KVARSTEIN GARTNERI OG HAGESENTER ANS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

7,6 %

Current Ratio

4,86

Debt-to-Equity Ratio

−2,37

Key figures (NOK)	2013	2012	2011
Revenue	982 000	5 580 000	5 103 000
Net Income	−293 000	−728 000	−1 514 000
Total Assets	5 418 000	7 022 000	8 809 000
Total Equity	−3 857 000	−3 564 000	−2 836 000

Income (NOK)	2013	2012	2011
Revenue	982 000	5 580 000	5 103 000
Expenditure	686 000	5 823 000	6 433 000
Operating Profit	296 000	−243 000	−1 167 000
Financial Income	0	0	0
Financial Costs	589 000	484 000	347 000
Financial Balance	−589 000	−484 000	−347 000
Earnings Before Tax	−293 000	−727 000	−1 514 000
Tax	0	0	0
Net Income	−293 000	−728 000	−1 514 000

Balance (NOK)	2013	2012	2011
Total Fixed Assets	4 747 000	4 877 000	5 067 000
Total Current Assets	671 000	2 145 000	3 742 000
Total Assets	5 418 000	7 022 000	8 809 000
Total Retained Equity	−3 857 000	−3 564 000	−2 836 000
Total Equity	−3 857 000	−3 564 000	−2 836 000
Total Long-Term Debt	9 136 000	9 124 000	6 869 000
Total Current Debt	138 000	1 462 000	4 777 000
Total Equity and Debt	5 418 000	7 022 000	8 809 000

Cash flow (NOK)	2013	2012	2011
Sales Income	7 000	5 580 000	5 019 000
Other Income	975 000	0	84 000
Revenue	982 000	5 580 000	5 103 000
Cost of Goods Sold	−16 000	3 061 000	3 389 000
Salary Costs	117 000	1 363 000	1 362 000
Depreciation	56 000	78 000	264 000
Impairment	0	0	0
Expenditure	686 000	5 823 000	6 433 000
Operating Profit	296 000	−243 000	−1 167 000
Financial Income	0	0	0
Financial Costs	589 000	484 000	347 000
Financial Balance	−589 000	−484 000	−347 000
Dividends	0	0	0
Net Income	−293 000	−728 000	−1 514 000

Balance details (NOK)	2013	2012	2011
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 744 000	4 799 000	4 392 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	78 000	564 000
Total Tangible Assets	4 744 000	4 877 000	4 956 000
Total Fiancial Fixed Assets	4 000	0	111 000
Total Fixed Assets	4 747 000	4 877 000	5 067 000
Stock	0	1 903 000	2 030 000
Total Investments	0	111 000	0
Cash, Bank	0	30 000	39 000
Total Current Assets	671 000	2 145 000	3 742 000
Total Assets	5 418 000	7 022 000	8 809 000
Total Equity	−3 857 000	−3 564 000	−2 836 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	9 136 000	9 124 000	6 869 000
Creditors	105 000	687 000	3 043 000
Unpaid Taxes	0	61 000	109 000
Dividends	0	0	0
Other Current Debt	49 000	246 000	1 424 000
Total Current Debt	138 000	1 462 000	4 777 000
Total Equity and Debt	5 418 000	7 022 000	8 809 000

Financial indicators	2013	2012	2011
Return on Equity	7,6 %	20,43 %	53,39 %
Debt-to-Equity Ratio	−2,37	−2,56	−2,42
Operating Profit Margin	30,14 %	−4,35 %	−22,87 %
Current Ratio	4,86	1,47	0,78
Quick Ratio	4,86	−4,86	1,36
Equity Ratio	−0,71	−0,51	−0,32
Gross Profit Margin	101,63 %	45,14 %	33,59 %