PER STIFOSS-HANSSEN

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

6,25 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2008	2005	2004	2002
Revenue	2 000	0	600 000	797 000
Net Income	2 000	0	557 000	460 000
Total Assets	32 000	255 000	416 000	206 000
Total Equity	32 000	255 000	403 000	−6 000

Income (NOK)	2008	2004	2002
Revenue	2 000	600 000	797 000
Expenditure	0	42 000	336 000
Operating Profit	2 000	558 000	461 000
Financial Income	0	0	0
Financial Costs	0	1 000	1 000
Financial Balance	0	−1 000	−1 000
Earnings Before Tax	2 000	557 000	460 000
Tax	0	0	0
Net Income	2 000	557 000	460 000

Balance (NOK)	2008	2005	2004	2002
Total Fixed Assets	0	222 000	383 000	0
Total Current Assets	32 000	33 000	33 000	206 000
Total Assets	32 000	255 000	416 000	206 000
Total Retained Equity	32 000	255 000	403 000	−6 000
Total Equity	32 000	255 000	403 000	−6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	0	13 000	212 000
Total Equity and Debt	32 000	255 000	416 000	206 000

Cash flow (NOK)	2008	2004	2002
Sales Income	2 000	75 000	797 000
Other Income	0	525 000	0
Revenue	2 000	600 000	797 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	135 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	0	42 000	336 000
Operating Profit	2 000	558 000	461 000
Financial Income	0	0	0
Financial Costs	0	1 000	1 000
Financial Balance	0	−1 000	−1 000
Dividends	0	0	0
Net Income	2 000	557 000	460 000

Balance details (NOK)	2008	2005	2004	2002
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	0	222 000	383 000	0
Total Fixed Assets	0	222 000	383 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	32 000	33 000	33 000	206 000
Total Assets	32 000	255 000	416 000	206 000
Total Equity	32 000	255 000	403 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	13 000	166 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	43 000
Total Current Debt	0	0	13 000	212 000
Total Equity and Debt	32 000	255 000	416 000	206 000

Financial indicators	2008	2005	2004	2002
Return on Equity	6,25 %	0 %	138,21 %	−7 666,67 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	100 %	-	93 %	57,84 %
Current Ratio	-	-	2,54	0,97
Quick Ratio	-	-	2,54	0,97
Equity Ratio	1	1	0,97	−0,03
Gross Profit Margin	100 %	-	100 %	100 %