WANDEM & CO

0755 OSLO

Finances

Share Ownership

Return on Equity

−52,52 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2009	2008	2005
Revenue	4 368 000	4 049 000	4 885 000
Net Income	−125 000	−178 000	1 724 000
Total Assets	404 000	712 000	1 758 000
Total Equity	238 000	363 000	855 000

Income (NOK)	2009	2008	2005
Revenue	4 368 000	4 049 000	4 885 000
Expenditure	4 495 000	4 239 000	3 157 000
Operating Profit	−126 000	−189 000	1 727 000
Financial Income	1 000	11 000	1 000
Financial Costs	0	0	4 000
Financial Balance	1 000	11 000	−3 000
Earnings Before Tax	−125 000	−178 000	1 724 000
Tax	0	0	0
Net Income	−125 000	−178 000	1 724 000

Balance (NOK)	2009	2008	2005
Total Fixed Assets	40 000	307 000	1 377 000
Total Current Assets	364 000	405 000	381 000
Total Assets	404 000	712 000	1 758 000
Total Retained Equity	−511 000	−373 000	855 000
Total Equity	238 000	363 000	855 000
Total Long-Term Debt	0	0	715 000
Total Current Debt	166 000	349 000	189 000
Total Equity and Debt	404 000	712 000	1 758 000

Cash flow (NOK)	2009	2008	2005
Sales Income	776 000	654 000	1 444 000
Other Income	3 592 000	3 395 000	3 440 000
Revenue	4 368 000	4 049 000	4 885 000
Cost of Goods Sold	402 000	265 000	852 000
Salary Costs	2 594 000	2 376 000	895 000
Depreciation	283 000	268 000	348 000
Impairment	0	0	0
Expenditure	4 495 000	4 239 000	3 157 000
Operating Profit	−126 000	−189 000	1 727 000
Financial Income	1 000	11 000	1 000
Financial Costs	0	0	4 000
Financial Balance	1 000	11 000	−3 000
Dividends	0	0	0
Net Income	−125 000	−178 000	1 724 000

Balance details (NOK)	2009	2008	2005
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	361 000
Fixtures	40 000	307 000	1 016 000
Total Tangible Assets	40 000	307 000	1 377 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	40 000	307 000	1 377 000
Stock	59 000	79 000	67 000
Total Investments	0	0	0
Cash, Bank	214 000	175 000	0
Total Current Assets	364 000	405 000	381 000
Total Assets	404 000	712 000	1 758 000
Total Equity	238 000	363 000	855 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	715 000
Creditors	0	0	0
Unpaid Taxes	37 000	58 000	−193 000
Dividends	0	0	0
Other Current Debt	129 000	291 000	382 000
Total Current Debt	166 000	349 000	189 000
Total Equity and Debt	404 000	712 000	1 758 000

Financial indicators	2009	2008	2005
Return on Equity	−52,52 %	−49,04 %	201,64 %
Debt-to-Equity Ratio	0	0	0,84
Operating Profit Margin	−2,88 %	−4,67 %	35,35 %
Current Ratio	2,19	1,16	2,02
Quick Ratio	3,4	1,5	3,12
Equity Ratio	0,59	0,51	0,49
Gross Profit Margin	90,8 %	93,46 %	82,56 %