PROSJEKTLEDELSE Siviløkonom Ørjan Jensen

9950 VARDØ

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

−7,54

Debt-to-Equity Ratio

Key figures (NOK)	2003	2002	2001	2000
Revenue	522 000	563 000	555 000	320 000
Net Income	0	243 000	262 000	182 000
Total Assets	211 000	163 000	127 000	182 000
Total Equity	239 000	117 000	111 000	98 000

Income (NOK)	2003	2002	2001	2000
Revenue	522 000	563 000	555 000	320 000
Expenditure	249 000	321 000	267 000	139 000
Operating Profit	273 000	242 000	288 000	181 000
Financial Income	0	1 000	0	1 000
Financial Costs	11 000	0	26 000	0
Financial Balance	−11 000	1 000	−26 000	1 000
Earnings Before Tax	262 000	243 000	262 000	182 000
Tax	0	0	0	0
Net Income	0	243 000	262 000	182 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	0	2 000	16 000	22 000
Total Current Assets	211 000	161 000	111 000	160 000
Total Assets	211 000	163 000	127 000	182 000
Total Retained Equity	239 000	117 000	111 000	98 000
Total Equity	239 000	117 000	111 000	98 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	−28 000	46 000	16 000	34 000
Total Equity and Debt	211 000	163 000	127 000	182 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	522 000	563 000	555 000	320 000
Other Income	0	0	0	0
Revenue	522 000	563 000	555 000	320 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	5 000	10 000	0
Depreciation	0	16 000	5 000	7 000
Impairment	0	0	0	0
Expenditure	249 000	321 000	267 000	139 000
Operating Profit	273 000	242 000	288 000	181 000
Financial Income	0	1 000	0	1 000
Financial Costs	11 000	0	26 000	0
Financial Balance	−11 000	1 000	−26 000	1 000
Dividends	0	0	0	0
Net Income	0	243 000	262 000	182 000

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	0	0	16 000	22 000
Total Tangible Assets	0	0	16 000	22 000
Total Fiancial Fixed Assets	0	2 000	0	0
Total Fixed Assets	0	2 000	16 000	22 000
Stock	0	0	0	0
Total Investments	112 000	53 000	26 000	28 000
Cash, Bank	0	0	0	0
Total Current Assets	211 000	161 000	111 000	160 000
Total Assets	211 000	163 000	127 000	182 000
Total Equity	239 000	117 000	111 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	0	78 000	9 000	24 000
Unpaid Taxes	−28 000	−56 000	0	10 000
Dividends	0	0	0	0
Other Current Debt	0	24 000	7 000	0
Total Current Debt	−28 000	46 000	16 000	34 000
Total Equity and Debt	211 000	163 000	127 000	182 000

Financial indicators	2003	2002	2001	2000
Return on Equity	0 %	207,69 %	236,04 %	185,71 %
Debt-to-Equity Ratio	0	0	0	0,51
Operating Profit Margin	52,3 %	42,98 %	51,89 %	56,56 %
Current Ratio	−7,54	3,5	6,94	4,71
Quick Ratio	−7,54	3,5	6,94	4,71
Equity Ratio	1,13	0,72	0,87	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %