Magdalene AS
ASDissolvedOrg 930355550Stordgata 6A, 5522 HaugesundRental and operating of own or leased real estate· NACE 6820Est. 2022 · 3 years old0 employees
Loading company…
Overview
Magdalene AS is a Norwegian AS based in Haugesund, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 717.5k in its latest annual filing.
Revenue 2024
0.7M NOK
+3% vs 2023
EBITDA margin
28.6 %
−55% vs 2023
Net profit 2024
0M NOK
-95% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
29.7 %
AverageAround the average of companies in the same industry
20222024
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
AverageAround the average of companies in the same industry
20222024
Return on assets (ROA)Net profit ÷ Total assets × 100
0.5 %
AverageAround the average of companies in the same industry
20222024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 0.7M NOK | +3% |
| EBITDA | 0.2M NOK | -55% |
| Net profit | 0M NOK | -95% |
| Total assets | 1.4M NOK | -3% |
| Equity | 0.4M NOK | +2% |
| Employees | 0 | — |
Company information
Legal name
MAGDALENE AS
Org number
930355550
Legal form
Aksjeselskap
NACE code
Founded
21 November 2022 · 3 years
Share capital
NOK 300,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Investering i eiendom, utleie, finans samt alt hva hermed står i forbindelse med.
(no translation available)
Address
Stordgata 6A, 5522 Haugesund
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2024), Magdalene AS reported revenue of NOK 717.5k, an increase of 3% on the year before. The figures on this page draw on 3 annual filings covering 2022 to 2024. The bottom line showed a net profit of NOK 7.3k, and the EBITDA margin stood at 28.6%.
At the end of 2024, equity financed 29.7% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 718 | 696 | 0 |
| Staff expenses | -11 | -411 | -0 |
| EBITDA | 206 | 462 | 0 |
| Depreciation & amort. | -145 | -210 | -10 |
| EBIT | 60 | 251 | -10 |
| Net financials | -51 | -45 | 0 |
| Profit before tax | 10 | 206 | -10 |
| Tax | 2 | 55 | -0 |
| Net profit | 7 | 151 | -10 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total assets | 1,425 | 1,471 | 290 |
| Equity | 423 | 415 | 264 |
| Long-term debt | 282 | 576 | 0 |
| Short-term debt | 720 | 479 | 26 |
| Total debt | 1,002 | 1,056 | 26 |
Financial ratios
5-year trendEBITDA margin
28.6 %
20222024
Equity ratio
29.7 %
AverageAround the average of companies in the same industry
20222024
Return on equity
1.7 %
AverageAround the average of companies in the same industry
20222024
Net profit margin
1.0 %
WeakAmong the 40% lowest rated companies in the industry
20222024
Asset turnover
0.50×
Very strongAmong the 10% highest rated companies in the industry
20222024
Debt / equity
2.37×
WeakAmong the 40% lowest rated companies in the industry
20222024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 10% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 40% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 40% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalStrong
Among the 30% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ML Contact Person | Contact Person | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
ML Board of Directors | Board of Directors | 2022 |
JL Chairman | Chairman | 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Morus As
Magdalene AS Board network connections
Board members of Magdalene AS also hold positions in 4 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Mathias Lippert | Contact Person | 2 companies |
| Jens Lippert | Chairman | 2 companies |
Frequently asked questions
What is the Org number of Magdalene AS?
Magdalene AS is registered with Brønnøysundsregistrene under Org 930355550.
What is the revenue of Magdalene AS?
Magdalene AS reported revenue of NOK 717.5k in 2024.
Who is the chairman of Magdalene AS?
Jens Lippert chairs the board of Magdalene AS.
Where is Magdalene AS headquartered?
Magdalene AS's registered address is Stordgata 6A.