BYÅSEN HÅNDBALL ELITE

7078 SAUPSTAD

Finances

Return on Equity

−50,7 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2007	2005	2003
Revenue	9 038 000	4 616 000	2 481 000
Net Income	469 000	−290 000	−147 000
Total Assets	1 171 000	1 500 000	650 000
Total Equity	−925 000	−222 000	45 000

Income (NOK)	2007	2005	2003
Revenue	9 038 000	4 616 000	2 481 000
Expenditure	8 564 000	4 898 000	2 623 000
Operating Profit	473 000	−282 000	−142 000
Financial Income	10 000	0	2 000
Financial Costs	14 000	8 000	7 000
Financial Balance	−4 000	−8 000	−5 000
Earnings Before Tax	469 000	−290 000	−147 000
Tax	0	0	0
Net Income	469 000	−290 000	−147 000

Balance (NOK)	2007	2005	2003
Total Fixed Assets	31 000	75 000	0
Total Current Assets	1 140 000	1 425 000	650 000
Total Assets	1 171 000	1 500 000	650 000
Total Retained Equity	−925 000	−222 000	45 000
Total Equity	−925 000	−222 000	45 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 096 000	1 722 000	605 000
Total Equity and Debt	1 171 000	1 500 000	650 000

Cash flow (NOK)	2007	2005	2003
Sales Income	7 330 000	4 662 000	1 645 000
Other Income	1 708 000	−46 000	836 000
Revenue	9 038 000	4 616 000	2 481 000
Cost of Goods Sold	3 097 000	1 390 000	890 000
Salary Costs	3 336 000	2 270 000	759 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	8 564 000	4 898 000	2 623 000
Operating Profit	473 000	−282 000	−142 000
Financial Income	10 000	0	2 000
Financial Costs	14 000	8 000	7 000
Financial Balance	−4 000	−8 000	−5 000
Dividends	0	0	0
Net Income	469 000	−290 000	−147 000

Balance details (NOK)	2007	2005	2003
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	31 000	75 000	0
Total Tangible Assets	31 000	75 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	31 000	75 000	0
Stock	0	41 000	11 000
Total Investments	0	0	0
Cash, Bank	105 000	0	0
Total Current Assets	1 140 000	1 425 000	650 000
Total Assets	1 171 000	1 500 000	650 000
Total Equity	−925 000	−222 000	45 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 037 000	199 000	282 000
Unpaid Taxes	438 000	214 000	156 000
Dividends	0	0	0
Other Current Debt	621 000	1 309 000	167 000
Total Current Debt	2 096 000	1 722 000	605 000
Total Equity and Debt	1 171 000	1 500 000	650 000

Financial indicators	2007	2005	2003
Return on Equity	−50,7 %	130,63 %	−326,67 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	5,23 %	−6,11 %	−5,72 %
Current Ratio	0,54	0,83	1,07
Quick Ratio	0,54	0,85	1,09
Equity Ratio	−0,79	−0,15	0,07
Gross Profit Margin	65,73 %	69,89 %	64,13 %