BÆRUMS VERK HAUGER IDRETTSFORENING

1349 RYKKINN

Finances

Share Ownership

Return on Equity

−39,81 %

Current Ratio

1,95

Debt-to-Equity Ratio

9,6

Key figures (NOK)	2004	2003	2002
Revenue	2 253 000	1 993 000	1 993 000
Net Income	−43 000	12 000	12 000
Total Assets	1 670 000	1 265 000	1 264 000
Total Equity	108 000	237 000	237 000

Income (NOK)	2004	2003	2002
Revenue	2 253 000	1 993 000	1 993 000
Expenditure	2 237 000	1 890 000	1 978 000
Operating Profit	16 000	102 000	12 000
Financial Income	0	0	0
Financial Costs	59 000	90 000	0
Financial Balance	−59 000	−90 000	0
Earnings Before Tax	−43 000	12 000	12 000
Tax	0	0	0
Net Income	−43 000	12 000	12 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	644 000	318 000	318 000
Total Current Assets	1 026 000	946 000	946 000
Total Assets	1 670 000	1 265 000	1 264 000
Total Retained Equity	108 000	237 000	237 000
Total Equity	108 000	237 000	237 000
Total Long-Term Debt	1 037 000	573 000	573 000
Total Current Debt	526 000	454 000	455 000
Total Equity and Debt	1 670 000	1 265 000	1 265 000

Cash flow (NOK)	2004	2003	2002
Sales Income	1 113 000	989 000	988 000
Other Income	1 140 000	1 005 000	424 000
Revenue	2 253 000	1 993 000	1 993 000
Cost of Goods Sold	192 000	178 000	178 000
Salary Costs	702 000	472 000	472 000
Depreciation	108 000	83 000	83 000
Impairment	0	0	0
Expenditure	2 237 000	1 890 000	1 978 000
Operating Profit	16 000	102 000	12 000
Financial Income	0	0	0
Financial Costs	59 000	90 000	0
Financial Balance	−59 000	−90 000	0
Dividends	0	0	0
Net Income	−43 000	12 000	12 000

Balance details (NOK)	2004	2003	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	553 000	193 000	0
Machinery and Plant Facilities	0	0	193 000
Fixtures	0	0	0
Total Tangible Assets	553 000	193 000	193 000
Total Fiancial Fixed Assets	91 000	125 000	125 000
Total Fixed Assets	644 000	318 000	318 000
Stock	17 000	16 000	16 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	1 026 000	946 000	946 000
Total Assets	1 670 000	1 265 000	1 264 000
Total Equity	108 000	237 000	237 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 037 000	573 000	573 000
Creditors	363 000	89 000	89 000
Unpaid Taxes	95 000	42 000	42 000
Dividends	0	0	0
Other Current Debt	68 000	324 000	283 000
Total Current Debt	526 000	454 000	455 000
Total Equity and Debt	1 670 000	1 265 000	1 265 000

Financial indicators	2004	2003	2002
Return on Equity	−39,81 %	5,06 %	5,06 %
Debt-to-Equity Ratio	9,6	2,42	2,42
Operating Profit Margin	0,71 %	5,12 %	0,6 %
Current Ratio	1,95	2,08	2,08
Quick Ratio	2,02	2,16	2,15
Equity Ratio	0,06	0,19	0,19
Gross Profit Margin	91,48 %	91,07 %	91,07 %