FOLDVIK EIENDOM DA

3267 LARVIK

Finances

Return on Equity

−70,59 %

Current Ratio

N/A

Debt-to-Equity Ratio

23,59

Key figures (NOK)	2005	2004	2003
Revenue	83 000	5 050 000	5 231 000
Net Income	−48 000	199 000	335 000
Total Assets	1 673 000	3 056 000	2 812 000
Total Equity	68 000	58 000	122 000

Income (NOK)	2005	2004	2003
Revenue	83 000	5 050 000	5 231 000
Expenditure	51 000	4 696 000	4 708 000
Operating Profit	32 000	354 000	522 000
Financial Income	0	0	0
Financial Costs	80 000	155 000	187 000
Financial Balance	−80 000	−155 000	−187 000
Earnings Before Tax	−48 000	199 000	335 000
Tax	0	0	0
Net Income	−48 000	199 000	335 000

Balance (NOK)	2005	2004	2003
Total Fixed Assets	1 335 000	1 616 000	1 579 000
Total Current Assets	337 000	1 440 000	1 233 000
Total Assets	1 673 000	3 056 000	2 812 000
Total Retained Equity	0	0	0
Total Equity	68 000	58 000	122 000
Total Long-Term Debt	1 604 000	1 704 000	1 820 000
Total Current Debt	0	1 295 000	870 000
Total Equity and Debt	1 673 000	3 056 000	2 812 000

Cash flow (NOK)	2005	2004	2003
Sales Income	83 000	5 050 000	5 231 000
Other Income	0	0	0
Revenue	83 000	5 050 000	5 231 000
Cost of Goods Sold	0	2 286 000	3 048 000
Salary Costs	0	1 407 000	943 000
Depreciation	51 000	118 000	141 000
Impairment	0	0	0
Expenditure	51 000	4 696 000	4 708 000
Operating Profit	32 000	354 000	522 000
Financial Income	0	0	0
Financial Costs	80 000	155 000	187 000
Financial Balance	−80 000	−155 000	−187 000
Dividends	0	0	0
Net Income	−48 000	199 000	335 000

Balance details (NOK)	2005	2004	2003
Goodwill	0	0	0
Total Intangible Assets	0	0	10 000
Real Eastate	1 335 000	1 225 000	1 100 000
Machinery and Plant Facilities	0	322 000	0
Fixtures	0	68 000	469 000
Total Tangible Assets	1 335 000	1 616 000	1 569 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 335 000	1 616 000	1 579 000
Stock	253 000	953 000	853 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	337 000	1 440 000	1 233 000
Total Assets	1 673 000	3 056 000	2 812 000
Total Equity	68 000	58 000	122 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 604 000	1 704 000	1 820 000
Creditors	0	521 000	287 000
Unpaid Taxes	0	319 000	148 000
Dividends	0	0	0
Other Current Debt	0	45 000	51 000
Total Current Debt	0	1 295 000	870 000
Total Equity and Debt	1 673 000	3 056 000	2 812 000

Financial indicators	2005	2004	2003
Return on Equity	−70,59 %	343,1 %	274,59 %
Debt-to-Equity Ratio	23,59	29,38	14,92
Operating Profit Margin	38,55 %	7,01 %	9,98 %
Current Ratio	-	1,11	1,42
Quick Ratio	−1,33	4,21	72,53
Equity Ratio	0,04	0,02	0,04
Gross Profit Margin	100 %	54,73 %	41,73 %