VERDIDATA - Arthur Vestnes

6084 LARSNES

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

6,5

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2003	2002	2001	2000
Revenue	361 000	470 000	384 000	351 000
Net Income	0	184 000	172 000	94 000
Total Assets	186 000	86 000	144 000	125 000
Total Equity	152 000	1 000	35 000	34 000

Income (NOK)	2003	2002	2001	2000
Revenue	361 000	470 000	384 000	351 000
Expenditure	220 000	279 000	204 000	253 000
Operating Profit	142 000	191 000	180 000	98 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	7 000	8 000	5 000
Financial Balance	−1 000	−7 000	−8 000	−4 000
Earnings Before Tax	141 000	184 000	172 000	94 000
Tax	0	0	0	0
Net Income	0	184 000	172 000	94 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	30 000	46 000	62 000	77 000
Total Current Assets	156 000	40 000	82 000	48 000
Total Assets	186 000	86 000	144 000	125 000
Total Retained Equity	152 000	1 000	35 000	34 000
Total Equity	152 000	1 000	35 000	34 000
Total Long-Term Debt	10 000	22 000	46 000	46 000
Total Current Debt	24 000	63 000	63 000	47 000
Total Equity and Debt	186 000	86 000	144 000	127 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	361 000	470 000	384 000	351 000
Other Income	0	0	0	0
Revenue	361 000	470 000	384 000	351 000
Cost of Goods Sold	76 000	19 000	16 000	28 000
Salary Costs	33 000	40 000	0	18 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	220 000	279 000	204 000	253 000
Operating Profit	142 000	191 000	180 000	98 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	7 000	8 000	5 000
Financial Balance	−1 000	−7 000	−8 000	−4 000
Dividends	0	0	0	0
Net Income	0	184 000	172 000	94 000

Balance details (NOK)	2003	2002	2001	2000
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	30 000	46 000	62 000	77 000
Total Tangible Assets	30 000	46 000	62 000	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	46 000	62 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	156 000	40 000	82 000	48 000
Total Assets	186 000	86 000	144 000	125 000
Total Equity	152 000	1 000	35 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	22 000	46 000	46 000
Creditors	6 000	5 000	19 000	31 000
Unpaid Taxes	6 000	13 000	22 000	11 000
Dividends	0	0	0	0
Other Current Debt	12 000	45 000	22 000	5 000
Total Current Debt	24 000	63 000	63 000	47 000
Total Equity and Debt	186 000	86 000	144 000	127 000

Financial indicators	2003	2002	2001	2000
Return on Equity	0 %	18 400 %	491,43 %	276,47 %
Debt-to-Equity Ratio	0,07	22	1,31	1,35
Operating Profit Margin	39,34 %	40,64 %	46,88 %	27,92 %
Current Ratio	6,5	0,63	1,3	1,02
Quick Ratio	6,5	0,63	1,3	1,02
Equity Ratio	0,82	0,01	0,24	0,27
Gross Profit Margin	78,95 %	95,96 %	95,83 %	92,02 %