MAXSHIP AS

6265 VATNE

Finances

Share Ownership

Return on Equity

131,53 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0

Key figures (NOK)	2019	2018	2017	2016
Revenue	65 251 000	33 367 000	30 504 000	15 436 000
Net Income	−1 873 000	1 358 000	499 000	1 747 000
Total Assets	10 861 000	8 226 000	7 084 000	644 000
Total Equity	−1 424 000	449 000	−519 000	−1 018 000

Income (NOK)	2019	2018	2017	2016
Revenue	65 251 000	33 367 000	30 504 000	15 436 000
Expenditure	66 938 000	31 298 000	29 951 000	13 667 000
Operating Profit	−1 687 000	2 069 000	553 000	1 769 000
Financial Income	2 000	0	3 000	0
Financial Costs	188 000	173 000	57 000	23 000
Financial Balance	−186 000	−173 000	−54 000	−23 000
Earnings Before Tax	−1 873 000	1 897 000	499 000	1 747 000
Tax	0	539 000	0	0
Net Income	−1 873 000	1 358 000	499 000	1 747 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	1 688 000	934 000	710 000	259 000
Total Current Assets	9 173 000	7 292 000	6 374 000	384 000
Total Assets	10 861 000	8 226 000	7 084 000	644 000
Total Retained Equity	−1 439 000	434 000	−534 000	−1 033 000
Total Equity	−1 424 000	449 000	−519 000	−1 018 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 284 000	7 777 000	7 603 000	1 662 000
Total Equity and Debt	10 861 000	8 226 000	7 084 000	644 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	65 251 000	33 310 000	30 504 000	15 436 000
Other Income	0	58 000	0	0
Revenue	65 251 000	33 367 000	30 504 000	15 436 000
Cost of Goods Sold	8 973 000	3 990 000	3 173 000	786 000
Salary Costs	44 480 000	20 875 000	22 148 000	10 183 000
Depreciation	80 000	67 000	24 000	0
Impairment	0	0	0	0
Expenditure	66 938 000	31 298 000	29 951 000	13 667 000
Operating Profit	−1 687 000	2 069 000	553 000	1 769 000
Financial Income	2 000	0	3 000	0
Financial Costs	188 000	173 000	57 000	23 000
Financial Balance	−186 000	−173 000	−54 000	−23 000
Dividends	0	390 000	0	0
Net Income	−1 873 000	1 358 000	499 000	1 747 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	240 000	242 000	244 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	154 000	150 000	0
Total Tangible Assets	316 000	396 000	393 000	0
Total Fiancial Fixed Assets	1 372 000	539 000	317 000	259 000
Total Fixed Assets	1 688 000	934 000	710 000	259 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 971 000	8 000	269 000	11 000
Total Current Assets	9 173 000	7 292 000	6 374 000	384 000
Total Assets	10 861 000	8 226 000	7 084 000	644 000
Total Equity	−1 424 000	449 000	−519 000	−1 018 000
Short-Term Group Debt	0	0	4 000	4 000
Total Long-Term Debt	0	0	0	0
Creditors	885 000	349 000	166 000	224 000
Unpaid Taxes	7 188 000	4 575 000	5 295 000	443 000
Dividends	0	390 000	0	0
Other Current Debt	4 211 000	1 924 000	2 137 000	991 000
Total Current Debt	12 284 000	7 777 000	7 603 000	1 662 000
Total Equity and Debt	10 861 000	8 226 000	7 084 000	644 000

Financial indicators	2019	2018	2017	2016
Return on Equity	131,53 %	302,45 %	−96,15 %	−171,61 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−2,59 %	6,2 %	1,81 %	11,46 %
Current Ratio	0,75	0,94	0,84	0,23
Quick Ratio	0,75	0,94	0,84	0,23
Equity Ratio	−0,13	0,05	−0,07	−1,58
Gross Profit Margin	86,25 %	88,04 %	89,6 %	94,91 %