SUND SENTERFORENING

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

13,42 %

Current Ratio

−46,5

Debt-to-Equity Ratio

Key figures (NOK)	2005	2004	2003	2002
Revenue	391 000	451 000	420 000	332 000
Net Income	51 000	36 000	33 000	23 000
Total Assets	372 000	400 000	374 000	291 000
Total Equity	380 000	352 000	316 000	261 000

Income (NOK)	2005	2004	2003	2002
Revenue	391 000	451 000	420 000	332 000
Expenditure	344 000	417 000	391 000	318 000
Operating Profit	48 000	34 000	28 000	14 000
Financial Income	3 000	2 000	0	9 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	9 000
Earnings Before Tax	51 000	36 000	28 000	23 000
Tax	0	0	0	0
Net Income	51 000	36 000	33 000	23 000

Balance (NOK)	2005	2004	2003	2002
Total Fixed Assets	0	0	0	0
Total Current Assets	372 000	400 000	374 000	291 000
Total Assets	372 000	400 000	374 000	291 000
Total Retained Equity	380 000	352 000	316 000	261 000
Total Equity	380 000	352 000	316 000	261 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−8 000	48 000	57 000	29 000
Total Equity and Debt	372 000	400 000	374 000	290 000

Cash flow (NOK)	2005	2004	2003	2002
Sales Income	230 000	306 000	255 000	0
Other Income	161 000	145 000	164 000	330 000
Revenue	391 000	451 000	420 000	332 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	17 000	19 000	12 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	344 000	417 000	391 000	318 000
Operating Profit	48 000	34 000	28 000	14 000
Financial Income	3 000	2 000	0	9 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	9 000
Dividends	0	0	0	0
Net Income	51 000	36 000	33 000	23 000

Balance details (NOK)	2005	2004	2003	2002
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	372 000	400 000	374 000	291 000
Total Assets	372 000	400 000	374 000	291 000
Total Equity	380 000	352 000	316 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	51 000	61 000	27 000
Unpaid Taxes	−9 000	−15 000	−9 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−8 000	48 000	57 000	29 000
Total Equity and Debt	372 000	400 000	374 000	290 000

Financial indicators	2005	2004	2003	2002
Return on Equity	13,42 %	10,23 %	10,44 %	8,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,28 %	7,54 %	6,67 %	4,22 %
Current Ratio	−46,5	8,33	6,56	10,03
Quick Ratio	−46,5	8,33	6,56	10,03
Equity Ratio	1,02	0,88	0,84	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %