FORNAMAGIC LTD

9775 GAMVIK

Finances

Share Ownership

Return on Equity

9,43 %

Current Ratio

10,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 010 000	565 000	87 000	1 172 000
Net Income	145 000	−191 000	−823 000	−262 000
Total Assets	1 661 000	1 466 000	1 953 000	2 705 000
Total Equity	1 537 000	1 466 000	1 953 000	2 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 010 000	565 000	87 000	1 172 000
Expenditure	1 870 000	757 000	913 000	1 439 000
Operating Profit	140 000	−192 000	−826 000	−267 000
Financial Income	5 000	1 000	2 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	2 000	5 000
Earnings Before Tax	145 000	−191 000	−823 000	−262 000
Tax	0	0	0	0
Net Income	145 000	−191 000	−823 000	−262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	330 000	330 000	330 000	345 000
Total Current Assets	1 331 000	1 135 000	1 622 000	2 359 000
Total Assets	1 661 000	1 466 000	1 953 000	2 705 000
Total Retained Equity	0	0	0	0
Total Equity	1 537 000	1 466 000	1 953 000	2 705 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	0	0	0
Total Equity and Debt	1 661 000	1 466 000	1 953 000	2 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 010 000	565 000	87 000	1 129 000
Other Income	0	0	0	44 000
Revenue	2 010 000	565 000	87 000	1 172 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 101 000	405 000	515 000	583 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 870 000	757 000	913 000	1 439 000
Operating Profit	140 000	−192 000	−826 000	−267 000
Financial Income	5 000	1 000	2 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	2 000	5 000
Dividends	0	0	0	0
Net Income	145 000	−191 000	−823 000	−262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	297 000	297 000	297 000	297 000
Machinery and Plant Facilities	33 000	33 000	33 000	48 000
Fixtures	0	0	0	0
Total Tangible Assets	330 000	330 000	330 000	345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	330 000	330 000	330 000	345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 331 000	1 135 000	1 622 000	2 359 000
Total Current Assets	1 331 000	1 135 000	1 622 000	2 359 000
Total Assets	1 661 000	1 466 000	1 953 000	2 705 000
Total Equity	1 537 000	1 466 000	1 953 000	2 705 000
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	0	0	0	0
Other Current Debt	125 000	0	0	0
Total Current Debt	125 000	0	0	0
Total Equity and Debt	1 661 000	1 466 000	1 953 000	2 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,43 %	−13,03 %	−42,14 %	−9,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,97 %	−33,98 %	−949,43 %	−22,78 %
Current Ratio	10,65	-	-	-
Quick Ratio	10,65	-	-	-
Equity Ratio	0,93	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %