NORGES BLINDEFORBUND HORDALAND

5005 BERGEN

Finances

Share Ownership

Return on Equity

21,93 %

Current Ratio

10,79

Debt-to-Equity Ratio

Key figures (NOK)	2010	2009	2007
Revenue	1 637 000	1 463 000	875 000
Net Income	670 000	433 000	77 000
Total Assets	3 366 000	2 653 000	1 504 000
Total Equity	3 055 000	2 385 000	1 325 000

Income (NOK)	2010	2009	2007
Revenue	1 637 000	1 463 000	875 000
Expenditure	967 000	1 030 000	837 000
Operating Profit	670 000	433 000	38 000
Financial Income	0	0	40 000
Financial Costs	0	0	1 000
Financial Balance	0	0	39 000
Earnings Before Tax	670 000	433 000	77 000
Tax	0	0	0
Net Income	670 000	433 000	77 000

Balance (NOK)	2010	2009	2007
Total Fixed Assets	1 000	1 000	1 000
Total Current Assets	3 366 000	2 652 000	1 503 000
Total Assets	3 366 000	2 653 000	1 504 000
Total Retained Equity	3 055 000	2 385 000	1 325 000
Total Equity	3 055 000	2 385 000	1 325 000
Total Long-Term Debt	0	0	0
Total Current Debt	312 000	268 000	179 000
Total Equity and Debt	3 366 000	2 653 000	1 504 000

Cash flow (NOK)	2010	2009	2007
Sales Income	1 159 000	1 070 000	499 000
Other Income	478 000	393 000	376 000
Revenue	1 637 000	1 463 000	875 000
Cost of Goods Sold	0	0	2 000
Salary Costs	0	0	46 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	967 000	1 030 000	837 000
Operating Profit	670 000	433 000	38 000
Financial Income	0	0	40 000
Financial Costs	0	0	1 000
Financial Balance	0	0	39 000
Dividends	0	0	0
Net Income	670 000	433 000	77 000

Balance details (NOK)	2010	2009	2007
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 078 000	2 245 000	1 163 000
Total Current Assets	3 366 000	2 652 000	1 503 000
Total Assets	3 366 000	2 653 000	1 504 000
Total Equity	3 055 000	2 385 000	1 325 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	312 000	268 000	179 000
Total Current Debt	312 000	268 000	179 000
Total Equity and Debt	3 366 000	2 653 000	1 504 000

Financial indicators	2010	2009	2007
Return on Equity	21,93 %	18,16 %	5,81 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	40,93 %	29,6 %	4,34 %
Current Ratio	10,79	9,9	8,4
Quick Ratio	10,79	9,9	8,4
Equity Ratio	0,91	0,9	0,88
Gross Profit Margin	100 %	100 %	99,77 %