KNUT SOLVANG BEDRIFTSRÅDGIVNING

0752 OSLO

Finances

Share Ownership

Return on Equity

−113,07 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2011	2010	2009	2008
Revenue	880 000	890 000	2 622 000	4 424 000
Net Income	320 000	527 000	1 974 000	3 498 000
Total Assets	552 000	587 000	589 000	1 771 000
Total Equity	−283 000	−143 000	−300 000	581 000

Income (NOK)	2011	2010	2009	2008
Revenue	880 000	890 000	2 622 000	4 424 000
Expenditure	561 000	372 000	698 000	986 000
Operating Profit	319 000	518 000	1 924 000	3 438 000
Financial Income	1 000	10 000	50 000	73 000
Financial Costs	0	1 000	0	13 000
Financial Balance	1 000	9 000	50 000	60 000
Earnings Before Tax	320 000	527 000	1 974 000	3 498 000
Tax	0	0	0	0
Net Income	320 000	527 000	1 974 000	3 498 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	25 000	25 000	15 000	23 000
Total Current Assets	528 000	562 000	573 000	1 748 000
Total Assets	552 000	587 000	589 000	1 771 000
Total Retained Equity	0	−143 000	−300 000	581 000
Total Equity	−283 000	−143 000	−300 000	581 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	835 000	730 000	888 000	1 190 000
Total Equity and Debt	552 000	587 000	589 000	1 771 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	880 000	890 000	2 622 000	0
Other Income	0	0	0	4 424 000
Revenue	880 000	890 000	2 622 000	4 424 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	561 000	372 000	698 000	986 000
Operating Profit	319 000	518 000	1 924 000	3 438 000
Financial Income	1 000	10 000	50 000	73 000
Financial Costs	0	1 000	0	13 000
Financial Balance	1 000	9 000	50 000	60 000
Dividends	0	0	0	0
Net Income	320 000	527 000	1 974 000	3 498 000

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	8 000	8 000	15 000	23 000
Total Tangible Assets	8 000	8 000	15 000	23 000
Total Fiancial Fixed Assets	17 000	17 000	0	0
Total Fixed Assets	25 000	25 000	15 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	350 000	259 000	539 000	937 000
Total Current Assets	528 000	562 000	573 000	1 748 000
Total Assets	552 000	587 000	589 000	1 771 000
Total Equity	−283 000	−143 000	−300 000	581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	135 000	6 000	157 000	90 000
Unpaid Taxes	0	23 000	31 000	0
Dividends	0	0	0	0
Other Current Debt	701 000	701 000	701 000	1 101 000
Total Current Debt	835 000	730 000	888 000	1 190 000
Total Equity and Debt	552 000	587 000	589 000	1 771 000

Financial indicators	2011	2010	2009	2008
Return on Equity	−113,07 %	−368,53 %	−658 %	602,07 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	36,25 %	58,2 %	73,38 %	77,71 %
Current Ratio	0,63	0,77	0,65	1,47
Quick Ratio	0,63	0,77	0,65	1,47
Equity Ratio	−0,51	−0,24	−0,51	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %