SVEIN ROALSØ REGISTRERT REVISOR

4328 SANDNES

Finances

Share Ownership

Return on Equity

55,74 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2011	2010	2009	2008
Revenue	983 000	1 155 000	1 176 000	1 245 000
Net Income	301 000	423 000	484 000	530 000
Total Assets	935 000	878 000	879 000	672 000
Total Equity	540 000	455 000	428 000	290 000

Income (NOK)	2011	2010	2009	2008
Revenue	983 000	1 155 000	1 176 000	1 245 000
Expenditure	661 000	711 000	674 000	693 000
Operating Profit	322 000	445 000	502 000	552 000
Financial Income	0	0	0	0
Financial Costs	20 000	22 000	18 000	22 000
Financial Balance	−20 000	−22 000	−18 000	−22 000
Earnings Before Tax	302 000	423 000	484 000	530 000
Tax	0	0	0	0
Net Income	301 000	423 000	484 000	530 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	0	0	0	5 000
Total Current Assets	935 000	878 000	879 000	667 000
Total Assets	935 000	878 000	879 000	672 000
Total Retained Equity	540 000	455 000	428 000	290 000
Total Equity	540 000	455 000	428 000	290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	395 000	424 000	451 000	382 000
Total Equity and Debt	935 000	878 000	879 000	672 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	983 000	1 155 000	1 176 000	1 245 000
Other Income	0	0	0	0
Revenue	983 000	1 155 000	1 176 000	1 245 000
Cost of Goods Sold	0	0	0	0
Salary Costs	391 000	399 000	372 000	374 000
Depreciation	0	0	5 000	35 000
Impairment	0	0	0	0
Expenditure	661 000	711 000	674 000	693 000
Operating Profit	322 000	445 000	502 000	552 000
Financial Income	0	0	0	0
Financial Costs	20 000	22 000	18 000	22 000
Financial Balance	−20 000	−22 000	−18 000	−22 000
Dividends	0	0	0	0
Net Income	301 000	423 000	484 000	530 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	935 000	878 000	879 000	667 000
Total Assets	935 000	878 000	879 000	672 000
Total Equity	540 000	455 000	428 000	290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	10 000	18 000	18 000
Unpaid Taxes	145 000	192 000	188 000	285 000
Dividends	0	0	0	0
Other Current Debt	41 000	41 000	39 000	37 000
Total Current Debt	395 000	424 000	451 000	382 000
Total Equity and Debt	935 000	878 000	879 000	672 000

Financial indicators	2011	2010	2009	2008
Return on Equity	55,74 %	92,97 %	113,08 %	182,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,76 %	38,53 %	42,69 %	44,34 %
Current Ratio	2,37	2,07	1,95	1,75
Quick Ratio	2,37	2,07	1,95	1,75
Equity Ratio	0,58	0,52	0,49	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %