MAYTIMBER AS

3113 TØNSBERG

Finances

Share Ownership

Return on Equity

84,55 %

Current Ratio

7,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 000	75 000	0	77 000
Net Income	104 000	−796 000	−42 000	−6 000
Total Assets	143 000	32 000	853 000	877 000
Total Equity	123 000	19 000	815 000	7 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 000	75 000	0	77 000
Expenditure	232 000	33 000	42 000	75 000
Operating Profit	104 000	42 000	−42 000	3 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	838 000	0	9 000
Financial Balance	0	−838 000	0	−9 000
Earnings Before Tax	104 000	−796 000	−42 000	−6 000
Tax	0	0	0	0
Net Income	104 000	−796 000	−42 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	837 000	837 000
Total Current Assets	143 000	32 000	16 000	41 000
Total Assets	143 000	32 000	853 000	877 000
Total Retained Equity	−756 000	−860 000	−64 000	−23 000
Total Equity	123 000	19 000	815 000	7 000
Total Long-Term Debt	0	0	0	863 000
Total Current Debt	20 000	13 000	38 000	8 000
Total Equity and Debt	143 000	32 000	853 000	877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 000	75 000	0	77 000
Other Income	0	0	0	0
Revenue	336 000	75 000	0	77 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 000	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	232 000	33 000	42 000	75 000
Operating Profit	104 000	42 000	−42 000	3 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	838 000	0	9 000
Financial Balance	0	−838 000	0	−9 000
Dividends	0	0	0	0
Net Income	104 000	−796 000	−42 000	−6 000

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	837 000	837 000
Total Fixed Assets	0	0	837 000	837 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	27 000	16 000	28 000
Total Current Assets	143 000	32 000	16 000	41 000
Total Assets	143 000	32 000	853 000	877 000
Total Equity	123 000	19 000	815 000	7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	863 000
Creditors	5 000	0	0	3 000
Unpaid Taxes	6 000	0	6 000	5 000
Dividends	0	0	0	0
Other Current Debt	9 000	13 000	32 000	0
Total Current Debt	20 000	13 000	38 000	8 000
Total Equity and Debt	143 000	32 000	853 000	877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,55 %	−4 189,47 %	−5,15 %	−85,71 %
Debt-to-Equity Ratio	0	0	0	123,29
Operating Profit Margin	30,95 %	56 %	-	3,9 %
Current Ratio	7,15	2,46	0,42	5,13
Quick Ratio	7,15	2,46	0,42	5,13
Equity Ratio	0,86	0,59	0,96	0,01
Gross Profit Margin	100 %	100 %	-	100 %