MAGNESEN TRANSPORT AS

5124 MORVIK

Finances

Share Ownership

Return on Equity

20,15 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	187 000	285 000	345 000
Net Income	27 000	−48 000	69 000	−121 000
Total Assets	222 000	170 000	184 000	140 000
Total Equity	134 000	106 000	154 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	187 000	285 000	345 000
Expenditure	201 000	236 000	215 000	466 000
Operating Profit	29 000	−48 000	70 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	−1 000	0
Earnings Before Tax	27 000	−48 000	69 000	−121 000
Tax	0	0	0	0
Net Income	27 000	−48 000	69 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	8 000	18 000	32 000
Total Current Assets	86 000	162 000	166 000	107 000
Total Assets	222 000	170 000	184 000	140 000
Total Retained Equity	34 000	6 000	54 000	−15 000
Total Equity	134 000	106 000	154 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	64 000	30 000	55 000
Total Equity and Debt	222 000	170 000	184 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 000	187 000	285 000	345 000
Other Income	0	0	0	0
Revenue	230 000	187 000	285 000	345 000
Cost of Goods Sold	26 000	0	0	0
Salary Costs	2 000	82 000	50 000	269 000
Depreciation	14 000	11 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	201 000	236 000	215 000	466 000
Operating Profit	29 000	−48 000	70 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	27 000	−48 000	69 000	−121 000

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	134 000	7 000	17 000	31 000
Total Tangible Assets	134 000	7 000	17 000	31 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	135 000	8 000	18 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	144 000	108 000	53 000
Total Current Assets	86 000	162 000	166 000	107 000
Total Assets	222 000	170 000	184 000	140 000
Total Equity	134 000	106 000	154 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	5 000	7 000	15 000
Unpaid Taxes	1 000	57 000	14 000	12 000
Dividends	0	0	0	0
Other Current Debt	80 000	1 000	9 000	28 000
Total Current Debt	88 000	64 000	30 000	55 000
Total Equity and Debt	222 000	170 000	184 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,15 %	−45,28 %	44,81 %	−142,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,61 %	−25,67 %	24,56 %	−35,07 %
Current Ratio	0,98	2,53	5,53	1,95
Quick Ratio	0,98	2,53	5,53	1,95
Equity Ratio	0,6	0,62	0,84	0,61
Gross Profit Margin	88,7 %	100 %	100 %	100 %