FRITZNERBUA Ruth Skeie

1707 SARPSBORG

Finances

Share Ownership

Return on Equity

−700 %

Current Ratio

5,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2004	2003	2002
Revenue	683 000	996 000	1 247 000
Net Income	42 000	158 000	160 000
Total Assets	3 000	155 000	207 000
Total Equity	−6 000	104 000	127 000

Income (NOK)	2004	2003	2002
Revenue	683 000	996 000	1 247 000
Expenditure	641 000	840 000	1 089 000
Operating Profit	42 000	156 000	158 000
Financial Income	0	2 000	2 000
Financial Costs	0	0	0
Financial Balance	0	2 000	2 000
Earnings Before Tax	42 000	158 000	160 000
Tax	0	0	0
Net Income	42 000	158 000	160 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	−48 000	18 000	56 000
Total Current Assets	51 000	137 000	151 000
Total Assets	3 000	155 000	207 000
Total Retained Equity	−6 000	0	127 000
Total Equity	−6 000	104 000	127 000
Total Long-Term Debt	0	0	0
Total Current Debt	9 000	51 000	79 000
Total Equity and Debt	3 000	155 000	206 000

Cash flow (NOK)	2004	2003	2002
Sales Income	505 000	750 000	1 247 000
Other Income	178 000	246 000	0
Revenue	683 000	996 000	1 247 000
Cost of Goods Sold	409 000	609 000	796 000
Salary Costs	45 000	87 000	129 000
Depreciation	0	3 000	70 000
Impairment	0	0	0
Expenditure	641 000	840 000	1 089 000
Operating Profit	42 000	156 000	158 000
Financial Income	0	2 000	2 000
Financial Costs	0	0	0
Financial Balance	0	2 000	2 000
Dividends	0	0	0
Net Income	42 000	158 000	160 000

Balance details (NOK)	2004	2003	2002
Goodwill	−60 000	0	0
Total Intangible Assets	−60 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	12 000	18 000	56 000
Total Tangible Assets	12 000	18 000	56 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	−48 000	18 000	56 000
Stock	24 000	44 000	6 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	51 000	137 000	151 000
Total Assets	3 000	155 000	207 000
Total Equity	−6 000	104 000	127 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	37 000	54 000
Unpaid Taxes	1 000	7 000	14 000
Dividends	0	0	0
Other Current Debt	4 000	7 000	1 000
Total Current Debt	9 000	51 000	79 000
Total Equity and Debt	3 000	155 000	206 000

Financial indicators	2004	2003	2002
Return on Equity	−700 %	151,92 %	125,98 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	6,15 %	15,66 %	12,67 %
Current Ratio	5,67	2,69	1,91
Quick Ratio	−3,4	19,57	2,07
Equity Ratio	−2	0,67	0,61
Gross Profit Margin	40,12 %	38,86 %	36,17 %