Magic Karma AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 28 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 3,053 of 4,239 · What are Morning company classes?
Place in the whole sector: 5,037 of 6,735 · Overnatting og servering
Profile
Beaver · Builder
Lower profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 38 and resilience 27 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Magic Karma AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 4,230 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −0.4% (median 1.6%) and equity ratio 0.2% (median 13.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 5 MNOK |
| Operating margin | −0.4% | 1.6% |
| Profit margin | −0.7% | 1.2% |
| Return on assets | −2.0% | 5.7% |
| Equity ratio | 0.2% | 13.8% |
| Debt-to-equity | 611.18 | 1.97 |
| Current ratio | 0.78 | 1.01 |
| Revenue growth | – | 5.7% |
| Revenue per employee | 0.13 MNOK | 0.46 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 33, Magic Karma AS does better than 28% of companies in the Morning class Micro in the same sector (4,239 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Magic Karma AS has a score of 33 for 2025, rank 5,037 of 6,735 in the sector.
Strongest: Consistency: percentile 40 against peers.
Weakest: Solidity: percentile 17 against peers, equity ratio 0.2% against a median of 13.8%. Liquidity: percentile 37 against peers, current ratio 0.78 against a median of 1.01.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.2% (median 13.8%).
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.78 (median 1.01).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.7% (median 1.2%).
- What lies behind weak solidity, 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
The industry or the company: what drove the result?
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Magic Karma AS. The figures stand side by side; we claim no cause.
Service prices: accommodation and food (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: accommodation and food, annual average | 100.0 | 107.9 | 114.0 | 118.8 | 123.1 | 126.9 (so far) |
| Change from the year before | – | +7.9% | +5.7% | +4.1% | +3.6% | +3.1% |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: SSB (14335, CC BY 4.0). Source
Turnover index: accommodation and food service (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: accommodation and food service, annual average | 97.0 | 139.7 | 153.5 | 157.8 | 161.5 | 170.4 (so far) |
| Change from the year before | +23.4% | +44.1% | +9.9% | +2.8% | +2.3% | +5.5% |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: SSB (14710, CC BY 4.0). Source
EUR/NOK (kr)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Policy rate (prosent)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: food and beverage service (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: food and beverage service, annual average | 88.0 | 91.3 | 96.4 | 101.5 | 108.1 | 110.6 (so far) |
| Change from the year before | +3.5% | +3.8% | +5.6% | +5.4% | +6.5% | +2.3% |
| The company's operating margin | – | – | – | – | −0.4% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Magic Karma AS had an operating margin of −0.4% and an equity ratio of 0.2% in 2025, and ranks 5,037 of 6,735 in Overnatting og servering.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 19.8 | not meaningful |
| EV/EBIT | 16.2 | not meaningful |
| P/B | 3.3 | 0 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (56): Restaurant/Dining.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.2% (median 13.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.78 (median 1.01).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.7% (median 1.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.5% of the debt in 2025. The policy rate averaged 4.30 % 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 38 | weight 40% |
|---|---|---|
| Solidity | 17 | weight 20% |
| Liquidity | 37 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 40 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 75%: the share of the weights that had data.
Questions and answers
How profitable is Magic Karma AS?
The operating margin was −0.4% in 2025, against a median of 1.6% among companies in the Morning class Micro in the same sector. Return on assets was −2.0%. The company made a loss before tax.
How solid is Magic Karma AS?
The equity ratio was 0.2% in 2025 (median 13.8%). Debt-to-equity was 611.18 (median 1.97).
What is the liquidity of Magic Karma AS like?
The current ratio was 0.78 in 2025 (median 1.01). Current assets did not cover current liabilities.
How does Magic Karma AS compare in Overnatting og servering?
Magic Karma AS ranks 5,037 of 6,735 in Overnatting og servering for 2025. Among companies in the Morning class Micro it is number 3,053 of 4,239.
Competitors
The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.
Each bubble is a company: this company and its closest competitors in the same line of business and size, the same ones the competitor analysis uses. Placement is 0–100 against the whole sector and Morning company class: further right is more robust, higher up is more profitable. Bubble size is revenue. The light bubble and arrow show where the company stood the year before. Pick a profile to see fewer at a time.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Folkvord Gård AS |  Lion |
3 MNOK | 15.2% | 78 |
| DRØBAK RESTAURANT & Catering Selskap AS | Lion |
3 MNOK | 4.1% | 66 |
| Laxevaag Servering AS |  Beaver |
3 MNOK | −11.4% | 12 |
| China House Raufoss AS | Lion |
3 MNOK | 5.5% | 72 |
| Magic Karma AS (this company) | Beaver |
3 MNOK | −0.4% | 33 |
| KAISVINGEN KAFÉ & Catering AS | Beaver |
3 MNOK | 0.2% | 47 |
| Judaberg AS | Beaver |
3 MNOK | −31.0% | 13 |
| Pour AS | Beaver |
3 MNOK | −6.9% | 18 |
| Helgeland Sushi 2 AS | Beaver |
3 MNOK | −4.4% | 13 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
From the Central Coordinating Register
- Org. no.
- 935459567
- Legal form
- AS
- Sector
- Overnatting og servering (56.110)
- Morning company class
- Micro
- Employees
- 23 registered 10 September 2026
- Founded
- 2 May 2025 1 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Bjørkestølveien 12, 4790 LILLESAND
- Municipality
- Lillesand rank 3–17 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 8 May 2025
- Latest accounts filed
- 2025
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.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 4 November 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 3.0 MNOK |
| Operating profit | 0.0 MNOK |
| Profit before tax | 0.0 MNOK |
| Tax expense | – |
| Net profit | 0.0 MNOK |
| Financial expenses | 0.0 MNOK |
| Total assets | 0.7 MNOK |
| Current assets | 0.4 MNOK |
| Equity | 0.0 MNOK |
| Retained earnings | 0.0 MNOK |
| Total liabilities | 0.7 MNOK |
| Current liabilities | 0.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 6760108.
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