MAX FRITID ENGROS AS

6300 ÅNDALSNES

Finances

Return on Equity

−6,13 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 576 000	125 544 000	126 784 000	144 659 000
Net Income	−1 842 000	183 000	1 863 000	1 904 000
Total Assets	102 420 000	88 194 000	66 388 000	70 109 000
Total Equity	30 030 000	28 222 000	29 031 000	29 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 576 000	125 544 000	126 784 000	144 659 000
Expenditure	118 986 000	122 638 000	125 214 000	140 991 000
Operating Profit	590 000	2 906 000	1 570 000	3 669 000
Financial Income	4 107 000	2 944 000	5 042 000	1 980 000
Financial Costs	7 260 000	5 605 000	4 219 000	3 173 000
Financial Balance	−3 153 000	−2 661 000	823 000	−1 193 000
Earnings Before Tax	−2 562 000	245 000	2 393 000	2 475 000
Tax	−720 000	62 000	530 000	571 000
Net Income	−1 842 000	183 000	1 863 000	1 904 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 582 000	24 383 000	17 778 000	17 098 000
Total Current Assets	77 838 000	63 811 000	48 609 000	53 011 000
Total Assets	102 420 000	88 194 000	66 388 000	70 109 000
Total Retained Equity	25 704 000	27 546 000	28 355 000	28 502 000
Total Equity	30 030 000	28 222 000	29 031 000	29 178 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 390 000	59 972 000	37 357 000	40 931 000
Total Equity and Debt	102 420 000	88 194 000	66 388 000	70 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 427 000	125 376 000	126 063 000	144 551 000
Other Income	149 000	168 000	722 000	108 000
Revenue	119 576 000	125 544 000	126 784 000	144 659 000
Cost of Goods Sold	88 423 000	92 358 000	95 066 000	106 923 000
Salary Costs	10 962 000	10 764 000	10 626 000	12 352 000
Depreciation	1 994 000	1 738 000	1 609 000	962 000
Impairment	0	0	0	0
Expenditure	118 986 000	122 638 000	125 214 000	140 991 000
Operating Profit	590 000	2 906 000	1 570 000	3 669 000
Financial Income	4 107 000	2 944 000	5 042 000	1 980 000
Financial Costs	7 260 000	5 605 000	4 219 000	3 173 000
Financial Balance	−3 153 000	−2 661 000	823 000	−1 193 000
Dividends	0	0	0	0
Net Income	−1 842 000	183 000	1 863 000	1 904 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 795 000	8 046 000	8 258 000	7 613 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 893 000	4 443 000	4 256 000	4 220 000
Total Tangible Assets	5 893 000	4 443 000	4 256 000	4 220 000
Total Fiancial Fixed Assets	11 894 000	11 894 000	5 264 000	5 264 000
Total Fixed Assets	24 582 000	24 383 000	17 778 000	17 098 000
Stock	67 144 000	52 904 000	42 987 000	47 516 000
Total Investments	0	0	0	0
Cash, Bank	361 000	419 000	413 000	474 000
Total Current Assets	77 838 000	63 811 000	48 609 000	53 011 000
Total Assets	102 420 000	88 194 000	66 388 000	70 109 000
Total Equity	30 030 000	28 222 000	29 031 000	29 178 000
Short-Term Group Debt	65 217 000	49 802 000	21 426 000	30 228 000
Total Long-Term Debt	0	0	0	0
Creditors	4 900 000	6 803 000	7 125 000	6 844 000
Unpaid Taxes	617 000	678 000	1 236 000	784 000
Dividends	0	0	0	0
Other Current Debt	1 656 000	2 689 000	7 570 000	3 075 000
Total Current Debt	72 390 000	59 972 000	37 357 000	40 931 000
Total Equity and Debt	102 420 000	88 194 000	66 388 000	70 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,13 %	0,65 %	6,42 %	6,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,49 %	2,31 %	1,24 %	2,54 %
Current Ratio	1,08	1,06	1,3	1,3
Quick Ratio	14,84	9,03	−8,63	−8,05
Equity Ratio	0,29	0,32	0,44	0,42
Gross Profit Margin	26,05 %	26,43 %	25,02 %	26,09 %