DEGERNES REGNSKAPSKONTOR A Finseth

1892 DEGERNES

Finances

Share Ownership

Return on Equity

34,95 %

Current Ratio

133,22

Debt-to-Equity Ratio

Key figures (NOK)	2011	2010	2009	2008
Revenue	939 000	1 596 000	1 352 000	1 364 000
Net Income	541 000	533 000	408 000	503 000
Total Assets	1 557 000	1 532 000	1 361 000	1 349 000
Total Equity	1 548 000	1 408 000	1 268 000	1 349 000

Income (NOK)	2011	2010	2009	2008
Revenue	939 000	1 596 000	1 352 000	1 364 000
Expenditure	412 000	1 072 000	956 000	892 000
Operating Profit	527 000	524 000	397 000	472 000
Financial Income	14 000	9 000	11 000	32 000
Financial Costs	0	0	0	0
Financial Balance	14 000	9 000	11 000	32 000
Earnings Before Tax	541 000	533 000	408 000	503 000
Tax	0	0	0	0
Net Income	541 000	533 000	408 000	503 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	357 000	612 000	582 000	564 000
Total Current Assets	1 199 000	919 000	779 000	785 000
Total Assets	1 557 000	1 532 000	1 361 000	1 349 000
Total Retained Equity	0	1 408 000	1 268 000	1 349 000
Total Equity	1 548 000	1 408 000	1 268 000	1 349 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000	124 000	93 000	86 000
Total Equity and Debt	1 557 000	1 532 000	1 361 000	1 435 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	877 000	1 595 000	1 352 000	1 363 000
Other Income	62 000	0	0	1 000
Revenue	939 000	1 596 000	1 352 000	1 364 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	183 000	761 000	750 000	705 000
Depreciation	15 000	4 000	0	14 000
Impairment	0	0	5 000	0
Expenditure	412 000	1 072 000	956 000	892 000
Operating Profit	527 000	524 000	397 000	472 000
Financial Income	14 000	9 000	11 000	32 000
Financial Costs	0	0	0	0
Financial Balance	14 000	9 000	11 000	32 000
Dividends	0	0	0	0
Net Income	541 000	533 000	408 000	503 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	−240 000	0	0	0
Total Intangible Assets	−240 000	0	0	0
Real Eastate	597 000	597 000	564 000	564 000
Machinery and Plant Facilities	0	0	19 000	0
Fixtures	0	15 000	0	0
Total Tangible Assets	597 000	612 000	582 000	564 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	357 000	612 000	582 000	564 000
Stock	0	0	0	0
Total Investments	71 000	7 000	7 000	7 000
Cash, Bank	602 000	679 000	546 000	585 000
Total Current Assets	1 199 000	919 000	779 000	785 000
Total Assets	1 557 000	1 532 000	1 361 000	1 349 000
Total Equity	1 548 000	1 408 000	1 268 000	1 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	14 000	14 000	6 000
Unpaid Taxes	−3 000	110 000	79 000	80 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	9 000	124 000	93 000	86 000
Total Equity and Debt	1 557 000	1 532 000	1 361 000	1 435 000

Financial indicators	2011	2010	2009	2008
Return on Equity	34,95 %	37,86 %	32,18 %	37,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,12 %	32,83 %	29,36 %	34,6 %
Current Ratio	133,22	7,41	8,38	9,13
Quick Ratio	133,22	7,41	8,38	9,13
Equity Ratio	0,99	0,92	0,93	1
Gross Profit Margin	100 %	100 %	99,93 %	100 %