HALSEN IDRETTSFORENING

3260 LARVIK

Finances

Share Ownership

Return on Equity

9,8 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2007	2006	2005
Revenue	5 936 000	4 911 000	4 846 000
Net Income	296 000	371 000	288 000
Total Assets	5 879 000	5 965 000	5 751 000
Total Equity	3 019 000	2 723 000	2 315 000

Income (NOK)	2007	2006	2005
Revenue	5 936 000	4 911 000	4 846 000
Expenditure	5 536 000	4 388 000	4 399 000
Operating Profit	399 000	523 000	447 000
Financial Income	17 000	6 000	3 000
Financial Costs	120 000	159 000	161 000
Financial Balance	−103 000	−153 000	−158 000
Earnings Before Tax	296 000	371 000	288 000
Tax	0	0	0
Net Income	296 000	371 000	288 000

Balance (NOK)	2007	2006	2005
Total Fixed Assets	4 253 000	4 356 000	5 024 000
Total Current Assets	1 626 000	1 609 000	727 000
Total Assets	5 879 000	5 965 000	5 751 000
Total Retained Equity	3 019 000	2 723 000	2 315 000
Total Equity	3 019 000	2 723 000	2 315 000
Total Long-Term Debt	1 971 000	2 770 000	3 041 000
Total Current Debt	889 000	472 000	395 000
Total Equity and Debt	5 879 000	5 965 000	5 751 000

Cash flow (NOK)	2007	2006	2005
Sales Income	2 330 000	1 378 000	651 000
Other Income	3 606 000	3 533 000	4 195 000
Revenue	5 936 000	4 911 000	4 846 000
Cost of Goods Sold	2 391 000	2 260 000	2 364 000
Salary Costs	410 000	408 000	532 000
Depreciation	1 174 000	252 000	160 000
Impairment	0	0	0
Expenditure	5 536 000	4 388 000	4 399 000
Operating Profit	399 000	523 000	447 000
Financial Income	17 000	6 000	3 000
Financial Costs	120 000	159 000	161 000
Financial Balance	−103 000	−153 000	−158 000
Dividends	0	0	0
Net Income	296 000	371 000	288 000

Balance details (NOK)	2007	2006	2005
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 495 000	3 610 000	4 213 000
Machinery and Plant Facilities	1 280 000	746 000	811 000
Fixtures	0	0	0
Total Tangible Assets	3 775 000	4 356 000	5 024 000
Total Fiancial Fixed Assets	478 000	0	0
Total Fixed Assets	4 253 000	4 356 000	5 024 000
Stock	11 000	41 000	7 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	1 626 000	1 609 000	727 000
Total Assets	5 879 000	5 965 000	5 751 000
Total Equity	3 019 000	2 723 000	2 315 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 971 000	2 770 000	3 041 000
Creditors	726 000	267 000	164 000
Unpaid Taxes	46 000	48 000	47 000
Dividends	0	0	0
Other Current Debt	78 000	157 000	184 000
Total Current Debt	889 000	472 000	395 000
Total Equity and Debt	5 879 000	5 965 000	5 751 000

Financial indicators	2007	2006	2005
Return on Equity	9,8 %	13,62 %	12,44 %
Debt-to-Equity Ratio	0,65	1,02	1,31
Operating Profit Margin	6,72 %	10,65 %	9,22 %
Current Ratio	1,83	3,41	1,84
Quick Ratio	1,85	3,73	1,87
Equity Ratio	0,51	0,46	0,4
Gross Profit Margin	59,72 %	53,98 %	51,22 %