SOLVEIG MARGRETHE UNDHEIM

4032 STAVANGER

Finances

Share Ownership

Return on Equity

210,4 %

Current Ratio

3,19

Debt-to-Equity Ratio

Key figures (NOK)	2018	2017	2016
Revenue	1 188 000	1 443 000	1 768 000
Net Income	263 000	657 000	497 000
Total Assets	182 000	551 000	462 000
Total Equity	125 000	657 000	241 000

Income (NOK)	2018	2017	2016
Revenue	1 188 000	1 443 000	1 768 000
Expenditure	746 000	791 000	1 271 000
Operating Profit	442 000	657 000	498 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	442 000	657 000	497 000
Tax	179 000	0	0
Net Income	263 000	657 000	497 000

Balance (NOK)	2018	2017	2016
Total Fixed Assets	0	0	−43 000
Total Current Assets	182 000	551 000	506 000
Total Assets	182 000	551 000	462 000
Total Retained Equity	125 000	657 000	241 000
Total Equity	125 000	657 000	241 000
Total Long-Term Debt	0	0	0
Total Current Debt	57 000	−106 000	222 000
Total Equity and Debt	182 000	551 000	462 000

Cash flow (NOK)	2018	2017	2016
Sales Income	1 188 000	1 443 000	1 189 000
Other Income	0	0	579 000
Revenue	1 188 000	1 443 000	1 768 000
Cost of Goods Sold	122 000	130 000	319 000
Salary Costs	25 000	7 000	22 000
Depreciation	0	0	43 000
Impairment	0	0	0
Expenditure	746 000	791 000	1 271 000
Operating Profit	442 000	657 000	498 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	263 000	657 000	497 000

Balance details (NOK)	2018	2017	2016
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	−43 000
Total Tangible Assets	0	0	−43 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	−43 000
Stock	13 000	0	0
Total Investments	0	0	0
Cash, Bank	100 000	526 000	139 000
Total Current Assets	182 000	551 000	506 000
Total Assets	182 000	551 000	462 000
Total Equity	125 000	657 000	241 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	2 000	−121 000	363 000
Unpaid Taxes	52 000	−84 000	−141 000
Dividends	0	0	0
Other Current Debt	2 000	99 000	0
Total Current Debt	57 000	−106 000	222 000
Total Equity and Debt	182 000	551 000	462 000

Financial indicators	2018	2017	2016
Return on Equity	210,4 %	100 %	206,22 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	37,21 %	45,53 %	28,17 %
Current Ratio	3,19	−5,2	2,28
Quick Ratio	4,14	−5,2	2,28
Equity Ratio	0,69	1,19	0,52
Gross Profit Margin	89,73 %	90,99 %	81,96 %