ØKONOMI OG RÅDGIVNING V/ HÅKON OLAUSSEN

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

−2 426,67 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2011	2010	2009	2008
Revenue	474 000	455 000	428 000	440 000
Net Income	364 000	357 000	349 000	355 000
Total Assets	0	7 000	16 000	6 000
Total Equity	−15 000	−4 000	−1 000	−7 000

Income (NOK)	2011	2010	2009	2008
Revenue	474 000	455 000	428 000	440 000
Expenditure	109 000	95 000	79 000	86 000
Operating Profit	364 000	357 000	349 000	355 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	364 000	357 000	349 000	355 000
Tax	0	0	0	0
Net Income	364 000	357 000	349 000	355 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	0	0	0	0
Total Current Assets	0	7 000	16 000	6 000
Total Assets	0	7 000	16 000	6 000
Total Retained Equity	−15 000	−4 000	−1 000	−7 000
Total Equity	−15 000	−4 000	−1 000	−7 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	12 000	17 000	13 000
Total Equity and Debt	0	7 000	16 000	6 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	474 000	455 000	428 000	440 000
Other Income	0	0	0	0
Revenue	474 000	455 000	428 000	440 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	20 000	15 000	14 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	109 000	95 000	79 000	86 000
Operating Profit	364 000	357 000	349 000	355 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	364 000	357 000	349 000	355 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	7 000	16 000	6 000
Total Assets	0	7 000	16 000	6 000
Total Equity	−15 000	−4 000	−1 000	−7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	3 000	1 000
Unpaid Taxes	12 000	11 000	15 000	12 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	15 000	12 000	17 000	13 000
Total Equity and Debt	0	7 000	16 000	6 000

Financial indicators	2011	2010	2009	2008
Return on Equity	−2 426,67 %	−8 925 %	−34 900 %	−5 071,43 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	76,79 %	78,46 %	81,54 %	80,68 %
Current Ratio	0	0,58	0,94	0,46
Quick Ratio	0	0,58	0,94	0,46
Equity Ratio	-	−0,57	−0,06	−1,17
Gross Profit Margin	100 %	100 %	100 %	100 %