MAX-RØR AS

3055 KROKSTADELVA

Finances

Share Ownership

Return on Equity

157,34 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 673 000	9 349 000	10 839 000	6 888 000
Net Income	5 389 000	362 000	1 056 000	224 000
Total Assets	13 305 000	7 201 000	7 298 000	2 498 000
Total Equity	3 425 000	36 000	874 000	318 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 673 000	9 349 000	10 839 000	6 888 000
Expenditure	10 667 000	8 466 000	9 337 000	6 631 000
Operating Profit	7 005 000	882 000	1 502 000	257 000
Financial Income	0	0	1 000	23 000
Financial Costs	158 000	135 000	137 000	−7 000
Financial Balance	−158 000	−135 000	−136 000	30 000
Earnings Before Tax	6 848 000	748 000	1 365 000	287 000
Tax	1 459 000	386 000	309 000	63 000
Net Income	5 389 000	362 000	1 056 000	224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 556 000	5 309 000	4 951 000	15 000
Total Current Assets	7 749 000	1 892 000	2 348 000	2 483 000
Total Assets	13 305 000	7 201 000	7 298 000	2 498 000
Total Retained Equity	3 395 000	6 000	844 000	288 000
Total Equity	3 425 000	36 000	874 000	318 000
Total Long-Term Debt	2 839 000	2 943 000	3 335 000	0
Total Current Debt	7 041 000	4 221 000	3 089 000	2 180 000
Total Equity and Debt	13 305 000	7 201 000	7 298 000	2 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 673 000	9 344 000	10 839 000	6 888 000
Other Income	0	4 000	0	0
Revenue	17 673 000	9 349 000	10 839 000	6 888 000
Cost of Goods Sold	5 536 000	2 648 000	4 354 000	2 264 000
Salary Costs	4 095 000	3 779 000	3 895 000	3 355 000
Depreciation	81 000	75 000	21 000	0
Impairment	0	0	0	0
Expenditure	10 667 000	8 466 000	9 337 000	6 631 000
Operating Profit	7 005 000	882 000	1 502 000	257 000
Financial Income	0	0	1 000	23 000
Financial Costs	158 000	135 000	137 000	−7 000
Financial Balance	−158 000	−135 000	−136 000	30 000
Dividends	2 000 000	1 200 000	500 000	150 000
Net Income	5 389 000	362 000	1 056 000	224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	5 259 000	5 058 000	4 858 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	287 000	241 000	83 000	0
Total Tangible Assets	5 546 000	5 299 000	4 941 000	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	13 000
Total Fixed Assets	5 556 000	5 309 000	4 951 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 125 000	1 135 000	269 000	1 059 000
Total Current Assets	7 749 000	1 892 000	2 348 000	2 483 000
Total Assets	13 305 000	7 201 000	7 298 000	2 498 000
Total Equity	3 425 000	36 000	874 000	318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 839 000	2 943 000	3 335 000	0
Creditors	654 000	271 000	473 000	494 000
Unpaid Taxes	1 639 000	378 000	853 000	592 000
Dividends	2 000 000	1 200 000	500 000	150 000
Other Current Debt	1 289 000	1 705 000	1 237 000	884 000
Total Current Debt	7 041 000	4 221 000	3 089 000	2 180 000
Total Equity and Debt	13 305 000	7 201 000	7 298 000	2 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,34 %	1 005,56 %	120,82 %	70,44 %
Debt-to-Equity Ratio	0,83	81,75	3,82	0
Operating Profit Margin	39,64 %	9,43 %	13,86 %	3,73 %
Current Ratio	1,1	0,45	0,76	1,14
Quick Ratio	1,1	0,45	0,76	1,14
Equity Ratio	0,26	0	0,12	0,13
Gross Profit Margin	68,68 %	71,68 %	59,83 %	67,13 %