MEHREN OG SVENNE DA

1394 NESBRU

Finances

Return on Equity

2 979,45 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2003	2002	2001	2000
Revenue	6 155 000	4 042 000	3 406 000	3 267 000
Net Income	4 350 000	2 469 000	2 032 000	1 957 000
Total Assets	292 000	2 467 000	2 473 000	2 458 000
Total Equity	146 000	1 905 000	1 910 000	1 987 000

Income (NOK)	2003	2002	2001	2000
Revenue	6 155 000	4 042 000	3 406 000	3 267 000
Expenditure	1 807 000	1 577 000	1 375 000	1 309 000
Operating Profit	4 347 000	2 465 000	2 031 000	1 958 000
Financial Income	4 000	4 000	2 000	2 000
Financial Costs	1 000	0	1 000	3 000
Financial Balance	3 000	4 000	1 000	−1 000
Earnings Before Tax	4 350 000	2 469 000	2 032 000	1 957 000
Tax	0	0	0	0
Net Income	4 350 000	2 469 000	2 032 000	1 957 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	0	1 968 000	2 067 000	2 223 000
Total Current Assets	292 000	499 000	406 000	235 000
Total Assets	292 000	2 467 000	2 473 000	2 458 000
Total Retained Equity	2 483 000	1 905 000	1 910 000	1 987 000
Total Equity	146 000	1 905 000	1 910 000	1 987 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	145 000	562 000	563 000	470 000
Total Equity and Debt	292 000	2 467 000	2 473 000	2 457 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	3 953 000	4 042 000	3 406 000	3 267 000
Other Income	2 202 000	0	0	0
Revenue	6 155 000	4 042 000	3 406 000	3 267 000
Cost of Goods Sold	130 000	15 000	40 000	54 000
Salary Costs	651 000	585 000	329 000	314 000
Depreciation	0	155 000	156 000	157 000
Impairment	0	0	0	0
Expenditure	1 807 000	1 577 000	1 375 000	1 309 000
Operating Profit	4 347 000	2 465 000	2 031 000	1 958 000
Financial Income	4 000	4 000	2 000	2 000
Financial Costs	1 000	0	1 000	3 000
Financial Balance	3 000	4 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	4 350 000	2 469 000	2 032 000	1 957 000

Balance details (NOK)	2003	2002	2001	2000
Goodwill	0	1 277 000	1 358 000	1 440 000
Total Intangible Assets	0	1 277 000	1 358 000	1 440 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	36 000	0	0
Fixtures	0	655 000	709 000	783 000
Total Tangible Assets	0	691 000	709 000	783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 968 000	2 067 000	2 223 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	292 000	499 000	406 000	235 000
Total Assets	292 000	2 467 000	2 473 000	2 458 000
Total Equity	146 000	1 905 000	1 910 000	1 987 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	59 000	80 000	56 000
Unpaid Taxes	59 000	64 000	63 000	16 000
Dividends	0	0	0	0
Other Current Debt	71 000	439 000	420 000	398 000
Total Current Debt	145 000	562 000	563 000	470 000
Total Equity and Debt	292 000	2 467 000	2 473 000	2 457 000

Financial indicators	2003	2002	2001	2000
Return on Equity	2 979,45 %	129,61 %	106,39 %	98,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,63 %	60,98 %	59,63 %	59,93 %
Current Ratio	2,01	0,89	0,72	0,5
Quick Ratio	2,01	0,89	0,72	0,5
Equity Ratio	0,5	0,77	0,77	0,81
Gross Profit Margin	97,89 %	99,63 %	98,83 %	98,35 %