TELEMARK LANDBRUKSSELSKAP

3721 SKIEN

Finances

Return on Equity

−3,22 %

Current Ratio

97,24

Debt-to-Equity Ratio

Key figures (NOK)	2007	2006	2005	2003
Revenue	447 000	3 625 000	578 000	587 000
Net Income	−135 000	2 248 000	−7 000	118 000
Total Assets	4 232 000	4 541 000	2 147 000	2 615 000
Total Equity	4 194 000	4 329 000	2 081 000	2 359 000

Income (NOK)	2007	2006	2005	2003
Revenue	447 000	3 625 000	578 000	587 000
Expenditure	712 000	1 436 000	618 000	552 000
Operating Profit	−265 000	2 189 000	−39 000	35 000
Financial Income	158 000	59 000	32 000	83 000
Financial Costs	29 000	0	0	0
Financial Balance	129 000	59 000	32 000	83 000
Earnings Before Tax	−135 000	2 248 000	−7 000	118 000
Tax	0	0	0	0
Net Income	−135 000	2 248 000	−7 000	118 000

Balance (NOK)	2007	2006	2005	2003
Total Fixed Assets	537 000	784 000	542 000	855 000
Total Current Assets	3 695 000	3 757 000	1 605 000	1 760 000
Total Assets	4 232 000	4 541 000	2 147 000	2 615 000
Total Retained Equity	4 102 000	4 253 000	2 011 000	2 290 000
Total Equity	4 194 000	4 329 000	2 081 000	2 359 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 000	212 000	66 000	255 000
Total Equity and Debt	4 232 000	4 541 000	2 147 000	2 615 000

Cash flow (NOK)	2007	2006	2005	2003
Sales Income	0	0	0	328 000
Other Income	447 000	3 625 000	578 000	259 000
Revenue	447 000	3 625 000	578 000	587 000
Cost of Goods Sold	0	0	0	0
Salary Costs	325 000	320 000	171 000	156 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	712 000	1 436 000	618 000	552 000
Operating Profit	−265 000	2 189 000	−39 000	35 000
Financial Income	158 000	59 000	32 000	83 000
Financial Costs	29 000	0	0	0
Financial Balance	129 000	59 000	32 000	83 000
Dividends	0	0	0	0
Net Income	−135 000	2 248 000	−7 000	118 000

Balance details (NOK)	2007	2006	2005	2003
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	234 000	249 000	314 000	344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	234 000	249 000	314 000	344 000
Total Fiancial Fixed Assets	303 000	535 000	228 000	511 000
Total Fixed Assets	537 000	784 000	542 000	855 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 639 000	0	0	0
Total Current Assets	3 695 000	3 757 000	1 605 000	1 760 000
Total Assets	4 232 000	4 541 000	2 147 000	2 615 000
Total Equity	4 194 000	4 329 000	2 081 000	2 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	28 000	57 000	24 000	50 000
Dividends	0	0	0	0
Other Current Debt	10 000	155 000	42 000	205 000
Total Current Debt	38 000	212 000	66 000	255 000
Total Equity and Debt	4 232 000	4 541 000	2 147 000	2 615 000

Financial indicators	2007	2006	2005	2003
Return on Equity	−3,22 %	51,93 %	−0,34 %	5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−59,28 %	60,39 %	−6,75 %	5,96 %
Current Ratio	97,24	17,72	24,32	6,9
Quick Ratio	97,24	17,72	24,32	6,9
Equity Ratio	0,99	0,95	0,97	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %