MÅGELIA UTVIKLING AS

5750 ODDA

Finances

Share Ownership

Return on Equity

24,59 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 475 000	2 066 000	1 551 000	2 304 000
Net Income	1 305 000	966 000	608 000	1 264 000
Total Assets	5 730 000	6 654 000	15 536 000	15 484 000
Total Equity	5 306 000	4 002 000	3 036 000	2 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 475 000	2 066 000	1 551 000	2 304 000
Expenditure	751 000	759 000	678 000	558 000
Operating Profit	1 725 000	1 307 000	874 000	1 746 000
Financial Income	6 000	7 000	5 000	0
Financial Costs	59 000	75 000	99 000	130 000
Financial Balance	−53 000	−68 000	−94 000	−130 000
Earnings Before Tax	1 673 000	1 239 000	780 000	1 616 000
Tax	368 000	273 000	172 000	352 000
Net Income	1 305 000	966 000	608 000	1 264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 623 000	4 749 000	13 969 000	13 787 000
Total Current Assets	1 107 000	1 906 000	1 568 000	1 697 000
Total Assets	5 730 000	6 654 000	15 536 000	15 484 000
Total Retained Equity	5 162 000	3 858 000	2 892 000	2 284 000
Total Equity	5 306 000	4 002 000	3 036 000	2 428 000
Total Long-Term Debt	5 000	2 308 000	12 032 000	12 434 000
Total Current Debt	419 000	344 000	469 000	622 000
Total Equity and Debt	5 730 000	6 654 000	15 536 000	15 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 475 000	2 066 000	1 551 000	2 304 000
Revenue	2 475 000	2 066 000	1 551 000	2 304 000
Cost of Goods Sold	32 000	5 000	0	0
Salary Costs	257 000	247 000	242 000	201 000
Depreciation	126 000	124 000	105 000	101 000
Impairment	0	0	0	0
Expenditure	751 000	759 000	678 000	558 000
Operating Profit	1 725 000	1 307 000	874 000	1 746 000
Financial Income	6 000	7 000	5 000	0
Financial Costs	59 000	75 000	99 000	130 000
Financial Balance	−53 000	−68 000	−94 000	−130 000
Dividends	0	0	0	0
Net Income	1 305 000	966 000	608 000	1 264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 557 000	4 660 000	13 857 000	13 787 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	89 000	112 000	0
Total Tangible Assets	4 623 000	4 749 000	13 969 000	13 787 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 623 000	4 749 000	13 969 000	13 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 084 000	1 864 000	1 493 000	1 663 000
Total Current Assets	1 107 000	1 906 000	1 568 000	1 697 000
Total Assets	5 730 000	6 654 000	15 536 000	15 484 000
Total Equity	5 306 000	4 002 000	3 036 000	2 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	2 308 000	12 032 000	12 434 000
Creditors	15 000	38 000	262 000	232 000
Unpaid Taxes	16 000	16 000	16 000	19 000
Dividends	0	0	0	0
Other Current Debt	16 000	14 000	17 000	14 000
Total Current Debt	419 000	344 000	469 000	622 000
Total Equity and Debt	5 730 000	6 654 000	15 536 000	15 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,59 %	24,14 %	20,03 %	52,06 %
Debt-to-Equity Ratio	0	0,58	3,96	5,12
Operating Profit Margin	69,7 %	63,26 %	56,35 %	75,78 %
Current Ratio	2,64	5,54	3,34	2,73
Quick Ratio	2,64	5,54	3,34	2,73
Equity Ratio	0,93	0,6	0,2	0,16
Gross Profit Margin	98,71 %	99,76 %	100 %	100 %