BJAAVANN GOLFKLUBB - KRISTIANSAND

4634 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

11,16 %

Current Ratio

0,29

Debt-to-Equity Ratio

−6,04

Key figures (NOK)	2009	2008	2006
Revenue	7 191 000	7 410 000	5 926 000
Net Income	−650 000	−1 205 000	−1 754 000
Total Assets	32 134 000	33 447 000	35 436 000
Total Equity	−5 826 000	−5 175 000	−2 743 000

Income (NOK)	2009	2008	2006
Revenue	7 191 000	7 410 000	5 926 000
Expenditure	7 281 000	7 896 000	7 082 000
Operating Profit	−89 000	−486 000	−1 155 000
Financial Income	2 000	12 000	3 000
Financial Costs	564 000	731 000	601 000
Financial Balance	−562 000	−719 000	−598 000
Earnings Before Tax	−650 000	−1 205 000	−1 754 000
Tax	0	0	0
Net Income	−650 000	−1 205 000	−1 754 000

Balance (NOK)	2009	2008	2006
Total Fixed Assets	31 324 000	31 444 000	34 699 000
Total Current Assets	810 000	2 004 000	737 000
Total Assets	32 134 000	33 447 000	35 436 000
Total Retained Equity	−5 826 000	−5 175 000	−2 743 000
Total Equity	−5 826 000	−5 175 000	−2 743 000
Total Long-Term Debt	35 189 000	35 317 000	37 410 000
Total Current Debt	2 771 000	3 306 000	769 000
Total Equity and Debt	32 134 000	33 447 000	35 436 000

Cash flow (NOK)	2009	2008	2006
Sales Income	2 542 000	2 823 000	2 565 000
Other Income	4 649 000	4 587 000	3 361 000
Revenue	7 191 000	7 410 000	5 926 000
Cost of Goods Sold	26 000	14 000	163 000
Salary Costs	2 214 000	2 153 000	1 524 000
Depreciation	450 000	514 000	1 141 000
Impairment	0	0	0
Expenditure	7 281 000	7 896 000	7 082 000
Operating Profit	−89 000	−486 000	−1 155 000
Financial Income	2 000	12 000	3 000
Financial Costs	564 000	731 000	601 000
Financial Balance	−562 000	−719 000	−598 000
Dividends	0	0	0
Net Income	−650 000	−1 205 000	−1 754 000

Balance details (NOK)	2009	2008	2006
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	27 530 000	27 228 000	4 084 000
Machinery and Plant Facilities	2 325 000	2 422 000	0
Fixtures	1 057 000	1 330 000	31 719 000
Total Tangible Assets	30 912 000	30 981 000	35 804 000
Total Fiancial Fixed Assets	412 000	463 000	−1 105 000
Total Fixed Assets	31 324 000	31 444 000	34 699 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	810 000	2 004 000	737 000
Total Assets	32 134 000	33 447 000	35 436 000
Total Equity	−5 826 000	−5 175 000	−2 743 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	35 189 000	35 317 000	37 410 000
Creditors	66 000	80 000	130 000
Unpaid Taxes	137 000	80 000	158 000
Dividends	0	0	0
Other Current Debt	2 562 000	3 145 000	481 000
Total Current Debt	2 771 000	3 306 000	769 000
Total Equity and Debt	32 134 000	33 447 000	35 436 000

Financial indicators	2009	2008	2006
Return on Equity	11,16 %	23,29 %	63,94 %
Debt-to-Equity Ratio	−6,04	−6,82	−13,64
Operating Profit Margin	−1,24 %	−6,56 %	−19,49 %
Current Ratio	0,29	0,61	0,96
Quick Ratio	0,29	0,61	0,96
Equity Ratio	−0,18	−0,15	−0,08
Gross Profit Margin	99,64 %	99,81 %	97,25 %