MAGIKA AS

3260 LARVIK

Finances

Return on Equity

12,44 %

Current Ratio

0,33

Debt-to-Equity Ratio

15,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	841 000	824 000	841 000	763 000
Net Income	96 000	547 000	−657 000	−1 051 000
Total Assets	15 400 000	15 595 000	15 116 000	14 895 000
Total Equity	772 000	676 000	129 000	786 000

Income (NOK)	2022	2021	2020	2019
Revenue	841 000	824 000	841 000	763 000
Expenditure	305 000	175 000	273 000	1 229 000
Operating Profit	536 000	649 000	569 000	−466 000
Financial Income	374 000	82 000	6 000	6 000
Financial Costs	814 000	185 000	1 232 000	591 000
Financial Balance	−440 000	−103 000	−1 226 000	−585 000
Earnings Before Tax	96 000	547 000	−657 000	−1 051 000
Tax	0	0	0	0
Net Income	96 000	547 000	−657 000	−1 051 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 577 000	12 408 000	12 408 000	12 258 000
Total Current Assets	823 000	3 187 000	2 708 000	2 637 000
Total Assets	15 400 000	15 595 000	15 116 000	14 895 000
Total Retained Equity	−1 278 000	−1 374 000	−1 921 000	−1 264 000
Total Equity	772 000	676 000	129 000	786 000
Total Long-Term Debt	12 126 000	14 830 000	14 910 000	13 924 000
Total Current Debt	2 502 000	89 000	78 000	186 000
Total Equity and Debt	15 400 000	15 595 000	15 116 000	14 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	841 000	824 000	841 000	763 000
Revenue	841 000	824 000	841 000	763 000
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	305 000	175 000	273 000	1 229 000
Operating Profit	536 000	649 000	569 000	−466 000
Financial Income	374 000	82 000	6 000	6 000
Financial Costs	814 000	185 000	1 232 000	591 000
Financial Balance	−440 000	−103 000	−1 226 000	−585 000
Dividends	0	0	0	0
Net Income	96 000	547 000	−657 000	−1 051 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 978 000	5 978 000	5 978 000	5 978 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 050 000	3 000 000	3 000 000	3 000 000
Total Tangible Assets	9 028 000	8 978 000	8 978 000	8 978 000
Total Fiancial Fixed Assets	5 549 000	3 430 000	3 430 000	3 280 000
Total Fixed Assets	14 577 000	12 408 000	12 408 000	12 258 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	623 000	3 008 000	2 591 000	2 635 000
Total Current Assets	823 000	3 187 000	2 708 000	2 637 000
Total Assets	15 400 000	15 595 000	15 116 000	14 895 000
Total Equity	772 000	676 000	129 000	786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 126 000	14 830 000	14 910 000	13 924 000
Creditors	0	16 000	22 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 502 000	74 000	56 000	186 000
Total Current Debt	2 502 000	89 000	78 000	186 000
Total Equity and Debt	15 400 000	15 595 000	15 116 000	14 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,44 %	80,92 %	−509,3 %	−133,72 %
Debt-to-Equity Ratio	15,71	21,94	115,58	17,72
Operating Profit Margin	63,73 %	78,76 %	67,66 %	−61,07 %
Current Ratio	0,33	35,81	34,72	14,18
Quick Ratio	0,33	35,81	34,72	14,18
Equity Ratio	0,05	0,04	0,01	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %