MÅGE&NISTAD BYGG AS

5637 ØLVE

Finances

Share Ownership

Return on Equity

99,62 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 852 000	7 675 000	6 048 000	4 025 000
Net Income	1 039 000	1 254 000	1 411 000	739 000
Total Assets	3 888 000	4 229 000	4 334 000	2 552 000
Total Equity	1 043 000	1 004 000	750 000	339 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 852 000	7 675 000	6 048 000	4 025 000
Expenditure	6 495 000	6 036 000	4 221 000	3 067 000
Operating Profit	1 356 000	1 639 000	1 826 000	959 000
Financial Income	0	0	0	1 000
Financial Costs	29 000	34 000	19 000	14 000
Financial Balance	−29 000	−34 000	−19 000	−13 000
Earnings Before Tax	1 328 000	1 604 000	1 807 000	946 000
Tax	289 000	350 000	396 000	207 000
Net Income	1 039 000	1 254 000	1 411 000	739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	0	0	5 000
Total Current Assets	3 839 000	4 229 000	4 334 000	2 547 000
Total Assets	3 888 000	4 229 000	4 334 000	2 552 000
Total Retained Equity	942 000	903 000	649 000	238 000
Total Equity	1 043 000	1 004 000	750 000	339 000
Total Long-Term Debt	480 000	705 000	973 000	277 000
Total Current Debt	2 364 000	2 520 000	2 611 000	1 937 000
Total Equity and Debt	3 888 000	4 229 000	4 334 000	2 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 852 000	7 675 000	6 048 000	4 025 000
Other Income	0	0	0	0
Revenue	7 852 000	7 675 000	6 048 000	4 025 000
Cost of Goods Sold	3 708 000	3 331 000	2 054 000	624 000
Salary Costs	2 270 000	2 308 000	1 807 000	2 086 000
Depreciation	1 000	0	5 000	21 000
Impairment	0	0	0	0
Expenditure	6 495 000	6 036 000	4 221 000	3 067 000
Operating Profit	1 356 000	1 639 000	1 826 000	959 000
Financial Income	0	0	0	1 000
Financial Costs	29 000	34 000	19 000	14 000
Financial Balance	−29 000	−34 000	−19 000	−13 000
Dividends	1 000 000	1 000 000	1 000 000	800 000
Net Income	1 039 000	1 254 000	1 411 000	739 000

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	49 000	0	0	5 000
Total Tangible Assets	49 000	0	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	0	0	5 000
Stock	1 451 000	1 190 000	1 174 000	18 000
Total Investments	0	0	0	0
Cash, Bank	1 115 000	1 821 000	967 000	948 000
Total Current Assets	3 839 000	4 229 000	4 334 000	2 547 000
Total Assets	3 888 000	4 229 000	4 334 000	2 552 000
Total Equity	1 043 000	1 004 000	750 000	339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	480 000	705 000	973 000	277 000
Creditors	262 000	231 000	533 000	144 000
Unpaid Taxes	454 000	701 000	481 000	559 000
Dividends	1 000 000	1 000 000	1 000 000	800 000
Other Current Debt	359 000	237 000	201 000	227 000
Total Current Debt	2 364 000	2 520 000	2 611 000	1 937 000
Total Equity and Debt	3 888 000	4 229 000	4 334 000	2 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,62 %	124,9 %	188,13 %	217,99 %
Debt-to-Equity Ratio	0,46	0,7	1,3	0,82
Operating Profit Margin	17,27 %	21,36 %	30,19 %	23,83 %
Current Ratio	1,62	1,68	1,66	1,31
Quick Ratio	4,2	3,18	3,02	1,33
Equity Ratio	0,27	0,24	0,17	0,13
Gross Profit Margin	52,78 %	56,6 %	66,04 %	84,5 %