FISKERKVINNELAGET HAVBLIKK

9980 BERLEVÅG

Finances

Return on Equity

11,5 %

Current Ratio

−3,3

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2004	2003	2002	2001
Revenue	169 000	65 000	109 000	24 000
Net Income	79 000	−69 000	82 000	−6 000
Total Assets	931 000	106 000	175 000	92 000
Total Equity	687 000	106 000	175 000	92 000

Income (NOK)	2004	2003	2002	2001
Revenue	169 000	65 000	109 000	24 000
Expenditure	73 000	135 000	28 000	32 000
Operating Profit	96 000	−70 000	81 000	−8 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	18 000	0	0	0
Financial Balance	−18 000	1 000	1 000	2 000
Earnings Before Tax	79 000	−69 000	82 000	−6 000
Tax	0	0	0	0
Net Income	79 000	−69 000	82 000	−6 000

Balance (NOK)	2004	2003	2002	2001
Total Fixed Assets	855 000	0	0	0
Total Current Assets	76 000	106 000	175 000	92 000
Total Assets	931 000	106 000	175 000	92 000
Total Retained Equity	687 000	106 000	175 000	92 000
Total Equity	687 000	106 000	175 000	92 000
Total Long-Term Debt	267 000	0	0	0
Total Current Debt	−23 000	0	0	0
Total Equity and Debt	931 000	106 000	175 000	92 000

Cash flow (NOK)	2004	2003	2002	2001
Sales Income	0	23 000	29 000	15 000
Other Income	169 000	42 000	80 000	9 000
Revenue	169 000	65 000	109 000	24 000
Cost of Goods Sold	0	0	4 000	1 000
Salary Costs	0	1 000	2 000	0
Depreciation	36 000	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	135 000	28 000	32 000
Operating Profit	96 000	−70 000	81 000	−8 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	18 000	0	0	0
Financial Balance	−18 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	79 000	−69 000	82 000	−6 000

Balance details (NOK)	2004	2003	2002	2001
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	855 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	855 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	855 000	0	0	0
Stock	0	0	0	0
Total Investments	5 000	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	76 000	106 000	175 000	92 000
Total Assets	931 000	106 000	175 000	92 000
Total Equity	687 000	106 000	175 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	267 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−23 000	0	0	0
Total Equity and Debt	931 000	106 000	175 000	92 000

Financial indicators	2004	2003	2002	2001
Return on Equity	11,5 %	−65,09 %	46,86 %	−6,52 %
Debt-to-Equity Ratio	0,39	0	0	0
Operating Profit Margin	56,8 %	−107,69 %	74,31 %	−33,33 %
Current Ratio	−3,3	-	-	-
Quick Ratio	−3,3	-	-	-
Equity Ratio	0,74	1	1	1
Gross Profit Margin	100 %	100 %	96,33 %	95,83 %