MAGNUSSON AS

1459 NESODDEN

Finances

Return on Equity

320,29 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 207 000	3 954 000	8 435 000	2 038 000
Net Income	−442 000	−191 000	389 000	74 000
Total Assets	1 007 000	1 064 000	1 913 000	498 000
Total Equity	−138 000	304 000	496 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 207 000	3 954 000	8 435 000	2 038 000
Expenditure	2 684 000	4 057 000	7 771 000	1 932 000
Operating Profit	−478 000	−103 000	663 000	107 000
Financial Income	39 000	7 000	1 000	0
Financial Costs	3 000	95 000	138 000	13 000
Financial Balance	36 000	−88 000	−137 000	−13 000
Earnings Before Tax	−442 000	−191 000	526 000	94 000
Tax	0	0	137 000	21 000
Net Income	−442 000	−191 000	389 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	95 000	0	0
Total Current Assets	1 007 000	969 000	1 913 000	498 000
Total Assets	1 007 000	1 064 000	1 913 000	498 000
Total Retained Equity	−168 000	274 000	466 000	76 000
Total Equity	−138 000	304 000	496 000	106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 145 000	760 000	1 417 000	392 000
Total Equity and Debt	1 007 000	1 064 000	1 913 000	498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 207 000	3 954 000	8 435 000	2 038 000
Other Income	0	0	0	0
Revenue	2 207 000	3 954 000	8 435 000	2 038 000
Cost of Goods Sold	1 542 000	3 215 000	6 444 000	1 135 000
Salary Costs	929 000	448 000	891 000	430 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 684 000	4 057 000	7 771 000	1 932 000
Operating Profit	−478 000	−103 000	663 000	107 000
Financial Income	39 000	7 000	1 000	0
Financial Costs	3 000	95 000	138 000	13 000
Financial Balance	36 000	−88 000	−137 000	−13 000
Dividends	0	0	0	130 000
Net Income	−442 000	−191 000	389 000	74 000

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	95 000	0	0
Total Tangible Assets	0	95 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	95 000	0	0
Stock	0	0	0	0
Total Investments	188 000	71 000	150 000	104 000
Cash, Bank	45 000	88 000	205 000	28 000
Total Current Assets	1 007 000	969 000	1 913 000	498 000
Total Assets	1 007 000	1 064 000	1 913 000	498 000
Total Equity	−138 000	304 000	496 000	106 000
Short-Term Group Debt	48 000	48 000	48 000	0
Total Long-Term Debt	0	0	0	0
Creditors	645 000	635 000	216 000	30 000
Unpaid Taxes	378 000	22 000	374 000	184 000
Dividends	0	0	0	130 000
Other Current Debt	73 000	55 000	642 000	157 000
Total Current Debt	1 145 000	760 000	1 417 000	392 000
Total Equity and Debt	1 007 000	1 064 000	1 913 000	498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	320,29 %	−62,83 %	78,43 %	69,81 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−21,66 %	−2,6 %	7,86 %	5,25 %
Current Ratio	0,88	1,28	1,35	1,27
Quick Ratio	0,88	1,28	1,35	1,27
Equity Ratio	−0,14	0,29	0,26	0,21
Gross Profit Margin	30,13 %	18,69 %	23,6 %	44,31 %