MAX NORWAY AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−111,82 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 694 000	143 169 000	139 805 000	148 297 000
Net Income	−40 918 000	−13 525 000	−13 550 000	−4 133 000
Total Assets	220 569 000	174 105 000	121 191 000	88 303 000
Total Equity	36 594 000	17 916 000	11 324 000	4 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 694 000	143 169 000	139 805 000	148 297 000
Expenditure	232 357 000	155 314 000	151 992 000	150 993 000
Operating Profit	−35 662 000	−12 144 000	−12 186 000	−2 695 000
Financial Income	241 000	415 000	208 000	73 000
Financial Costs	5 497 000	1 796 000	1 573 000	1 512 000
Financial Balance	−5 256 000	−1 381 000	−1 365 000	−1 439 000
Earnings Before Tax	−40 918 000	−13 525 000	−13 550 000	−4 133 000
Tax	0	0	0	0
Net Income	−40 918 000	−13 525 000	−13 550 000	−4 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 518 000	162 320 000	104 054 000	66 600 000
Total Current Assets	20 051 000	11 786 000	17 137 000	21 703 000
Total Assets	220 569 000	174 105 000	121 191 000	88 303 000
Total Retained Equity	0	−33 099 000	−19 691 000	−6 141 000
Total Equity	36 594 000	17 916 000	11 324 000	4 874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	183 975 000	156 189 000	109 867 000	83 428 000
Total Equity and Debt	220 569 000	174 105 000	121 191 000	88 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 052 000	141 614 000	138 818 000	147 154 000
Other Income	2 643 000	1 555 000	987 000	1 144 000
Revenue	196 694 000	143 169 000	139 805 000	148 297 000
Cost of Goods Sold	59 950 000	40 435 000	40 001 000	41 162 000
Salary Costs	75 979 000	49 456 000	48 046 000	49 159 000
Depreciation	9 363 000	5 270 000	4 211 000	3 369 000
Impairment	0	0	0	0
Expenditure	232 357 000	155 314 000	151 992 000	150 993 000
Operating Profit	−35 662 000	−12 144 000	−12 186 000	−2 695 000
Financial Income	241 000	415 000	208 000	73 000
Financial Costs	5 497 000	1 796 000	1 573 000	1 512 000
Financial Balance	−5 256 000	−1 381 000	−1 365 000	−1 439 000
Dividends	0	0	0	0
Net Income	−40 918 000	−13 525 000	−13 550 000	−4 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	111 732 000	51 727 000	43 066 000	41 747 000
Machinery and Plant Facilities	88 785 000	107 359 000	21 262 000	23 710 000
Fixtures	0	0	82 000	142 000
Total Tangible Assets	200 518 000	159 086 000	64 410 000	65 600 000
Total Fiancial Fixed Assets	0	3 234 000	39 644 000	1 000 000
Total Fixed Assets	200 518 000	162 320 000	104 054 000	66 600 000
Stock	1 900 000	1 436 000	1 333 000	1 144 000
Total Investments	0	0	0	0
Cash, Bank	14 143 000	6 099 000	12 900 000	17 265 000
Total Current Assets	20 051 000	11 786 000	17 137 000	21 703 000
Total Assets	220 569 000	174 105 000	121 191 000	88 303 000
Total Equity	36 594 000	17 916 000	11 324 000	4 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 317 000	12 659 000	7 484 000	7 785 000
Unpaid Taxes	7 199 000	4 123 000	4 596 000	7 038 000
Dividends	0	0	0	0
Other Current Debt	163 459 000	139 407 000	97 787 000	68 606 000
Total Current Debt	183 975 000	156 189 000	109 867 000	83 428 000
Total Equity and Debt	220 569 000	174 105 000	121 191 000	88 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,82 %	−75,49 %	−119,66 %	−84,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,13 %	−8,48 %	−8,72 %	−1,82 %
Current Ratio	0,11	0,08	0,16	0,26
Quick Ratio	0,11	0,08	0,16	0,26
Equity Ratio	0,17	0,1	0,09	0,06
Gross Profit Margin	69,52 %	71,76 %	71,39 %	72,24 %