OLDERELV CAMPING Geir Johnsen

9143 SKIBOTN

Finances

Share Ownership

Return on Equity

18,69 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2004	2003	2002
Revenue	3 605 000	3 222 000	2 812 000
Net Income	568 000	449 000	347 000
Total Assets	3 994 000	3 446 000	3 540 000
Total Equity	3 039 000	2 472 000	2 509 000

Income (NOK)	2004	2003	2002
Revenue	3 605 000	3 222 000	2 812 000
Expenditure	3 010 000	2 727 000	2 406 000
Operating Profit	595 000	495 000	406 000
Financial Income	4 000	4 000	4 000
Financial Costs	31 000	50 000	63 000
Financial Balance	−27 000	−46 000	−59 000
Earnings Before Tax	568 000	449 000	347 000
Tax	0	0	0
Net Income	568 000	449 000	347 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	3 791 000	3 231 000	3 368 000
Total Current Assets	204 000	216 000	172 000
Total Assets	3 994 000	3 446 000	3 540 000
Total Retained Equity	3 039 000	2 472 000	0
Total Equity	3 039 000	2 472 000	2 509 000
Total Long-Term Debt	770 000	848 000	924 000
Total Current Debt	185 000	126 000	106 000
Total Equity and Debt	3 994 000	3 446 000	3 539 000

Cash flow (NOK)	2004	2003	2002
Sales Income	1 036 000	853 000	705 000
Other Income	2 569 000	2 369 000	2 107 000
Revenue	3 605 000	3 222 000	2 812 000
Cost of Goods Sold	563 000	484 000	445 000
Salary Costs	973 000	912 000	646 000
Depreciation	324 000	305 000	281 000
Impairment	0	0	0
Expenditure	3 010 000	2 727 000	2 406 000
Operating Profit	595 000	495 000	406 000
Financial Income	4 000	4 000	4 000
Financial Costs	31 000	50 000	63 000
Financial Balance	−27 000	−46 000	−59 000
Dividends	0	0	0
Net Income	568 000	449 000	347 000

Balance details (NOK)	2004	2003	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 623 000	3 033 000	0
Machinery and Plant Facilities	0	0	3 294 000
Fixtures	168 000	197 000	74 000
Total Tangible Assets	3 791 000	3 231 000	3 368 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 791 000	3 231 000	3 368 000
Stock	43 000	38 000	42 000
Total Investments	1 000	1 000	1 000
Cash, Bank	0	0	0
Total Current Assets	204 000	216 000	172 000
Total Assets	3 994 000	3 446 000	3 540 000
Total Equity	3 039 000	2 472 000	2 509 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	770 000	848 000	924 000
Creditors	86 000	22 000	28 000
Unpaid Taxes	1 000	1 000	2 000
Dividends	0	0	0
Other Current Debt	98 000	103 000	76 000
Total Current Debt	185 000	126 000	106 000
Total Equity and Debt	3 994 000	3 446 000	3 539 000

Financial indicators	2004	2003	2002
Return on Equity	18,69 %	18,16 %	13,83 %
Debt-to-Equity Ratio	0,25	0,34	0,37
Operating Profit Margin	16,5 %	15,36 %	14,44 %
Current Ratio	1,1	1,71	1,62
Quick Ratio	1,44	2,45	2,69
Equity Ratio	0,76	0,72	0,71
Gross Profit Margin	84,38 %	84,98 %	84,17 %