MAGNE DAVIDSEN TRANSPORT AS

5174 MATHOPEN

Finances

Share Ownership

Return on Equity

42,07 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 207 000	12 202 000	11 856 000	12 555 000
Net Income	329 000	396 000	256 000	−116 000
Total Assets	3 678 000	3 384 000	3 259 000	2 719 000
Total Equity	782 000	554 000	158 000	−98 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 207 000	12 202 000	11 856 000	12 555 000
Expenditure	12 767 000	11 733 000	11 563 000	12 646 000
Operating Profit	440 000	471 000	293 000	−91 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	20 000	26 000	39 000	25 000
Financial Balance	−18 000	−24 000	−37 000	−25 000
Earnings Before Tax	422 000	447 000	256 000	−116 000
Tax	93 000	51 000	0	0
Net Income	329 000	396 000	256 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 000	375 000	537 000	272 000
Total Current Assets	3 386 000	3 009 000	2 723 000	2 447 000
Total Assets	3 678 000	3 384 000	3 259 000	2 719 000
Total Retained Equity	632 000	404 000	8 000	−248 000
Total Equity	782 000	554 000	158 000	−98 000
Total Long-Term Debt	194 000	352 000	499 000	246 000
Total Current Debt	2 702 000	2 478 000	2 603 000	2 571 000
Total Equity and Debt	3 678 000	3 384 000	3 259 000	2 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 207 000	12 080 000	11 731 000	12 460 000
Other Income	0	122 000	125 000	94 000
Revenue	13 207 000	12 202 000	11 856 000	12 555 000
Cost of Goods Sold	684 000	24 000	11 000	0
Salary Costs	7 784 000	8 058 000	8 331 000	9 525 000
Depreciation	149 000	152 000	156 000	143 000
Impairment	0	0	0	0
Expenditure	12 767 000	11 733 000	11 563 000	12 646 000
Operating Profit	440 000	471 000	293 000	−91 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	20 000	26 000	39 000	25 000
Financial Balance	−18 000	−24 000	−37 000	−25 000
Dividends	0	0	0	0
Net Income	329 000	396 000	256 000	−116 000

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	243 000	375 000	537 000	272 000
Total Tangible Assets	243 000	375 000	537 000	272 000
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	293 000	375 000	537 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 491 000	1 473 000	1 199 000	1 046 000
Total Current Assets	3 386 000	3 009 000	2 723 000	2 447 000
Total Assets	3 678 000	3 384 000	3 259 000	2 719 000
Total Equity	782 000	554 000	158 000	−98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 000	352 000	499 000	246 000
Creditors	622 000	478 000	322 000	226 000
Unpaid Taxes	908 000	917 000	1 011 000	1 062 000
Dividends	0	0	0	0
Other Current Debt	1 060 000	1 057 000	1 270 000	1 283 000
Total Current Debt	2 702 000	2 478 000	2 603 000	2 571 000
Total Equity and Debt	3 678 000	3 384 000	3 259 000	2 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,07 %	71,48 %	162,03 %	118,37 %
Debt-to-Equity Ratio	0,25	0,64	3,16	−2,51
Operating Profit Margin	3,33 %	3,86 %	2,47 %	−0,72 %
Current Ratio	1,25	1,21	1,05	0,95
Quick Ratio	1,25	1,21	1,05	0,95
Equity Ratio	0,21	0,16	0,05	−0,04
Gross Profit Margin	94,82 %	99,8 %	99,91 %	100 %