MAXXOL NORGE AS

3113 TØNSBERG

Finances

Share Ownership

Return on Equity

−8,19 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 258 000	25 192 000	25 360 000	20 631 000
Net Income	−248 000	878 000	1 642 000	1 124 000
Total Assets	11 626 000	8 259 000	7 325 000	5 741 000
Total Equity	3 029 000	3 277 000	2 398 000	2 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 258 000	25 192 000	25 360 000	20 631 000
Expenditure	33 618 000	24 228 000	23 204 000	19 163 000
Operating Profit	−359 000	964 000	2 156 000	1 467 000
Financial Income	203 000	216 000	74 000	21 000
Financial Costs	158 000	55 000	125 000	47 000
Financial Balance	45 000	161 000	−51 000	−26 000
Earnings Before Tax	−315 000	1 126 000	2 105 000	1 441 000
Tax	−67 000	248 000	463 000	317 000
Net Income	−248 000	878 000	1 642 000	1 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 066 000	749 000	378 000	550 000
Total Current Assets	10 560 000	7 510 000	6 947 000	5 191 000
Total Assets	11 626 000	8 259 000	7 325 000	5 741 000
Total Retained Equity	2 929 000	3 177 000	2 298 000	2 156 000
Total Equity	3 029 000	3 277 000	2 398 000	2 256 000
Total Long-Term Debt	397 000	500 000	0	0
Total Current Debt	8 200 000	4 483 000	4 926 000	3 484 000
Total Equity and Debt	11 626 000	8 259 000	7 325 000	5 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 258 000	25 192 000	25 358 000	20 625 000
Other Income	0	0	2 000	6 000
Revenue	33 258 000	25 192 000	25 360 000	20 631 000
Cost of Goods Sold	19 056 000	12 188 000	11 775 000	9 486 000
Salary Costs	9 402 000	8 497 000	7 919 000	6 838 000
Depreciation	269 000	159 000	186 000	149 000
Impairment	0	0	0	0
Expenditure	33 618 000	24 228 000	23 204 000	19 163 000
Operating Profit	−359 000	964 000	2 156 000	1 467 000
Financial Income	203 000	216 000	74 000	21 000
Financial Costs	158 000	55 000	125 000	47 000
Financial Balance	45 000	161 000	−51 000	−26 000
Dividends	0	0	1 500 000	750 000
Net Income	−248 000	878 000	1 642 000	1 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	18 000	34 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	6 000	20 000
Fixtures	981 000	731 000	339 000	510 000
Total Tangible Assets	981 000	731 000	344 000	530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 066 000	749 000	378 000	550 000
Stock	6 793 000	3 714 000	3 309 000	2 291 000
Total Investments	0	0	0	0
Cash, Bank	1 373 000	1 320 000	2 554 000	1 561 000
Total Current Assets	10 560 000	7 510 000	6 947 000	5 191 000
Total Assets	11 626 000	8 259 000	7 325 000	5 741 000
Total Equity	3 029 000	3 277 000	2 398 000	2 256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	397 000	500 000	0	0
Creditors	3 757 000	991 000	1 106 000	630 000
Unpaid Taxes	1 942 000	1 490 000	1 151 000	1 047 000
Dividends	0	0	1 500 000	750 000
Other Current Debt	2 004 000	1 565 000	692 000	642 000
Total Current Debt	8 200 000	4 483 000	4 926 000	3 484 000
Total Equity and Debt	11 626 000	8 259 000	7 325 000	5 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,19 %	26,79 %	68,47 %	49,82 %
Debt-to-Equity Ratio	0,13	0,15	0	0
Operating Profit Margin	−1,08 %	3,83 %	8,5 %	7,11 %
Current Ratio	1,29	1,68	1,41	1,49
Quick Ratio	7,51	9,77	4,3	4,35
Equity Ratio	0,26	0,4	0,33	0,39
Gross Profit Margin	42,7 %	51,62 %	53,57 %	54,02 %