FORTIDSMINNEFORENINGEN HORDALAND AVDELING

5005 BERGEN

Finances

Share Ownership

Return on Equity

−31,22 %

Current Ratio

11,8

Debt-to-Equity Ratio

3,5

Key figures (NOK)	2010	2009	2008	2006
Revenue	1 324 000	787 000	2 379 000	488 000
Net Income	−69 000	−4 000	10 000	−1 000
Total Assets	1 086 000	1 905 000	953 000	560 000
Total Equity	221 000	290 000	294 000	310 000

Income (NOK)	2010	2009	2008	2006
Revenue	1 324 000	787 000	2 379 000	488 000
Expenditure	1 415 000	807 000	2 404 000	491 000
Operating Profit	−91 000	−20 000	−28 000	−7 000
Financial Income	22 000	16 000	39 000	6 000
Financial Costs	0	0	0	0
Financial Balance	22 000	16 000	39 000	6 000
Earnings Before Tax	−69 000	−4 000	10 000	−1 000
Tax	0	0	0	0
Net Income	−69 000	−4 000	10 000	−1 000

Balance (NOK)	2010	2009	2008	2006
Total Fixed Assets	0	0	0	1 000
Total Current Assets	1 086 000	1 904 000	953 000	560 000
Total Assets	1 086 000	1 905 000	953 000	560 000
Total Retained Equity	0	0	0	310 000
Total Equity	221 000	290 000	294 000	310 000
Total Long-Term Debt	773 000	1 544 000	536 000	171 000
Total Current Debt	92 000	70 000	122 000	79 000
Total Equity and Debt	1 086 000	1 905 000	953 000	560 000

Cash flow (NOK)	2010	2009	2008	2006
Sales Income	29 000	58 000	2 379 000	171 000
Other Income	1 294 000	729 000	0	316 000
Revenue	1 324 000	787 000	2 379 000	488 000
Cost of Goods Sold	4 000	4 000	0	0
Salary Costs	233 000	302 000	353 000	217 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 415 000	807 000	2 404 000	491 000
Operating Profit	−91 000	−20 000	−28 000	−7 000
Financial Income	22 000	16 000	39 000	6 000
Financial Costs	0	0	0	0
Financial Balance	22 000	16 000	39 000	6 000
Dividends	0	0	0	0
Net Income	−69 000	−4 000	10 000	−1 000

Balance details (NOK)	2010	2009	2008	2006
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	0	0	0	1 000
Stock	4 000	9 000	13 000	18 000
Total Investments	0	0	0	0
Cash, Bank	0	0	776 000	0
Total Current Assets	1 086 000	1 904 000	953 000	560 000
Total Assets	1 086 000	1 905 000	953 000	560 000
Total Equity	221 000	290 000	294 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	773 000	1 544 000	536 000	171 000
Creditors	0	23 000	69 000	14 000
Unpaid Taxes	17 000	15 000	53 000	0
Dividends	0	0	0	0
Other Current Debt	75 000	32 000	0	44 000
Total Current Debt	92 000	70 000	122 000	79 000
Total Equity and Debt	1 086 000	1 905 000	953 000	560 000

Financial indicators	2010	2009	2008	2006
Return on Equity	−31,22 %	−1,38 %	3,4 %	−0,32 %
Debt-to-Equity Ratio	3,5	5,32	1,82	0,55
Operating Profit Margin	−6,87 %	−2,54 %	−1,18 %	−1,43 %
Current Ratio	11,8	27,2	7,81	7,09
Quick Ratio	12,34	31,21	8,74	9,18
Equity Ratio	0,2	0,15	0,31	0,55
Gross Profit Margin	99,7 %	99,49 %	100 %	100 %