MAGNUS WATHNE HOLDING AS

5523 HAUGESUND

Finances

Return on Equity

−14,1 %

Current Ratio

15,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	50 000	0	0
Net Income	−2 988 000	22 025 000	−11 000	231 000
Total Assets	21 666 000	25 105 000	2 839 000	3 050 000
Total Equity	21 194 000	24 853 000	2 828 000	3 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	50 000	0	0
Expenditure	263 000	10 000	11 000	19 000
Operating Profit	−143 000	40 000	−11 000	−19 000
Financial Income	190 000	22 124 000	0	250 000
Financial Costs	3 035 000	129 000	0	0
Financial Balance	−2 845 000	21 995 000	0	250 000
Earnings Before Tax	−2 988 000	22 035 000	−11 000	231 000
Tax	0	10 000	0	0
Net Income	−2 988 000	22 025 000	−11 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 158 000	22 419 000	2 760 000	2 749 000
Total Current Assets	7 508 000	2 686 000	79 000	301 000
Total Assets	21 666 000	25 105 000	2 839 000	3 050 000
Total Retained Equity	18 445 000	22 104 000	79 000	290 000
Total Equity	21 194 000	24 853 000	2 828 000	3 039 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	473 000	252 000	11 000	12 000
Total Equity and Debt	21 666 000	25 105 000	2 839 000	3 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	50 000	0	0
Revenue	120 000	50 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	263 000	10 000	11 000	19 000
Operating Profit	−143 000	40 000	−11 000	−19 000
Financial Income	190 000	22 124 000	0	250 000
Financial Costs	3 035 000	129 000	0	0
Financial Balance	−2 845 000	21 995 000	0	250 000
Dividends	471 000	0	0	0
Net Income	−2 988 000	22 025 000	−11 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 634 000	4 634 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 634 000	4 634 000	0	0
Total Fiancial Fixed Assets	9 525 000	17 786 000	2 760 000	2 749 000
Total Fixed Assets	14 158 000	22 419 000	2 760 000	2 749 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 037 000	2 686 000	79 000	51 000
Total Current Assets	7 508 000	2 686 000	79 000	301 000
Total Assets	21 666 000	25 105 000	2 839 000	3 050 000
Total Equity	21 194 000	24 853 000	2 828 000	3 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	471 000	0	0	0
Other Current Debt	1 000	242 000	11 000	12 000
Total Current Debt	473 000	252 000	11 000	12 000
Total Equity and Debt	21 666 000	25 105 000	2 839 000	3 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,1 %	88,62 %	−0,39 %	7,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−119,17 %	80 %	-	-
Current Ratio	15,87	10,66	7,18	25,08
Quick Ratio	15,87	10,66	7,18	25,08
Equity Ratio	0,98	0,99	1	1
Gross Profit Margin	100 %	100 %	-	-