FIRMARÅDGIVNING OG KONSULENTTJENESTER JON EILIF ORREM

5022 BERGEN

Finances

Share Ownership

Return on Equity

171,6 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2014	2013	2012	2011
Revenue	1 214 000	3 297 000	2 678 000	2 310 000
Net Income	−2 495 000	2 218 000	1 220 000	1 318 000
Total Assets	596 000	1 746 000	1 726 000	1 909 000
Total Equity	−1 454 000	1 411 000	1 489 000	1 447 000

Income (NOK)	2014	2013	2012	2011
Revenue	1 214 000	3 297 000	2 678 000	2 310 000
Expenditure	3 639 000	1 053 000	1 378 000	935 000
Operating Profit	−2 425 000	2 244 000	1 301 000	1 375 000
Financial Income	0	0	0	1 000
Financial Costs	71 000	26 000	81 000	57 000
Financial Balance	−71 000	−26 000	−81 000	−56 000
Earnings Before Tax	−2 495 000	2 218 000	1 220 000	1 318 000
Tax	0	0	0	0
Net Income	−2 495 000	2 218 000	1 220 000	1 318 000

Balance (NOK)	2014	2013	2012	2011
Total Fixed Assets	0	0	0	0
Total Current Assets	596 000	1 746 000	1 726 000	1 909 000
Total Assets	596 000	1 746 000	1 726 000	1 909 000
Total Retained Equity	−1 454 000	1 411 000	1 489 000	1 447 000
Total Equity	−1 454 000	1 411 000	1 489 000	1 447 000
Total Long-Term Debt	970 000	0	0	0
Total Current Debt	1 080 000	335 000	236 000	462 000
Total Equity and Debt	596 000	1 746 000	1 726 000	1 909 000

Cash flow (NOK)	2014	2013	2012	2011
Sales Income	1 214 000	3 297 000	2 678 000	2 310 000
Other Income	0	0	0	0
Revenue	1 214 000	3 297 000	2 678 000	2 310 000
Cost of Goods Sold	226 000	14 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 639 000	1 053 000	1 378 000	935 000
Operating Profit	−2 425 000	2 244 000	1 301 000	1 375 000
Financial Income	0	0	0	1 000
Financial Costs	71 000	26 000	81 000	57 000
Financial Balance	−71 000	−26 000	−81 000	−56 000
Dividends	0	0	0	0
Net Income	−2 495 000	2 218 000	1 220 000	1 318 000

Balance details (NOK)	2014	2013	2012	2011
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	596 000	1 746 000	1 726 000	1 909 000
Total Assets	596 000	1 746 000	1 726 000	1 909 000
Total Equity	−1 454 000	1 411 000	1 489 000	1 447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	970 000	0	0	0
Creditors	133 000	64 000	99 000	12 000
Unpaid Taxes	0	216 000	0	260 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 000
Total Current Debt	1 080 000	335 000	236 000	462 000
Total Equity and Debt	596 000	1 746 000	1 726 000	1 909 000

Financial indicators	2014	2013	2012	2011
Return on Equity	171,6 %	157,19 %	81,93 %	91,09 %
Debt-to-Equity Ratio	−0,67	0	0	0
Operating Profit Margin	−199,75 %	68,06 %	48,58 %	59,52 %
Current Ratio	0,55	5,21	7,31	4,13
Quick Ratio	0,55	5,21	7,31	4,13
Equity Ratio	−2,44	0,81	0,86	0,76
Gross Profit Margin	81,38 %	99,58 %	100 %	100 %