NORDVIK VASSVERK SA

9419 SØRVIK

Finances

Share Ownership

Return on Equity

17,26 %

Current Ratio

6,21

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2011	2010	2009	2008
Revenue	251 000	141 000	63 000	62 000
Net Income	68 000	12 000	−74 000	−13 000
Total Assets	543 000	624 000	714 000	794 000
Total Equity	394 000	164 000	177 000	198 000

Income (NOK)	2011	2010	2009	2008
Revenue	251 000	141 000	63 000	62 000
Expenditure	155 000	97 000	100 000	34 000
Operating Profit	96 000	44 000	−37 000	28 000
Financial Income	0	0	1 000	6 000
Financial Costs	27 000	35 000	41 000	47 000
Financial Balance	−27 000	−35 000	−40 000	−41 000
Earnings Before Tax	68 000	9 000	−77 000	−13 000
Tax	0	−3 000	−4 000	0
Net Income	68 000	12 000	−74 000	−13 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	424 000	529 000	289 000	160 000
Total Current Assets	118 000	95 000	425 000	634 000
Total Assets	543 000	624 000	714 000	794 000
Total Retained Equity	205 000	137 000	124 000	198 000
Total Equity	394 000	164 000	177 000	198 000
Total Long-Term Debt	130 000	460 000	538 000	588 000
Total Current Debt	19 000	0	0	8 000
Total Equity and Debt	543 000	624 000	714 000	794 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	97 000	63 000	63 000	62 000
Other Income	154 000	78 000	0	0
Revenue	251 000	141 000	63 000	62 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	105 000	29 000	16 000	0
Impairment	0	0	0	0
Expenditure	155 000	97 000	100 000	34 000
Operating Profit	96 000	44 000	−37 000	28 000
Financial Income	0	0	1 000	6 000
Financial Costs	27 000	35 000	41 000	47 000
Financial Balance	−27 000	−35 000	−40 000	−41 000
Dividends	0	0	0	0
Net Income	68 000	12 000	−74 000	−13 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	424 000	529 000	289 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	424 000	529 000	289 000	160 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	424 000	529 000	289 000	160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	118 000	95 000	425 000	634 000
Total Assets	543 000	624 000	714 000	794 000
Total Equity	394 000	164 000	177 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	130 000	460 000	538 000	588 000
Creditors	5 000	0	0	1 000
Unpaid Taxes	14 000	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	19 000	0	0	8 000
Total Equity and Debt	543 000	624 000	714 000	794 000

Financial indicators	2011	2010	2009	2008
Return on Equity	17,26 %	7,32 %	−41,81 %	−6,57 %
Debt-to-Equity Ratio	0,33	2,8	3,04	2,97
Operating Profit Margin	38,25 %	31,21 %	−58,73 %	45,16 %
Current Ratio	6,21	-	-	79,25
Quick Ratio	6,21	-	-	79,25
Equity Ratio	0,73	0,26	0,25	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %