SØNDRE NORDSTRAND RIDEKLUBB

1278 OSLO

Finances

Share Ownership

Return on Equity

−23,38 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2010	2009	2002
Revenue	1 963 000	246 000	587 000
Net Income	−375 000	89 000	262 000
Total Assets	2 180 000	1 986 000	480 000
Total Equity	1 604 000	1 979 000	444 000

Income (NOK)	2010	2009	2002
Revenue	1 963 000	246 000	587 000
Expenditure	2 358 000	184 000	332 000
Operating Profit	−395 000	62 000	255 000
Financial Income	21 000	29 000	8 000
Financial Costs	0	2 000	1 000
Financial Balance	21 000	27 000	7 000
Earnings Before Tax	−375 000	89 000	262 000
Tax	0	0	0
Net Income	−375 000	89 000	262 000

Balance (NOK)	2010	2009	2002
Total Fixed Assets	721 000	874 000	0
Total Current Assets	1 459 000	1 112 000	480 000
Total Assets	2 180 000	1 986 000	480 000
Total Retained Equity	1 604 000	1 979 000	444 000
Total Equity	1 604 000	1 979 000	444 000
Total Long-Term Debt	0	0	0
Total Current Debt	576 000	7 000	37 000
Total Equity and Debt	2 180 000	1 986 000	481 000

Cash flow (NOK)	2010	2009	2002
Sales Income	1 759 000	85 000	0
Other Income	203 000	161 000	587 000
Revenue	1 963 000	246 000	587 000
Cost of Goods Sold	595 000	0	0
Salary Costs	730 000	0	0
Depreciation	39 000	47 000	70 000
Impairment	0	0	0
Expenditure	2 358 000	184 000	332 000
Operating Profit	−395 000	62 000	255 000
Financial Income	21 000	29 000	8 000
Financial Costs	0	2 000	1 000
Financial Balance	21 000	27 000	7 000
Dividends	0	0	0
Net Income	−375 000	89 000	262 000

Balance details (NOK)	2010	2009	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	612 000	66 000	0
Machinery and Plant Facilities	104 000	0	0
Fixtures	5 000	128 000	0
Total Tangible Assets	721 000	194 000	0
Total Fiancial Fixed Assets	0	680 000	0
Total Fixed Assets	721 000	874 000	0
Stock	14 000	0	0
Total Investments	0	0	0
Cash, Bank	1 197 000	1 103 000	0
Total Current Assets	1 459 000	1 112 000	480 000
Total Assets	2 180 000	1 986 000	480 000
Total Equity	1 604 000	1 979 000	444 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	136 000	0	37 000
Unpaid Taxes	91 000	0	0
Dividends	0	0	0
Other Current Debt	350 000	7 000	0
Total Current Debt	576 000	7 000	37 000
Total Equity and Debt	2 180 000	1 986 000	481 000

Financial indicators	2010	2009	2002
Return on Equity	−23,38 %	4,5 %	59,01 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−20,12 %	25,2 %	43,44 %
Current Ratio	2,53	158,86	12,97
Quick Ratio	2,6	158,86	12,97
Equity Ratio	0,74	1	0,93
Gross Profit Margin	69,69 %	100 %	100 %