MAX IVAN AS

2230 SKOTTERUD

Finances

Share Ownership

Return on Equity

38,04 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 333 000	9 296 000	8 796 000	7 749 000
Net Income	620 000	425 000	355 000	−755 000
Total Assets	3 599 000	3 353 000	3 403 000	1 995 000
Total Equity	1 630 000	1 010 000	586 000	−1 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 333 000	9 296 000	8 796 000	7 749 000
Expenditure	10 721 000	8 852 000	8 527 000	8 438 000
Operating Profit	610 000	422 000	391 000	−526 000
Financial Income	18 000	21 000	10 000	2 000
Financial Costs	9 000	18 000	46 000	231 000
Financial Balance	9 000	3 000	−36 000	−229 000
Earnings Before Tax	620 000	425 000	355 000	−755 000
Tax	0	0	0	0
Net Income	620 000	425 000	355 000	−755 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 172 000	863 000	772 000	762 000
Total Current Assets	2 426 000	2 490 000	2 631 000	1 233 000
Total Assets	3 599 000	3 353 000	3 403 000	1 995 000
Total Retained Equity	−670 000	−1 290 000	−1 714 000	−2 069 000
Total Equity	1 630 000	1 010 000	586 000	−1 869 000
Total Long-Term Debt	0	141 000	0	0
Total Current Debt	1 968 000	2 202 000	2 817 000	3 864 000
Total Equity and Debt	3 599 000	3 353 000	3 403 000	1 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 254 000	9 363 000	8 333 000	7 741 000
Other Income	78 000	−68 000	463 000	8 000
Revenue	11 333 000	9 296 000	8 796 000	7 749 000
Cost of Goods Sold	4 884 000	4 190 000	4 001 000	4 208 000
Salary Costs	2 605 000	1 949 000	1 761 000	1 786 000
Depreciation	410 000	168 000	159 000	281 000
Impairment	0	0	0	0
Expenditure	10 721 000	8 852 000	8 527 000	8 438 000
Operating Profit	610 000	422 000	391 000	−526 000
Financial Income	18 000	21 000	10 000	2 000
Financial Costs	9 000	18 000	46 000	231 000
Financial Balance	9 000	3 000	−36 000	−229 000
Dividends	0	0	0	0
Net Income	620 000	425 000	355 000	−755 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	303 000	402 000	452 000	624 000
Machinery and Plant Facilities	0	203 000	0	0
Fixtures	869 000	258 000	320 000	137 000
Total Tangible Assets	1 172 000	863 000	772 000	761 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	1 172 000	863 000	772 000	762 000
Stock	464 000	414 000	434 000	313 000
Total Investments	0	0	0	0
Cash, Bank	700 000	485 000	298 000	119 000
Total Current Assets	2 426 000	2 490 000	2 631 000	1 233 000
Total Assets	3 599 000	3 353 000	3 403 000	1 995 000
Total Equity	1 630 000	1 010 000	586 000	−1 869 000
Short-Term Group Debt	0	839 000	851 000	2 025 000
Total Long-Term Debt	0	141 000	0	0
Creditors	528 000	581 000	1 069 000	1 110 000
Unpaid Taxes	252 000	452 000	167 000	250 000
Dividends	0	0	0	0
Other Current Debt	1 188 000	304 000	372 000	133 000
Total Current Debt	1 968 000	2 202 000	2 817 000	3 864 000
Total Equity and Debt	3 599 000	3 353 000	3 403 000	1 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,04 %	42,08 %	60,58 %	40,4 %
Debt-to-Equity Ratio	0	0,14	0	−0
Operating Profit Margin	5,38 %	4,54 %	4,45 %	−6,79 %
Current Ratio	1,23	1,13	0,93	0,32
Quick Ratio	1,61	1,39	1,1	0,35
Equity Ratio	0,45	0,3	0,17	−0,94
Gross Profit Margin	56,9 %	54,93 %	54,51 %	45,7 %