GRORUDDALEN GOLFKLUBB

0988 OSLO

Finances

Share Ownership

Return on Equity

−10,59 %

Current Ratio

0,37

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2012	2010	2009	2007
Revenue	4 132 000	4 540 000	4 842 000	4 944 000
Net Income	−333 000	−101 000	117 000	−11 000
Total Assets	11 355 000	11 588 000	11 978 000	12 199 000
Total Equity	3 144 000	3 744 000	3 872 000	172 000

Income (NOK)	2012	2010	2009	2007
Revenue	4 132 000	4 540 000	4 842 000	4 944 000
Expenditure	4 109 000	4 414 000	4 517 000	4 627 000
Operating Profit	−60 000	105 000	325 000	317 000
Financial Income	10 000	27 000	29 000	28 000
Financial Costs	283 000	233 000	237 000	356 000
Financial Balance	−273 000	−206 000	−208 000	−328 000
Earnings Before Tax	−333 000	−101 000	117 000	−11 000
Tax	0	0	0	0
Net Income	−333 000	−101 000	117 000	−11 000

Balance (NOK)	2012	2010	2009	2007
Total Fixed Assets	11 094 000	11 405 000	11 695 000	11 963 000
Total Current Assets	261 000	183 000	283 000	236 000
Total Assets	11 355 000	11 588 000	11 978 000	12 199 000
Total Retained Equity	−297 000	214 000	212 000	−11 000
Total Equity	3 144 000	3 744 000	3 872 000	172 000
Total Long-Term Debt	7 500 000	7 545 000	7 430 000	11 776 000
Total Current Debt	711 000	299 000	676 000	251 000
Total Equity and Debt	11 355 000	11 588 000	11 978 000	12 199 000

Cash flow (NOK)	2012	2010	2009	2007
Sales Income	2 306 000	2 540 000	3 921 000	3 666 000
Other Income	1 826 000	2 000 000	921 000	1 278 000
Revenue	4 132 000	4 540 000	4 842 000	4 944 000
Cost of Goods Sold	0	0	0	0
Salary Costs	772 000	809 000	888 000	823 000
Depreciation	281 000	327 000	340 000	324 000
Impairment	0	0	0	0
Expenditure	4 109 000	4 414 000	4 517 000	4 627 000
Operating Profit	−60 000	105 000	325 000	317 000
Financial Income	10 000	27 000	29 000	28 000
Financial Costs	283 000	233 000	237 000	356 000
Financial Balance	−273 000	−206 000	−208 000	−328 000
Dividends	0	0	0	0
Net Income	−333 000	−101 000	117 000	−11 000

Balance details (NOK)	2012	2010	2009	2007
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 025 000	11 405 000	11 619 000	11 683 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	0	76 000	280 000
Total Tangible Assets	11 094 000	11 405 000	11 695 000	11 963 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 094 000	11 405 000	11 695 000	11 963 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	214 000	108 000	220 000	215 000
Total Current Assets	261 000	183 000	283 000	236 000
Total Assets	11 355 000	11 588 000	11 978 000	12 199 000
Total Equity	3 144 000	3 744 000	3 872 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 500 000	7 545 000	7 430 000	11 776 000
Creditors	96 000	137 000	240 000	62 000
Unpaid Taxes	129 000	60 000	101 000	116 000
Dividends	0	0	0	0
Other Current Debt	486 000	102 000	335 000	73 000
Total Current Debt	711 000	299 000	676 000	251 000
Total Equity and Debt	11 355 000	11 588 000	11 978 000	12 199 000

Financial indicators	2012	2010	2009	2007
Return on Equity	−10,59 %	−2,7 %	3,02 %	−6,4 %
Debt-to-Equity Ratio	2,39	2,02	1,92	68,47
Operating Profit Margin	−1,45 %	2,31 %	6,71 %	6,41 %
Current Ratio	0,37	0,61	0,42	0,94
Quick Ratio	0,37	0,61	0,42	0,94
Equity Ratio	0,28	0,32	0,32	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %