MAGSEIS FAIRFIELD AS

0277 OSLO

Finances

Return on Equity

−32,7 %

Current Ratio

0,72

Debt-to-Equity Ratio

0,12

Key figures (USD)	2022	2021	2020	2019
Revenue	346 888 000	258 129 000	193 391 000	459 625 000
Net Income	−40 036 000	−32 254 000	−19 650 000	−151 541 000
Total Assets	282 363 000	305 004 000	344 604 000	356 519 000
Total Equity	122 449 000	161 514 000	192 473 000	184 594 000

Income (USD)	2022	2021	2020	2019
Revenue	346 888 000	258 129 000	193 391 000	459 625 000
Expenditure	377 230 000	283 272 000	207 998 000	610 011 000
Operating Profit	−30 342 000	−25 143 000	−14 607 000	−150 386 000
Financial Income	2 824 000	819 000	6 647 000	14 394 000
Financial Costs	7 860 000	4 004 000	9 833 000	7 373 000
Financial Balance	−5 036 000	−3 185 000	−3 186 000	7 021 000
Earnings Before Tax	−35 378 000	−28 328 000	−17 793 000	−143 365 000
Tax	4 658 000	3 926 000	1 857 000	8 176 000
Net Income	−40 036 000	−32 254 000	−19 650 000	−151 541 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	176 998 000	188 218 000	228 670 000	237 496 000
Total Current Assets	105 365 000	116 786 000	115 934 000	119 023 000
Total Assets	282 363 000	305 004 000	344 604 000	356 519 000
Total Retained Equity	9 857 000	0	−216 767 000	−198 721 000
Total Equity	122 449 000	161 514 000	192 473 000	184 594 000
Total Long-Term Debt	14 094 000	42 313 000	44 526 000	30 794 000
Total Current Debt	145 820 000	101 177 000	107 603 000	141 129 000
Total Equity and Debt	282 363 000	305 004 000	344 602 000	356 517 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	346 888 000	258 129 000	193 391 000	459 625 000
Other Income	0	0	0	0
Revenue	346 888 000	258 129 000	193 391 000	459 625 000
Cost of Goods Sold	280 047 000	186 645 000	130 616 000	374 308 000
Salary Costs	32 310 000	0	0	0
Depreciation	53 291 000	65 663 000	48 125 000	65 646 000
Impairment	15 582 000	6 458 000	1 940 000	106 245 000
Expenditure	377 230 000	283 272 000	207 998 000	610 011 000
Operating Profit	−30 342 000	−25 143 000	−14 607 000	−150 386 000
Financial Income	2 824 000	819 000	6 647 000	14 394 000
Financial Costs	7 860 000	4 004 000	9 833 000	7 373 000
Financial Balance	−5 036 000	−3 185 000	−3 186 000	7 021 000
Dividends	0	0	0	0
Net Income	−40 036 000	−32 254 000	−19 650 000	−151 541 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	22 526 000	20 906 000	0
Total Intangible Assets	47 631 000	72 366 000	78 595 000	65 406 000
Real Eastate	0	21 528 000	24 722 000	25 453 000
Machinery and Plant Facilities	129 367 000	94 135 000	124 700 000	145 524 000
Fixtures	0	189 000	653 000	1 113 000
Total Tangible Assets	129 367 000	115 852 000	150 075 000	172 090 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	176 998 000	188 218 000	228 670 000	237 496 000
Stock	6 575 000	6 182 000	7 711 000	18 928 000
Total Investments	1 983 000	0	0	0
Cash, Bank	18 987 000	29 737 000	54 829 000	53 432 000
Total Current Assets	105 365 000	116 786 000	115 934 000	119 023 000
Total Assets	282 363 000	305 004 000	344 604 000	356 519 000
Total Equity	122 449 000	161 514 000	192 473 000	184 594 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 094 000	42 313 000	44 526 000	30 794 000
Creditors	14 544 000	20 901 000	17 179 000	29 003 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	81 720 000	73 216 000	82 676 000	87 564 000
Total Current Debt	145 820 000	101 177 000	107 603 000	141 129 000
Total Equity and Debt	282 363 000	305 004 000	344 602 000	356 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,7 %	−19,97 %	−10,21 %	−82,09 %
Debt-to-Equity Ratio	0,12	0,26	0,23	0,17
Operating Profit Margin	−8,75 %	−9,74 %	−7,55 %	−32,72 %
Current Ratio	0,72	1,15	1,08	0,84
Quick Ratio	0,76	1,23	1,16	0,97
Equity Ratio	0,43	0,53	0,56	0,52
Gross Profit Margin	19,27 %	27,69 %	32,46 %	18,56 %