GRIM KINAMAT Lilly Ly

4616 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

46,42 %

Current Ratio

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2004	2003	2002
Revenue	1 075 000	702 000	173 000
Net Income	201 000	−63 000	−6 000
Total Assets	494 000	517 000	389 000
Total Equity	433 000	320 000	383 000

Income (NOK)	2004	2003	2002
Revenue	1 075 000	702 000	173 000
Expenditure	887 000	759 000	179 000
Operating Profit	204 000	−56 000	−6 000
Financial Income	0	0	0
Financial Costs	3 000	7 000	0
Financial Balance	−3 000	−7 000	0
Earnings Before Tax	201 000	−63 000	−6 000
Tax	0	0	0
Net Income	201 000	−63 000	−6 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	296 000	402 000	340 000
Total Current Assets	198 000	114 000	49 000
Total Assets	494 000	517 000	389 000
Total Retained Equity	433 000	320 000	383 000
Total Equity	433 000	320 000	383 000
Total Long-Term Debt	43 000	76 000	0
Total Current Debt	18 000	120 000	6 000
Total Equity and Debt	494 000	517 000	389 000

Cash flow (NOK)	2004	2003	2002
Sales Income	1 039 000	681 000	169 000
Other Income	36 000	21 000	4 000
Revenue	1 075 000	702 000	173 000
Cost of Goods Sold	395 000	251 000	43 000
Salary Costs	86 000	115 000	20 000
Depreciation	74 000	20 000	60 000
Impairment	0	0	0
Expenditure	887 000	759 000	179 000
Operating Profit	204 000	−56 000	−6 000
Financial Income	0	0	0
Financial Costs	3 000	7 000	0
Financial Balance	−3 000	−7 000	0
Dividends	0	0	0
Net Income	201 000	−63 000	−6 000

Balance details (NOK)	2004	2003	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	296 000	371 000	340 000
Fixtures	0	0	0
Total Tangible Assets	296 000	371 000	340 000
Total Fiancial Fixed Assets	0	32 000	0
Total Fixed Assets	296 000	402 000	340 000
Stock	47 000	0	21 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	198 000	114 000	49 000
Total Assets	494 000	517 000	389 000
Total Equity	433 000	320 000	383 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	43 000	76 000	0
Creditors	6 000	79 000	1 000
Unpaid Taxes	9 000	15 000	2 000
Dividends	0	0	0
Other Current Debt	3 000	27 000	3 000
Total Current Debt	18 000	120 000	6 000
Total Equity and Debt	494 000	517 000	389 000

Financial indicators	2004	2003	2002
Return on Equity	46,42 %	−19,69 %	−1,57 %
Debt-to-Equity Ratio	0,1	0,24	0
Operating Profit Margin	18,98 %	−7,98 %	−3,47 %
Current Ratio	11	0,95	8,17
Quick Ratio	−6,83	0,95	−3,27
Equity Ratio	0,88	0,62	0,98
Gross Profit Margin	63,26 %	64,25 %	75,14 %