MAGNES AUTO AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−15,52 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	643 000	542 000	531 000
Net Income	9 000	9 000	−18 000	−42 000
Total Assets	277 000	240 000	235 000	267 000
Total Equity	−58 000	−68 000	−76 000	−58 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	643 000	542 000	531 000
Expenditure	558 000	621 000	548 000	561 000
Operating Profit	24 000	21 000	−7 000	−30 000
Financial Income	0	0	0	0
Financial Costs	14 000	13 000	11 000	13 000
Financial Balance	−14 000	−13 000	−11 000	−13 000
Earnings Before Tax	9 000	9 000	−18 000	−42 000
Tax	0	0	0	0
Net Income	9 000	9 000	−18 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	13 000	21 000	31 000
Total Current Assets	267 000	227 000	214 000	236 000
Total Assets	277 000	240 000	235 000	267 000
Total Retained Equity	−158 000	−168 000	−176 000	−158 000
Total Equity	−58 000	−68 000	−76 000	−58 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	335 000	307 000	311 000	325 000
Total Equity and Debt	277 000	240 000	235 000	267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	582 000	643 000	542 000	531 000
Other Income	0	0	0	0
Revenue	582 000	643 000	542 000	531 000
Cost of Goods Sold	82 000	137 000	102 000	104 000
Salary Costs	151 000	164 000	122 000	133 000
Depreciation	4 000	8 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	558 000	621 000	548 000	561 000
Operating Profit	24 000	21 000	−7 000	−30 000
Financial Income	0	0	0	0
Financial Costs	14 000	13 000	11 000	13 000
Financial Balance	−14 000	−13 000	−11 000	−13 000
Dividends	0	0	0	0
Net Income	9 000	9 000	−18 000	−42 000

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	9 000	13 000	21 000	31 000
Total Tangible Assets	9 000	13 000	21 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	13 000	21 000	31 000
Stock	197 000	193 000	199 000	184 000
Total Investments	0	0	0	0
Cash, Bank	4 000	6 000	3 000	4 000
Total Current Assets	267 000	227 000	214 000	236 000
Total Assets	277 000	240 000	235 000	267 000
Total Equity	−58 000	−68 000	−76 000	−58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	44 000	60 000	53 000
Unpaid Taxes	33 000	39 000	45 000	108 000
Dividends	0	0	0	0
Other Current Debt	171 000	157 000	127 000	74 000
Total Current Debt	335 000	307 000	311 000	325 000
Total Equity and Debt	277 000	240 000	235 000	267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,52 %	−13,24 %	23,68 %	72,41 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	4,12 %	3,27 %	−1,29 %	−5,65 %
Current Ratio	0,8	0,74	0,69	0,73
Quick Ratio	1,93	1,99	1,91	1,67
Equity Ratio	−0,21	−0,28	−0,32	−0,22
Gross Profit Margin	85,91 %	78,69 %	81,18 %	80,41 %