MAGNUS MOTOR AS

1658 TORP

Finances

Share Ownership

Return on Equity

7,66 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 460 000	10 401 000	9 099 000	9 626 000
Net Income	94 000	374 000	−63 000	205 000
Total Assets	2 488 000	2 680 000	1 974 000	2 399 000
Total Equity	1 227 000	1 133 000	759 000	822 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 460 000	10 401 000	9 099 000	9 626 000
Expenditure	9 341 000	9 925 000	9 164 000	9 365 000
Operating Profit	119 000	475 000	−66 000	260 000
Financial Income	13 000	15 000	3 000	6 000
Financial Costs	8 000	8 000	10 000	9 000
Financial Balance	5 000	7 000	−7 000	−3 000
Earnings Before Tax	124 000	482 000	−73 000	257 000
Tax	30 000	108 000	−10 000	53 000
Net Income	94 000	374 000	−63 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	446 000	418 000	307 000	349 000
Total Current Assets	2 042 000	2 262 000	1 667 000	2 050 000
Total Assets	2 488 000	2 680 000	1 974 000	2 399 000
Total Retained Equity	1 098 000	1 004 000	630 000	693 000
Total Equity	1 227 000	1 133 000	759 000	822 000
Total Long-Term Debt	34 000	81 000	124 000	166 000
Total Current Debt	1 228 000	1 466 000	1 091 000	1 411 000
Total Equity and Debt	2 488 000	2 680 000	1 974 000	2 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 445 000	10 393 000	9 099 000	9 568 000
Other Income	14 000	8 000	0	59 000
Revenue	9 460 000	10 401 000	9 099 000	9 626 000
Cost of Goods Sold	3 410 000	3 638 000	3 266 000	3 176 000
Salary Costs	3 721 000	4 346 000	3 976 000	4 242 000
Depreciation	53 000	39 000	41 000	38 000
Impairment	0	0	0	0
Expenditure	9 341 000	9 925 000	9 164 000	9 365 000
Operating Profit	119 000	475 000	−66 000	260 000
Financial Income	13 000	15 000	3 000	6 000
Financial Costs	8 000	8 000	10 000	9 000
Financial Balance	5 000	7 000	−7 000	−3 000
Dividends	0	0	0	0
Net Income	94 000	374 000	−63 000	205 000

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	143 000	115 000	154 000	196 000
Total Tangible Assets	143 000	115 000	154 000	196 000
Total Fiancial Fixed Assets	303 000	303 000	153 000	153 000
Total Fixed Assets	446 000	418 000	307 000	349 000
Stock	489 000	404 000	349 000	273 000
Total Investments	0	0	0	0
Cash, Bank	792 000	1 413 000	872 000	1 356 000
Total Current Assets	2 042 000	2 262 000	1 667 000	2 050 000
Total Assets	2 488 000	2 680 000	1 974 000	2 399 000
Total Equity	1 227 000	1 133 000	759 000	822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	81 000	124 000	166 000
Creditors	415 000	401 000	291 000	242 000
Unpaid Taxes	380 000	581 000	436 000	583 000
Dividends	0	0	0	0
Other Current Debt	403 000	377 000	365 000	483 000
Total Current Debt	1 228 000	1 466 000	1 091 000	1 411 000
Total Equity and Debt	2 488 000	2 680 000	1 974 000	2 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,66 %	33,01 %	−8,3 %	24,94 %
Debt-to-Equity Ratio	0,03	0,07	0,16	0,2
Operating Profit Margin	1,26 %	4,57 %	−0,73 %	2,7 %
Current Ratio	1,66	1,54	1,53	1,45
Quick Ratio	2,76	2,13	2,25	1,8
Equity Ratio	0,49	0,42	0,38	0,34
Gross Profit Margin	63,95 %	65,02 %	64,11 %	67,01 %