Magic North AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
67of 100
How to read this: the company is ahead of 82 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 50 of 273 · What are Morning company classes?
Place in the whole sector: 195 of 1,028 · Kultur og fritid
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 80 and solidity 98 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Magic North AS is 17 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 50 among 273 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 26.3% (median 3.6%) and equity ratio 88.4% (median 31.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 39 MNOK | 18 MNOK |
| Operating margin | 26.3% | 3.6% |
| Profit margin | 30.0% | 3.2% |
| Return on assets | 17.1% | 7.0% |
| Equity ratio | 88.4% | 31.0% |
| Debt-to-equity | 0.13 | 1.64 |
| Current ratio | 1.15 | 1.25 |
| Revenue growth | −53.5% | 7.2% |
| Revenue per employee | 0.53 MNOK | 0.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 67, Magic North AS does better than 82% of companies in the Morning class Small in the same sector (273 companies) in 2024.
Score 2022–2024
- Magic North AS
- Median: companies in the Morning class Small in the same sector
Magic North AS has a score of 67 for 2024, rank 195 of 1,028 in the sector.
Strongest: Solidity: percentile 98 against peers, equity ratio 88.4% against a median of 31.0%. Profitability: percentile 80 against peers, operating margin 26.3% against a median of 3.6%.
Weakest: Growth: percentile 1 against peers, revenue growth −53.5% against a median of 7.2%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Magic North AS had an operating margin of 26.3% and an equity ratio of 88.4% in 2024, and ranks 195 of 1,028 in Kultur og fritid.
From 2023 to 2024: the operating margin fell from 40.7% to 26.3% and revenue fell by 53%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 61 MNOK and 91 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 91 MNOK |
| EV/EBIT | 8.0 | 88 MNOK |
| P/B | 1.0 | 61 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.5% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 80 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 44 | weight 15% |
| Growth | 1 | weight 15% |
| Consistency | 77 | weight 15% |
Durability: 71 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Magic North AS?
The operating margin was 26.3% in 2024, against a median of 3.6% among companies in the Morning class Small in the same sector. Return on assets was 17.1%.
How solid is Magic North AS?
The equity ratio was 88.4% in 2024 (median 31.0%). Debt-to-equity was 0.13 (median 1.64).
What is the liquidity of Magic North AS like?
The current ratio was 1.15 in 2024 (median 1.25).
How does Magic North AS compare in Kultur og fritid?
Magic North AS ranks 195 of 1,028 in Kultur og fritid for 2024. Among companies in the Morning class Small it is number 50 of 273. Revenue changed by −53.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 982009936
- Legal form
- AS
- Sector
- Kultur og fritid (93.291)
- Morning company class
- Small
- Employees
- 73 registered 10 October 2026
- Founded
- 12 May 2000 26 years in operation
- Share capital
- 2.70 MNOK
- Business address
- Kongens gate 48, 8006 BODØ
- Municipality
- Bodø rank 4–9 of 10 in KOSTRA group 11
- Latest accounts filed
- 2024
- Website
- www.magicnorth.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 2 November 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 76 | 70 | 67 | |
| Rank | 3 | 164 | 195 | |
| Operating margin | 43.8% | 40.7% | 26.3% | |
| Return on assets | 68.2% | 51.7% | 17.1% | |
| Equity ratio | 72.0% | 77.2% | 88.4% | |
| Current ratio | 1.95 | 0.85 | 1.15 | |
| Revenue growth | – | 43.1% | −53.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 58.5 MNOK | 83.8 MNOK | 39.0 MNOK |
| Operating profit | 25.7 MNOK | 34.1 MNOK | 10.2 MNOK |
| Profit before tax | 25.3 MNOK | 34.7 MNOK | 11.7 MNOK |
| Net profit | 19.7 MNOK | 27.1 MNOK | 9.1 MNOK |
| Financial expenses | 0.3 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 37.6 MNOK | 67.3 MNOK | 69.0 MNOK |
| Current assets | 19.0 MNOK | 12.7 MNOK | 9.1 MNOK |
| Equity | 27.1 MNOK | 52.0 MNOK | 61.0 MNOK |
| Retained earnings | 24.6 MNOK | 49.5 MNOK | 58.5 MNOK |
| Total liabilities | 10.5 MNOK | 15.3 MNOK | 8.0 MNOK |
| Current liabilities | 9.8 MNOK | 15.0 MNOK | 8.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 6322467.
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