NORGES VANNSKI- OG WAKEBOARD FORBUND

0854 OSLO

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2006	2005	2002
Revenue	1 373 000	1 559 000	728 000
Net Income	8 000	22 000	50 000
Total Assets	211 000	188 000	38 000
Total Equity	0	−7 000	−176 000

Income (NOK)	2006	2005	2002
Revenue	1 373 000	1 559 000	728 000
Expenditure	1 368 000	1 546 000	678 000
Operating Profit	5 000	13 000	50 000
Financial Income	12 000	9 000	4 000
Financial Costs	9 000	0	4 000
Financial Balance	3 000	9 000	0
Earnings Before Tax	8 000	22 000	50 000
Tax	0	0	0
Net Income	8 000	22 000	50 000

Balance (NOK)	2006	2005	2002
Total Fixed Assets	0	0	8 000
Total Current Assets	211 000	188 000	30 000
Total Assets	211 000	188 000	38 000
Total Retained Equity	0	−7 000	−176 000
Total Equity	0	−7 000	−176 000
Total Long-Term Debt	0	0	0
Total Current Debt	211 000	196 000	214 000
Total Equity and Debt	211 000	188 000	38 000

Cash flow (NOK)	2006	2005	2002
Sales Income	114 000	0	0
Other Income	1 259 000	1 559 000	728 000
Revenue	1 373 000	1 559 000	728 000
Cost of Goods Sold	0	0	0
Salary Costs	237 000	58 000	92 000
Depreciation	0	0	3 000
Impairment	0	0	0
Expenditure	1 368 000	1 546 000	678 000
Operating Profit	5 000	13 000	50 000
Financial Income	12 000	9 000	4 000
Financial Costs	9 000	0	4 000
Financial Balance	3 000	9 000	0
Dividends	0	0	0
Net Income	8 000	22 000	50 000

Balance details (NOK)	2006	2005	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	8 000
Total Tangible Assets	0	0	8 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	8 000
Stock	8 000	8 000	8 000
Total Investments	10 000	10 000	10 000
Cash, Bank	0	0	0
Total Current Assets	211 000	188 000	30 000
Total Assets	211 000	188 000	38 000
Total Equity	0	−7 000	−176 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	158 000	169 000	86 000
Unpaid Taxes	45 000	0	3 000
Dividends	0	0	0
Other Current Debt	9 000	26 000	0
Total Current Debt	211 000	196 000	214 000
Total Equity and Debt	211 000	188 000	38 000

Financial indicators	2006	2005	2002
Return on Equity	-	−314,29 %	−28,41 %
Debt-to-Equity Ratio	-	−0	−0
Operating Profit Margin	0,36 %	0,83 %	6,87 %
Current Ratio	1	0,96	0,14
Quick Ratio	1,04	1	0,15
Equity Ratio	0	−0,04	−4,63
Gross Profit Margin	100 %	100 %	100 %