MÅRNES VÅG VANNVERK SA

8130 SANDHORNØY

Finances

Share Ownership

Return on Equity

−36,59 %

Current Ratio

8,95

Debt-to-Equity Ratio

Key figures (NOK)	2012	2011	2010	2009
Revenue	163 000	163 000	172 000	150 000
Net Income	−101 000	−18 000	−17 000	41 000
Total Assets	298 000	326 000	337 000	339 000
Total Equity	276 000	308 000	325 000	302 000

Income (NOK)	2012	2011	2010	2009
Revenue	163 000	163 000	172 000	150 000
Expenditure	230 000	184 000	191 000	114 000
Operating Profit	−103 000	−20 000	−20 000	36 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	5 000
Earnings Before Tax	−101 000	−18 000	−17 000	41 000
Tax	0	0	0	0
Net Income	−101 000	−18 000	−17 000	41 000

Balance (NOK)	2012	2011	2010	2009
Total Fixed Assets	110 000	138 000	166 000	85 000
Total Current Assets	188 000	189 000	170 000	254 000
Total Assets	298 000	326 000	337 000	339 000
Total Retained Equity	−314 000	−213 000	−196 000	−179 000
Total Equity	276 000	308 000	325 000	302 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 000	19 000	11 000	37 000
Total Equity and Debt	298 000	326 000	337 000	339 000

Cash flow (NOK)	2012	2011	2010	2009
Sales Income	162 000	163 000	172 000	150 000
Other Income	2 000	0	0	0
Revenue	163 000	163 000	172 000	150 000
Cost of Goods Sold	57 000	3 000	23 000	0
Salary Costs	11 000	18 000	25 000	−2 000
Depreciation	28 000	28 000	28 000	17 000
Impairment	0	0	0	0
Expenditure	230 000	184 000	191 000	114 000
Operating Profit	−103 000	−20 000	−20 000	36 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	5 000
Dividends	0	0	0	0
Net Income	−101 000	−18 000	−17 000	41 000

Balance details (NOK)	2012	2011	2010	2009
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	110 000	0	0	0
Machinery and Plant Facilities	0	138 000	166 000	85 000
Fixtures	0	0	0	0
Total Tangible Assets	110 000	138 000	166 000	85 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 000	138 000	166 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	149 000	158 000	243 000
Total Current Assets	188 000	189 000	170 000	254 000
Total Assets	298 000	326 000	337 000	339 000
Total Equity	276 000	308 000	325 000	302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	−1 000	13 000	21 000
Unpaid Taxes	3 000	16 000	−4 000	16 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	2 000	0
Total Current Debt	21 000	19 000	11 000	37 000
Total Equity and Debt	298 000	326 000	337 000	339 000

Financial indicators	2012	2011	2010	2009
Return on Equity	−36,59 %	−5,84 %	−5,23 %	13,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−63,19 %	−12,27 %	−11,63 %	24 %
Current Ratio	8,95	9,95	15,45	6,86
Quick Ratio	8,95	9,95	15,45	6,86
Equity Ratio	0,93	0,94	0,96	0,89
Gross Profit Margin	65,03 %	98,16 %	86,63 %	100 %