MAGIC NORTH AS

8006 BODØ

Finances

Return on Equity

15,21 %

Current Ratio

3,38

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2021	2020	2019	2018
Revenue	11 638 000	15 543 000	28 395 000	22 430 000
Net Income	1 117 000	645 000	3 620 000	565 000
Total Assets	24 940 000	24 087 000	16 913 000	12 623 000
Total Equity	7 344 000	6 225 000	5 580 000	1 960 000

Income (NOK)	2021	2020	2019	2018
Revenue	11 638 000	15 543 000	28 395 000	22 430 000
Expenditure	9 675 000	14 139 000	22 978 000	20 682 000
Operating Profit	1 963 000	1 404 000	5 417 000	1 748 000
Financial Income	0	1 000	82 000	−11 000
Financial Costs	524 000	574 000	878 000	817 000
Financial Balance	−524 000	−573 000	−796 000	−828 000
Earnings Before Tax	1 440 000	831 000	4 620 000	920 000
Tax	323 000	186 000	1 000 000	355 000
Net Income	1 117 000	645 000	3 620 000	565 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	10 163 000	10 314 000	12 873 000	10 421 000
Total Current Assets	14 777 000	13 774 000	4 041 000	2 202 000
Total Assets	24 940 000	24 087 000	16 913 000	12 623 000
Total Retained Equity	4 826 000	3 707 000	3 062 000	−558 000
Total Equity	7 344 000	6 225 000	5 580 000	1 960 000
Total Long-Term Debt	13 218 000	12 924 000	6 740 000	6 931 000
Total Current Debt	4 378 000	4 938 000	4 593 000	3 732 000
Total Equity and Debt	24 940 000	24 087 000	16 913 000	12 623 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 179 000	7 507 000	27 831 000	22 343 000
Other Income	5 459 000	8 036 000	564 000	87 000
Revenue	11 638 000	15 543 000	28 395 000	22 430 000
Cost of Goods Sold	919 000	1 410 000	3 813 000	2 923 000
Salary Costs	3 365 000	5 012 000	10 890 000	8 773 000
Depreciation	606 000	802 000	855 000	1 201 000
Impairment	0	0	0	0
Expenditure	9 675 000	14 139 000	22 978 000	20 682 000
Operating Profit	1 963 000	1 404 000	5 417 000	1 748 000
Financial Income	0	1 000	82 000	−11 000
Financial Costs	524 000	574 000	878 000	817 000
Financial Balance	−524 000	−573 000	−796 000	−828 000
Dividends	0	0	0	0
Net Income	1 117 000	645 000	3 620 000	565 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 741 000	1 475 000	1 662 000	2 662 000
Real Eastate	2 615 000	1 980 000	2 026 000	2 071 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 368 000	1 642 000	2 370 000	2 613 000
Total Tangible Assets	3 982 000	3 622 000	4 396 000	4 684 000
Total Fiancial Fixed Assets	4 439 000	5 216 000	6 815 000	3 075 000
Total Fixed Assets	10 163 000	10 314 000	12 873 000	10 421 000
Stock	875 000	1 006 000	1 279 000	1 226 000
Total Investments	0	0	0	0
Cash, Bank	11 250 000	10 956 000	1 417 000	463 000
Total Current Assets	14 777 000	13 774 000	4 041 000	2 202 000
Total Assets	24 940 000	24 087 000	16 913 000	12 623 000
Total Equity	7 344 000	6 225 000	5 580 000	1 960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 218 000	12 924 000	6 740 000	6 931 000
Creditors	1 854 000	1 032 000	984 000	864 000
Unpaid Taxes	279 000	230 000	892 000	467 000
Dividends	0	0	0	0
Other Current Debt	1 990 000	3 676 000	2 717 000	2 159 000
Total Current Debt	4 378 000	4 938 000	4 593 000	3 732 000
Total Equity and Debt	24 940 000	24 087 000	16 913 000	12 623 000

Financial indicators	2021	2020	2019	2018
Return on Equity	15,21 %	10,36 %	64,87 %	28,83 %
Debt-to-Equity Ratio	1,8	2,08	1,21	3,54
Operating Profit Margin	16,87 %	9,03 %	19,08 %	7,79 %
Current Ratio	3,38	2,79	0,88	0,59
Quick Ratio	4,22	3,5	1,22	0,88
Equity Ratio	0,29	0,26	0,33	0,16
Gross Profit Margin	92,1 %	90,93 %	86,57 %	86,97 %