MAGNHILD SKAVNES AS

6639 TORVIKBUKT

Finances

Share Ownership

Return on Equity

−11,33 %

Current Ratio

2,06

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 972 000	16 204 000	16 422 000	14 389 000
Net Income	−109 000	324 000	840 000	−63 000
Total Assets	3 328 000	3 691 000	3 780 000	3 208 000
Total Equity	962 000	1 071 000	997 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 972 000	16 204 000	16 422 000	14 389 000
Expenditure	15 022 000	15 796 000	15 522 000	14 214 000
Operating Profit	−50 000	407 000	901 000	177 000
Financial Income	1 000	0	0	0
Financial Costs	60 000	65 000	61 000	60 000
Financial Balance	−59 000	−65 000	−61 000	−60 000
Earnings Before Tax	−109 000	342 000	840 000	117 000
Tax	0	17 000	0	180 000
Net Income	−109 000	324 000	840 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	878 000	1 113 000	1 332 000	966 000
Total Current Assets	2 450 000	2 578 000	2 449 000	2 243 000
Total Assets	3 328 000	3 691 000	3 780 000	3 208 000
Total Retained Equity	862 000	971 000	897 000	200 000
Total Equity	962 000	1 071 000	997 000	300 000
Total Long-Term Debt	1 176 000	1 248 000	1 568 000	1 340 000
Total Current Debt	1 191 000	1 372 000	1 216 000	1 569 000
Total Equity and Debt	3 328 000	3 691 000	3 780 000	3 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 770 000	16 006 000	16 150 000	14 190 000
Other Income	202 000	198 000	272 000	199 000
Revenue	14 972 000	16 204 000	16 422 000	14 389 000
Cost of Goods Sold	10 726 000	11 540 000	11 449 000	10 366 000
Salary Costs	2 672 000	2 577 000	2 564 000	2 459 000
Depreciation	235 000	242 000	181 000	174 000
Impairment	0	0	0	0
Expenditure	15 022 000	15 796 000	15 522 000	14 214 000
Operating Profit	−50 000	407 000	901 000	177 000
Financial Income	1 000	0	0	0
Financial Costs	60 000	65 000	61 000	60 000
Financial Balance	−59 000	−65 000	−61 000	−60 000
Dividends	0	250 000	143 000	0
Net Income	−109 000	324 000	840 000	−63 000

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	878 000	1 113 000	1 332 000	966 000
Total Tangible Assets	878 000	1 113 000	1 332 000	966 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	878 000	1 113 000	1 332 000	966 000
Stock	1 399 000	1 358 000	1 214 000	1 095 000
Total Investments	0	0	0	0
Cash, Bank	384 000	455 000	414 000	496 000
Total Current Assets	2 450 000	2 578 000	2 449 000	2 243 000
Total Assets	3 328 000	3 691 000	3 780 000	3 208 000
Total Equity	962 000	1 071 000	997 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 176 000	1 248 000	1 568 000	1 340 000
Creditors	684 000	593 000	690 000	915 000
Unpaid Taxes	194 000	196 000	88 000	218 000
Dividends	0	250 000	143 000	0
Other Current Debt	312 000	566 000	438 000	436 000
Total Current Debt	1 191 000	1 372 000	1 216 000	1 569 000
Total Equity and Debt	3 328 000	3 691 000	3 780 000	3 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,33 %	30,25 %	84,25 %	−21 %
Debt-to-Equity Ratio	1,22	1,17	1,57	4,47
Operating Profit Margin	−0,33 %	2,51 %	5,49 %	1,23 %
Current Ratio	2,06	1,88	2,01	1,43
Quick Ratio	−11,78	184,14	1 224,5	4,73
Equity Ratio	0,29	0,29	0,26	0,09
Gross Profit Margin	28,36 %	28,78 %	30,28 %	27,96 %