HARSTAD OG OPPLAND TRAVLAG

9402 HARSTAD

Finances

Share Ownership

Return on Equity

0,26 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2004	2003	2002
Revenue	271 000	362 000	329 000
Net Income	3 000	−61 000	81 000
Total Assets	1 258 000	1 281 000	1 297 000
Total Equity	1 153 000	1 150 000	1 211 000

Income (NOK)	2004	2003	2002
Revenue	271 000	362 000	329 000
Expenditure	289 000	454 000	266 000
Operating Profit	−19 000	−93 000	63 000
Financial Income	33 000	50 000	57 000
Financial Costs	1 000	0	0
Financial Balance	32 000	50 000	57 000
Earnings Before Tax	13 000	−44 000	120 000
Tax	10 000	18 000	39 000
Net Income	3 000	−61 000	81 000

Balance (NOK)	2004	2003	2002
Total Fixed Assets	1 108 000	1 102 000	853 000
Total Current Assets	150 000	179 000	444 000
Total Assets	1 258 000	1 281 000	1 297 000
Total Retained Equity	22 000	19 000	0
Total Equity	1 153 000	1 150 000	1 211 000
Total Long-Term Debt	0	39 000	49 000
Total Current Debt	106 000	93 000	38 000
Total Equity and Debt	1 258 000	1 281 000	1 298 000

Cash flow (NOK)	2004	2003	2002
Sales Income	215 000	344 000	314 000
Other Income	56 000	17 000	15 000
Revenue	271 000	362 000	329 000
Cost of Goods Sold	48 000	48 000	39 000
Salary Costs	12 000	36 000	61 000
Depreciation	0	0	0
Impairment	95 000	0	0
Expenditure	289 000	454 000	266 000
Operating Profit	−19 000	−93 000	63 000
Financial Income	33 000	50 000	57 000
Financial Costs	1 000	0	0
Financial Balance	32 000	50 000	57 000
Dividends	0	0	0
Net Income	3 000	−61 000	81 000

Balance details (NOK)	2004	2003	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	400 000	350 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	400 000	350 000	0
Total Fiancial Fixed Assets	708 000	753 000	853 000
Total Fixed Assets	1 108 000	1 102 000	853 000
Stock	0	16 000	16 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	150 000	179 000	444 000
Total Assets	1 258 000	1 281 000	1 297 000
Total Equity	1 153 000	1 150 000	1 211 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	39 000	49 000
Creditors	50 000	64 000	5 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	2 000	1 000
Total Current Debt	106 000	93 000	38 000
Total Equity and Debt	1 258 000	1 281 000	1 298 000

Financial indicators	2004	2003	2002
Return on Equity	0,26 %	−5,3 %	6,69 %
Debt-to-Equity Ratio	0	0,03	0,04
Operating Profit Margin	−7,01 %	−25,69 %	19,15 %
Current Ratio	1,42	1,92	11,68
Quick Ratio	1,42	2,32	20,18
Equity Ratio	0,92	0,9	0,93
Gross Profit Margin	82,29 %	86,74 %	88,15 %