JØRN HURV

4820 FROLAND

Finances

Share Ownership

Return on Equity

594,09 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2011	2010	2009	2008
Revenue	2 446 000	1 760 000	1 767 000	1 611 000
Net Income	2 210 000	1 554 000	1 308 000	1 281 000
Total Assets	640 000	451 000	113 000	87 000
Total Equity	372 000	240 000	−169 000	−129 000

Income (NOK)	2011	2010	2009	2008
Revenue	2 446 000	1 760 000	1 767 000	1 611 000
Expenditure	236 000	195 000	436 000	326 000
Operating Profit	2 210 000	1 564 000	1 330 000	1 285 000
Financial Income	0	0	0	0
Financial Costs	1 000	10 000	22 000	4 000
Financial Balance	−1 000	−10 000	−22 000	−4 000
Earnings Before Tax	2 210 000	1 554 000	1 308 000	1 281 000
Tax	0	0	0	0
Net Income	2 210 000	1 554 000	1 308 000	1 281 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	0	0	0	0
Total Current Assets	640 000	451 000	113 000	87 000
Total Assets	640 000	451 000	113 000	87 000
Total Retained Equity	372 000	240 000	−169 000	−129 000
Total Equity	372 000	240 000	−169 000	−129 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	268 000	210 000	282 000	215 000
Total Equity and Debt	640 000	451 000	113 000	87 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	1 571 000	1 760 000	1 767 000	1 611 000
Other Income	875 000	0	0	0
Revenue	2 446 000	1 760 000	1 767 000	1 611 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	11 000	26 000	19 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	236 000	195 000	436 000	326 000
Operating Profit	2 210 000	1 564 000	1 330 000	1 285 000
Financial Income	0	0	0	0
Financial Costs	1 000	10 000	22 000	4 000
Financial Balance	−1 000	−10 000	−22 000	−4 000
Dividends	0	0	0	0
Net Income	2 210 000	1 554 000	1 308 000	1 281 000

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	1 000	218 000	0	0
Total Current Assets	640 000	451 000	113 000	87 000
Total Assets	640 000	451 000	113 000	87 000
Total Equity	372 000	240 000	−169 000	−129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	10 000	14 000	34 000
Unpaid Taxes	95 000	178 000	144 000	67 000
Dividends	0	0	0	0
Other Current Debt	166 000	22 000	124 000	114 000
Total Current Debt	268 000	210 000	282 000	215 000
Total Equity and Debt	640 000	451 000	113 000	87 000

Financial indicators	2011	2010	2009	2008
Return on Equity	594,09 %	647,5 %	−773,96 %	−993,02 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	90,35 %	88,86 %	75,27 %	79,76 %
Current Ratio	2,39	2,15	0,4	0,4
Quick Ratio	2,39	2,15	0,4	0,4
Equity Ratio	0,58	0,53	−1,5	−1,48
Gross Profit Margin	100 %	100 %	100 %	100 %