FORENINGEN FEVANG GRENDEHUS

3239 SANDEFJORD

Finances

Share Ownership

Return on Equity

−1,24 %

Current Ratio

7,48

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2007	2006	2005
Revenue	416 000	398 000	576 000
Net Income	−71 000	119 000	517 000
Total Assets	6 122 000	6 201 000	6 216 000
Total Equity	5 710 000	5 781 000	5 662 000

Income (NOK)	2007	2006	2005
Revenue	416 000	398 000	576 000
Expenditure	466 000	263 000	53 000
Operating Profit	−50 000	135 000	523 000
Financial Income	1 000	0	1 000
Financial Costs	21 000	16 000	7 000
Financial Balance	−20 000	−16 000	−6 000
Earnings Before Tax	−71 000	119 000	517 000
Tax	0	0	0
Net Income	−71 000	119 000	517 000

Balance (NOK)	2007	2006	2005
Total Fixed Assets	5 905 000	6 005 000	5 895 000
Total Current Assets	217 000	196 000	321 000
Total Assets	6 122 000	6 201 000	6 216 000
Total Retained Equity	0	0	0
Total Equity	5 710 000	5 781 000	5 662 000
Total Long-Term Debt	382 000	388 000	395 000
Total Current Debt	29 000	32 000	159 000
Total Equity and Debt	6 122 000	6 201 000	6 216 000

Cash flow (NOK)	2007	2006	2005
Sales Income	0	0	0
Other Income	416 000	398 000	576 000
Revenue	416 000	398 000	576 000
Cost of Goods Sold	49 000	0	0
Salary Costs	0	0	0
Depreciation	120 000	0	0
Impairment	0	0	0
Expenditure	466 000	263 000	53 000
Operating Profit	−50 000	135 000	523 000
Financial Income	1 000	0	1 000
Financial Costs	21 000	16 000	7 000
Financial Balance	−20 000	−16 000	−6 000
Dividends	0	0	0
Net Income	−71 000	119 000	517 000

Balance details (NOK)	2007	2006	2005
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 905 000	6 005 000	5 895 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	5 905 000	6 005 000	5 895 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 905 000	6 005 000	5 895 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	212 000	0	0
Total Current Assets	217 000	196 000	321 000
Total Assets	6 122 000	6 201 000	6 216 000
Total Equity	5 710 000	5 781 000	5 662 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	382 000	388 000	395 000
Creditors	29 000	18 000	64 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	14 000	95 000
Total Current Debt	29 000	32 000	159 000
Total Equity and Debt	6 122 000	6 201 000	6 216 000

Financial indicators	2007	2006	2005
Return on Equity	−1,24 %	2,06 %	9,13 %
Debt-to-Equity Ratio	0,07	0,07	0,07
Operating Profit Margin	−12,02 %	33,92 %	90,8 %
Current Ratio	7,48	6,13	2,02
Quick Ratio	7,48	6,13	2,02
Equity Ratio	0,93	0,93	0,91
Gross Profit Margin	88,22 %	100 %	100 %