MARTIN JENSEN Innehaver Thor Marthon Haagensen

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

53,64 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2009	2008	2007	2006
Revenue	2 100 000	1 851 000	2 166 000	2 131 000
Net Income	199 000	154 000	260 000	407 000
Total Assets	490 000	493 000	852 000	503 000
Total Equity	371 000	371 000	753 000	347 000

Income (NOK)	2009	2008	2007	2006
Revenue	2 100 000	1 851 000	2 166 000	2 131 000
Expenditure	1 900 000	1 696 000	1 906 000	1 770 000
Operating Profit	200 000	155 000	260 000	361 000
Financial Income	0	0	0	47 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	46 000
Earnings Before Tax	199 000	154 000	260 000	407 000
Tax	0	0	0	0
Net Income	199 000	154 000	260 000	407 000

Balance (NOK)	2009	2008	2007	2006
Total Fixed Assets	322 000	364 000	754 000	269 000
Total Current Assets	168 000	129 000	99 000	234 000
Total Assets	490 000	493 000	852 000	503 000
Total Retained Equity	371 000	371 000	753 000	347 000
Total Equity	371 000	371 000	753 000	347 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	119 000	122 000	99 000	157 000
Total Equity and Debt	490 000	493 000	852 000	503 000

Cash flow (NOK)	2009	2008	2007	2006
Sales Income	1 441 000	1 163 000	1 275 000	1 199 000
Other Income	659 000	688 000	891 000	931 000
Revenue	2 100 000	1 851 000	2 166 000	2 131 000
Cost of Goods Sold	1 217 000	949 000	1 079 000	997 000
Salary Costs	341 000	329 000	408 000	444 000
Depreciation	86 000	91 000	125 000	67 000
Impairment	0	0	0	0
Expenditure	1 900 000	1 696 000	1 906 000	1 770 000
Operating Profit	200 000	155 000	260 000	361 000
Financial Income	0	0	0	47 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	46 000
Dividends	0	0	0	0
Net Income	199 000	154 000	260 000	407 000

Balance details (NOK)	2009	2008	2007	2006
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	353 000	740 000	252 000
Fixtures	322 000	11 000	14 000	17 000
Total Tangible Assets	322 000	364 000	754 000	269 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	322 000	364 000	754 000	269 000
Stock	89 000	95 000	60 000	93 000
Total Investments	0	0	0	0
Cash, Bank	50 000	24 000	0	0
Total Current Assets	168 000	129 000	99 000	234 000
Total Assets	490 000	493 000	852 000	503 000
Total Equity	371 000	371 000	753 000	347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	80 000	29 000	75 000
Unpaid Taxes	23 000	12 000	28 000	33 000
Dividends	0	0	0	0
Other Current Debt	32 000	30 000	42 000	49 000
Total Current Debt	119 000	122 000	99 000	157 000
Total Equity and Debt	490 000	493 000	852 000	503 000

Financial indicators	2009	2008	2007	2006
Return on Equity	53,64 %	41,51 %	34,53 %	117,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,52 %	8,37 %	12 %	16,94 %
Current Ratio	1,41	1,06	1	1,49
Quick Ratio	5,6	4,78	2,54	3,66
Equity Ratio	0,76	0,75	0,88	0,69
Gross Profit Margin	42,05 %	48,73 %	50,18 %	53,21 %