ARNOLD SOLSVIK

5354 STRAUME

Finances

Share Ownership

Return on Equity

−62,84 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0,28

Key figures (NOK)	2010	2009	2008	2007
Revenue	337 000	240 000	176 000	298 000
Net Income	274 000	73 000	83 000	158 000
Total Assets	190 000	142 000	43 000	67 000
Total Equity	−436 000	−461 000	143 000	−72 000

Income (NOK)	2010	2009	2008	2007
Revenue	337 000	240 000	176 000	298 000
Expenditure	63 000	166 000	92 000	139 000
Operating Profit	274 000	74 000	83 000	159 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Earnings Before Tax	274 000	73 000	83 000	158 000
Tax	0	0	0	0
Net Income	274 000	73 000	83 000	158 000

Balance (NOK)	2010	2009	2008	2007
Total Fixed Assets	101 000	126 000	24 000	30 000
Total Current Assets	89 000	16 000	19 000	36 000
Total Assets	190 000	142 000	43 000	67 000
Total Retained Equity	−436 000	−461 000	143 000	−72 000
Total Equity	−436 000	−461 000	143 000	−72 000
Total Long-Term Debt	120 000	370 000	0	0
Total Current Debt	506 000	233 000	−187 000	139 000
Total Equity and Debt	190 000	142 000	−43 000	67 000

Cash flow (NOK)	2010	2009	2008	2007
Sales Income	337 000	240 000	176 000	298 000
Other Income	0	0	0	0
Revenue	337 000	240 000	176 000	298 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	25 000	54 000	6 000	13 000
Impairment	0	0	0	0
Expenditure	63 000	166 000	92 000	139 000
Operating Profit	274 000	74 000	83 000	159 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	274 000	73 000	83 000	158 000

Balance details (NOK)	2010	2009	2008	2007
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	24 000	0
Fixtures	101 000	126 000	0	30 000
Total Tangible Assets	101 000	126 000	24 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 000	126 000	24 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	89 000	16 000	19 000	36 000
Total Assets	190 000	142 000	43 000	67 000
Total Equity	−436 000	−461 000	143 000	−72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	370 000	0	0
Creditors	80 000	0	−117 000	94 000
Unpaid Taxes	176 000	106 000	−69 000	44 000
Dividends	0	0	0	0
Other Current Debt	250 000	127 000	0	0
Total Current Debt	506 000	233 000	−187 000	139 000
Total Equity and Debt	190 000	142 000	−43 000	67 000

Financial indicators	2010	2009	2008	2007
Return on Equity	−62,84 %	−15,84 %	58,04 %	−219,44 %
Debt-to-Equity Ratio	−0,28	−0,8	0	−0
Operating Profit Margin	81,31 %	30,83 %	47,16 %	53,36 %
Current Ratio	0,18	0,07	−0,1	0,26
Quick Ratio	0,18	0,07	−0,1	0,26
Equity Ratio	−2,29	−3,25	3,33	−1,07
Gross Profit Margin	100 %	100 %	100 %	100 %