TROMSØ TRAVLAG

9027 RAMFJORDBOTN

Finances

Return on Equity

25,89 %

Current Ratio

5,29

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2005	2002	2001
Revenue	1 593 000	419 000	708 000
Net Income	780 000	18 000	2 000
Total Assets	3 731 000	1 610 000	1 749 000
Total Equity	3 013 000	1 499 000	1 589 000

Income (NOK)	2005	2002	2001
Revenue	1 593 000	419 000	708 000
Expenditure	762 000	399 000	695 000
Operating Profit	832 000	20 000	13 000
Financial Income	0	11 000	0
Financial Costs	52 000	13 000	11 000
Financial Balance	−52 000	−2 000	−11 000
Earnings Before Tax	780 000	18 000	2 000
Tax	0	0	0
Net Income	780 000	18 000	2 000

Balance (NOK)	2005	2002	2001
Total Fixed Assets	3 213 000	1 339 000	1 481 000
Total Current Assets	518 000	271 000	268 000
Total Assets	3 731 000	1 610 000	1 749 000
Total Retained Equity	3 013 000	18 000	0
Total Equity	3 013 000	1 499 000	1 589 000
Total Long-Term Debt	620 000	102 000	122 000
Total Current Debt	98 000	8 000	38 000
Total Equity and Debt	3 731 000	1 609 000	1 749 000

Cash flow (NOK)	2005	2002	2001
Sales Income	1 313 000	53 000	0
Other Income	281 000	366 000	708 000
Revenue	1 593 000	419 000	708 000
Cost of Goods Sold	232 000	51 000	0
Salary Costs	12 000	7 000	0
Depreciation	198 000	86 000	0
Impairment	0	0	0
Expenditure	762 000	399 000	695 000
Operating Profit	832 000	20 000	13 000
Financial Income	0	11 000	0
Financial Costs	52 000	13 000	11 000
Financial Balance	−52 000	−2 000	−11 000
Dividends	0	0	0
Net Income	780 000	18 000	2 000

Balance details (NOK)	2005	2002	2001
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 107 000	1 242 000	211 000
Machinery and Plant Facilities	0	0	1 086 000
Fixtures	106 000	97 000	129 000
Total Tangible Assets	3 213 000	1 339 000	1 426 000
Total Fiancial Fixed Assets	0	0	55 000
Total Fixed Assets	3 213 000	1 339 000	1 481 000
Stock	0	0	0
Total Investments	3 000	3 000	0
Cash, Bank	0	0	0
Total Current Assets	518 000	271 000	268 000
Total Assets	3 731 000	1 610 000	1 749 000
Total Equity	3 013 000	1 499 000	1 589 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	620 000	102 000	122 000
Creditors	101 000	8 000	33 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	5 000
Total Current Debt	98 000	8 000	38 000
Total Equity and Debt	3 731 000	1 609 000	1 749 000

Financial indicators	2005	2002	2001
Return on Equity	25,89 %	1,2 %	0,13 %
Debt-to-Equity Ratio	0,21	0,07	0,08
Operating Profit Margin	52,23 %	4,77 %	1,84 %
Current Ratio	5,29	33,88	7,05
Quick Ratio	5,29	33,88	7,05
Equity Ratio	0,81	0,93	0,91
Gross Profit Margin	85,44 %	87,83 %	100 %