MODUM KRAFTPRODUKSJON KF

3370 VIKERSUND

Finances

Return on Equity

0,41 %

Current Ratio

2,81

Debt-to-Equity Ratio

2,97

Key figures (NOK)	2003	2002	2001	2000
Revenue	26 932 000	19 071 000	20 800 000	15 805 000
Net Income	150 000	2 198 000	3 349 000	1 553 000
Total Assets	159 434 000	100 048 000	102 508 000	98 191 000
Total Equity	36 912 000	36 762 000	35 663 000	34 314 000

Income (NOK)	2003	2002	2001	2000
Revenue	26 932 000	19 071 000	20 800 000	15 805 000
Expenditure	21 894 000	14 975 000	14 526 000	11 731 000
Operating Profit	5 038 000	4 096 000	6 274 000	4 074 000
Financial Income	1 252 000	1 517 000	1 594 000	1 079 000
Financial Costs	4 656 000	2 906 000	3 836 000	3 002 000
Financial Balance	−3 404 000	−1 389 000	−2 242 000	−1 923 000
Earnings Before Tax	1 634 000	2 707 000	4 032 000	2 151 000
Tax	1 484 000	509 000	683 000	598 000
Net Income	150 000	2 198 000	3 349 000	1 553 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	122 796 000	67 041 000	68 542 000	70 009 000
Total Current Assets	36 638 000	33 007 000	33 966 000	28 182 000
Total Assets	159 434 000	100 048 000	102 508 000	98 191 000
Total Retained Equity	36 912 000	36 762 000	35 663 000	34 314 000
Total Equity	36 912 000	36 762 000	35 663 000	34 314 000
Total Long-Term Debt	109 504 000	54 336 000	55 027 000	55 798 000
Total Current Debt	13 018 000	8 951 000	11 818 000	8 079 000
Total Equity and Debt	159 434 000	100 049 000	102 508 000	98 191 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	27 013 000	17 612 000	20 578 000	15 585 000
Other Income	−81 000	1 459 000	183 000	178 000
Revenue	26 932 000	19 071 000	20 800 000	15 805 000
Cost of Goods Sold	10 691 000	5 122 000	5 720 000	5 544 000
Salary Costs	20 000	20 000	16 000	18 000
Depreciation	5 303 000	1 550 000	1 653 000	1 541 000
Impairment	0	0	0	0
Expenditure	21 894 000	14 975 000	14 526 000	11 731 000
Operating Profit	5 038 000	4 096 000	6 274 000	4 074 000
Financial Income	1 252 000	1 517 000	1 594 000	1 079 000
Financial Costs	4 656 000	2 906 000	3 836 000	3 002 000
Financial Balance	−3 404 000	−1 389 000	−2 242 000	−1 923 000
Dividends	0	1 100 000	2 000 000	0
Net Income	150 000	2 198 000	3 349 000	1 553 000

Balance details (NOK)	2003	2002	2001	2000
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	95 401 000	67 041 000	68 542 000	70 009 000
Machinery and Plant Facilities	2 220 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	97 620 000	67 041 000	68 542 000	70 009 000
Total Fiancial Fixed Assets	25 176 000	0	0	0
Total Fixed Assets	122 796 000	67 041 000	68 542 000	70 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	36 638 000	33 007 000	33 966 000	28 182 000
Total Assets	159 434 000	100 048 000	102 508 000	98 191 000
Total Equity	36 912 000	36 762 000	35 663 000	34 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 504 000	54 336 000	55 027 000	55 798 000
Creditors	5 216 000	1 415 000	4 532 000	3 054 000
Unpaid Taxes	1 930 000	1 988 000	340 000	880 000
Dividends	0	1 100 000	2 000 000	0
Other Current Debt	3 283 000	3 097 000	3 878 000	3 209 000
Total Current Debt	13 018 000	8 951 000	11 818 000	8 079 000
Total Equity and Debt	159 434 000	100 049 000	102 508 000	98 191 000

Financial indicators	2003	2002	2001	2000
Return on Equity	0,41 %	5,98 %	9,39 %	4,53 %
Debt-to-Equity Ratio	2,97	1,48	1,54	1,63
Operating Profit Margin	18,71 %	21,48 %	30,16 %	25,78 %
Current Ratio	2,81	3,69	2,87	3,49
Quick Ratio	2,81	3,69	2,87	3,49
Equity Ratio	0,23	0,37	0,35	0,35
Gross Profit Margin	60,3 %	73,14 %	72,5 %	64,92 %