 000	6 164 000
Total Current Debt	61 177 000	37 358 000	49 147 000	25 123 000
Total Equity and Debt	112 140 000	86 539 000	94 368 000	72 218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,72 %	18,25 %	7,01 %	24 %
Debt-to-Equity Ratio	0,19	0,3	0,33	0,47
Operating Profit Margin	3,07 %	5,48 %	2,83 %	5,04 %
Current Ratio	1,62	1,93	1,75	2,37
Quick Ratio	−5,19	−4,97	−8,83	−3
Equity Ratio	0,38	0,44	0,36	0,44
Gross Profit Margin	22,29 %	24,76 %	20,2 %	22,02 %