EINAR F HANSEN

0257 OSLO

Finances

Share Ownership

Return on Equity

29,31 %

Current Ratio

76,47

Debt-to-Equity Ratio

2,19

Key figures (NOK)	2005	2004	2003	2002
Revenue	2 012 000	1 841 000	1 596 000	1 216 000
Net Income	1 340 000	1 207 000	1 071 000	797 000
Total Assets	14 762 000	4 794 000	465 000	379 000
Total Equity	4 572 000	4 736 000	171 000	266 000

Income (NOK)	2005	2004	2003	2002
Revenue	2 012 000	1 841 000	1 596 000	1 216 000
Expenditure	604 000	668 000	507 000	412 000
Operating Profit	1 408 000	1 173 000	1 089 000	804 000
Financial Income	24 000	53 000	12 000	1 000
Financial Costs	92 000	18 000	23 000	8 000
Financial Balance	−68 000	35 000	−11 000	−7 000
Earnings Before Tax	1 340 000	1 207 000	1 078 000	797 000
Tax	0	0	0	0
Net Income	1 340 000	1 207 000	1 071 000	797 000

Balance (NOK)	2005	2004	2003	2002
Total Fixed Assets	232 000	282 000	356 000	405 000
Total Current Assets	14 530 000	4 511 000	110 000	−26 000
Total Assets	14 762 000	4 794 000	465 000	379 000
Total Retained Equity	4 572 000	4 736 000	171 000	266 000
Total Equity	4 572 000	4 736 000	171 000	266 000
Total Long-Term Debt	10 000 000	0	0	0
Total Current Debt	190 000	58 000	295 000	113 000
Total Equity and Debt	14 762 000	4 794 000	465 000	379 000

Cash flow (NOK)	2005	2004	2003	2002
Sales Income	2 012 000	1 841 000	1 596 000	1 216 000
Other Income	0	0	0	0
Revenue	2 012 000	1 841 000	1 596 000	1 216 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	50 000	63 000	79 000	70 000
Impairment	0	0	0	0
Expenditure	604 000	668 000	507 000	412 000
Operating Profit	1 408 000	1 173 000	1 089 000	804 000
Financial Income	24 000	53 000	12 000	1 000
Financial Costs	92 000	18 000	23 000	8 000
Financial Balance	−68 000	35 000	−11 000	−7 000
Dividends	0	0	0	0
Net Income	1 340 000	1 207 000	1 071 000	797 000

Balance details (NOK)	2005	2004	2003	2002
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	202 000	252 000	316 000	395 000
Total Tangible Assets	202 000	252 000	316 000	395 000
Total Fiancial Fixed Assets	30 000	30 000	40 000	10 000
Total Fixed Assets	232 000	282 000	356 000	405 000
Stock	0	0	0	0
Total Investments	947 000	540 000	0	0
Cash, Bank	0	0	0	0
Total Current Assets	14 530 000	4 511 000	110 000	−26 000
Total Assets	14 762 000	4 794 000	465 000	379 000
Total Equity	4 572 000	4 736 000	171 000	266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	0	0	0
Creditors	48 000	15 000	112 000	20 000
Unpaid Taxes	142 000	43 000	62 000	71 000
Dividends	0	0	0	0
Other Current Debt	0	0	120 000	22 000
Total Current Debt	190 000	58 000	295 000	113 000
Total Equity and Debt	14 762 000	4 794 000	465 000	379 000

Financial indicators	2005	2004	2003	2002
Return on Equity	29,31 %	25,49 %	626,32 %	299,62 %
Debt-to-Equity Ratio	2,19	0	0	0
Operating Profit Margin	69,98 %	63,72 %	68,23 %	66,12 %
Current Ratio	76,47	77,78	0,37	−0,23
Quick Ratio	76,47	77,78	0,37	−0,23
Equity Ratio	0,31	0,99	0,37	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %