MAGNAR INSTANES AS

5780 KINSARVIK

Finances

Share Ownership

Return on Equity

−1,31 %

Current Ratio

5,41

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 951 000	3 862 000	3 589 000	5 614 000
Net Income	−64 000	448 000	130 000	615 000
Total Assets	5 476 000	5 444 000	5 023 000	5 259 000
Total Equity	4 888 000	4 952 000	4 504 000	4 374 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 951 000	3 862 000	3 589 000	5 614 000
Expenditure	4 044 000	3 295 000	3 432 000	4 838 000
Operating Profit	−93 000	567 000	156 000	776 000
Financial Income	11 000	7 000	13 000	13 000
Financial Costs	0	0	2 000	0
Financial Balance	11 000	7 000	11 000	13 000
Earnings Before Tax	−82 000	574 000	168 000	789 000
Tax	−18 000	126 000	37 000	174 000
Net Income	−64 000	448 000	130 000	615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 739 000	3 184 000	1 736 000	1 861 000
Total Current Assets	2 738 000	2 260 000	3 287 000	3 398 000
Total Assets	5 476 000	5 444 000	5 023 000	5 259 000
Total Retained Equity	4 788 000	4 852 000	4 404 000	4 274 000
Total Equity	4 888 000	4 952 000	4 504 000	4 374 000
Total Long-Term Debt	83 000	101 000	50 000	66 000
Total Current Debt	506 000	391 000	468 000	819 000
Total Equity and Debt	5 476 000	5 444 000	5 023 000	5 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 951 000	3 862 000	3 589 000	5 614 000
Other Income	0	0	0	0
Revenue	3 951 000	3 862 000	3 589 000	5 614 000
Cost of Goods Sold	1 380 000	1 200 000	1 223 000	2 214 000
Salary Costs	584 000	584 000	581 000	573 000
Depreciation	575 000	407 000	412 000	491 000
Impairment	0	0	0	0
Expenditure	4 044 000	3 295 000	3 432 000	4 838 000
Operating Profit	−93 000	567 000	156 000	776 000
Financial Income	11 000	7 000	13 000	13 000
Financial Costs	0	0	2 000	0
Financial Balance	11 000	7 000	11 000	13 000
Dividends	0	0	0	0
Net Income	−64 000	448 000	130 000	615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	168 000	168 000	168 000	168 000
Machinery and Plant Facilities	2 571 000	3 016 000	1 568 000	1 693 000
Fixtures	0	0	0	0
Total Tangible Assets	2 739 000	3 184 000	1 736 000	1 861 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 739 000	3 184 000	1 736 000	1 861 000
Stock	389 000	154 000	148 000	52 000
Total Investments	0	0	0	0
Cash, Bank	1 640 000	1 309 000	2 473 000	3 126 000
Total Current Assets	2 738 000	2 260 000	3 287 000	3 398 000
Total Assets	5 476 000	5 444 000	5 023 000	5 259 000
Total Equity	4 888 000	4 952 000	4 504 000	4 374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 000	101 000	50 000	66 000
Creditors	262 000	174 000	89 000	246 000
Unpaid Taxes	135 000	48 000	154 000	204 000
Dividends	0	0	0	0
Other Current Debt	109 000	93 000	173 000	163 000
Total Current Debt	506 000	391 000	468 000	819 000
Total Equity and Debt	5 476 000	5 444 000	5 023 000	5 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,31 %	9,05 %	2,89 %	14,06 %
Debt-to-Equity Ratio	0,02	0,02	0,01	0,02
Operating Profit Margin	−2,35 %	14,68 %	4,35 %	13,82 %
Current Ratio	5,41	5,78	7,02	4,15
Quick Ratio	23,4	9,54	10,27	4,43
Equity Ratio	0,89	0,91	0,9	0,83
Gross Profit Margin	65,07 %	68,93 %	65,92 %	60,56 %