ARENDALS TURNFORENING

4848 ARENDAL

Finances

Return on Equity

74,59 %

Current Ratio

14,6

Debt-to-Equity Ratio

Key figures (NOK)	2013	2012	2011	2010
Revenue	6 096 000	1 888 000	1 524 000	1 422 000
Net Income	3 726 000	227 000	158 000	164 000
Total Assets	5 188 000	4 436 000	1 236 000	1 070 000
Total Equity	4 995 000	1 269 000	1 041 000	884 000

Income (NOK)	2013	2012	2011	2010
Revenue	6 096 000	1 888 000	1 524 000	1 422 000
Expenditure	2 324 000	1 627 000	1 377 000	1 260 000
Operating Profit	3 772 000	261 000	147 000	162 000
Financial Income	63 000	27 000	11 000	2 000
Financial Costs	110 000	60 000	0	0
Financial Balance	−47 000	−33 000	11 000	2 000
Earnings Before Tax	3 726 000	227 000	158 000	164 000
Tax	0	0	0	0
Net Income	3 726 000	227 000	158 000	164 000

Balance (NOK)	2013	2012	2011	2010
Total Fixed Assets	2 370 000	3 029 000	215 000	206 000
Total Current Assets	2 818 000	1 407 000	1 020 000	864 000
Total Assets	5 188 000	4 436 000	1 236 000	1 070 000
Total Retained Equity	4 995 000	1 269 000	1 041 000	884 000
Total Equity	4 995 000	1 269 000	1 041 000	884 000
Total Long-Term Debt	0	3 000 000	0	0
Total Current Debt	193 000	167 000	194 000	186 000
Total Equity and Debt	5 188 000	4 436 000	1 236 000	1 070 000

Cash flow (NOK)	2013	2012	2011	2010
Sales Income	1 642 000	1 034 000	944 000	822 000
Other Income	4 454 000	855 000	580 000	599 000
Revenue	6 096 000	1 888 000	1 524 000	1 422 000
Cost of Goods Sold	167 000	138 000	290 000	152 000
Salary Costs	878 000	603 000	395 000	412 000
Depreciation	594 000	284 000	40 000	37 000
Impairment	0	0	0	0
Expenditure	2 324 000	1 627 000	1 377 000	1 260 000
Operating Profit	3 772 000	261 000	147 000	162 000
Financial Income	63 000	27 000	11 000	2 000
Financial Costs	110 000	60 000	0	0
Financial Balance	−47 000	−33 000	11 000	2 000
Dividends	0	0	0	0
Net Income	3 726 000	227 000	158 000	164 000

Balance details (NOK)	2013	2012	2011	2010
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	66 000	68 000	71 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 370 000	2 963 000	147 000	135 000
Total Tangible Assets	2 370 000	3 029 000	215 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 370 000	3 029 000	215 000	206 000
Stock	0	0	0	0
Total Investments	490 000	490 000	0	0
Cash, Bank	2 311 000	584 000	1 007 000	851 000
Total Current Assets	2 818 000	1 407 000	1 020 000	864 000
Total Assets	5 188 000	4 436 000	1 236 000	1 070 000
Total Equity	4 995 000	1 269 000	1 041 000	884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000 000	0	0
Creditors	6 000	4 000	64 000	20 000
Unpaid Taxes	147 000	101 000	31 000	60 000
Dividends	0	0	0	0
Other Current Debt	41 000	62 000	100 000	106 000
Total Current Debt	193 000	167 000	194 000	186 000
Total Equity and Debt	5 188 000	4 436 000	1 236 000	1 070 000

Financial indicators	2013	2012	2011	2010
Return on Equity	74,59 %	17,89 %	15,18 %	18,55 %
Debt-to-Equity Ratio	0	2,36	0	0
Operating Profit Margin	61,88 %	13,82 %	9,65 %	11,39 %
Current Ratio	14,6	8,43	5,26	4,65
Quick Ratio	14,6	8,43	5,26	4,65
Equity Ratio	0,96	0,29	0,84	0,83
Gross Profit Margin	97,26 %	92,69 %	80,97 %	89,31 %