MAXAM TUNING AS

1724 SARPSBORG

Finances

Share Ownership

Return on Equity

15,69 %

Current Ratio

9,28

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 206 000	2 090 000	2 443 000	1 549 000
Net Income	368 000	438 000	284 000	303 000
Total Assets	3 485 000	3 069 000	2 713 000	2 465 000
Total Equity	2 345 000	1 976 000	1 539 000	1 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 206 000	2 090 000	2 443 000	1 549 000
Expenditure	1 700 000	1 543 000	2 050 000	1 141 000
Operating Profit	507 000	546 000	393 000	408 000
Financial Income	−1 000	57 000	21 000	47 000
Financial Costs	15 000	11 000	9 000	61 000
Financial Balance	−16 000	46 000	12 000	−14 000
Earnings Before Tax	491 000	593 000	405 000	395 000
Tax	123 000	155 000	121 000	92 000
Net Income	368 000	438 000	284 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	202 000	290 000	338 000
Total Current Assets	3 331 000	2 867 000	2 423 000	2 127 000
Total Assets	3 485 000	3 069 000	2 713 000	2 465 000
Total Retained Equity	2 245 000	1 876 000	1 439 000	1 155 000
Total Equity	2 345 000	1 976 000	1 539 000	1 255 000
Total Long-Term Debt	781 000	802 000	795 000	952 000
Total Current Debt	359 000	291 000	379 000	259 000
Total Equity and Debt	3 485 000	3 069 000	2 713 000	2 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 148 000	2 027 000	2 418 000	1 542 000
Other Income	58 000	63 000	25 000	6 000
Revenue	2 206 000	2 090 000	2 443 000	1 549 000
Cost of Goods Sold	1 243 000	1 050 000	1 573 000	752 000
Salary Costs	38 000	36 000	27 000	19 000
Depreciation	100 000	100 000	94 000	71 000
Impairment	0	0	0	0
Expenditure	1 700 000	1 543 000	2 050 000	1 141 000
Operating Profit	507 000	546 000	393 000	408 000
Financial Income	−1 000	57 000	21 000	47 000
Financial Costs	15 000	11 000	9 000	61 000
Financial Balance	−16 000	46 000	12 000	−14 000
Dividends	0	0	0	0
Net Income	368 000	438 000	284 000	303 000

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	154 000	202 000	290 000	338 000
Total Tangible Assets	154 000	202 000	290 000	338 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	154 000	202 000	290 000	338 000
Stock	2 514 000	2 133 000	1 758 000	1 612 000
Total Investments	0	0	0	0
Cash, Bank	173 000	207 000	316 000	174 000
Total Current Assets	3 331 000	2 867 000	2 423 000	2 127 000
Total Assets	3 485 000	3 069 000	2 713 000	2 465 000
Total Equity	2 345 000	1 976 000	1 539 000	1 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	781 000	802 000	795 000	952 000
Creditors	126 000	28 000	117 000	15 000
Unpaid Taxes	54 000	53 000	81 000	97 000
Dividends	0	0	0	0
Other Current Debt	56 000	56 000	60 000	55 000
Total Current Debt	359 000	291 000	379 000	259 000
Total Equity and Debt	3 485 000	3 069 000	2 713 000	2 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,69 %	22,17 %	18,45 %	24,14 %
Debt-to-Equity Ratio	0,33	0,41	0,52	0,76
Operating Profit Margin	22,98 %	26,12 %	16,09 %	26,34 %
Current Ratio	9,28	9,85	6,39	8,21
Quick Ratio	−1,55	−1,56	−1,76	−1,57
Equity Ratio	0,67	0,64	0,57	0,51
Gross Profit Margin	43,65 %	49,76 %	35,61 %	51,45 %