ØRSKOG RØDE KORS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

−10,68 %

Current Ratio

14,5

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2005	2004	2003
Revenue	229 000	293 000	241 000
Net Income	−52 000	−55 000	−19 000
Total Assets	678 000	752 000	693 000
Total Equity	487 000	512 000	567 000

Income (NOK)	2005	2004	2003
Revenue	229 000	293 000	241 000
Expenditure	267 000	335 000	254 000
Operating Profit	−38 000	−43 000	−13 000
Financial Income	0	0	1 000
Financial Costs	14 000	12 000	8 000
Financial Balance	−14 000	−12 000	−7 000
Earnings Before Tax	−52 000	−55 000	−19 000
Tax	0	0	0
Net Income	−52 000	−55 000	−19 000

Balance (NOK)	2005	2004	2003
Total Fixed Assets	620 000	653 000	556 000
Total Current Assets	58 000	100 000	137 000
Total Assets	678 000	752 000	693 000
Total Retained Equity	−52 000	−55 000	−19 000
Total Equity	487 000	512 000	567 000
Total Long-Term Debt	187 000	237 000	110 000
Total Current Debt	4 000	3 000	16 000
Total Equity and Debt	678 000	752 000	693 000

Cash flow (NOK)	2005	2004	2003
Sales Income	107 000	177 000	132 000
Other Income	122 000	116 000	109 000
Revenue	229 000	293 000	241 000
Cost of Goods Sold	43 000	56 000	1 000
Salary Costs	0	0	0
Depreciation	32 000	35 000	38 000
Impairment	0	0	0
Expenditure	267 000	335 000	254 000
Operating Profit	−38 000	−43 000	−13 000
Financial Income	0	0	1 000
Financial Costs	14 000	12 000	8 000
Financial Balance	−14 000	−12 000	−7 000
Dividends	0	0	0
Net Income	−52 000	−55 000	−19 000

Balance details (NOK)	2005	2004	2003
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	609 000	630 000	522 000
Machinery and Plant Facilities	0	0	0
Fixtures	11 000	22 000	34 000
Total Tangible Assets	620 000	653 000	556 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	620 000	653 000	556 000
Stock	0	0	0
Total Investments	8 000	8 000	8 000
Cash, Bank	0	0	0
Total Current Assets	58 000	100 000	137 000
Total Assets	678 000	752 000	693 000
Total Equity	487 000	512 000	567 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	187 000	237 000	110 000
Creditors	4 000	3 000	16 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	4 000	3 000	16 000
Total Equity and Debt	678 000	752 000	693 000

Financial indicators	2005	2004	2003
Return on Equity	−10,68 %	−10,74 %	−3,35 %
Debt-to-Equity Ratio	0,38	0,46	0,19
Operating Profit Margin	−16,59 %	−14,68 %	−5,39 %
Current Ratio	14,5	33,33	8,56
Quick Ratio	14,5	33,33	8,56
Equity Ratio	0,72	0,68	0,82
Gross Profit Margin	81,22 %	80,89 %	99,59 %