BJØRGENE GRENDAHUS SA

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

−1,56 %

Current Ratio

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2005	2004	2003	2002
Revenue	961 000	845 000	857 000	949 000
Net Income	−61 000	44 000	−6 000	−18 000
Total Assets	6 390 000	6 723 000	6 958 000	7 240 000
Total Equity	3 911 000	3 972 000	3 928 000	3 935 000

Income (NOK)	2005	2004	2003	2002
Revenue	961 000	845 000	857 000	949 000
Expenditure	987 000	740 000	747 000	832 000
Operating Profit	−25 000	106 000	110 000	117 000
Financial Income	0	0	0	0
Financial Costs	35 000	62 000	117 000	135 000
Financial Balance	−35 000	−62 000	−117 000	−135 000
Earnings Before Tax	−61 000	44 000	−6 000	−18 000
Tax	0	0	0	0
Net Income	−61 000	44 000	−6 000	−18 000

Balance (NOK)	2005	2004	2003	2002
Total Fixed Assets	6 204 000	6 516 000	6 827 000	7 169 000
Total Current Assets	186 000	207 000	130 000	71 000
Total Assets	6 390 000	6 723 000	6 958 000	7 240 000
Total Retained Equity	3 911 000	3 972 000	3 928 000	3 935 000
Total Equity	3 911 000	3 972 000	3 928 000	3 935 000
Total Long-Term Debt	2 476 000	2 748 000	3 020 000	3 292 000
Total Current Debt	3 000	3 000	9 000	12 000
Total Equity and Debt	6 390 000	6 723 000	6 958 000	7 239 000

Cash flow (NOK)	2005	2004	2003	2002
Sales Income	0	0	0	0
Other Income	961 000	845 000	857 000	0
Revenue	961 000	845 000	857 000	949 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	312 000	312 000	341 000	340 000
Impairment	0	0	0	0
Expenditure	987 000	740 000	747 000	832 000
Operating Profit	−25 000	106 000	110 000	117 000
Financial Income	0	0	0	0
Financial Costs	35 000	62 000	117 000	135 000
Financial Balance	−35 000	−62 000	−117 000	−135 000
Dividends	0	0	0	0
Net Income	−61 000	44 000	−6 000	−18 000

Balance details (NOK)	2005	2004	2003	2002
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 969 000	6 203 000	6 436 000	6 680 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	313 000	391 000	489 000
Total Tangible Assets	6 204 000	6 516 000	6 827 000	7 169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 204 000	6 516 000	6 827 000	7 169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	186 000	207 000	130 000	71 000
Total Assets	6 390 000	6 723 000	6 958 000	7 240 000
Total Equity	3 911 000	3 972 000	3 928 000	3 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 476 000	2 748 000	3 020 000	3 292 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	9 000	12 000
Total Current Debt	3 000	3 000	9 000	12 000
Total Equity and Debt	6 390 000	6 723 000	6 958 000	7 239 000

Financial indicators	2005	2004	2003	2002
Return on Equity	−1,56 %	1,11 %	−0,15 %	−0,46 %
Debt-to-Equity Ratio	0,63	0,69	0,77	0,84
Operating Profit Margin	−2,6 %	12,54 %	12,84 %	12,33 %
Current Ratio	62	69	14,44	5,92
Quick Ratio	62	69	14,44	5,92
Equity Ratio	0,61	0,59	0,56	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %