MAGO B AS

2090 HURDAL

Finances

Share Ownership

Return on Equity

7,82 %

Current Ratio

0,36

Debt-to-Equity Ratio

−2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	461 000	582 000	286 000	140 000
Net Income	−140 000	−139 000	6 000	−208 000
Total Assets	3 586 000	3 503 000	3 403 000	3 397 000
Total Equity	−1 791 000	−1 650 000	−1 511 000	−1 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	461 000	582 000	286 000	140 000
Expenditure	608 000	728 000	286 000	355 000
Operating Profit	−147 000	−146 000	−1 000	−215 000
Financial Income	6 000	7 000	7 000	7 000
Financial Costs	0	0	0	0
Financial Balance	6 000	7 000	7 000	7 000
Earnings Before Tax	−140 000	−139 000	6 000	−208 000
Tax	0	0	0	0
Net Income	−140 000	−139 000	6 000	−208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 377 000	3 255 000	3 030 000	3 101 000
Total Current Assets	208 000	248 000	373 000	296 000
Total Assets	3 586 000	3 503 000	3 403 000	3 397 000
Total Retained Equity	−3 791 000	−3 650 000	−3 511 000	−3 517 000
Total Equity	−1 791 000	−1 650 000	−1 511 000	−1 517 000
Total Long-Term Debt	4 800 000	4 800 000	4 800 000	4 800 000
Total Current Debt	576 000	353 000	114 000	114 000
Total Equity and Debt	3 586 000	3 503 000	3 403 000	3 397 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	461 000	582 000	286 000	140 000
Other Income	0	0	0	0
Revenue	461 000	582 000	286 000	140 000
Cost of Goods Sold	0	266 000	0	0
Salary Costs	0	0	0	0
Depreciation	95 000	77 000	71 000	71 000
Impairment	0	0	0	0
Expenditure	608 000	728 000	286 000	355 000
Operating Profit	−147 000	−146 000	−1 000	−215 000
Financial Income	6 000	7 000	7 000	7 000
Financial Costs	0	0	0	0
Financial Balance	6 000	7 000	7 000	7 000
Dividends	0	0	0	0
Net Income	−140 000	−139 000	6 000	−208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 377 000	3 255 000	3 030 000	3 101 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 377 000	3 255 000	3 030 000	3 101 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 377 000	3 255 000	3 030 000	3 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	132 000	274 000	235 000
Total Current Assets	208 000	248 000	373 000	296 000
Total Assets	3 586 000	3 503 000	3 403 000	3 397 000
Total Equity	−1 791 000	−1 650 000	−1 511 000	−1 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 800 000	4 800 000	4 800 000	4 800 000
Creditors	226 000	353 000	112 000	114 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	350 000	0	0	0
Total Current Debt	576 000	353 000	114 000	114 000
Total Equity and Debt	3 586 000	3 503 000	3 403 000	3 397 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,82 %	8,42 %	−0,4 %	13,71 %
Debt-to-Equity Ratio	−2,68	−2,91	−3,18	−3,16
Operating Profit Margin	−31,89 %	−25,09 %	−0,35 %	−153,57 %
Current Ratio	0,36	0,7	3,27	2,6
Quick Ratio	0,36	0,7	3,27	2,6
Equity Ratio	−0,5	−0,47	−0,44	−0,45
Gross Profit Margin	100 %	54,3 %	100 %	100 %