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MASALAMAGIC AS
AS
Active
Org 992836105
Dalsveien 57B, 0775 Oslo
Non-specialised wholesale of food, beverages and tobacco · NACE 4639
Est. 2008
3 employees
www.masalamagic.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 21,9M
+31% vs 2023
EBITDA margin
4.3%
+151% vs 2023
Equity ratio
6.7%
Financial strength
Net profit 2024
NOK 625K
+1233% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 21,9M
+31%
EBITDA
NOK 949K
+151%
Net profit
NOK 625K
+1233%
Total assets
NOK 5,4M
-19%
Equity
NOK 364K
-51%
Employees
3
—
Company information
Legal name
MASALAMAGIC AS
Org number
992836105
Legal form
Aksjeselskap
NACE code
4639 · Non-specialised wholesale of food, beverages and tobacco
Founded
28. juni 2008
Share capital
NOK 100 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Import og salg av varer, detaljhandel og import av varer til matvareproduksjon.
Contact
Address
Dalsveien 57B, 0775 Oslo
Phone
+4790097291
Email
info@masalamagic.com
Website
www.masalamagic.com
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Companies in Non-specialised wholesale of food, beverages and tobacco
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
6M
13M
19M
25M
14M
2020
13M
2021
17M
2022
17M
2023
22M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
14 425
13 203
16 902
16 773
21 928
Staff expenses
−2 226
−1 482
−1 528
−978
−1 617
EBITDA
283
104
478
377
949
Depreciation & amort.
−0
−0
−0
−5
−36
EBIT
283
104
478
372
913
Net financials
−52
−68
−367
−314
−114
Profit before tax
231
36
111
58
800
Tax
40
8
145
11
175
Net profit
191
28
−34
47
625
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 644
2 940
5 241
6 666
5 401
Equity
179
207
693
740
364
Long-term debt
646
540
664
475
413
Short-term debt
1 819
2 192
3 884
5 451
4 624
Total debt
2 465
2 732
4 548
5 927
5 037
Financial ratios
5-year trend
EBITDA margin
4.3%
This company
15.8%
Market median
-73% vs market
2020
2024
Equity ratio
6.7%
This company
38.2%
Market median
-82% vs market
2020
2024
Return on equity
171.5%
This company
18.4%
Market median
+832% vs market
2020
2024
Net profit margin
2.8%
This company
8.1%
Market median
-65% vs market
2020
2024
Asset turnover
4.06×
This company
1.12×
Market median
+262% vs market
2020
2024
Debt / equity
13.83×
This company
0.62×
Market median
-2131% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
NK
Nirupma Kumra
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
SK
Sunil Kumar Kumra
Board of Directors
2023
AK
Ayush Kumra
Chairman
2020
Former (1)
BL
Bjarne Lervik-Mørck
Board of Directors
2020 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Niru Kumra Holding As
Company
100%
100%
2022
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Company hierarchy
Ak Oslo Holding As
Niru Kumra Holding As
MASALAMAGIC AS
(this company)
Board network connections
Board members of MASALAMAGIC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Nirupma Kumra
Chief Executive Officer
0 companies
Sunil Kumar Kumra
Board of Directors
0 companies
Bjarne Lervik-Mørck
Board of Directors
0 companies
Ayush Kumra
Chairman
0 companies