AURSUND UNGDOMSLAG

7372 GLÅMOS

Finances

Return on Equity

4,24 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2005	2004	2003
Revenue	676 000	435 000	509 000
Net Income	76 000	−9 000	0
Total Assets	1 791 000	1 720 000	1 754 000
Total Equity	1 791 000	1 720 000	1 754 000

Income (NOK)	2005	2004	2003
Revenue	676 000	435 000	509 000
Expenditure	611 000	440 000	358 000
Operating Profit	65 000	−5 000	151 000
Financial Income	11 000	176 000	22 000
Financial Costs	0	180 000	0
Financial Balance	11 000	−4 000	22 000
Earnings Before Tax	76 000	−9 000	173 000
Tax	0	0	0
Net Income	76 000	−9 000	0

Balance (NOK)	2005	2004	2003
Total Fixed Assets	1 056 000	0	0
Total Current Assets	735 000	1 720 000	1 754 000
Total Assets	1 791 000	1 720 000	1 754 000
Total Retained Equity	0	0	173 000
Total Equity	1 791 000	1 720 000	1 754 000
Total Long-Term Debt	0	0	0
Total Current Debt	0	0	0
Total Equity and Debt	1 791 000	1 720 000	1 754 000

Cash flow (NOK)	2005	2004	2003
Sales Income	676 000	375 000	412 000
Other Income	0	60 000	98 000
Revenue	676 000	435 000	509 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	32 000	10 000	5 000
Impairment	0	0	0
Expenditure	611 000	440 000	358 000
Operating Profit	65 000	−5 000	151 000
Financial Income	11 000	176 000	22 000
Financial Costs	0	180 000	0
Financial Balance	11 000	−4 000	22 000
Dividends	0	0	0
Net Income	76 000	−9 000	0

Balance details (NOK)	2005	2004	2003
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 026 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 026 000	0	0
Total Fiancial Fixed Assets	30 000	0	0
Total Fixed Assets	1 056 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	735 000	1 720 000	1 754 000
Total Assets	1 791 000	1 720 000	1 754 000
Total Equity	1 791 000	1 720 000	1 754 000
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	0	0	0
Total Current Debt	0	0	0
Total Equity and Debt	1 791 000	1 720 000	1 754 000

Financial indicators	2005	2004	2003
Return on Equity	4,24 %	−0,52 %	0 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,62 %	−1,15 %	29,67 %
Current Ratio	-	-	-
Quick Ratio	-	-	-
Equity Ratio	1	1	1
Gross Profit Margin	100 %	100 %	100 %