Magnora ASA

OL:MGN Norway Utilities - Renewable
Market Cap
$133.51 Million
Nkr1.52 Billion NOK
Market Cap Rank
#19073 Global
#79 in Norway
Share Price
Nkr23.80
Change (1 day)
+1.28%
52-Week Range
Nkr18.94 - Nkr25.65
All Time High
Nkr28.19
About

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA… Read more

Magnora ASA (MGN) - Total Liabilities

Latest total liabilities as of June 2025: Nkr110.20 Million NOK

Based on the latest financial reports, Magnora ASA (MGN) has total liabilities worth Nkr110.20 Million NOK as of June 2025.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Magnora ASA - Total Liabilities Trend (2002–2024)

This chart illustrates how Magnora ASA's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Magnora ASA Competitors by Total Liabilities

The table below lists competitors of Magnora ASA ranked by their total liabilities.

Company Country Total Liabilities
Tarczynski S.A.
WAR:TAR
Poland zł1.31 Billion
LBS Bina Group Bhd
KLSE:5789
Malaysia RM2.50 Billion
Gujarat Alkalies and Chemicals Limited
NSE:GUJALKALI
India ₹26.39 Billion
Enviro Infra Engineers Ltd
NSE:EIEL
India ₹4.36 Billion
EROAD Limited
PINK:ERDLF
USA $128.93 Million
Creades AB Series A
LSE:0QI9
UK Skr95.00 Million
Singer Thailand Public Company Limited
BK:SINGER-R
Thailand ฿1.01 Billion
Steel Strips Wheels Limited
NSE:SSWL
India ₹17.09 Billion

Liability Composition Analysis (2002–2024)

This chart breaks down Magnora ASA's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 2.24 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio 1.96 Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.28 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.22 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Magnora ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Magnora ASA (2002–2024)

The table below shows the annual total liabilities of Magnora ASA from 2002 to 2024.

Year Total Liabilities Change
2024-12-31 Nkr173.10 Million +230.98%
2023-12-31 Nkr52.30 Million -60.50%
2022-12-31 Nkr132.40 Million +533.49%
2021-12-31 Nkr20.90 Million +248.33%
2020-12-31 Nkr6.00 Million -21.05%
2019-12-31 Nkr7.60 Million -47.22%
2018-12-31 Nkr14.40 Million -61.29%
2017-12-31 Nkr37.20 Million -74.69%
2016-12-31 Nkr146.96 Million -54.57%
2015-12-31 Nkr323.49 Million +29.49%
2014-12-31 Nkr249.81 Million +6.14%
2013-12-31 Nkr235.36 Million -92.78%
2012-12-31 Nkr3.26 Billion +19.07%
2011-12-31 Nkr2.74 Billion -73.83%
2010-12-31 Nkr10.46 Billion +35.03%
2009-12-31 Nkr7.74 Billion +85.20%
2008-12-31 Nkr4.18 Billion -18.46%
2007-12-31 Nkr5.13 Billion +65.95%
2006-12-31 Nkr3.09 Billion +210.77%
2005-12-31 Nkr994.28 Million +5855.17%
2004-12-31 Nkr16.70 Million +714.92%
2003-12-31 Nkr2.05 Million -62.40%
2002-12-31 Nkr5.45 Million --