MAGIC PROPERTIES AS
Organization
- CEO
- TR
- Chairman of the board
- TR
- Years since formation
- 27 years
- since Dec 22, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 114,272
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 159,379,590
- NOK
- Annual total result 2024
- 79,005,221
- NOK
- Total equity 2024
- 41,072,501
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TR | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TR | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| - | 49.99 % indirectly | |
IH | - | 49.99 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 114,272 | 100 % |
Shares owned by the MAGIC PROPERTIES AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -126,489Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 159,379,590 | 134,199,718 | 142,555,751 | 93,434,328 |
Annual Total Result | 79,005,221 | 49,981,527 | 61,756,576 | -8,882,585 |
Total assets | 224,488,329 | 228,076,890 | 232,048,425 | 139,307,705 |
Total liabilities | 183,415,827 | 176,734,315 | 159,320,325 | 122,678,312 |
Total equity | 41,072,501 | 51,342,575 | 72,728,099 | 16,629,393 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 159,379,590 | 134,199,718 | 142,555,751 | 93,434,328 |
Total operating costs | 69,412,095 | 73,258,394 | 64,504,266 | 104,945,528 |
Operating result | 89,967,495 | 60,941,324 | 78,051,485 | -11,511,200 |
Financial income/costs | 11,365,757 | 3,162,090 | 1,126,278 | 123,272 |
Profit before tax | 101,333,252 | 64,103,414 | 79,177,763 | -11,387,928 |
Total tax & extraordinary income/cost | 22,328,031 | 14,121,887 | 17,421,187 | -2,505,343 |
Annual Total Result | 79,005,221 | 49,981,527 | 61,756,576 | -8,882,585 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 97,448,396 | 109,384,259 | 118,552,284 | 83,871,797 |
Total current assets | 127,039,932 | 118,692,631 | 113,496,141 | 55,435,908 |
Total assets | 224,488,329 | 228,076,890 | 232,048,425 | 139,307,705 |
Short term debt | 178,697,603 | 170,415,355 | 151,551,023 | 122,678,312 |
Long term debt | 4,718,224 | 6,318,960 | 7,769,302 | 0 |
Total liabilities | 183,415,827 | 176,734,315 | 159,320,325 | 122,678,312 |
Contributed capital | 108,606 | 108,606 | 108,606 | 114,272 |
Retained earnings | 40,963,895 | 51,233,969 | 72,619,493 | 16,515,121 |
Total equity | 41,072,501 | 51,342,575 | 72,728,099 | 16,629,393 |
Total equity and liabilities | 224,488,328 | 228,076,890 | 232,048,425 | 139,307,705 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises