BERGENS MYNTSAMLERKLUBB

5005 BERGEN

Finances

Share Ownership

Return on Equity

30,21 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2004	2003	2002	2001
Revenue	284 000	53 000	77 000	134 000
Net Income	232 000	19 000	65 000	99 000
Total Assets	768 000	536 000	519 000	457 000
Total Equity	768 000	536 000	452 000	444 000

Income (NOK)	2004	2003	2002	2001
Revenue	284 000	53 000	77 000	134 000
Expenditure	52 000	55 000	38 000	35 000
Operating Profit	232 000	−1 000	39 000	99 000
Financial Income	0	20 000	26 000	0
Financial Costs	0	0	0	0
Financial Balance	0	20 000	26 000	0
Earnings Before Tax	232 000	19 000	65 000	99 000
Tax	0	0	0	0
Net Income	232 000	19 000	65 000	99 000

Balance (NOK)	2004	2003	2002	2001
Total Fixed Assets	58 000	59 000	53 000	0
Total Current Assets	710 000	477 000	466 000	457 000
Total Assets	768 000	536 000	519 000	457 000
Total Retained Equity	768 000	536 000	452 000	444 000
Total Equity	768 000	536 000	452 000	444 000
Total Long-Term Debt	0	0	0	12 000
Total Current Debt	0	0	67 000	0
Total Equity and Debt	768 000	536 000	519 000	456 000

Cash flow (NOK)	2004	2003	2002	2001
Sales Income	275 000	53 000	77 000	0
Other Income	9 000	0	0	134 000
Revenue	284 000	53 000	77 000	134 000
Cost of Goods Sold	0	0	8 000	0
Salary Costs	0	0	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	52 000	55 000	38 000	35 000
Operating Profit	232 000	−1 000	39 000	99 000
Financial Income	0	20 000	26 000	0
Financial Costs	0	0	0	0
Financial Balance	0	20 000	26 000	0
Dividends	0	0	0	0
Net Income	232 000	19 000	65 000	99 000

Balance details (NOK)	2004	2003	2002	2001
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	59 000	53 000	0
Total Tangible Assets	58 000	59 000	53 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 000	59 000	53 000	0
Stock	0	0	0	51 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	710 000	477 000	466 000	457 000
Total Assets	768 000	536 000	519 000	457 000
Total Equity	768 000	536 000	452 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	12 000
Creditors	0	0	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	65 000	0
Total Current Debt	0	0	67 000	0
Total Equity and Debt	768 000	536 000	519 000	456 000

Financial indicators	2004	2003	2002	2001
Return on Equity	30,21 %	3,54 %	14,38 %	22,3 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	81,69 %	−1,89 %	50,65 %	73,88 %
Current Ratio	-	-	6,96	-
Quick Ratio	-	-	6,96	−8,96
Equity Ratio	1	1	0,87	0,97
Gross Profit Margin	100 %	100 %	89,61 %	100 %