VESTFOLD INTERKOMMUNALE BRANNVESEN IKS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

−9,98 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2003	2002	2001	2000
Revenue	51 621 000	47 025 000	42 270 000	19 779 000
Net Income	−885 000	−1 546 000	−3 600 000	−1 576 000
Total Assets	25 206 000	26 681 000	23 172 000	18 658 000
Total Equity	8 866 000	7 742 000	10 580 000	14 181 000

Income (NOK)	2003	2002	2001	2000
Revenue	51 621 000	47 025 000	42 270 000	19 779 000
Expenditure	52 651 000	48 887 000	46 183 000	21 355 000
Operating Profit	−1 029 000	−1 862 000	−3 913 000	−1 576 000
Financial Income	260 000	452 000	331 000	0
Financial Costs	116 000	136 000	18 000	0
Financial Balance	144 000	316 000	313 000	0
Earnings Before Tax	−885 000	−1 546 000	−3 600 000	−1 576 000
Tax	0	0	0	0
Net Income	−885 000	−1 546 000	−3 600 000	−1 576 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	14 702 000	15 044 000	15 436 000	15 407 000
Total Current Assets	10 504 000	11 637 000	7 736 000	3 251 000
Total Assets	25 206 000	26 681 000	23 172 000	18 658 000
Total Retained Equity	−7 486 000	−8 609 000	−5 177 000	−1 576 000
Total Equity	8 866 000	7 742 000	10 580 000	14 181 000
Total Long-Term Debt	5 133 000	1 485 000	163 000	0
Total Current Debt	11 207 000	17 454 000	12 429 000	4 477 000
Total Equity and Debt	25 206 000	26 681 000	23 172 000	18 658 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	0	0	11 724 000	2 865 000
Other Income	51 621 000	47 025 000	30 546 000	16 914 000
Revenue	51 621 000	47 025 000	42 270 000	19 779 000
Cost of Goods Sold	0	0	659 000	111 000
Salary Costs	38 594 000	34 730 000	33 945 000	13 574 000
Depreciation	1 134 000	1 377 000	1 277 000	350 000
Impairment	0	0	0	0
Expenditure	52 651 000	48 887 000	46 183 000	21 355 000
Operating Profit	−1 029 000	−1 862 000	−3 913 000	−1 576 000
Financial Income	260 000	452 000	331 000	0
Financial Costs	116 000	136 000	18 000	0
Financial Balance	144 000	316 000	313 000	0
Dividends	0	0	0	0
Net Income	−885 000	−1 546 000	−3 600 000	−1 576 000

Balance details (NOK)	2003	2002	2001	2000
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 164 000	15 044 000	14 376 000	15 407 000
Fixtures	0	0	1 060 000	0
Total Tangible Assets	14 164 000	15 044 000	15 436 000	15 407 000
Total Fiancial Fixed Assets	538 000	0	0	0
Total Fixed Assets	14 702 000	15 044 000	15 436 000	15 407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	10 504 000	11 637 000	7 736 000	3 251 000
Total Assets	25 206 000	26 681 000	23 172 000	18 658 000
Total Equity	8 866 000	7 742 000	10 580 000	14 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 133 000	1 485 000	163 000	0
Creditors	1 383 000	1 981 000	787 000	0
Unpaid Taxes	3 154 000	3 367 000	2 763 000	0
Dividends	0	0	0	0
Other Current Debt	6 669 000	12 106 000	8 879 000	4 477 000
Total Current Debt	11 207 000	17 454 000	12 429 000	4 477 000
Total Equity and Debt	25 206 000	26 681 000	23 172 000	18 658 000

Financial indicators	2003	2002	2001	2000
Return on Equity	−9,98 %	−19,97 %	−34,03 %	−11,11 %
Debt-to-Equity Ratio	0,58	0,19	0,02	0
Operating Profit Margin	−1,99 %	−3,96 %	−9,26 %	−7,97 %
Current Ratio	0,94	0,67	0,62	0,73
Quick Ratio	0,94	0,67	0,62	0,73
Equity Ratio	0,35	0,29	0,46	0,76
Gross Profit Margin	100 %	100 %	98,44 %	99,44 %