MIMAX AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

28,48 %

Current Ratio

−0,82

Debt-to-Equity Ratio

−5,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 672 000	2 719 000	2 329 000	2 175 000
Net Income	−178 000	−272 000	−242 000	−67 000
Total Assets	2 955 000	3 550 000	3 411 000	3 685 000
Total Equity	−625 000	−447 000	−174 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 672 000	2 719 000	2 329 000	2 175 000
Expenditure	2 734 000	2 931 000	2 482 000	2 091 000
Operating Profit	−62 000	−211 000	−154 000	83 000
Financial Income	1 000	1 000	0	0
Financial Costs	164 000	134 000	156 000	169 000
Financial Balance	−163 000	−133 000	−156 000	−169 000
Earnings Before Tax	−225 000	−344 000	−310 000	−85 000
Tax	−47 000	−72 000	−68 000	−19 000
Net Income	−178 000	−272 000	−242 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 268 000	3 264 000	2 897 000	2 809 000
Total Current Assets	−313 000	286 000	513 000	876 000
Total Assets	2 955 000	3 550 000	3 411 000	3 685 000
Total Retained Equity	−655 000	−477 000	−204 000	38 000
Total Equity	−625 000	−447 000	−174 000	68 000
Total Long-Term Debt	3 197 000	3 326 000	2 829 000	2 118 000
Total Current Debt	383 000	671 000	757 000	1 499 000
Total Equity and Debt	2 955 000	3 550 000	3 411 000	3 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 672 000	2 719 000	2 329 000	2 175 000
Other Income	0	0	0	0
Revenue	2 672 000	2 719 000	2 329 000	2 175 000
Cost of Goods Sold	887 000	1 225 000	971 000	562 000
Salary Costs	1 473 000	1 276 000	1 127 000	1 214 000
Depreciation	48 000	28 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	2 734 000	2 931 000	2 482 000	2 091 000
Operating Profit	−62 000	−211 000	−154 000	83 000
Financial Income	1 000	1 000	0	0
Financial Costs	164 000	134 000	156 000	169 000
Financial Balance	−163 000	−133 000	−156 000	−169 000
Dividends	0	0	0	0
Net Income	−178 000	−272 000	−242 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	225 000	179 000	106 000	39 000
Real Eastate	2 121 000	2 121 000	2 121 000	2 121 000
Machinery and Plant Facilities	0	212 000	12 000	0
Fixtures	164 000	0	0	33 000
Total Tangible Assets	2 285 000	2 333 000	2 133 000	2 154 000
Total Fiancial Fixed Assets	757 000	752 000	658 000	616 000
Total Fixed Assets	3 268 000	3 264 000	2 897 000	2 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−329 000	47 000	37 000	38 000
Total Current Assets	−313 000	286 000	513 000	876 000
Total Assets	2 955 000	3 550 000	3 411 000	3 685 000
Total Equity	−625 000	−447 000	−174 000	68 000
Short-Term Group Debt	0	0	40 000	40 000
Total Long-Term Debt	3 197 000	3 326 000	2 829 000	2 118 000
Creditors	83 000	34 000	140 000	0
Unpaid Taxes	185 000	142 000	138 000	65 000
Dividends	0	0	0	0
Other Current Debt	114 000	108 000	92 000	1 031 000
Total Current Debt	383 000	671 000	757 000	1 499 000
Total Equity and Debt	2 955 000	3 550 000	3 411 000	3 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,48 %	60,85 %	139,08 %	−98,53 %
Debt-to-Equity Ratio	−5,12	−7,44	−16,26	31,15
Operating Profit Margin	−2,32 %	−7,76 %	−6,61 %	3,82 %
Current Ratio	−0,82	0,43	0,68	0,58
Quick Ratio	−0,82	0,43	0,68	0,58
Equity Ratio	−0,21	−0,13	−0,05	0,02
Gross Profit Margin	66,8 %	54,95 %	58,31 %	74,16 %