MICRO REGNSKAP OG DATA Paul Morten Oredalen

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

−1 576,19 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2003	2002	2001
Revenue	537 000	729 000	727 000
Net Income	331 000	260 000	138 000
Total Assets	4 000	1 000	109 000
Total Equity	−21 000	−38 000	−149 000

Income (NOK)	2003	2002	2001
Revenue	537 000	729 000	727 000
Expenditure	205 000	463 000	591 000
Operating Profit	332 000	266 000	136 000
Financial Income	0	0	0
Financial Costs	2 000	6 000	3 000
Financial Balance	−2 000	−6 000	−3 000
Earnings Before Tax	331 000	260 000	133 000
Tax	0	0	0
Net Income	331 000	260 000	138 000

Balance (NOK)	2003	2002	2001
Total Fixed Assets	0	0	14 000
Total Current Assets	4 000	1 000	95 000
Total Assets	4 000	1 000	109 000
Total Retained Equity	−21 000	−38 000	−149 000
Total Equity	−21 000	−38 000	−149 000
Total Long-Term Debt	0	0	0
Total Current Debt	25 000	39 000	257 000
Total Equity and Debt	4 000	1 000	108 000

Cash flow (NOK)	2003	2002	2001
Sales Income	537 000	729 000	727 000
Other Income	0	0	0
Revenue	537 000	729 000	727 000
Cost of Goods Sold	0	0	0
Salary Costs	7 000	142 000	375 000
Depreciation	0	14 000	5 000
Impairment	0	0	0
Expenditure	205 000	463 000	591 000
Operating Profit	332 000	266 000	136 000
Financial Income	0	0	0
Financial Costs	2 000	6 000	3 000
Financial Balance	−2 000	−6 000	−3 000
Dividends	0	0	0
Net Income	331 000	260 000	138 000

Balance details (NOK)	2003	2002	2001
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	14 000
Total Tangible Assets	0	0	14 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	14 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	4 000	1 000	95 000
Total Assets	4 000	1 000	109 000
Total Equity	−21 000	−38 000	−149 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	19 000	26 000	123 000
Unpaid Taxes	6 000	0	98 000
Dividends	0	0	0
Other Current Debt	0	13 000	36 000
Total Current Debt	25 000	39 000	257 000
Total Equity and Debt	4 000	1 000	108 000

Financial indicators	2003	2002	2001
Return on Equity	−1 576,19 %	−684,21 %	−92,62 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	61,82 %	36,49 %	18,71 %
Current Ratio	0,16	0,03	0,37
Quick Ratio	0,16	0,03	0,37
Equity Ratio	−5,25	−38	−1,37
Gross Profit Margin	100 %	100 %	100 %