MAX SYSTEM AS

5073 BERGEN

Finances

Return on Equity

11,11 %

Current Ratio

12,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 000	141 000	98 000	80 000
Net Income	28 000	31 000	6 000	−24 000
Total Assets	274 000	244 000	193 000	192 000
Total Equity	252 000	225 000	193 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 000	141 000	98 000	80 000
Expenditure	95 000	104 000	92 000	105 000
Operating Profit	35 000	37 000	6 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	35 000	37 000	6 000	−24 000
Tax	8 000	6 000	0	0
Net Income	28 000	31 000	6 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	274 000	244 000	193 000	192 000
Total Assets	274 000	244 000	193 000	192 000
Total Retained Equity	140 000	112 000	81 000	75 000
Total Equity	252 000	225 000	193 000	187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	19 000	0	5 000
Total Equity and Debt	274 000	244 000	193 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	130 000	141 000	98 000	80 000
Other Income	0	0	0	0
Revenue	130 000	141 000	98 000	80 000
Cost of Goods Sold	0	30 000	10 000	2 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 000	104 000	92 000	105 000
Operating Profit	35 000	37 000	6 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	28 000	31 000	6 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	272 000	243 000	191 000	191 000
Total Current Assets	274 000	244 000	193 000	192 000
Total Assets	274 000	244 000	193 000	192 000
Total Equity	252 000	225 000	193 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	0	0
Total Current Debt	22 000	19 000	0	5 000
Total Equity and Debt	274 000	244 000	193 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	13,78 %	3,11 %	−12,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,92 %	26,24 %	6,12 %	−30 %
Current Ratio	12,45	12,84	-	38,4
Quick Ratio	12,45	12,84	-	38,4
Equity Ratio	0,92	0,92	1	0,97
Gross Profit Margin	100 %	78,72 %	89,8 %	97,5 %