KJETIL BJØRNSRUD

2616 LISMARKA

Finances

Share Ownership

Return on Equity

52,74 %

Current Ratio

4,58

Debt-to-Equity Ratio

Key figures (NOK)	2006	2005	2004
Revenue	605 000	408 000	333 000
Net Income	471 000	283 000	212 000
Total Assets	917 000	92 000	64 000
Total Equity	893 000	71 000	46 000

Income (NOK)	2006	2005	2004
Revenue	605 000	408 000	333 000
Expenditure	135 000	124 000	120 000
Operating Profit	471 000	283 000	214 000
Financial Income	0	0	0
Financial Costs	0	1 000	2 000
Financial Balance	0	−1 000	−2 000
Earnings Before Tax	471 000	283 000	212 000
Tax	0	0	0
Net Income	471 000	283 000	212 000

Balance (NOK)	2006	2005	2004
Total Fixed Assets	807 000	0	16 000
Total Current Assets	110 000	92 000	48 000
Total Assets	917 000	92 000	64 000
Total Retained Equity	893 000	71 000	46 000
Total Equity	893 000	71 000	46 000
Total Long-Term Debt	0	0	0
Total Current Debt	24 000	21 000	19 000
Total Equity and Debt	917 000	92 000	64 000

Cash flow (NOK)	2006	2005	2004
Sales Income	595 000	408 000	318 000
Other Income	10 000	0	15 000
Revenue	605 000	408 000	333 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	14 000	16 000	7 000
Impairment	0	0	0
Expenditure	135 000	124 000	120 000
Operating Profit	471 000	283 000	214 000
Financial Income	0	0	0
Financial Costs	0	1 000	2 000
Financial Balance	0	−1 000	−2 000
Dividends	0	0	0
Net Income	471 000	283 000	212 000

Balance details (NOK)	2006	2005	2004
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	763 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	44 000	0	16 000
Total Tangible Assets	807 000	0	16 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	807 000	0	16 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	110 000	92 000	48 000
Total Assets	917 000	92 000	64 000
Total Equity	893 000	71 000	46 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	−1 000	3 000	1 000
Unpaid Taxes	25 000	13 000	12 000
Dividends	0	0	0
Other Current Debt	0	5 000	5 000
Total Current Debt	24 000	21 000	19 000
Total Equity and Debt	917 000	92 000	64 000

Financial indicators	2006	2005	2004
Return on Equity	52,74 %	398,59 %	460,87 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	77,85 %	69,36 %	64,26 %
Current Ratio	4,58	4,38	2,53
Quick Ratio	4,58	4,38	2,53
Equity Ratio	0,97	0,77	0,72
Gross Profit Margin	100 %	100 %	100 %