MAGNE RØNNINGEN HOLDING AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

85,37 %

Current Ratio

1,87

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 707 000	125 000	240 000	695 000
Net Income	700 000	5 000	−15 000	354 000
Total Assets	2 589 000	1 839 000	1 850 000	2 643 000
Total Equity	820 000	701 000	681 000	696 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 707 000	125 000	240 000	695 000
Expenditure	2 730 000	80 000	212 000	197 000
Operating Profit	976 000	46 000	27 000	498 000
Financial Income	0	0	29 000	0
Financial Costs	67 000	41 000	64 000	44 000
Financial Balance	−67 000	−41 000	−35 000	−44 000
Earnings Before Tax	910 000	5 000	−8 000	454 000
Tax	210 000	0	6 000	100 000
Net Income	700 000	5 000	−15 000	354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 610 000	1 510 000	1 542 000	1 846 000
Total Current Assets	979 000	330 000	308 000	797 000
Total Assets	2 589 000	1 839 000	1 850 000	2 643 000
Total Retained Equity	700 000	581 000	561 000	576 000
Total Equity	820 000	701 000	681 000	696 000
Total Long-Term Debt	1 245 000	1 121 000	1 163 000	1 559 000
Total Current Debt	524 000	18 000	5 000	388 000
Total Equity and Debt	2 589 000	1 839 000	1 850 000	2 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 642 000	0	137 000	685 000
Other Income	65 000	125 000	102 000	10 000
Revenue	3 707 000	125 000	240 000	695 000
Cost of Goods Sold	1 617 000	0	0	4 000
Salary Costs	720 000	0	0	0
Depreciation	55 000	30 000	85 000	78 000
Impairment	0	0	0	0
Expenditure	2 730 000	80 000	212 000	197 000
Operating Profit	976 000	46 000	27 000	498 000
Financial Income	0	0	29 000	0
Financial Costs	67 000	41 000	64 000	44 000
Financial Balance	−67 000	−41 000	−35 000	−44 000
Dividends	0	0	0	300 000
Net Income	700 000	5 000	−15 000	354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	1 391 000	1 391 000	1 391 000	1 391 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	219 000	118 000	0	0
Total Tangible Assets	1 610 000	1 510 000	1 539 000	1 703 000
Total Fiancial Fixed Assets	0	0	0	142 000
Total Fixed Assets	1 610 000	1 510 000	1 542 000	1 846 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	962 000	9 000	22 000	61 000
Total Current Assets	979 000	330 000	308 000	797 000
Total Assets	2 589 000	1 839 000	1 850 000	2 643 000
Total Equity	820 000	701 000	681 000	696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 245 000	1 121 000	1 163 000	1 559 000
Creditors	132 000	18 000	1 000	0
Unpaid Taxes	106 000	0	0	21 000
Dividends	0	0	0	300 000
Other Current Debt	76 000	0	0	0
Total Current Debt	524 000	18 000	5 000	388 000
Total Equity and Debt	2 589 000	1 839 000	1 850 000	2 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,37 %	0,71 %	−2,2 %	50,86 %
Debt-to-Equity Ratio	1,52	1,6	1,71	2,24
Operating Profit Margin	26,33 %	36,8 %	11,25 %	71,65 %
Current Ratio	1,87	18,33	61,6	2,05
Quick Ratio	1,87	18,33	61,6	2,05
Equity Ratio	0,32	0,38	0,37	0,26
Gross Profit Margin	56,38 %	100 %	100 %	99,42 %