OLE IVARS DA

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

−29,91 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2016	2015	2014
Revenue	4 025 000	4 492 000	368 000
Net Income	−242 000	6 000	107 000
Total Assets	888 000	1 199 000	297 000
Total Equity	809 000	1 052 000	107 000

Income (NOK)	2016	2015	2014
Revenue	4 025 000	4 492 000	368 000
Expenditure	4 266 000	4 484 000	261 000
Operating Profit	−241 000	7 000	107 000
Financial Income	0	0	0
Financial Costs	2 000	2 000	0
Financial Balance	−2 000	−2 000	0
Earnings Before Tax	−242 000	6 000	107 000
Tax	0	0	0
Net Income	−242 000	6 000	107 000

Balance (NOK)	2016	2015	2014
Total Fixed Assets	686 000	874 000	0
Total Current Assets	203 000	325 000	297 000
Total Assets	888 000	1 199 000	297 000
Total Retained Equity	809 000	1 052 000	107 000
Total Equity	809 000	1 052 000	107 000
Total Long-Term Debt	0	0	0
Total Current Debt	79 000	147 000	190 000
Total Equity and Debt	888 000	1 199 000	297 000

Cash flow (NOK)	2016	2015	2014
Sales Income	4 025 000	4 488 000	368 000
Other Income	0	4 000	0
Revenue	4 025 000	4 492 000	368 000
Cost of Goods Sold	736 000	923 000	37 000
Salary Costs	1 962 000	2 024 000	181 000
Depreciation	189 000	69 000	0
Impairment	0	0	0
Expenditure	4 266 000	4 484 000	261 000
Operating Profit	−241 000	7 000	107 000
Financial Income	0	0	0
Financial Costs	2 000	2 000	0
Financial Balance	−2 000	−2 000	0
Dividends	0	0	0
Net Income	−242 000	6 000	107 000

Balance details (NOK)	2016	2015	2014
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	686 000	874 000	0
Total Tangible Assets	686 000	874 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	686 000	874 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	80 000	129 000	297 000
Total Current Assets	203 000	325 000	297 000
Total Assets	888 000	1 199 000	297 000
Total Equity	809 000	1 052 000	107 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	7 000	72 000	0
Unpaid Taxes	19 000	17 000	8 000
Dividends	0	0	0
Other Current Debt	53 000	58 000	182 000
Total Current Debt	79 000	147 000	190 000
Total Equity and Debt	888 000	1 199 000	297 000

Financial indicators	2016	2015	2014
Return on Equity	−29,91 %	0,57 %	100 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−5,99 %	0,16 %	29,08 %
Current Ratio	2,57	2,21	1,56
Quick Ratio	2,57	2,21	1,56
Equity Ratio	0,91	0,88	0,36
Gross Profit Margin	81,71 %	79,45 %	89,95 %