OLSEN ØKONOMISERVICE

3919 PORSGRUNN

Finances

Share Ownership

Return on Equity

333,33 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2010	2009	2008	2005
Revenue	165 000	129 000	229 000	214 000
Net Income	−30 000	−54 000	−6 000	31 000
Total Assets	0	10 000	8 000	25 000
Total Equity	−9 000	−11 000	6 000	0

Income (NOK)	2010	2009	2008	2005
Revenue	165 000	129 000	229 000	214 000
Expenditure	195 000	179 000	237 000	184 000
Operating Profit	−30 000	−50 000	−8 000	31 000
Financial Income	0	0	2 000	1 000
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	2 000	1 000
Earnings Before Tax	−30 000	−54 000	−6 000	31 000
Tax	0	0	0	0
Net Income	−30 000	−54 000	−6 000	31 000

Balance (NOK)	2010	2009	2008	2005
Total Fixed Assets	0	0	0	0
Total Current Assets	0	10 000	8 000	25 000
Total Assets	0	10 000	8 000	25 000
Total Retained Equity	−9 000	−11 000	6 000	110 000
Total Equity	−9 000	−11 000	6 000	0
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000	21 000	2 000	1 000
Total Equity and Debt	0	10 000	8 000	156 000

Cash flow (NOK)	2010	2009	2008	2005
Sales Income	165 000	129 000	229 000	214 000
Other Income	0	0	0	0
Revenue	165 000	129 000	229 000	214 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	195 000	179 000	237 000	184 000
Operating Profit	−30 000	−50 000	−8 000	31 000
Financial Income	0	0	2 000	1 000
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	2 000	1 000
Dividends	0	7 000	0	0
Net Income	−30 000	−54 000	−6 000	31 000

Balance details (NOK)	2010	2009	2008	2005
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	6 000	2 000	0
Total Current Assets	0	10 000	8 000	25 000
Total Assets	0	10 000	8 000	25 000
Total Equity	−9 000	−11 000	6 000	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	5 000	2 000	7 000
Unpaid Taxes	13 000	16 000	0	−6 000
Dividends	0	7 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	9 000	21 000	2 000	1 000
Total Equity and Debt	0	10 000	8 000	156 000

Financial indicators	2010	2009	2008	2005
Return on Equity	333,33 %	490,91 %	−100 %	-
Debt-to-Equity Ratio	−0	−0	0	-
Operating Profit Margin	−18,18 %	−38,76 %	−3,49 %	14,49 %
Current Ratio	0	0,48	4	25
Quick Ratio	0	0,48	4	25
Equity Ratio	-	−1,1	0,75	0
Gross Profit Margin	100 %	100 %	100 %	100 %