ARILDS GRILLBAR OG KIOSK Arild Olsen

8514 NARVIK

Finances

Share Ownership

Return on Equity

−102,15 %

Current Ratio

0,16

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2004	2003	2002
Revenue	4 347 000	4 488 000	4 631 000
Net Income	807 000	481 000	70 000
Total Assets	1 874 000	1 899 000	2 035 000
Total Equity	−790 000	−1 190 000	−1 232 000

Income (NOK)	2004	2003	2002
Revenue	4 347 000	4 488 000	4 631 000
Expenditure	3 313 000	3 696 000	4 188 000
Operating Profit	1 033 000	792 000	443 000
Financial Income	1 000	0	0
Financial Costs	227 000	311 000	373 000
Financial Balance	−226 000	−311 000	−373 000
Earnings Before Tax	807 000	481 000	70 000
Tax	0	0	0
Net Income	807 000	481 000	70 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	1 711 000	1 698 000	1 848 000
Total Current Assets	163 000	201 000	187 000
Total Assets	1 874 000	1 899 000	2 035 000
Total Retained Equity	−790 000	−1 190 000	−1 232 000
Total Equity	−790 000	−1 190 000	−1 232 000
Total Long-Term Debt	1 613 000	1 966 000	2 319 000
Total Current Debt	1 051 000	1 124 000	949 000
Total Equity and Debt	1 874 000	1 899 000	2 036 000

Cash flow (NOK)	2004	2003	2002
Sales Income	4 308 000	4 456 000	4 594 000
Other Income	38 000	32 000	37 000
Revenue	4 347 000	4 488 000	4 631 000
Cost of Goods Sold	1 868 000	1 978 000	2 192 000
Salary Costs	713 000	966 000	1 082 000
Depreciation	116 000	151 000	179 000
Impairment	0	0	0
Expenditure	3 313 000	3 696 000	4 188 000
Operating Profit	1 033 000	792 000	443 000
Financial Income	1 000	0	0
Financial Costs	227 000	311 000	373 000
Financial Balance	−226 000	−311 000	−373 000
Dividends	0	0	0
Net Income	807 000	481 000	70 000

Balance details (NOK)	2004	2003	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 419 000	1 489 000	1 601 000
Machinery and Plant Facilities	0	0	14 000
Fixtures	292 000	209 000	233 000
Total Tangible Assets	1 711 000	1 698 000	1 848 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 711 000	1 698 000	1 848 000
Stock	32 000	80 000	94 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	163 000	201 000	187 000
Total Assets	1 874 000	1 899 000	2 035 000
Total Equity	−790 000	−1 190 000	−1 232 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 613 000	1 966 000	2 319 000
Creditors	612 000	528 000	458 000
Unpaid Taxes	82 000	168 000	193 000
Dividends	0	0	0
Other Current Debt	181 000	256 000	127 000
Total Current Debt	1 051 000	1 124 000	949 000
Total Equity and Debt	1 874 000	1 899 000	2 036 000

Financial indicators	2004	2003	2002
Return on Equity	−102,15 %	−40,42 %	−5,68 %
Debt-to-Equity Ratio	−2,04	−1,65	−1,88
Operating Profit Margin	23,76 %	17,65 %	9,57 %
Current Ratio	0,16	0,18	0,2
Quick Ratio	0,16	0,19	0,22
Equity Ratio	−0,42	−0,63	−0,61
Gross Profit Margin	57,03 %	55,93 %	52,67 %