ØKON Arne Børresen

1794 SPONVIKA

Finances

Share Ownership

Return on Equity

−36,79 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2010	2009	2008	2007
Revenue	0	33 000	2 019 000	1 698 000
Net Income	252 000	386 000	730 000	547 000
Total Assets	322 000	1 338 000	540 000	503 000
Total Equity	−685 000	79 000	165 000	21 000

Income (NOK)	2010	2009	2008	2007
Revenue	0	33 000	2 019 000	1 698 000
Expenditure	0	11 000	1 309 000	1 168 000
Operating Profit	0	23 000	711 000	530 000
Financial Income	0	49 000	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	49 000	0	−6 000
Earnings Before Tax	0	71 000	711 000	524 000
Tax	0	0	0	0
Net Income	252 000	386 000	730 000	547 000

Balance (NOK)	2010	2009	2008	2007
Total Fixed Assets	203 000	1 338 000	222 000	222 000
Total Current Assets	119 000	0	319 000	281 000
Total Assets	322 000	1 338 000	540 000	503 000
Total Retained Equity	−685 000	79 000	165 000	21 000
Total Equity	−685 000	79 000	165 000	21 000
Total Long-Term Debt	1 007 000	1 259 000	74 000	92 000
Total Current Debt	0	0	301 000	390 000
Total Equity and Debt	322 000	1 338 000	540 000	503 000

Cash flow (NOK)	2010	2009	2008	2007
Sales Income	0	33 000	2 019 000	1 698 000
Other Income	0	0	0	0
Revenue	0	33 000	2 019 000	1 698 000
Cost of Goods Sold	0	0	0	9 000
Salary Costs	0	1 000	981 000	884 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	11 000	1 309 000	1 168 000
Operating Profit	0	23 000	711 000	530 000
Financial Income	0	49 000	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	49 000	0	−6 000
Dividends	0	0	0	0
Net Income	252 000	386 000	730 000	547 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	203 000	1 338 000	222 000	222 000
Total Fixed Assets	203 000	1 338 000	222 000	222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	61 000	0
Total Current Assets	119 000	0	319 000	281 000
Total Assets	322 000	1 338 000	540 000	503 000
Total Equity	−685 000	79 000	165 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 007 000	1 259 000	74 000	92 000
Creditors	0	0	36 000	24 000
Unpaid Taxes	0	0	164 000	140 000
Dividends	0	0	0	0
Other Current Debt	0	0	78 000	70 000
Total Current Debt	0	0	301 000	390 000
Total Equity and Debt	322 000	1 338 000	540 000	503 000

Financial indicators	2010	2009	2008	2007
Return on Equity	−36,79 %	488,61 %	442,42 %	2 604,76 %
Debt-to-Equity Ratio	−1,47	15,94	0,45	4,38
Operating Profit Margin	-	69,7 %	35,22 %	31,21 %
Current Ratio	-	-	1,06	0,72
Quick Ratio	-	-	1,06	0,72
Equity Ratio	−2,13	0,06	0,31	0,04
Gross Profit Margin	-	100 %	100 %	99,47 %