KARLSRUD SKOLES MUSIKKORPS

1185 OSLO

Finances

Share Ownership

Return on Equity

26,67 %

Current Ratio

5,35

Debt-to-Equity Ratio

Key figures (NOK)	2007	2006	2002
Revenue	367 000	214 000	294 000
Net Income	80 000	43 000	22 000
Total Assets	369 000	283 000	196 000
Total Equity	300 000	220 000	137 000

Income (NOK)	2007	2006	2002
Revenue	367 000	214 000	294 000
Expenditure	288 000	172 000	278 000
Operating Profit	79 000	42 000	16 000
Financial Income	1 000	1 000	6 000
Financial Costs	0	0	0
Financial Balance	1 000	1 000	6 000
Earnings Before Tax	80 000	43 000	22 000
Tax	0	0	0
Net Income	80 000	43 000	22 000

Balance (NOK)	2007	2006	2002
Total Fixed Assets	0	0	0
Total Current Assets	369 000	283 000	196 000
Total Assets	369 000	283 000	196 000
Total Retained Equity	300 000	220 000	137 000
Total Equity	300 000	220 000	137 000
Total Long-Term Debt	0	0	0
Total Current Debt	69 000	64 000	59 000
Total Equity and Debt	369 000	283 000	196 000

Cash flow (NOK)	2007	2006	2002
Sales Income	136 000	152 000	0
Other Income	232 000	62 000	294 000
Revenue	367 000	214 000	294 000
Cost of Goods Sold	0	20 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	288 000	172 000	278 000
Operating Profit	79 000	42 000	16 000
Financial Income	1 000	1 000	6 000
Financial Costs	0	0	0
Financial Balance	1 000	1 000	6 000
Dividends	0	0	0
Net Income	80 000	43 000	22 000

Balance details (NOK)	2007	2006	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	346 000	0	0
Total Current Assets	369 000	283 000	196 000
Total Assets	369 000	283 000	196 000
Total Equity	300 000	220 000	137 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	6 000	6 000	59 000
Dividends	0	0	0
Other Current Debt	63 000	58 000	0
Total Current Debt	69 000	64 000	59 000
Total Equity and Debt	369 000	283 000	196 000

Financial indicators	2007	2006	2002
Return on Equity	26,67 %	19,55 %	16,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	21,53 %	19,63 %	5,44 %
Current Ratio	5,35	4,42	3,32
Quick Ratio	5,35	4,42	3,32
Equity Ratio	0,81	0,78	0,7
Gross Profit Margin	100 %	90,65 %	100 %