MAX AUTO AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

51,8 %

Current Ratio

5,58

Debt-to-Equity Ratio

4,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 431 000	30 715 000	21 712 000	24 126 000
Net Income	619 000	369 000	198 000	359 000
Total Assets	7 515 000	6 565 000	2 420 000	3 485 000
Total Equity	1 195 000	576 000	207 000	−1 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 431 000	30 715 000	21 712 000	24 126 000
Expenditure	73 465 000	30 231 000	21 443 000	23 683 000
Operating Profit	966 000	484 000	270 000	443 000
Financial Income	1 000	0	0	0
Financial Costs	179 000	115 000	72 000	84 000
Financial Balance	−178 000	−115 000	−72 000	−84 000
Earnings Before Tax	788 000	369 000	198 000	359 000
Tax	169 000	0	0	0
Net Income	619 000	369 000	198 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	10 000
Total Current Assets	7 515 000	6 565 000	2 420 000	3 475 000
Total Assets	7 515 000	6 565 000	2 420 000	3 485 000
Total Retained Equity	−535 000	−1 154 000	−1 523 000	−1 721 000
Total Equity	1 195 000	576 000	207 000	−1 491 000
Total Long-Term Debt	4 973 000	5 016 000	1 088 000	3 274 000
Total Current Debt	1 347 000	973 000	1 125 000	1 702 000
Total Equity and Debt	7 515 000	6 565 000	2 420 000	3 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 788 000	30 245 000	21 432 000	23 660 000
Other Income	644 000	471 000	280 000	466 000
Revenue	74 431 000	30 715 000	21 712 000	24 126 000
Cost of Goods Sold	70 655 000	28 703 000	20 277 000	22 487 000
Salary Costs	1 853 000	709 000	277 000	411 000
Depreciation	0	0	10 000	78 000
Impairment	0	0	0	0
Expenditure	73 465 000	30 231 000	21 443 000	23 683 000
Operating Profit	966 000	484 000	270 000	443 000
Financial Income	1 000	0	0	0
Financial Costs	179 000	115 000	72 000	84 000
Financial Balance	−178 000	−115 000	−72 000	−84 000
Dividends	0	0	0	0
Net Income	619 000	369 000	198 000	359 000

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	10 000
Total Tangible Assets	0	0	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	10 000
Stock	6 196 000	4 906 000	884 000	2 371 000
Total Investments	0	0	0	0
Cash, Bank	1 242 000	831 000	1 179 000	888 000
Total Current Assets	7 515 000	6 565 000	2 420 000	3 475 000
Total Assets	7 515 000	6 565 000	2 420 000	3 485 000
Total Equity	1 195 000	576 000	207 000	−1 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 973 000	5 016 000	1 088 000	3 274 000
Creditors	915 000	891 000	959 000	1 617 000
Unpaid Taxes	100 000	26 000	146 000	68 000
Dividends	0	0	0	0
Other Current Debt	163 000	57 000	21 000	17 000
Total Current Debt	1 347 000	973 000	1 125 000	1 702 000
Total Equity and Debt	7 515 000	6 565 000	2 420 000	3 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,8 %	64,06 %	95,65 %	−24,08 %
Debt-to-Equity Ratio	4,16	8,71	5,26	−2,2
Operating Profit Margin	1,3 %	1,58 %	1,24 %	1,84 %
Current Ratio	5,58	6,75	2,15	2,04
Quick Ratio	−1,55	−1,67	10,04	−5,19
Equity Ratio	0,16	0,09	0,09	−0,43
Gross Profit Margin	5,07 %	6,55 %	6,61 %	6,79 %