CUSTOMER CARE & RELATIONS Sørensen

2160 VORMSUND

Finances

Share Ownership

Return on Equity

1 870 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2002	2001
Revenue	323 000	372 000
Net Income	187 000	132 000
Total Assets	15 000	0
Total Equity	10 000	−70 000

Income (NOK)	2002	2001
Revenue	323 000	372 000
Expenditure	136 000	240 000
Operating Profit	187 000	132 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	187 000	132 000
Tax	0	0
Net Income	187 000	132 000

Balance (NOK)	2002	2001
Total Fixed Assets	14 000	0
Total Current Assets	1 000	0
Total Assets	15 000	0
Total Retained Equity	10 000	−70 000
Total Equity	10 000	−70 000
Total Long-Term Debt	0	0
Total Current Debt	6 000	70 000
Total Equity and Debt	16 000	0

Cash flow (NOK)	2002	2001
Sales Income	323 000	372 000
Other Income	0	0
Revenue	323 000	372 000
Cost of Goods Sold	75 000	226 000
Salary Costs	52 000	0
Depreciation	6 000	0
Impairment	0	0
Expenditure	136 000	240 000
Operating Profit	187 000	132 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	108 000	201 000
Net Income	187 000	132 000

Balance details (NOK)	2002	2001
Goodwill	0	0
Total Intangible Assets	0	0
Real Eastate	0	0
Machinery and Plant Facilities	0	0
Fixtures	14 000	0
Total Tangible Assets	14 000	0
Total Fiancial Fixed Assets	0	0
Total Fixed Assets	14 000	0
Stock	0	0
Total Investments	0	0
Cash, Bank	0	0
Total Current Assets	1 000	0
Total Assets	15 000	0
Total Equity	10 000	−70 000
Short-Term Group Debt	0	0
Total Long-Term Debt	0	0
Creditors	0	0
Unpaid Taxes	1 000	70 000
Dividends	108 000	201 000
Other Current Debt	5 000	0
Total Current Debt	6 000	70 000
Total Equity and Debt	16 000	0

Financial indicators	2002	2001	2000
Return on Equity	1 870 %	−188,57 %	-
Debt-to-Equity Ratio	0	−0	-
Operating Profit Margin	57,89 %	35,48 %	-
Current Ratio	0,17	0	-
Quick Ratio	0,17	0	-
Equity Ratio	0,67	-	-
Gross Profit Margin	76,78 %	39,25 %	-