SIVILØKONOM OVE ELLINGSEN

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

295,47 %

Current Ratio

2,04

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2011	2010	2009	2008
Revenue	3 703 000	3 292 000	3 080 000	2 903 000
Net Income	978 000	932 000	843 000	849 000
Total Assets	1 459 000	1 166 000	1 087 000	901 000
Total Equity	331 000	114 000	527 000	448 000

Income (NOK)	2011	2010	2009	2008
Revenue	3 703 000	3 292 000	3 080 000	2 903 000
Expenditure	2 678 000	2 312 000	2 235 000	2 032 000
Operating Profit	1 024 000	979 000	845 000	870 000
Financial Income	0	1 000	17 000	2 000
Financial Costs	47 000	48 000	20 000	22 000
Financial Balance	−47 000	−47 000	−3 000	−20 000
Earnings Before Tax	978 000	932 000	843 000	849 000
Tax	0	0	0	0
Net Income	978 000	932 000	843 000	849 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	178 000	103 000	100 000	10 000
Total Current Assets	1 281 000	1 063 000	987 000	891 000
Total Assets	1 459 000	1 166 000	1 087 000	901 000
Total Retained Equity	331 000	114 000	527 000	448 000
Total Equity	331 000	114 000	527 000	448 000
Total Long-Term Debt	502 000	539 000	0	0
Total Current Debt	627 000	512 000	560 000	453 000
Total Equity and Debt	1 459 000	1 166 000	1 087 000	901 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	3 703 000	3 292 000	3 080 000	2 903 000
Other Income	0	0	0	0
Revenue	3 703 000	3 292 000	3 080 000	2 903 000
Cost of Goods Sold	30 000	6 000	0	20 000
Salary Costs	1 797 000	1 498 000	1 427 000	1 329 000
Depreciation	50 000	50 000	25 000	11 000
Impairment	0	0	0	0
Expenditure	2 678 000	2 312 000	2 235 000	2 032 000
Operating Profit	1 024 000	979 000	845 000	870 000
Financial Income	0	1 000	17 000	2 000
Financial Costs	47 000	48 000	20 000	22 000
Financial Balance	−47 000	−47 000	−3 000	−20 000
Dividends	0	0	0	0
Net Income	978 000	932 000	843 000	849 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	50 000	100 000	10 000
Fixtures	0	0	0	0
Total Tangible Assets	0	50 000	100 000	10 000
Total Fiancial Fixed Assets	178 000	53 000	0	0
Total Fixed Assets	178 000	103 000	100 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 281 000	1 063 000	987 000	891 000
Total Assets	1 459 000	1 166 000	1 087 000	901 000
Total Equity	331 000	114 000	527 000	448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	502 000	539 000	0	0
Creditors	22 000	49 000	86 000	13 000
Unpaid Taxes	433 000	319 000	270 000	294 000
Dividends	0	0	0	0
Other Current Debt	173 000	144 000	138 000	146 000
Total Current Debt	627 000	512 000	560 000	453 000
Total Equity and Debt	1 459 000	1 166 000	1 087 000	901 000

Financial indicators	2011	2010	2009	2008
Return on Equity	295,47 %	817,54 %	159,96 %	189,51 %
Debt-to-Equity Ratio	1,52	4,73	0	0
Operating Profit Margin	27,65 %	29,74 %	27,44 %	29,97 %
Current Ratio	2,04	2,08	1,76	1,97
Quick Ratio	2,04	2,08	1,76	1,97
Equity Ratio	0,23	0,1	0,48	0,5
Gross Profit Margin	99,19 %	99,82 %	100 %	99,31 %