MAGNE SKURTVEIT AS

5019 BERGEN

Finances

Return on Equity

3,7 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	565 000	404 000	410 000	8 185 000
Total Assets	18 401 000	18 344 000	18 498 000	19 333 000
Total Equity	15 257 000	16 492 000	16 688 000	16 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	159 000	151 000	157 000	153 000
Operating Profit	−158 000	−150 000	−156 000	−152 000
Financial Income	863 000	646 000	659 000	8 498 000
Financial Costs	45 000	43 000	41 000	78 000
Financial Balance	818 000	603 000	618 000	8 420 000
Earnings Before Tax	660 000	453 000	461 000	8 267 000
Tax	95 000	50 000	51 000	82 000
Net Income	565 000	404 000	410 000	8 185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 950 000	16 950 000	16 950 000	16 950 000
Total Current Assets	1 451 000	1 394 000	1 548 000	2 382 000
Total Assets	18 401 000	18 344 000	18 498 000	19 333 000
Total Retained Equity	14 762 000	15 997 000	16 193 000	16 383 000
Total Equity	15 257 000	16 492 000	16 688 000	16 878 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 145 000	1 852 000	1 810 000	2 454 000
Total Equity and Debt	18 401 000	18 344 000	18 498 000	19 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	86 000	86 000	89 000	83 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	159 000	151 000	157 000	153 000
Operating Profit	−158 000	−150 000	−156 000	−152 000
Financial Income	863 000	646 000	659 000	8 498 000
Financial Costs	45 000	43 000	41 000	78 000
Financial Balance	818 000	603 000	618 000	8 420 000
Dividends	1 800 000	600 000	600 000	600 000
Net Income	565 000	404 000	410 000	8 185 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	16 950 000	16 950 000	16 950 000	16 950 000
Total Fixed Assets	16 950 000	16 950 000	16 950 000	16 950 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 451 000	1 248 000	1 548 000	2 382 000
Total Current Assets	1 451 000	1 394 000	1 548 000	2 382 000
Total Assets	18 401 000	18 344 000	18 498 000	19 333 000
Total Equity	15 257 000	16 492 000	16 688 000	16 878 000
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	619 000
Dividends	1 800 000	600 000	600 000	600 000
Other Current Debt	1 250 000	1 203 000	1 159 000	1 153 000
Total Current Debt	3 145 000	1 852 000	1 810 000	2 454 000
Total Equity and Debt	18 401 000	18 344 000	18 498 000	19 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	2,45 %	2,46 %	48,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,46	0,75	0,86	0,97
Quick Ratio	0,46	0,75	0,86	0,97
Equity Ratio	0,83	0,9	0,9	0,87
Gross Profit Margin	-	-	-	-