LARS VESTHEIM

3540 NESBYEN

Finances

Share Ownership

Return on Equity

1,11 %

Current Ratio

7,59

Debt-to-Equity Ratio

Key figures (NOK)	2015	2014	2013
Revenue	834 000	797 000	809 000
Net Income	64 000	50 000	−41 000
Total Assets	5 950 000	5 610 000	5 425 000
Total Equity	5 764 000	5 621 000	5 297 000

Income (NOK)	2015	2014	2013
Revenue	834 000	797 000	809 000
Expenditure	769 000	747 000	850 000
Operating Profit	65 000	50 000	−41 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	64 000	50 000	−41 000
Tax	0	0	0
Net Income	64 000	50 000	−41 000

Balance (NOK)	2015	2014	2013
Total Fixed Assets	4 539 000	4 647 000	4 688 000
Total Current Assets	1 411 000	963 000	738 000
Total Assets	5 950 000	5 610 000	5 425 000
Total Retained Equity	5 764 000	5 621 000	5 297 000
Total Equity	5 764 000	5 621 000	5 297 000
Total Long-Term Debt	0	0	0
Total Current Debt	186 000	−11 000	129 000
Total Equity and Debt	5 950 000	5 610 000	5 425 000

Cash flow (NOK)	2015	2014	2013
Sales Income	572 000	447 000	535 000
Other Income	262 000	350 000	274 000
Revenue	834 000	797 000	809 000
Cost of Goods Sold	245 000	203 000	228 000
Salary Costs	16 000	93 000	0
Depreciation	66 000	68 000	52 000
Impairment	0	0	0
Expenditure	769 000	747 000	850 000
Operating Profit	65 000	50 000	−41 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	64 000	50 000	−41 000

Balance details (NOK)	2015	2014	2013
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 805 000	3 842 000	3 910 000
Machinery and Plant Facilities	0	0	0
Fixtures	15 000	28 000	0
Total Tangible Assets	3 820 000	3 870 000	3 910 000
Total Fiancial Fixed Assets	719 000	777 000	777 000
Total Fixed Assets	4 539 000	4 647 000	4 688 000
Stock	446 000	283 000	192 000
Total Investments	0	0	0
Cash, Bank	117 000	220 000	113 000
Total Current Assets	1 411 000	963 000	738 000
Total Assets	5 950 000	5 610 000	5 425 000
Total Equity	5 764 000	5 621 000	5 297 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	133 000	−78 000	73 000
Unpaid Taxes	7 000	13 000	5 000
Dividends	0	0	0
Other Current Debt	46 000	54 000	50 000
Total Current Debt	186 000	−11 000	129 000
Total Equity and Debt	5 950 000	5 610 000	5 425 000

Financial indicators	2015	2014	2013
Return on Equity	1,11 %	0,89 %	−0,77 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,79 %	6,27 %	−5,07 %
Current Ratio	7,59	−87,55	5,72
Quick Ratio	−5,43	−3,28	−11,71
Equity Ratio	0,97	1	0,98
Gross Profit Margin	70,62 %	74,53 %	71,82 %