MAGNAVET AS

2034 HOLTER

Finances

Share Ownership

Return on Equity

−11,94 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 458 000	1 367 000	1 454 000	1 656 000
Net Income	−82 000	−49 000	62 000	387 000
Total Assets	1 336 000	1 707 000	2 084 000	2 192 000
Total Equity	687 000	769 000	818 000	757 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 458 000	1 367 000	1 454 000	1 656 000
Expenditure	1 523 000	1 407 000	1 360 000	1 242 000
Operating Profit	−66 000	−40 000	95 000	414 000
Financial Income	4 000	18 000	2 000	4 000
Financial Costs	20 000	27 000	35 000	31 000
Financial Balance	−16 000	−9 000	−33 000	−27 000
Earnings Before Tax	−82 000	−49 000	62 000	387 000
Tax	0	0	0	0
Net Income	−82 000	−49 000	62 000	387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	836 000	925 000	1 127 000	1 031 000
Total Current Assets	501 000	782 000	957 000	1 160 000
Total Assets	1 336 000	1 707 000	2 084 000	2 192 000
Total Retained Equity	664 000	746 000	796 000	734 000
Total Equity	687 000	769 000	818 000	757 000
Total Long-Term Debt	225 000	401 000	635 000	856 000
Total Current Debt	425 000	537 000	631 000	579 000
Total Equity and Debt	1 336 000	1 707 000	2 084 000	2 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 448 000	1 367 000	1 380 000	1 655 000
Other Income	10 000	0	75 000	1 000
Revenue	1 458 000	1 367 000	1 454 000	1 656 000
Cost of Goods Sold	109 000	98 000	160 000	171 000
Salary Costs	787 000	577 000	534 000	490 000
Depreciation	193 000	202 000	188 000	216 000
Impairment	0	0	0	0
Expenditure	1 523 000	1 407 000	1 360 000	1 242 000
Operating Profit	−66 000	−40 000	95 000	414 000
Financial Income	4 000	18 000	2 000	4 000
Financial Costs	20 000	27 000	35 000	31 000
Financial Balance	−16 000	−9 000	−33 000	−27 000
Dividends	0	0	0	0
Net Income	−82 000	−49 000	62 000	387 000

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	753 000	816 000	991 000	868 000
Fixtures	83 000	109 000	136 000	163 000
Total Tangible Assets	836 000	925 000	1 127 000	1 031 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	836 000	925 000	1 127 000	1 031 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	35 000	199 000	205 000
Total Current Assets	501 000	782 000	957 000	1 160 000
Total Assets	1 336 000	1 707 000	2 084 000	2 192 000
Total Equity	687 000	769 000	818 000	757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	401 000	635 000	856 000
Creditors	8 000	36 000	24 000	10 000
Unpaid Taxes	71 000	98 000	149 000	188 000
Dividends	0	0	0	0
Other Current Debt	324 000	403 000	457 000	381 000
Total Current Debt	425 000	537 000	631 000	579 000
Total Equity and Debt	1 336 000	1 707 000	2 084 000	2 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,94 %	−6,37 %	7,58 %	51,12 %
Debt-to-Equity Ratio	0,33	0,52	0,78	1,13
Operating Profit Margin	−4,53 %	−2,93 %	6,53 %	25 %
Current Ratio	1,18	1,46	1,52	2
Quick Ratio	1,18	1,46	1,52	2
Equity Ratio	0,51	0,45	0,39	0,35
Gross Profit Margin	92,52 %	92,83 %	89 %	89,67 %