MAGASINET AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−74,83 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	293 000	98 000	279 000	53 000
Net Income	110 000	−10 000	177 000	−184 000
Total Assets	205 000	190 000	311 000	7 000
Total Equity	−147 000	−257 000	−247 000	−424 000

Income (NOK)	2022	2021	2020	2019
Revenue	293 000	98 000	279 000	53 000
Expenditure	182 000	108 000	101 000	147 000
Operating Profit	110 000	−9 000	178 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	3 000
Financial Balance	0	−1 000	0	−3 000
Earnings Before Tax	110 000	−10 000	177 000	−96 000
Tax	0	0	0	88 000
Net Income	110 000	−10 000	177 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	66 000	54 000	0
Total Current Assets	106 000	124 000	256 000	7 000
Total Assets	205 000	190 000	311 000	7 000
Total Retained Equity	−177 000	−287 000	−277 000	−454 000
Total Equity	−147 000	−257 000	−247 000	−424 000
Total Long-Term Debt	86 000	0	0	0
Total Current Debt	267 000	447 000	558 000	431 000
Total Equity and Debt	205 000	190 000	311 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	293 000	98 000	279 000	53 000
Other Income	0	0	0	0
Revenue	293 000	98 000	279 000	53 000
Cost of Goods Sold	13 000	7 000	0	0
Salary Costs	4 000	8 000	4 000	12 000
Depreciation	32 000	18 000	6 000	0
Impairment	0	0	0	0
Expenditure	182 000	108 000	101 000	147 000
Operating Profit	110 000	−9 000	178 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	3 000
Financial Balance	0	−1 000	0	−3 000
Dividends	0	0	0	0
Net Income	110 000	−10 000	177 000	−184 000

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	99 000	66 000	54 000	0
Total Tangible Assets	99 000	66 000	54 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	66 000	54 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	10 000	85 000	2 000
Total Current Assets	106 000	124 000	256 000	7 000
Total Assets	205 000	190 000	311 000	7 000
Total Equity	−147 000	−257 000	−247 000	−424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	86 000	0	0	0
Creditors	5 000	2 000	4 000	2 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	262 000	445 000	553 000	429 000
Total Current Debt	267 000	447 000	558 000	431 000
Total Equity and Debt	205 000	190 000	311 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,83 %	3,89 %	−71,66 %	43,4 %
Debt-to-Equity Ratio	−0,59	−0	−0	−0
Operating Profit Margin	37,54 %	−9,18 %	63,8 %	−177,36 %
Current Ratio	0,4	0,28	0,46	0,02
Quick Ratio	0,4	0,28	0,46	0,02
Equity Ratio	−0,72	−1,35	−0,79	−60,57
Gross Profit Margin	95,56 %	92,86 %	100 %	100 %