STORE STAREFOSS VELFORENING

5019 BERGEN

Finances

Share Ownership

Return on Equity

10,91 %

Current Ratio

2,04

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2009	2008	2007	2006
Revenue	116 000	102 000	99 000	94 000
Net Income	−85 000	−336 000	−406 000	52 000
Total Assets	47 000	142 000	351 000	110 000
Total Equity	−779 000	−600 000	−359 000	110 000

Income (NOK)	2009	2008	2007	2006
Revenue	116 000	102 000	99 000	94 000
Expenditure	156 000	389 000	489 000	0
Operating Profit	−41 000	−287 000	−390 000	52 000
Financial Income	0	0	0	0
Financial Costs	44 000	49 000	17 000	0
Financial Balance	−44 000	−49 000	−17 000	0
Earnings Before Tax	−85 000	−336 000	−406 000	52 000
Tax	0	0	0	0
Net Income	−85 000	−336 000	−406 000	52 000

Balance (NOK)	2009	2008	2007	2006
Total Fixed Assets	0	0	0	110 000
Total Current Assets	47 000	142 000	351 000	0
Total Assets	47 000	142 000	351 000	110 000
Total Retained Equity	−779 000	−695 000	−359 000	0
Total Equity	−779 000	−600 000	−359 000	110 000
Total Long-Term Debt	804 000	699 000	700 000	63 000
Total Current Debt	23 000	43 000	10 000	0
Total Equity and Debt	47 000	142 000	351 000	110 000

Cash flow (NOK)	2009	2008	2007	2006
Sales Income	76 000	62 000	0	61 000
Other Income	40 000	40 000	99 000	33 000
Revenue	116 000	102 000	99 000	94 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	6 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	156 000	389 000	489 000	0
Operating Profit	−41 000	−287 000	−390 000	52 000
Financial Income	0	0	0	0
Financial Costs	44 000	49 000	17 000	0
Financial Balance	−44 000	−49 000	−17 000	0
Dividends	0	0	0	0
Net Income	−85 000	−336 000	−406 000	52 000

Balance details (NOK)	2009	2008	2007	2006
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	0	0	0	0
Total Tangible Assets	0	0	0	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	111 000	328 000	0
Total Current Assets	47 000	142 000	351 000	0
Total Assets	47 000	142 000	351 000	110 000
Total Equity	−779 000	−600 000	−359 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	804 000	699 000	700 000	63 000
Creditors	13 000	31 000	0	0
Unpaid Taxes	0	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	10 000	0
Total Current Debt	23 000	43 000	10 000	0
Total Equity and Debt	47 000	142 000	351 000	110 000

Financial indicators	2009	2008	2007	2006
Return on Equity	10,91 %	56 %	113,09 %	47,27 %
Debt-to-Equity Ratio	−1,03	−1,17	−1,95	0,57
Operating Profit Margin	−35,34 %	−281,37 %	−393,94 %	55,32 %
Current Ratio	2,04	3,3	35,1	-
Quick Ratio	2,04	3,3	35,1	-
Equity Ratio	−16,57	−4,23	−1,02	1
Gross Profit Margin	100 %	100 %	100 %	100 %