MIMAX ASFALT & BETONG AS

3414 LIERSTRANDA

Finances

Return on Equity

20,71 %

Current Ratio

0,87

Debt-to-Equity Ratio

4,66

Key figures (NOK)	2020	2019	2018	2017
Revenue	90 530 000	84 321 000	68 638 000	62 844 000
Net Income	456 000	1 340 000	1 327 000	−461 000
Total Assets	31 350 000	31 400 000	27 519 000	28 889 000
Total Equity	2 202 000	1 916 000	585 000	−579 000

Income (NOK)	2020	2019	2018	2017
Revenue	90 530 000	84 321 000	68 638 000	62 844 000
Expenditure	89 322 000	81 921 000	66 205 000	62 614 000
Operating Profit	1 208 000	2 400 000	2 433 000	230 000
Financial Income	1 000	0	0	2 000
Financial Costs	684 000	655 000	650 000	688 000
Financial Balance	−683 000	−655 000	−650 000	−686 000
Earnings Before Tax	525 000	1 745 000	1 783 000	−456 000
Tax	69 000	405 000	456 000	5 000
Net Income	456 000	1 340 000	1 327 000	−461 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	14 875 000	15 060 000	13 873 000	15 453 000
Total Current Assets	16 475 000	16 340 000	13 646 000	13 436 000
Total Assets	31 350 000	31 400 000	27 519 000	28 889 000
Total Retained Equity	1 666 000	1 570 000	239 000	−925 000
Total Equity	2 202 000	1 916 000	585 000	−579 000
Total Long-Term Debt	10 272 000	11 195 000	11 671 000	13 370 000
Total Current Debt	18 875 000	18 288 000	15 262 000	16 096 000
Total Equity and Debt	31 349 000	31 399 000	27 518 000	28 887 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	90 462 000	84 301 000	68 597 000	62 180 000
Other Income	68 000	20 000	41 000	664 000
Revenue	90 530 000	84 321 000	68 638 000	62 844 000
Cost of Goods Sold	12 360 000	16 157 000	14 604 000	12 344 000
Salary Costs	54 613 000	48 136 000	37 728 000	36 004 000
Depreciation	4 143 000	3 333 000	3 157 000	3 277 000
Impairment	0	0	0	0
Expenditure	89 322 000	81 921 000	66 205 000	62 614 000
Operating Profit	1 208 000	2 400 000	2 433 000	230 000
Financial Income	1 000	0	0	2 000
Financial Costs	684 000	655 000	650 000	688 000
Financial Balance	−683 000	−655 000	−650 000	−686 000
Dividends	0	0	0	0
Net Income	456 000	1 340 000	1 327 000	−461 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	648 000	958 000	1 166 000	1 642 000
Real Eastate	6 450 000	6 618 000	6 784 000	6 959 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 761 000	7 468 000	5 815 000	6 784 000
Total Tangible Assets	14 211 000	14 086 000	12 599 000	13 743 000
Total Fiancial Fixed Assets	16 000	16 000	108 000	68 000
Total Fixed Assets	14 875 000	15 060 000	13 873 000	15 453 000
Stock	1 503 000	1 247 000	950 000	1 239 000
Total Investments	0	0	0	0
Cash, Bank	1 724 000	937 000	1 497 000	726 000
Total Current Assets	16 475 000	16 340 000	13 646 000	13 436 000
Total Assets	31 350 000	31 400 000	27 519 000	28 889 000
Total Equity	2 202 000	1 916 000	585 000	−579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 272 000	11 195 000	11 671 000	13 370 000
Creditors	4 287 000	4 358 000	3 359 000	3 546 000
Unpaid Taxes	5 074 000	6 547 000	5 141 000	4 706 000
Dividends	0	0	0	0
Other Current Debt	6 621 000	3 995 000	3 105 000	2 932 000
Total Current Debt	18 875 000	18 288 000	15 262 000	16 096 000
Total Equity and Debt	31 349 000	31 399 000	27 518 000	28 887 000

Financial indicators	2020	2019	2018	2017
Return on Equity	20,71 %	69,94 %	226,84 %	79,62 %
Debt-to-Equity Ratio	4,66	5,84	19,95	−23,09
Operating Profit Margin	1,33 %	2,85 %	3,54 %	0,37 %
Current Ratio	0,87	0,89	0,89	0,83
Quick Ratio	0,95	0,96	0,95	0,9
Equity Ratio	0,07	0,06	0,02	−0,02
Gross Profit Margin	86,35 %	80,84 %	78,72 %	80,36 %