MAGMA FORTUNA AS

5043 BERGEN

Finances

Return on Equity

131,29 %

Current Ratio

11,6

Debt-to-Equity Ratio

−9,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 404 000	2 503 000	2 173 000	2 210 000
Net Income	−2 941 000	243 000	104 000	−95 000
Total Assets	18 390 000	29 863 000	24 431 000	23 537 000
Total Equity	−2 240 000	702 000	459 000	355 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 404 000	2 503 000	2 173 000	2 210 000
Expenditure	4 221 000	1 678 000	1 672 000	1 629 000
Operating Profit	−1 818 000	824 000	502 000	582 000
Financial Income	43 000	172 000	297 000	21 000
Financial Costs	1 179 000	691 000	730 000	698 000
Financial Balance	−1 136 000	−519 000	−433 000	−677 000
Earnings Before Tax	−2 954 000	306 000	69 000	−95 000
Tax	−13 000	63 000	−35 000	0
Net Income	−2 941 000	243 000	104 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 059 000	27 248 000	20 712 000	20 760 000
Total Current Assets	2 331 000	2 615 000	3 718 000	2 778 000
Total Assets	18 390 000	29 863 000	24 431 000	23 537 000
Total Retained Equity	−2 340 000	602 000	359 000	255 000
Total Equity	−2 240 000	702 000	459 000	355 000
Total Long-Term Debt	20 429 000	29 013 000	23 840 000	23 073 000
Total Current Debt	201 000	149 000	132 000	109 000
Total Equity and Debt	18 390 000	29 863 000	24 431 000	23 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 034 000	2 130 000	2 173 000	0
Other Income	370 000	373 000	0	2 210 000
Revenue	2 404 000	2 503 000	2 173 000	2 210 000
Cost of Goods Sold	0	0	0	0
Salary Costs	505 000	511 000	461 000	324 000
Depreciation	174 000	97 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	4 221 000	1 678 000	1 672 000	1 629 000
Operating Profit	−1 818 000	824 000	502 000	582 000
Financial Income	43 000	172 000	297 000	21 000
Financial Costs	1 179 000	691 000	730 000	698 000
Financial Balance	−1 136 000	−519 000	−433 000	−677 000
Dividends	0	0	0	0
Net Income	−2 941 000	243 000	104 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	50 000	16 000
Real Eastate	15 613 000	26 589 000	20 237 000	20 237 000
Machinery and Plant Facilities	0	0	0	467 000
Fixtures	446 000	659 000	425 000	40 000
Total Tangible Assets	16 059 000	27 248 000	20 662 000	20 744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 059 000	27 248 000	20 712 000	20 760 000
Stock	0	0	0	0
Total Investments	1 025 000	1 150 000	1 149 000	0
Cash, Bank	995 000	1 411 000	2 562 000	2 752 000
Total Current Assets	2 331 000	2 615 000	3 718 000	2 778 000
Total Assets	18 390 000	29 863 000	24 431 000	23 537 000
Total Equity	−2 240 000	702 000	459 000	355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 429 000	29 013 000	23 840 000	23 073 000
Creditors	32 000	4 000	0	0
Unpaid Taxes	105 000	84 000	67 000	54 000
Dividends	0	0	0	0
Other Current Debt	63 000	61 000	65 000	55 000
Total Current Debt	201 000	149 000	132 000	109 000
Total Equity and Debt	18 390 000	29 863 000	24 431 000	23 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	131,29 %	34,62 %	22,66 %	−26,76 %
Debt-to-Equity Ratio	−9,12	41,33	51,94	64,99
Operating Profit Margin	−75,62 %	32,92 %	23,1 %	26,33 %
Current Ratio	11,6	17,55	28,17	25,49
Quick Ratio	11,6	17,55	28,17	25,49
Equity Ratio	−0,12	0,02	0,02	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %