MAGNAR EIKELAND INVEST AS

4050 SOLA

Finances

Return on Equity

5,28 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Net Income	840 000	−2 951 000	−947 000	−885 000
Total Assets	48 926 000	46 643 000	46 045 000	48 345 000
Total Equity	15 904 000	14 752 000	17 703 000	18 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Expenditure	109 593 000	108 596 000	100 781 000	106 205 000
Operating Profit	−1 762 000	−2 675 000	1 706 000	−2 653 000
Financial Income	3 187 000	−63 000	−1 435 000	1 736 000
Financial Costs	1 214 000	1 004 000	1 055 000	646 000
Financial Balance	1 973 000	−1 067 000	−2 490 000	1 090 000
Earnings Before Tax	212 000	−3 741 000	−784 000	−1 563 000
Tax	−628 000	−790 000	163 000	−678 000
Net Income	840 000	−2 951 000	−947 000	−885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 042 000	16 953 000	16 727 000	18 849 000
Total Current Assets	28 884 000	29 690 000	29 318 000	29 496 000
Total Assets	48 926 000	46 643 000	46 045 000	48 345 000
Total Retained Equity	13 681 000	12 528 000	15 480 000	16 427 000
Total Equity	15 904 000	14 752 000	17 703 000	18 650 000
Total Long-Term Debt	7 468 000	5 149 000	7 186 000	2 569 000
Total Current Debt	25 554 000	26 743 000	21 156 000	27 127 000
Total Equity and Debt	48 926 000	46 643 000	46 045 000	48 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 831 000	105 921 000	102 487 000	103 552 000
Other Income	0	0	0	0
Revenue	107 831 000	105 921 000	102 487 000	103 552 000
Cost of Goods Sold	61 645 000	61 618 000	58 034 000	59 559 000
Salary Costs	28 949 000	30 578 000	27 056 000	29 258 000
Depreciation	1 054 000	1 222 000	1 205 000	1 619 000
Impairment	0	0	0	0
Expenditure	109 593 000	108 596 000	100 781 000	106 205 000
Operating Profit	−1 762 000	−2 675 000	1 706 000	−2 653 000
Financial Income	3 187 000	−63 000	−1 435 000	1 736 000
Financial Costs	1 214 000	1 004 000	1 055 000	646 000
Financial Balance	1 973 000	−1 067 000	−2 490 000	1 090 000
Dividends	0	0	0	0
Net Income	840 000	−2 951 000	−947 000	−885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 494 000	1 873 000	1 083 000	1 246 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 916 000	2 553 000	3 030 000	3 524 000
Total Tangible Assets	1 916 000	2 553 000	3 030 000	3 524 000
Total Fiancial Fixed Assets	15 632 000	12 528 000	12 614 000	14 079 000
Total Fixed Assets	20 042 000	16 953 000	16 727 000	18 849 000
Stock	14 623 000	15 909 000	16 953 000	16 211 000
Total Investments	0	0	0	0
Cash, Bank	780 000	1 161 000	1 221 000	1 094 000
Total Current Assets	28 884 000	29 690 000	29 318 000	29 496 000
Total Assets	48 926 000	46 643 000	46 045 000	48 345 000
Total Equity	15 904 000	14 752 000	17 703 000	18 650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 468 000	5 149 000	7 186 000	2 569 000
Creditors	10 699 000	11 133 000	4 718 000	12 102 000
Unpaid Taxes	2 649 000	4 398 000	4 210 000	3 550 000
Dividends	0	0	0	0
Other Current Debt	6 641 000	6 866 000	7 338 000	3 082 000
Total Current Debt	25 554 000	26 743 000	21 156 000	27 127 000
Total Equity and Debt	48 926 000	46 643 000	46 045 000	48 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,28 %	−20 %	−5,35 %	−4,75 %
Debt-to-Equity Ratio	0,47	0,35	0,41	0,14
Operating Profit Margin	−1,63 %	−2,53 %	1,66 %	−2,56 %
Current Ratio	1,13	1,11	1,39	1,09
Quick Ratio	2,64	2,74	6,98	2,7
Equity Ratio	0,33	0,32	0,38	0,39
Gross Profit Margin	42,83 %	41,83 %	43,37 %	42,48 %