MAX-IT AS

4312 SANDNES

Finances

Return on Equity

40 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	302 000	151 000	305 000	195 000
Net Income	44 000	−26 000	54 000	38 000
Total Assets	335 000	256 000	252 000	120 000
Total Equity	110 000	65 000	122 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	302 000	151 000	305 000	195 000
Expenditure	358 000	176 000	240 000	147 000
Operating Profit	44 000	−26 000	66 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	44 000	−26 000	66 000	49 000
Tax	0	0	13 000	11 000
Net Income	44 000	−26 000	54 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	74 000	91 000	67 000
Total Current Assets	305 000	183 000	161 000	53 000
Total Assets	335 000	256 000	252 000	120 000
Total Retained Equity	80 000	35 000	92 000	38 000
Total Equity	110 000	65 000	122 000	68 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	225 000	191 000	130 000	52 000
Total Equity and Debt	335 000	256 000	252 000	120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	302 000	151 000	305 000	195 000
Other Income	0	0	0	0
Revenue	302 000	151 000	305 000	195 000
Cost of Goods Sold	94 000	18 000	0	14 000
Salary Costs	0	0	2 000	0
Depreciation	0	0	0	0
Impairment	45 000	0	28 000	29 000
Expenditure	358 000	176 000	240 000	147 000
Operating Profit	44 000	−26 000	66 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	44 000	−26 000	54 000	38 000

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	24 000	34 000	49 000
Fixtures	0	21 000	30 000	18 000
Total Tangible Assets	0	45 000	65 000	67 000
Total Fiancial Fixed Assets	30 000	28 000	26 000	0
Total Fixed Assets	30 000	74 000	91 000	67 000
Stock	100 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	157 000	37 000	149 000	47 000
Total Current Assets	305 000	183 000	161 000	53 000
Total Assets	335 000	256 000	252 000	120 000
Total Equity	110 000	65 000	122 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	27 000	7 000	−19 000	2 000
Dividends	0	0	0	0
Other Current Debt	199 000	184 000	150 000	39 000
Total Current Debt	225 000	191 000	130 000	52 000
Total Equity and Debt	335 000	256 000	252 000	120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40 %	−40 %	44,26 %	55,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,57 %	−17,22 %	21,64 %	25,13 %
Current Ratio	1,36	0,96	1,24	1,02
Quick Ratio	2,44	0,96	1,24	1,02
Equity Ratio	0,33	0,25	0,48	0,57
Gross Profit Margin	68,87 %	88,08 %	100 %	92,82 %