GRIDSVÅG REGNSKAPSSERVICE

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

−83,5 %

Current Ratio

N/A

Debt-to-Equity Ratio

−0

Key figures (NOK)	2011	2010	2009	2008
Revenue	169 000	791 000	717 000	692 000
Net Income	167 000	592 000	543 000	529 000
Total Assets	−200 000	64 000	30 000	0
Total Equity	−200 000	−84 000	−35 000	−105 000

Income (NOK)	2011	2010	2009	2008
Revenue	169 000	791 000	717 000	692 000
Expenditure	−1 000	197 000	175 000	155 000
Operating Profit	171 000	593 000	543 000	536 000
Financial Income	0	−2 000	0	0
Financial Costs	4 000	0	0	8 000
Financial Balance	−4 000	−2 000	0	−8 000
Earnings Before Tax	167 000	592 000	543 000	529 000
Tax	0	0	0	0
Net Income	167 000	592 000	543 000	529 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	−200 000	0	0	0
Total Current Assets	0	64 000	30 000	0
Total Assets	−200 000	64 000	30 000	0
Total Retained Equity	−200 000	−138 000	−35 000	−105 000
Total Equity	−200 000	−84 000	−35 000	−105 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	148 000	65 000	106 000
Total Equity and Debt	−200 000	64 000	30 000	0

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	169 000	791 000	717 000	692 000
Other Income	0	0	0	0
Revenue	169 000	791 000	717 000	692 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−1 000	197 000	175 000	155 000
Operating Profit	171 000	593 000	543 000	536 000
Financial Income	0	−2 000	0	0
Financial Costs	4 000	0	0	8 000
Financial Balance	−4 000	−2 000	0	−8 000
Dividends	0	0	0	0
Net Income	167 000	592 000	543 000	529 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	−176 000	0	0	0
Total Intangible Assets	−176 000	0	0	0
Real Eastate	−24 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	−24 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−200 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	64 000	30 000	0
Total Assets	−200 000	64 000	30 000	0
Total Equity	−200 000	−84 000	−35 000	−105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−8 000	16 000	23 000
Unpaid Taxes	0	10 000	12 000	14 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	148 000	65 000	106 000
Total Equity and Debt	−200 000	64 000	30 000	0

Financial indicators	2011	2010	2009	2008
Return on Equity	−83,5 %	−704,76 %	−1 551,43 %	−503,81 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	101,18 %	74,97 %	75,73 %	77,46 %
Current Ratio	-	0,43	0,46	0
Quick Ratio	-	0,43	0,46	0
Equity Ratio	1	−1,31	−1,17	-
Gross Profit Margin	100 %	100 %	100 %	100 %