FØLLING GRENDEHUS SA

7732 STEINKJER

Finances

Share Ownership

Return on Equity

−7,51 %

Current Ratio

1,06

Debt-to-Equity Ratio

−1

Key figures (NOK)	2005	2004	2003
Revenue	225 000	233 000	215 000
Net Income	26 000	28 000	−26 000
Total Assets	18 000	31 000	48 000
Total Equity	−346 000	−372 000	−400 000

Income (NOK)	2005	2004	2003
Revenue	225 000	233 000	215 000
Expenditure	183 000	188 000	216 000
Operating Profit	41 000	45 000	0
Financial Income	0	0	4 000
Financial Costs	15 000	17 000	30 000
Financial Balance	−15 000	−17 000	−26 000
Earnings Before Tax	26 000	28 000	−26 000
Tax	0	0	0
Net Income	26 000	28 000	−26 000

Balance (NOK)	2005	2004	2003
Total Fixed Assets	0	0	0
Total Current Assets	18 000	31 000	48 000
Total Assets	18 000	31 000	48 000
Total Retained Equity	−346 000	−372 000	−400 000
Total Equity	−346 000	−372 000	−400 000
Total Long-Term Debt	347 000	388 000	426 000
Total Current Debt	17 000	15 000	22 000
Total Equity and Debt	18 000	31 000	48 000

Cash flow (NOK)	2005	2004	2003
Sales Income	48 000	78 000	89 000
Other Income	177 000	155 000	125 000
Revenue	225 000	233 000	215 000
Cost of Goods Sold	28 000	37 000	51 000
Salary Costs	39 000	36 000	45 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	183 000	188 000	216 000
Operating Profit	41 000	45 000	0
Financial Income	0	0	4 000
Financial Costs	15 000	17 000	30 000
Financial Balance	−15 000	−17 000	−26 000
Dividends	0	0	0
Net Income	26 000	28 000	−26 000

Balance details (NOK)	2005	2004	2003
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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	18 000	31 000	48 000
Total Assets	18 000	31 000	48 000
Total Equity	−346 000	−372 000	−400 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	347 000	388 000	426 000
Creditors	9 000	12 000	12 000
Unpaid Taxes	1 000	0	2 000
Dividends	0	0	0
Other Current Debt	6 000	3 000	8 000
Total Current Debt	17 000	15 000	22 000
Total Equity and Debt	18 000	31 000	48 000

Financial indicators	2005	2004	2003
Return on Equity	−7,51 %	−7,53 %	6,5 %
Debt-to-Equity Ratio	−1	−1,04	−1,07
Operating Profit Margin	18,22 %	19,31 %	0 %
Current Ratio	1,06	2,07	2,18
Quick Ratio	1,06	2,07	2,18
Equity Ratio	−19,22	−12	−8,33
Gross Profit Margin	87,56 %	84,12 %	76,28 %