KF ELVERUM KOMMUNESKOGER

2408 ELVERUM

Finances

Share Ownership

Return on Equity

46,42 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2008	2007	2006	2005
Revenue	4 561 000	4 091 000	3 271 000	3 728 000
Net Income	1 966 000	1 367 000	541 000	1 208 000
Total Assets	9 744 000	7 670 000	7 731 000	6 592 000
Total Equity	4 235 000	3 392 000	2 535 000	1 908 000

Income (NOK)	2008	2007	2006	2005
Revenue	4 561 000	4 091 000	3 271 000	3 728 000
Expenditure	2 732 000	2 605 000	2 714 000	2 512 000
Operating Profit	1 829 000	1 485 000	558 000	1 215 000
Financial Income	319 000	186 000	71 000	60 000
Financial Costs	183 000	304 000	87 000	68 000
Financial Balance	136 000	−118 000	−16 000	−8 000
Earnings Before Tax	1 966 000	1 367 000	541 000	1 208 000
Tax	0	0	0	0
Net Income	1 966 000	1 367 000	541 000	1 208 000

Balance (NOK)	2008	2007	2006	2005
Total Fixed Assets	3 319 000	3 321 000	3 494 000	3 927 000
Total Current Assets	6 425 000	4 349 000	4 237 000	2 665 000
Total Assets	9 744 000	7 670 000	7 731 000	6 592 000
Total Retained Equity	4 235 000	3 392 000	2 535 000	1 908 000
Total Equity	4 235 000	3 392 000	2 535 000	1 908 000
Total Long-Term Debt	2 915 000	3 054 000	3 192 000	3 331 000
Total Current Debt	2 594 000	1 225 000	2 003 000	1 354 000
Total Equity and Debt	9 744 000	7 670 000	7 731 000	6 592 000

Cash flow (NOK)	2008	2007	2006	2005
Sales Income	4 162 000	3 577 000	2 872 000	3 166 000
Other Income	399 000	513 000	399 000	562 000
Revenue	4 561 000	4 091 000	3 271 000	3 728 000
Cost of Goods Sold	19 000	55 000	14 000	39 000
Salary Costs	1 133 000	765 000	971 000	1 039 000
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	2 732 000	2 605 000	2 714 000	2 512 000
Operating Profit	1 829 000	1 485 000	558 000	1 215 000
Financial Income	319 000	186 000	71 000	60 000
Financial Costs	183 000	304 000	87 000	68 000
Financial Balance	136 000	−118 000	−16 000	−8 000
Dividends	0	0	420 000	420 000
Net Income	1 966 000	1 367 000	541 000	1 208 000

Balance details (NOK)	2008	2007	2006	2005
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 826 000	2 826 000	2 826 000	3 651 000
Machinery and Plant Facilities	13 000	15 000	17 000	19 000
Fixtures	0	0	0	0
Total Tangible Assets	2 839 000	2 841 000	2 843 000	3 670 000
Total Fiancial Fixed Assets	480 000	480 000	651 000	257 000
Total Fixed Assets	3 319 000	3 321 000	3 494 000	3 927 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 844 000	4 041 000	0	0
Total Current Assets	6 425 000	4 349 000	4 237 000	2 665 000
Total Assets	9 744 000	7 670 000	7 731 000	6 592 000
Total Equity	4 235 000	3 392 000	2 535 000	1 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 915 000	3 054 000	3 192 000	3 331 000
Creditors	1 167 000	263 000	725 000	21 000
Unpaid Taxes	387 000	432 000	381 000	502 000
Dividends	0	0	420 000	420 000
Other Current Debt	0	530 000	57 000	0
Total Current Debt	2 594 000	1 225 000	2 003 000	1 354 000
Total Equity and Debt	9 744 000	7 670 000	7 731 000	6 592 000

Financial indicators	2008	2007	2006	2005
Return on Equity	46,42 %	40,3 %	21,34 %	63,31 %
Debt-to-Equity Ratio	0,69	0,9	1,26	1,75
Operating Profit Margin	40,1 %	36,3 %	17,06 %	32,59 %
Current Ratio	2,48	3,55	2,12	1,97
Quick Ratio	2,48	3,55	2,12	1,97
Equity Ratio	0,43	0,44	0,33	0,29
Gross Profit Margin	99,58 %	98,66 %	99,57 %	98,95 %