MAXWORK AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

−6,9 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 000	43 000	363 000	127 000
Net Income	8 000	0	−13 000	−134 000
Total Assets	14 000	0	36 000	34 000
Total Equity	−116 000	−123 000	−134 000	−121 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 000	43 000	363 000	127 000
Expenditure	12 000	43 000	370 000	261 000
Operating Profit	8 000	0	−7 000	−134 000
Financial Income	0	0	0	0
Financial Costs	0	0	6 000	0
Financial Balance	0	0	−6 000	0
Earnings Before Tax	8 000	0	−13 000	−134 000
Tax	0	0	0	0
Net Income	8 000	0	−13 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	2 000
Total Current Assets	14 000	0	36 000	32 000
Total Assets	14 000	0	36 000	34 000
Total Retained Equity	−151 000	−159 000	−159 000	−146 000
Total Equity	−116 000	−123 000	−134 000	−121 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	130 000	124 000	170 000	155 000
Total Equity and Debt	14 000	0	36 000	34 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	43 000	363 000	127 000
Other Income	0	0	0	0
Revenue	19 000	43 000	363 000	127 000
Cost of Goods Sold	1 000	23 000	0	0
Salary Costs	0	0	149 000	219 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	43 000	370 000	261 000
Operating Profit	8 000	0	−7 000	−134 000
Financial Income	0	0	0	0
Financial Costs	0	0	6 000	0
Financial Balance	0	0	−6 000	0
Dividends	0	0	0	0
Net Income	8 000	0	−13 000	−134 000

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	2 000
Total Fixed Assets	0	0	0	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	0	36 000	14 000
Total Current Assets	14 000	0	36 000	32 000
Total Assets	14 000	0	36 000	34 000
Total Equity	−116 000	−123 000	−134 000	−121 000
Short-Term Group Debt	23 000	23 000	26 000	26 000
Total Long-Term Debt	0	0	0	0
Creditors	16 000	11 000	2 000	16 000
Unpaid Taxes	19 000	50 000	103 000	73 000
Dividends	0	0	0	0
Other Current Debt	72 000	40 000	40 000	41 000
Total Current Debt	130 000	124 000	170 000	155 000
Total Equity and Debt	14 000	0	36 000	34 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,9 %	−0 %	9,7 %	110,74 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	42,11 %	0 %	−1,93 %	−105,51 %
Current Ratio	0,11	0	0,21	0,21
Quick Ratio	0,11	0	0,21	0,21
Equity Ratio	−8,29	-	−3,72	−3,56
Gross Profit Margin	94,74 %	46,51 %	100 %	100 %