MAGTECH AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

0,61 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 057 000	3 568 000	4 217 000	2 350 000
Net Income	23 000	−759 000	206 000	4 841 000
Total Assets	9 521 000	8 208 000	7 207 000	9 947 000
Total Equity	3 745 000	3 722 000	4 481 000	8 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 057 000	3 568 000	4 217 000	2 350 000
Expenditure	8 966 000	4 512 000	4 260 000	2 979 000
Operating Profit	91 000	−945 000	−43 000	−629 000
Financial Income	110 000	26 000	112 000	37 000
Financial Costs	179 000	58 000	11 000	3 000
Financial Balance	−69 000	−32 000	101 000	34 000
Earnings Before Tax	23 000	−978 000	59 000	−595 000
Tax	0	−218 000	−147 000	−5 436 000
Net Income	23 000	−759 000	206 000	4 841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 170 000	7 077 000	4 801 000	3 290 000
Total Current Assets	2 351 000	1 130 000	2 406 000	6 657 000
Total Assets	9 521 000	8 208 000	7 207 000	9 947 000
Total Retained Equity	3 242 000	3 220 000	3 979 000	8 273 000
Total Equity	3 745 000	3 722 000	4 481 000	8 775 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 776 000	4 485 000	2 726 000	1 172 000
Total Equity and Debt	9 521 000	8 208 000	7 207 000	9 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 057 000	3 568 000	4 217 000	2 350 000
Other Income	0	0	0	0
Revenue	9 057 000	3 568 000	4 217 000	2 350 000
Cost of Goods Sold	7 454 000	3 029 000	3 575 000	2 002 000
Salary Costs	0	396 000	242 000	219 000
Depreciation	708 000	708 000	39 000	0
Impairment	0	0	0	0
Expenditure	8 966 000	4 512 000	4 260 000	2 979 000
Operating Profit	91 000	−945 000	−43 000	−629 000
Financial Income	110 000	26 000	112 000	37 000
Financial Costs	179 000	58 000	11 000	3 000
Financial Balance	−69 000	−32 000	101 000	34 000
Dividends	0	0	0	0
Net Income	23 000	−759 000	206 000	4 841 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 170 000	7 077 000	4 801 000	3 290 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 170 000	7 077 000	4 801 000	3 290 000
Stock	42 000	42 000	42 000	42 000
Total Investments	0	0	0	0
Cash, Bank	1 000	261 000	1 194 000	46 000
Total Current Assets	2 351 000	1 130 000	2 406 000	6 657 000
Total Assets	9 521 000	8 208 000	7 207 000	9 947 000
Total Equity	3 745 000	3 722 000	4 481 000	8 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	407 000	47 000	319 000	1 172 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	2 407 000	0
Total Current Debt	5 776 000	4 485 000	2 726 000	1 172 000
Total Equity and Debt	9 521 000	8 208 000	7 207 000	9 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,61 %	−20,39 %	4,6 %	55,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1 %	−26,49 %	−1,02 %	−26,77 %
Current Ratio	0,41	0,25	0,88	5,68
Quick Ratio	0,41	0,25	0,9	5,89
Equity Ratio	0,39	0,45	0,62	0,88
Gross Profit Margin	17,7 %	15,11 %	15,22 %	14,81 %