TOBAGO EXPERTEN v/ Stein Foss

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

9,38 %

Current Ratio

52,96

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2004	2002	2001
Revenue	487 000	1 931 000	2 896 000
Net Income	325 000	1 003 000	882 000
Total Assets	6 356 000	5 183 000	3 923 000
Total Equity	3 466 000	3 785 000	2 811 000

Income (NOK)	2004	2002	2001
Revenue	487 000	1 931 000	2 896 000
Expenditure	287 000	1 203 000	2 347 000
Operating Profit	200 000	728 000	549 000
Financial Income	209 000	389 000	493 000
Financial Costs	84 000	114 000	160 000
Financial Balance	125 000	275 000	333 000
Earnings Before Tax	325 000	1 003 000	882 000
Tax	0	0	0
Net Income	325 000	1 003 000	882 000

Balance (NOK)	2004	2002	2001
Total Fixed Assets	4 926 000	3 620 000	3 820 000
Total Current Assets	1 430 000	1 563 000	103 000
Total Assets	6 356 000	5 183 000	3 923 000
Total Retained Equity	3 466 000	3 785 000	2 811 000
Total Equity	3 466 000	3 785 000	2 811 000
Total Long-Term Debt	2 863 000	1 149 000	691 000
Total Current Debt	27 000	249 000	421 000
Total Equity and Debt	6 356 000	5 183 000	3 923 000

Cash flow (NOK)	2004	2002	2001
Sales Income	453 000	1 847 000	2 859 000
Other Income	34 000	84 000	37 000
Revenue	487 000	1 931 000	2 896 000
Cost of Goods Sold	162 000	0	160 000
Salary Costs	0	681 000	1 076 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	287 000	1 203 000	2 347 000
Operating Profit	200 000	728 000	549 000
Financial Income	209 000	389 000	493 000
Financial Costs	84 000	114 000	160 000
Financial Balance	125 000	275 000	333 000
Dividends	0	0	0
Net Income	325 000	1 003 000	882 000

Balance details (NOK)	2004	2002	2001
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 926 000	3 620 000	3 820 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 926 000	3 620 000	3 820 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 926 000	3 620 000	3 820 000
Stock	0	0	0
Total Investments	428 000	0	0
Cash, Bank	0	0	0
Total Current Assets	1 430 000	1 563 000	103 000
Total Assets	6 356 000	5 183 000	3 923 000
Total Equity	3 466 000	3 785 000	2 811 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 863 000	1 149 000	691 000
Creditors	0	137 000	168 000
Unpaid Taxes	0	3 000	139 000
Dividends	0	0	0
Other Current Debt	27 000	109 000	114 000
Total Current Debt	27 000	249 000	421 000
Total Equity and Debt	6 356 000	5 183 000	3 923 000

Financial indicators	2004	2002	2001
Return on Equity	9,38 %	26,5 %	31,38 %
Debt-to-Equity Ratio	0,83	0,3	0,25
Operating Profit Margin	41,07 %	37,7 %	18,96 %
Current Ratio	52,96	6,28	0,24
Quick Ratio	52,96	6,28	0,24
Equity Ratio	0,55	0,73	0,72
Gross Profit Margin	66,74 %	100 %	94,48 %