TOTEN HÅNDBALLKLUBB

Share Ownership

Return on Equity

−139,94 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2004	2003	2002
Revenue	1 690 000	822 000	1 470 000
Net Income	494 000	0	540 000
Total Assets	162 000	33 000	218 000
Total Equity	−353 000	−847 000	−828 000

Income (NOK)	2004	2003	2002
Revenue	1 690 000	822 000	1 470 000
Expenditure	1 257 000	778 000	857 000
Operating Profit	501 000	44 000	587 000
Financial Income	0	0	20 000
Financial Costs	7 000	63 000	67 000
Financial Balance	−7 000	−63 000	−47 000
Earnings Before Tax	494 000	−18 000	540 000
Tax	0	0	0
Net Income	494 000	0	540 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	50 000	50 000	50 000
Total Current Assets	112 000	−17 000	168 000
Total Assets	162 000	33 000	218 000
Total Retained Equity	−353 000	−847 000	−828 000
Total Equity	−353 000	−847 000	−828 000
Total Long-Term Debt	237 000	761 000	699 000
Total Current Debt	278 000	119 000	347 000
Total Equity and Debt	162 000	33 000	218 000

Cash flow (NOK)	2004	2003	2002
Sales Income	429 000	517 000	0
Other Income	1 261 000	305 000	1 470 000
Revenue	1 690 000	822 000	1 470 000
Cost of Goods Sold	237 000	0	0
Salary Costs	472 000	19 000	57 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 257 000	778 000	857 000
Operating Profit	501 000	44 000	587 000
Financial Income	0	0	20 000
Financial Costs	7 000	63 000	67 000
Financial Balance	−7 000	−63 000	−47 000
Dividends	0	0	0
Net Income	494 000	0	540 000

Balance details (NOK)	2004	2003	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	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	50 000
Total Fixed Assets	50 000	50 000	50 000
Stock	72 000	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	112 000	−17 000	168 000
Total Assets	162 000	33 000	218 000
Total Equity	−353 000	−847 000	−828 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	237 000	761 000	699 000
Creditors	150 000	51 000	44 000
Unpaid Taxes	27 000	6 000	19 000
Dividends	0	0	0
Other Current Debt	4 000	−13 000	183 000
Total Current Debt	278 000	119 000	347 000
Total Equity and Debt	162 000	33 000	218 000

Financial indicators	2004	2003	2002
Return on Equity	−139,94 %	−0 %	−65,22 %
Debt-to-Equity Ratio	−0,67	−0,9	−0,84
Operating Profit Margin	29,64 %	5,35 %	39,93 %
Current Ratio	0,4	−0,14	0,48
Quick Ratio	0,54	−0,14	0,48
Equity Ratio	−2,18	−25,67	−3,8
Gross Profit Margin	85,98 %	100 %	100 %