MAGNUS VELKOM AS

3728 SKIEN

Finances

Share Ownership

Return on Equity

−14,65 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 251 000	57 313 000	62 167 000	55 114 000
Net Income	−122 000	28 000	144 000	−125 000
Total Assets	6 887 000	6 431 000	6 146 000	4 981 000
Total Equity	833 000	954 000	926 000	902 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 251 000	57 313 000	62 167 000	55 114 000
Expenditure	48 412 000	57 284 000	62 022 000	55 270 000
Operating Profit	−161 000	30 000	146 000	−155 000
Financial Income	46 000	6 000	11 000	24 000
Financial Costs	25 000	0	0	0
Financial Balance	21 000	6 000	11 000	24 000
Earnings Before Tax	−139 000	36 000	157 000	−131 000
Tax	−17 000	8 000	13 000	−6 000
Net Income	−122 000	28 000	144 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	587 000	709 000	487 000
Total Current Assets	6 661 000	5 843 000	5 436 000	4 494 000
Total Assets	6 887 000	6 431 000	6 146 000	4 981 000
Total Retained Equity	333 000	454 000	426 000	402 000
Total Equity	833 000	954 000	926 000	902 000
Total Long-Term Debt	0	17 000	13 000	0
Total Current Debt	6 054 000	5 459 000	5 207 000	4 080 000
Total Equity and Debt	6 887 000	6 431 000	6 146 000	4 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 888 000	56 359 000	61 264 000	54 273 000
Other Income	1 364 000	954 000	903 000	841 000
Revenue	48 251 000	57 313 000	62 167 000	55 114 000
Cost of Goods Sold	40 032 000	48 003 000	52 117 000	46 486 000
Salary Costs	3 349 000	3 794 000	3 969 000	3 377 000
Depreciation	83 000	137 000	105 000	97 000
Impairment	0	0	0	0
Expenditure	48 412 000	57 284 000	62 022 000	55 270 000
Operating Profit	−161 000	30 000	146 000	−155 000
Financial Income	46 000	6 000	11 000	24 000
Financial Costs	25 000	0	0	0
Financial Balance	21 000	6 000	11 000	24 000
Dividends	0	0	70 000	0
Net Income	−122 000	28 000	144 000	−125 000

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	225 000	587 000	709 000	487 000
Total Tangible Assets	225 000	587 000	709 000	487 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	225 000	587 000	709 000	487 000
Stock	2 596 000	2 845 000	2 749 000	2 867 000
Total Investments	0	0	0	0
Cash, Bank	3 392 000	2 381 000	2 002 000	1 326 000
Total Current Assets	6 661 000	5 843 000	5 436 000	4 494 000
Total Assets	6 887 000	6 431 000	6 146 000	4 981 000
Total Equity	833 000	954 000	926 000	902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	13 000	0
Creditors	4 935 000	3 932 000	3 860 000	3 146 000
Unpaid Taxes	325 000	392 000	336 000	218 000
Dividends	0	0	70 000	0
Other Current Debt	795 000	1 132 000	941 000	715 000
Total Current Debt	6 054 000	5 459 000	5 207 000	4 080 000
Total Equity and Debt	6 887 000	6 431 000	6 146 000	4 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,65 %	2,94 %	15,55 %	−13,86 %
Debt-to-Equity Ratio	0	0,02	0,01	0
Operating Profit Margin	−0,33 %	0,05 %	0,23 %	−0,28 %
Current Ratio	1,1	1,07	1,04	1,1
Quick Ratio	1,93	2,24	2,21	3,7
Equity Ratio	0,12	0,15	0,15	0,18
Gross Profit Margin	17,03 %	16,24 %	16,17 %	15,65 %