ERLING EIKEMO innehaver Erling Paul Eikemo

6982 HOLMEDAL

Finances

Share Ownership

Return on Equity

43,61 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2005	2004	2002
Revenue	10 665 000	9 436 000	9 567 000
Net Income	478 000	326 000	552 000
Total Assets	3 017 000	2 974 000	2 253 000
Total Equity	1 096 000	1 108 000	1 111 000

Income (NOK)	2005	2004	2002
Revenue	10 665 000	9 436 000	9 567 000
Expenditure	10 331 000	9 089 000	8 965 000
Operating Profit	518 000	348 000	602 000
Financial Income	10 000	14 000	12 000
Financial Costs	50 000	35 000	62 000
Financial Balance	−40 000	−21 000	−50 000
Earnings Before Tax	478 000	326 000	552 000
Tax	0	0	0
Net Income	478 000	326 000	552 000

Balance (NOK)	2005	2004	2002
Total Fixed Assets	253 000	315 000	343 000
Total Current Assets	2 764 000	2 660 000	1 910 000
Total Assets	3 017 000	2 974 000	2 253 000
Total Retained Equity	1 096 000	1 108 000	552 000
Total Equity	1 096 000	1 108 000	1 111 000
Total Long-Term Debt	571 000	535 000	607 000
Total Current Debt	1 350 000	1 331 000	536 000
Total Equity and Debt	3 017 000	2 974 000	2 254 000

Cash flow (NOK)	2005	2004	2002
Sales Income	10 567 000	9 276 000	9 567 000
Other Income	98 000	160 000	0
Revenue	10 665 000	9 436 000	9 567 000
Cost of Goods Sold	9 458 000	8 347 000	8 248 000
Salary Costs	369 000	374 000	309 000
Depreciation	61 000	81 000	61 000
Impairment	0	0	0
Expenditure	10 331 000	9 089 000	8 965 000
Operating Profit	518 000	348 000	602 000
Financial Income	10 000	14 000	12 000
Financial Costs	50 000	35 000	62 000
Financial Balance	−40 000	−21 000	−50 000
Dividends	0	0	0
Net Income	478 000	326 000	552 000

Balance details (NOK)	2005	2004	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	195 000	213 000	248 000
Machinery and Plant Facilities	0	0	94 000
Fixtures	58 000	102 000	1 000
Total Tangible Assets	253 000	315 000	343 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	253 000	315 000	343 000
Stock	1 610 000	1 426 000	860 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	2 764 000	2 660 000	1 910 000
Total Assets	3 017 000	2 974 000	2 253 000
Total Equity	1 096 000	1 108 000	1 111 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	571 000	535 000	607 000
Creditors	1 246 000	1 388 000	−34 000
Unpaid Taxes	52 000	−124 000	111 000
Dividends	0	0	0
Other Current Debt	53 000	68 000	14 000
Total Current Debt	1 350 000	1 331 000	536 000
Total Equity and Debt	3 017 000	2 974 000	2 254 000

Financial indicators	2005	2004	2002
Return on Equity	43,61 %	29,42 %	49,68 %
Debt-to-Equity Ratio	0,52	0,48	0,55
Operating Profit Margin	4,86 %	3,69 %	6,29 %
Current Ratio	2,05	2	3,56
Quick Ratio	−10,63	−28	−5,9
Equity Ratio	0,36	0,37	0,49
Gross Profit Margin	11,32 %	11,54 %	13,79 %