Magnora ASA (MGN) - Total Liabilities
Based on the latest financial reports, Magnora ASA (MGN) has total liabilities worth Nkr110.20 Million NOK (≈ $11.60 Million USD) 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. Explore Magnora ASA cash flow conversion to assess how effectively this company generates cash.
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. Check Magnora ASA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Magnora ASA Competitors by Total Liabilities
The table below lists competitors of Magnora ASA ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
OE Solutions Co. Ltd
KQ:138080
|
Korea | ₩67.41 Billion |
|
Taisol Electronics Co Ltd
TW:3338
|
Taiwan | NT$1.66 Billion |
|
Advantage Solutions Inc
NASDAQ:ADV
|
USA | $2.29 Billion |
|
Vuzix Corp Cmn Stk
NASDAQ:VUZI
|
USA | $5.39 Million |
|
Unison Co. Ltd
KQ:018000
|
Korea | ₩169.84 Billion |
|
Sportking India Limited
NSE:SPORTKING
|
India | Rs7.49 Billion |
|
Monash Ivf Group Ltd
AU:MVF
|
Australia | AU$252.26 Million |
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. For the full company profile including market capitalisation, see MGN market cap.
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 ≈ $18.22 Million |
+230.98% |
| 2023-12-31 | Nkr52.30 Million ≈ $5.50 Million |
-60.50% |
| 2022-12-31 | Nkr132.40 Million ≈ $13.93 Million |
+533.49% |
| 2021-12-31 | Nkr20.90 Million ≈ $2.20 Million |
+248.33% |
| 2020-12-31 | Nkr6.00 Million ≈ $631.37K |
-21.05% |
| 2019-12-31 | Nkr7.60 Million ≈ $799.74K |
-47.22% |
| 2018-12-31 | Nkr14.40 Million ≈ $1.52 Million |
-61.29% |
| 2017-12-31 | Nkr37.20 Million ≈ $3.91 Million |
-74.69% |
| 2016-12-31 | Nkr146.96 Million ≈ $15.46 Million |
-54.57% |
| 2015-12-31 | Nkr323.49 Million ≈ $34.04 Million |
+29.49% |
| 2014-12-31 | Nkr249.81 Million ≈ $26.29 Million |
+6.14% |
| 2013-12-31 | Nkr235.36 Million ≈ $24.77 Million |
-92.78% |
| 2012-12-31 | Nkr3.26 Billion ≈ $342.81 Million |
+19.07% |
| 2011-12-31 | Nkr2.74 Billion ≈ $287.92 Million |
-73.83% |
| 2010-12-31 | Nkr10.46 Billion ≈ $1.10 Billion |
+35.03% |
| 2009-12-31 | Nkr7.74 Billion ≈ $814.86 Million |
+85.20% |
| 2008-12-31 | Nkr4.18 Billion ≈ $439.98 Million |
-18.46% |
| 2007-12-31 | Nkr5.13 Billion ≈ $539.57 Million |
+65.95% |
| 2006-12-31 | Nkr3.09 Billion ≈ $325.15 Million |
+210.77% |
| 2005-12-31 | Nkr994.28 Million ≈ $104.63 Million |
+5855.17% |
| 2004-12-31 | Nkr16.70 Million ≈ $1.76 Million |
+714.92% |
| 2003-12-31 | Nkr2.05 Million ≈ $215.59K |
-62.40% |
| 2002-12-31 | Nkr5.45 Million ≈ $573.32K |
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About Magnora ASA
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