MAXSAT AS

3580 GEILO

Finances

Return on Equity

24,36 %

Current Ratio

6,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 873 000	1 784 000	965 000	677 000
Net Income	574 000	565 000	182 000	150 000
Total Assets	2 754 000	3 026 000	2 356 000	2 136 000
Total Equity	2 356 000	2 782 000	2 217 000	2 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 873 000	1 784 000	965 000	677 000
Expenditure	1 165 000	1 091 000	745 000	505 000
Operating Profit	708 000	693 000	220 000	172 000
Financial Income	25 000	28 000	14 000	14 000
Financial Costs	0	0	2 000	0
Financial Balance	25 000	28 000	12 000	14 000
Earnings Before Tax	732 000	721 000	231 000	186 000
Tax	158 000	156 000	49 000	36 000
Net Income	574 000	565 000	182 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 000	445 000	64 000	83 000
Total Current Assets	2 414 000	2 581 000	2 293 000	2 053 000
Total Assets	2 754 000	3 026 000	2 356 000	2 136 000
Total Retained Equity	1 956 000	2 382 000	1 817 000	1 635 000
Total Equity	2 356 000	2 782 000	2 217 000	2 035 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	398 000	244 000	139 000	101 000
Total Equity and Debt	2 754 000	3 026 000	2 356 000	2 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 873 000	1 784 000	965 000	677 000
Other Income	0	0	0	0
Revenue	1 873 000	1 784 000	965 000	677 000
Cost of Goods Sold	45 000	53 000	36 000	41 000
Salary Costs	606 000	447 000	300 000	122 000
Depreciation	105 000	137 000	19 000	25 000
Impairment	0	0	0	0
Expenditure	1 165 000	1 091 000	745 000	505 000
Operating Profit	708 000	693 000	220 000	172 000
Financial Income	25 000	28 000	14 000	14 000
Financial Costs	0	0	2 000	0
Financial Balance	25 000	28 000	12 000	14 000
Dividends	1 000 000	0	0	0
Net Income	574 000	565 000	182 000	150 000

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	340 000	445 000	64 000	83 000
Total Tangible Assets	340 000	445 000	64 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	340 000	445 000	64 000	83 000
Stock	65 000	65 000	77 000	94 000
Total Investments	0	0	0	0
Cash, Bank	1 402 000	1 693 000	2 034 000	1 779 000
Total Current Assets	2 414 000	2 581 000	2 293 000	2 053 000
Total Assets	2 754 000	3 026 000	2 356 000	2 136 000
Total Equity	2 356 000	2 782 000	2 217 000	2 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	13 000	10 000	0
Unpaid Taxes	163 000	28 000	49 000	56 000
Dividends	1 000 000	0	0	0
Other Current Debt	64 000	47 000	30 000	8 000
Total Current Debt	398 000	244 000	139 000	101 000
Total Equity and Debt	2 754 000	3 026 000	2 356 000	2 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,36 %	20,31 %	8,21 %	7,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,8 %	38,85 %	22,8 %	25,41 %
Current Ratio	6,07	10,58	16,5	20,33
Quick Ratio	7,25	14,42	36,98	293,29
Equity Ratio	0,86	0,92	0,94	0,95
Gross Profit Margin	97,6 %	97,03 %	96,27 %	93,94 %