MAGNE HELLAND AS

4389 VIKESÅ

Finances

Share Ownership

Return on Equity

37,12 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 628 000	5 617 000	4 200 000	4 024 000
Net Income	408 000	541 000	127 000	256 000
Total Assets	2 557 000	2 083 000	1 550 000	1 485 000
Total Equity	1 099 000	691 000	149 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 628 000	5 617 000	4 200 000	4 024 000
Expenditure	5 097 000	5 034 000	4 063 000	3 755 000
Operating Profit	531 000	583 000	137 000	268 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	12 000
Financial Balance	−8 000	−8 000	−10 000	−12 000
Earnings Before Tax	523 000	575 000	127 000	256 000
Tax	115 000	34 000	0	0
Net Income	408 000	541 000	127 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	419 000	286 000	408 000
Total Current Assets	2 147 000	1 664 000	1 264 000	1 077 000
Total Assets	2 557 000	2 083 000	1 550 000	1 485 000
Total Retained Equity	999 000	591 000	49 000	−78 000
Total Equity	1 099 000	691 000	149 000	22 000
Total Long-Term Debt	521 000	572 000	811 000	848 000
Total Current Debt	937 000	820 000	590 000	614 000
Total Equity and Debt	2 557 000	2 083 000	1 550 000	1 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 600 000	5 601 000	3 758 000	3 993 000
Other Income	28 000	16 000	441 000	31 000
Revenue	5 628 000	5 617 000	4 200 000	4 024 000
Cost of Goods Sold	939 000	1 059 000	590 000	634 000
Salary Costs	2 000 000	1 969 000	1 771 000	1 666 000
Depreciation	151 000	129 000	170 000	100 000
Impairment	0	0	0	0
Expenditure	5 097 000	5 034 000	4 063 000	3 755 000
Operating Profit	531 000	583 000	137 000	268 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	12 000
Financial Balance	−8 000	−8 000	−10 000	−12 000
Dividends	0	0	0	0
Net Income	408 000	541 000	127 000	256 000

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	410 000	419 000	172 000	225 000
Fixtures	0	0	114 000	183 000
Total Tangible Assets	410 000	419 000	286 000	408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	419 000	286 000	408 000
Stock	185 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	704 000	921 000	1 025 000	800 000
Total Current Assets	2 147 000	1 664 000	1 264 000	1 077 000
Total Assets	2 557 000	2 083 000	1 550 000	1 485 000
Total Equity	1 099 000	691 000	149 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	521 000	572 000	811 000	848 000
Creditors	128 000	171 000	20 000	66 000
Unpaid Taxes	318 000	372 000	300 000	283 000
Dividends	0	0	0	0
Other Current Debt	373 000	277 000	269 000	265 000
Total Current Debt	937 000	820 000	590 000	614 000
Total Equity and Debt	2 557 000	2 083 000	1 550 000	1 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,12 %	78,29 %	85,23 %	1 163,64 %
Debt-to-Equity Ratio	0,47	0,83	5,44	38,55
Operating Profit Margin	9,43 %	10,38 %	3,26 %	6,66 %
Current Ratio	2,29	2,03	2,14	1,75
Quick Ratio	2,86	2,03	2,14	1,75
Equity Ratio	0,43	0,33	0,1	0,01
Gross Profit Margin	83,32 %	81,15 %	85,95 %	84,24 %