OLAV BEISLAND

4841 ARENDAL

Finances

Share Ownership

Return on Equity

−4,14 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2007	2006	2005	2004
Revenue	19 029 000	18 543 000	20 960 000	23 651 000
Net Income	−526 000	490 000	793 000	1 189 000
Total Assets	26 665 000	26 802 000	28 548 000	29 195 000
Total Equity	12 712 000	12 428 000	14 702 000	15 429 000

Income (NOK)	2007	2006	2005	2004
Revenue	19 029 000	18 543 000	20 960 000	23 651 000
Expenditure	19 555 000	18 527 000	20 767 000	22 502 000
Operating Profit	−526 000	16 000	193 000	1 149 000
Financial Income	818 000	1 522 000	1 007 000	418 000
Financial Costs	818 000	1 048 000	407 000	378 000
Financial Balance	0	474 000	600 000	40 000
Earnings Before Tax	−526 000	490 000	793 000	1 189 000
Tax	0	0	0	0
Net Income	−526 000	490 000	793 000	1 189 000

Balance (NOK)	2007	2006	2005	2004
Total Fixed Assets	19 225 000	19 612 000	20 208 000	20 537 000
Total Current Assets	7 439 000	7 190 000	8 340 000	8 658 000
Total Assets	26 665 000	26 802 000	28 548 000	29 195 000
Total Retained Equity	0	0	0	15 429 000
Total Equity	12 712 000	12 428 000	14 702 000	15 429 000
Total Long-Term Debt	10 174 000	10 780 000	10 382 000	10 724 000
Total Current Debt	3 778 000	3 594 000	3 465 000	3 042 000
Total Equity and Debt	26 665 000	26 802 000	28 548 000	29 195 000

Cash flow (NOK)	2007	2006	2005	2004
Sales Income	17 609 000	17 170 000	19 703 000	22 134 000
Other Income	1 420 000	1 373 000	1 256 000	1 517 000
Revenue	19 029 000	18 543 000	20 960 000	23 651 000
Cost of Goods Sold	14 214 000	13 520 000	15 381 000	17 259 000
Salary Costs	3 069 000	3 127 000	3 189 000	2 835 000
Depreciation	351 000	373 000	422 000	780 000
Impairment	0	0	0	0
Expenditure	19 555 000	18 527 000	20 767 000	22 502 000
Operating Profit	−526 000	16 000	193 000	1 149 000
Financial Income	818 000	1 522 000	1 007 000	418 000
Financial Costs	818 000	1 048 000	407 000	378 000
Financial Balance	0	474 000	600 000	40 000
Dividends	0	0	0	0
Net Income	−526 000	490 000	793 000	1 189 000

Balance details (NOK)	2007	2006	2005	2004
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 934 000	14 201 000	14 515 000	14 725 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	278 000	347 000	434 000	542 000
Total Tangible Assets	14 211 000	14 548 000	14 948 000	15 267 000
Total Fiancial Fixed Assets	5 014 000	5 064 000	5 260 000	5 270 000
Total Fixed Assets	19 225 000	19 612 000	20 208 000	20 537 000
Stock	1 380 000	1 281 000	1 346 000	1 278 000
Total Investments	0	0	352 000	340 000
Cash, Bank	5 928 000	0	0	0
Total Current Assets	7 439 000	7 190 000	8 340 000	8 658 000
Total Assets	26 665 000	26 802 000	28 548 000	29 195 000
Total Equity	12 712 000	12 428 000	14 702 000	15 429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 174 000	10 780 000	10 382 000	10 724 000
Creditors	143 000	478 000	148 000	454 000
Unpaid Taxes	232 000	242 000	192 000	156 000
Dividends	0	0	0	0
Other Current Debt	525 000	633 000	504 000	548 000
Total Current Debt	3 778 000	3 594 000	3 465 000	3 042 000
Total Equity and Debt	26 665 000	26 802 000	28 548 000	29 195 000

Financial indicators	2007	2006	2005	2004
Return on Equity	−4,14 %	3,94 %	5,39 %	7,71 %
Debt-to-Equity Ratio	0,8	0,87	0,71	0,7
Operating Profit Margin	−2,76 %	0,09 %	0,92 %	4,86 %
Current Ratio	1,97	2	2,41	2,85
Quick Ratio	3,1	3,11	3,94	4,91
Equity Ratio	0,48	0,46	0,51	0,53
Gross Profit Margin	25,3 %	27,09 %	26,62 %	27,03 %