ALVHILD I TØRUDSTAD VEFALL

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

98,97 %

Current Ratio

2,76

Debt-to-Equity Ratio

Key figures (NOK)	2012	2011	2010	2009
Revenue	478 000	780 000	711 000	624 000
Net Income	386 000	654 000	560 000	452 000
Total Assets	511 000	581 000	719 000	702 000
Total Equity	390 000	400 000	563 000	575 000

Income (NOK)	2012	2011	2010	2009
Revenue	478 000	780 000	711 000	624 000
Expenditure	96 000	132 000	152 000	171 000
Operating Profit	382 000	649 000	560 000	452 000
Financial Income	4 000	6 000	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	6 000	0	0
Earnings Before Tax	386 000	654 000	560 000	452 000
Tax	0	0	0	0
Net Income	386 000	654 000	560 000	452 000

Balance (NOK)	2012	2011	2010	2009
Total Fixed Assets	180 000	169 000	170 000	152 000
Total Current Assets	331 000	411 000	549 000	550 000
Total Assets	511 000	581 000	719 000	702 000
Total Retained Equity	390 000	400 000	563 000	575 000
Total Equity	390 000	400 000	563 000	575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	181 000	156 000	127 000
Total Equity and Debt	511 000	581 000	719 000	702 000

Cash flow (NOK)	2012	2011	2010	2009
Sales Income	475 000	777 000	708 000	607 000
Other Income	3 000	3 000	3 000	17 000
Revenue	478 000	780 000	711 000	624 000
Cost of Goods Sold	0	0	0	14 000
Salary Costs	0	7 000	19 000	2 000
Depreciation	1 000	1 000	1 000	1 000
Impairment	0	0	0	0
Expenditure	96 000	132 000	152 000	171 000
Operating Profit	382 000	649 000	560 000	452 000
Financial Income	4 000	6 000	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	6 000	0	0
Dividends	0	0	0	0
Net Income	386 000	654 000	560 000	452 000

Balance details (NOK)	2012	2011	2010	2009
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	149 000	150 000	151 000	152 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	149 000	150 000	151 000	152 000
Total Fiancial Fixed Assets	31 000	20 000	20 000	0
Total Fixed Assets	180 000	169 000	170 000	152 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	323 000	0	0	0
Total Current Assets	331 000	411 000	549 000	550 000
Total Assets	511 000	581 000	719 000	702 000
Total Equity	390 000	400 000	563 000	575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	10 000	0	0
Unpaid Taxes	116 000	169 000	154 000	125 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	3 000
Total Current Debt	120 000	181 000	156 000	127 000
Total Equity and Debt	511 000	581 000	719 000	702 000

Financial indicators	2012	2011	2010	2009
Return on Equity	98,97 %	163,5 %	99,47 %	78,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,92 %	83,21 %	78,76 %	72,44 %
Current Ratio	2,76	2,27	3,52	4,33
Quick Ratio	2,76	2,27	3,52	4,33
Equity Ratio	0,76	0,69	0,78	0,82
Gross Profit Margin	100 %	100 %	100 %	97,76 %