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 2023
70of 100
How to read this: the company is ahead of 88 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 11 of 83 · What are Morning company classes?
Place in the whole sector: 164 of 978 · Kultur og fritid
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 96 and solidity 97 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Magic North AS is 20 points above the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 83 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 40.7% (median 2.1%) and equity ratio 77.2% (median 29.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 84 MNOK | 102 MNOK |
| Operating margin | 40.7% | 2.1% |
| Profit margin | 41.5% | 1.4% |
| Return on assets | 51.7% | 5.1% |
| Equity ratio | 77.2% | 29.2% |
| Debt-to-equity | 0.29 | 2.01 |
| Current ratio | 0.85 | 1.05 |
| Revenue growth | 43.1% | 68.8% |
| Revenue per employee | 1.15 MNOK | 1.29 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 70, Magic North AS does better than 88% of companies in the Morning class Medium in the same sector (83 companies) in 2023.
Score 2022–2024
- Magic North AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Magic North AS had an operating margin of 40.7% and an equity ratio of 77.2% in 2023, and ranks 164 of 978 in Kultur og fritid.
From 2022 to 2023: revenue grew by 43% and the operating margin fell from 43.8% to 40.7%.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 52 MNOK and 276 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 271 MNOK |
| EV/EBIT | 8.0 | 276 MNOK |
| P/B | 1.0 | 52 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
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.85 (median 1.05).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 43.1% (median 68.8%); Current ratio 0.85 (median 1.05).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.6% of the debt in 2023. The policy rate averaged 3.54 % 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 | 96 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 73 (average over 2 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 40.7% in 2023, against a median of 2.1% among companies in the Morning class Medium in the same sector. Return on assets was 51.7%.
How solid is Magic North AS?
The equity ratio was 77.2% in 2023 (median 29.2%). Debt-to-equity was 0.29 (median 2.01).
What is the liquidity of Magic North AS like?
The current ratio was 0.85 in 2023 (median 1.05). Current assets did not cover current liabilities.
How does Magic North AS compare in Kultur og fritid?
Magic North AS ranks 164 of 978 in Kultur og fritid for 2023. Among companies in the Morning class Medium it is number 11 of 83. Revenue changed by 43.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 982009936
- Legal form
- AS
- Sector
- Kultur og fritid (93.291)
- Morning company class
- Medium
- 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 5445879.
Further
Similar companies
- Kvitfjell Alpinanlegg AS index 71, rank 160 · compare
- Arktisk Filharmoni AS index 70, rank 173 · compare
- Auditorium AS index 69, rank 178 · compare
- Tryvannwyller AS index 69, rank 186 · compare
- Museene Arven AS index 68, rank 198 · compare