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2. the Climbing Gym Industry and Oslo Klatresenter As
Norwegian School of Economics Bergen, Spring 2021 Valuation of Oslo Klatresenter AS A fundamental analysis of a Norwegian climbing gym company Kristoffer Arne Adolfsen Supervisor: Tommy Stamland Master thesis, Economics and Business Administration, Financial Economics NORWEGIAN SCHOOL OF ECONOMICS This thesis was written as a part of the Master of Science in Economics and Business Administration at NHH. Please note that neither the institution nor the examiners are responsible − through the approval of this thesis − for the theories and methods used, or results and conclusions drawn in this work. 2 Abstract The main goal of this master thesis is to estimate the intrinsic value of one share in Oslo Klatresenter AS as of the 2nd of May 2021. The fundamental valuation technique of adjusted present value was selected as the preferred valuation method. In addition, a relative valuation was performed to supplement the primary fundamental valuation. This thesis found that the climbing gym market in Oslo is likely to enjoy a significant growth rate in the coming years, with a forecasted compound annual growth rate (CAGR) in sales volume of 6,76% from 2019 to 2033. From there, the market growth rate is assumed to have reached a steady-state of 3,50%. The period, however, starts with a reduced market size in 2020 and an expected low growth rate from 2020 to 2021 because of the Covid-19 pandemic. Based on this and an assumed new competing climbing gym opening at the beginning of 2026, OKS AS revenue is forecasted to grow with a CAGR of 4,60% from 2019 to 2033. -
Descender Ascender Fall Arrester Belay Device Rescue
TECHNICAL SHEET INTERNATIONAL Ref.0997 GIANT + An innovative multifunctional descender developed to meet the ROPE ACCESS TREE CLIMBING TEAM RESCUE SELF RESCUE demands of the most technical rope access and rescue specialists. The patented internal mechanism combines with robust hot-forged construction and advanced ergonomics for exceptional control even with heavy loads (up to 250 kg for two person scenarios). In addition to its primary function as a descender, the Giant is also Descender certified for use as a fall arrest device (i.e. during rope transfers), as an ascender with smooth upward glide, and as a belay device for Ascender climbing, making it the most widely certified rope tool of its kind. The actuating lever features an anti-panic system that locks the rope Fall arrester and arrests the descent in case of excessive pressure on the lever by the user as well as an extra lock off position so the worker does not have to tie off the device. Belay device An external button can be used to hold the cam open allowing the rope to slide easily in situations with limited or no load. Rescue use The device can be opened to insert or remove the rope without removing the carabiner (this helps prevent the possibility of dropping the device). The large attachment hole allows for the insertion of a second carabiner making the two plates unopenable. The logical circular rope path along with clear internal and external markings makes installation of the rope simple and intuitive. Standards: - EN 12841 as a rope access device for semi-static ropes ranging from 10 to 11.5 mm: - Type C: descender of the working line for loads up to 250 kg (from 11 to 11.5 mm) or 210 kg (from 10 to 10.9 mm); - Type B: ascender of the working line for loads up to 250 kg (from 11 to 11.5 mm) or 210 kg (from 10 to 10.9 mm); - Type A: fall arrester for the safety line for loads up to 120 kg. -
Analysis of the Accident on Air Guitar
Analysis of the accident on Air Guitar The Safety Committee of the Swedish Climbing Association Draft 2004-05-30 Preface The Swedish Climbing Association (SKF) Safety Committee’s overall purpose is to reduce the number of incidents and accidents in connection to climbing and associated activities, as well as to increase and spread the knowledge of related risks. The fatal accident on the route Air Guitar involved four failed pieces of protection and two experienced climbers. Such unusual circumstances ring a warning bell, calling for an especially careful investigation. The Safety Committee asked the American Alpine Club to perform a preliminary investigation, which was financed by a company formerly owned by one of the climbers. Using the report from the preliminary investigation together with additional material, the Safety Committee has analyzed the accident. The details and results of the analysis are published in this report. There is a large amount of relevant material, and it is impossible to include all of it in this report. The Safety Committee has been forced to select what has been judged to be the most relevant material. Additionally, the remoteness of the accident site, and the difficulty of analyzing the equipment have complicated the analysis. The causes of the accident can never be “proven” with certainty. This report is not the final word on the accident, and the conclusions may need to be changed if new information appears. However, we do believe we have been able to gather sufficient evidence in order to attempt an -
Vocabulaire D'escalade Climbing Terms
VOCABULAIRE D'ESCALADE CLIMBING TERMS A - Assurer : To belay Assurer un grimpeur en tête ou en moulinette (To secure a climber) - Assureur : Belayer Personne qui assure un grimpeur (The person securing the climber) - "Avale" / "Sec"/ "Bloque" : "Tight rope" / "Take" Le premier de cordée (ou le second) demande à l'assureur de prendre le mou de la corde (Yelled by the leader or the follower when she/he wants a tighter belay) B - Bac / Baquet : Bucket, Jug Très bonne prise (A large hold) - Baudrier / Baudard : Harness Harnais d'escalade - Bloc : Bouldering, to boulder Escalade de blocs, faire du bloc (Climbing unroped on boulders in Fontainebleau for exemple) C - Casque : Helmet Protection de la tête contre les chutes de pierres... (Protect the head from falling stones...) - Chaussons d'escalade : Climbing shoes Chaussons ou ballerines pourvus d'une gomme très adhérente (Shoes made of sticky rubber) - Corde : Rope - Cotation : Grade Degré de difficulté d'une voie, d'un bloc... (Technical difficulty of the routes, boulders...) - Crux : Crux Le passage délicat dans une voie, le pas de la voie (The hard bit) D - Dalle : Slab Voie ou bloc généralement plat où l'on grimpe en adhérence ou sur grattons (Flat and seemingly featureless, not quite vertical piece of rock) - Daubé / Avoir les bouteilles : Pumped Avoir les avants-bras explosés, ne plus rien sentir... (The felling of overworked muscles) - Dégaine : Quickdraw, quick Deux mousquetons reliés par une sangle (Short sling with karabiners on either side) - Descendeur :Descender Appareil utilisé -
Actsafe T1-16 Tactical Ascender
USER’S MANUAL Rev 1-2011 ENG ActSafe T1-16 Tactical Ascender User’s Manual T1-16 Tactical Ascender 2 T1-16 Tactical Ascender User’s Manual revision 1-2011 © Copyright 2011 ActSafe Systems AB www.actsafe-tactical.com [email protected] 2 © Copyright ActSafe Systems AB Table of contents INTRODUCTION 4 Remote control usage 23 Foreword 4 Covert mode 23 About ActSafe 4 Operation in water 24 About this manual 4 Emergency descent 25 Definitions 5 Charging 26 Disclaimer 5 Transportation 26 Storage 26 SAFETY 6 Ascender safety 6 ACCESSORIES 27 General safety measures 6 Quick-out karabiner 27 Work method analysis recommendation 7 Rope system safety 8 SERVICE & MAINTENANCE 30 Personal safety 9 Clean the ascender 30 Rope recommendation 8 Clean the charging pins 30 Training 10 Changing the primary connection sling 30 Changing the rope grab system 30 SYSTEM DESCRIPTION 11 Remote control, changing the battery 30 General 12 Equipment list 32 Control panel 12 Material 32 Battery 13 Spare parts 32 Battery indicator 14 Remote control 15 TROUBLE SHOOTING GUIDE 33 Operation in water 16 Buoyancy aid 16 WARRANTY & GUARANTEE 36 Emergency descent 17 Limitation of liability 36 Charger 18 Overload/heat monitoring/protection 18 TECHNICAL DATA 37 USAGE 19 APPENDIX 38 Checklist before and after use 19 Connect to rope 20 Ascent & descent 21 Twisted rope, rotation 22 User’s Manual T1-16 Tactical Ascender 3 INTRODUCTION INTRODUCTION Foreword About this manual Thank you for choosing a product from The information in this manual cannot ActSafe Systems AB®. replace training and exercise. The ascender When used correctly this ascender will must only be used by personnel who have revolutionize the way you work at height. -
Ice and Mixed Festival Equipment Notes Chicks N Picks Ice Climbing Clinic
Ice and Mixed Festival Equipment Notes Chicks N Picks Ice Climbing Clinic Due to the nature of the mountain environment, equipment and clothing must be suitable for its intended purpose. It must be light, remain effective when wet or iced, and dry easily. These notes will help you make informed choices, which will save you time and money. Bring the mandatory clothing and wet weather gear, and any equipment you already own that is on the equipment checklist. This gives you an opportunity to practice with your gear and equipment, so that you become efficient at using it out in the field. Adventure Consultants is able to offer clients good prices on a range of clothing and equipment. Please feel free to contact us, if you need assistance with making a purchase or advice on specific products. BODY WEAR There are numerous fabrics, which are both water resistant and breathable such as Gore-Tex, Event, Polartec Neoshell, Pertex Shield and Entrant etc. These fabrics are expensive but can last for years if well looked after. Shell clothing should be seam sealed during the manufacturing process (tape sealed on the seams) or it will leak through the stitching. It also should be easy to move in and easy to put on and take off, when wearing gloves or mitts. Shell clothing made of PVC or similar totally waterproof non-breathable material is not suitable as moisture cannot escape when you are exerting energy, resulting in getting wet from the inside out! Therefore fabric breathability is very important when you are active in the mountains. -
Self Rescue for Rock Climbers
Self Rescue for Rock Climbers So you know how to climb, maybe you are even proficient at lead climbing. Have you ever thought about what would happen if something goes wrong? What if the climber you are belaying gets injured, and you are unable to lower them back to the ground? Simple accidents like this have been the beginning of many serious injuries and even fatalities. With some basic theory and techniques, you will have the tools needed to confront these problems in a calm, systematic manner. This one day skills course will teach you how to use the equipment you already are carrying, to improvise rescue systems and get you and your team out of a jam. Every climber needs to know these skills! Skills covered: • Technical systems review, including belaying off the anchor • Belay escapes • rope ascending and descending • counter balance ascending and descending with an injured climber • raising systems, including 3:1 and 5:1 • lowering systems with a knot pass Prerequisites: Basic outdoor rock climbing experience required. Lead climbing experience is recommended, but not required. All programs directed by Adrian Ballinger AMGA - IFMGA Certified Mountain Guide ©2004-2016 All Rights Reserved Alpenglow Expeditions ! Price: $189 Location: Alpenglow runs our rock climbing courses on the Iconic Donner Summit, in Truckee, California. Specific meeting location details will be provided before the course starts. What to bring: The weather can vary wildly on Donner Summit, from cold and windy to hot and sunny. It is important that you have the proper clothing to be comfortable while in the field. -
Reviewing Ascenders for Rope Access
Review of the use of ascenders in rope access. Ascenders are being used extensively in rope access. However. As with anything else, there is a tendency to accept and establish practices even though new knowledge, techniques and tools may have changed over time. Sometimes it might be worth going back to investigate the evidence and the scientific background for the established practices. This is an attempt at that, regarding our use of ascenders. Two basically different constructions: To start with it is important to understand, that there are vital differences in the construction and subsequently in the use of the Petzl Croll/new Petzl Basic and the Petzl Ascension/old Petzl Basic, as it is also outlined by the manufacturer. Old and new Petzl Basic. The primary difference lies with the construction of the two tools. In the Ascension/old Basic, there are two holes at the top of the tool on opposing sides of the rope channel, allowing a carabiner to be placed there, thus strengthening the construction and at the same time keeping the rope in place in the rope channel, even when the ascender is being used in a non vertical position. In the User Manual for the Petzl Croll (B16) and for the (new) Petzl Basic (B18), the manufacturer clearly warns against using them on non-vertical ropes due to the risk of the rope unclipping itself: Ascenders for rope access use. A review. 1 of 6. © ScanRope, 2014. www.scanrope.eu In the User Manual for the Petzl Ascension (and old Petzl Basic), however, it says, that..: ”The ASCENSION and BASIC ascenders are designed to be loaded in a direction parallel to the rope; if loaded at an angle to the rope, the cam may not correctly engage the rope and slippage can occur (See the technical notice, diagram 2). -
Smith Rock (All Dates Are Month/Day/Year)
Smith Rock (all dates are month/day/year) 5.2 Arrowpoint, Northwest Corner (5.2 Trad) comments: This is the obvious way up the Arrowpoint. Although extremely short, it rewards one with a rare Smith summit experience, which is nice after climbing one of the multi-pitch routes on Smith Rock group. Unfortunately, the Arrowhead is not the true summit of the Smith Rock group. gear: 3 or 4 cams to #3 Camalot ascents: 06/25/2005 lead (approached via Sky Ridge) 03/23/2009 lead (approached via Sky Ridge, PB seconded) 5.5 New Route Left of Purple Headed Warrior (5.5 ? Bolts) comments: Squeeze job with so-so climbing. ascents: 11/6/2016 lead Bits and Pieces (1st Pitch) (5.5 Bolts) comments: Very easy fun route on huge knobs. ascents: 06/17/2001 lead My Little Pony (5.5 Bolts) comments: To the right of the Adventurous Pillar there are four bolted routes. This is the fourth one from the left. ascents: 05/09/2004 lead Night Flight (5.5 Bolts) comments: Route 22 in the Dihedrals section of smithrock.com, to the left of Left Slab Crack. Nice and easy lead. ascents: 03/16/2001 lead 03/30/2001 2nd (continued on Easy Reader 2nd pitch) North Slab Crack (5.5X or TR) comments: Horrible route. ascents: 09/16/2000 (TR) Pack Animal (to Headless Horseman belay) (5.5 Trad) comments: Easy and short trad lead. ascents: 02/08/2004 lead Spiderman Variation (1st pitch) (5.5 Trad) comments: Nice, but not as good as the 1st pitch of Spiderman proper. -
Multi-Pitch Trad Course
MULTI-PITCH TRAD COURSE This course is designed to teach the skills required to complete climb multi-pitch trad routes. Students will be given time and education to safely and efficiently lead multi-pitch climbs. Skills Covered Building of 3-point gear anchors Belaying a follower from the top with an auto-blocking device Swapping leads Being efficient on climbs including proper rope management Basic rescue techniques Understanding route selection Graduation Criteria Safely lead 1 multi-pitch trad route Prerequisites Single-pitch trad course or equivalent o Ability to lead on trad gear up to 5.6 o Ability to rappel safely o Ability to build a top-rope anchor on bolts o Basic skills to climb cracks Summary of Activities 1 evening kickoff session 2 evenings for skills review 2 weekend days of outdoor multi-pitch mock leading on trad gear 2 weekend days of outdoor multi-pitch leading on trad gear Student Gear List *Please DO NOT purchase gear until after our Kick Off Session (#17 & #18 are above what is required for the single-pitch course) 1. Climbing helmet 2. Rock climbing shoes 3. Harness 4. 1 personal anchor (Metolius) + locking carabiner 5. 6 single alpine slings 6. 2 double alpine slings 7. 1 triple alpine sling 8. 18 standard-sized non-locking carabiners (2 per sling) 9. 6 locking carabiners (in addition to the one in #4) 10. One set of standard-sized cams One cam each matching the following Black Diamond sizes: .3, .4, .5, .75, 1, 2, 3 11. 7 carabiners – one for each cam Do not need to be full sized Getting carabiners that match the color of your cams will be helpful 12. -
Rescue Response Gear Rigging Lab Sisters, OR Rope Rescue Course
Rescue Response Gear Rigging Lab Sisters, OR Rope Rescue Course Text Awareness Level Operations Level Technician Level This textbook is for the exclusive use of participants of the RRG Rigging Lab. Pat Rhodes RRG Rigging Lab Rope Rescue Course Text, © 2011, Rhodes 2 Rope Rescue Course Text Disclaimer: This book is intended for the exclusive use of participants of the RRG Rigging Lab. Rope rescue is inherently dangerous, even if the techniques, procedures and illustrations in this book are diligently followed, serious injury and/or death may result. This book makes no claim to be all-inclusive on the subject of rope rescue. There is no substitute for quality training under the guidance of a qualified instructor. Insofar as the author of this book has no control over the level of expertise of the reader of this material, or the manner this information is used, the author assumes no responsibility for the reader’s use of this book. There is no warranty, either expressed or implied, for the accuracy and/or reliability for the information contained hereof. RRG Rigging Lab, Rope Rescue Course Text, © Copyright 2011, Rhodes. All rights reserved for the contents of this manual. NO unauthorized duplication by any means without prior written permission from the author. RRG Rigging Lab Rope Rescue Course Text, © 2011, Rhodes 3 RRG Rigging Lab Rope Rescue Course Text, © 2011, Rhodes 4 RescueRig Rope Rescue Course Text Contents Section 1 Awareness Level 6 Chapter 1 Commitment to Excellence 6 Chapter 2, Managing a Technical Rescue 12 Definitions 27 -
Sometimes the Leader Does Fall... a Look Into the Experiences of Ice Climbers Who Have Fallen on Ice Screws
SOMETIMES THE LEADER DOES FALL... A LOOK INTO THE EXPERIENCES OF ICE CLIMBERS WHO HAVE FALLEN ON ICE SCREWS Kel Rossiter Ed.D., Educational Leadership & Policy Studies--M.S., Kinesiology/Outdoor Education AMGA Certified Rock & Alpine Guide INTRODUCTION/BACKGROUND Last winter a climber with Adventure Spirit Rock+Ice+Alpine was asking me about the holding power of ice screws. We discussed the various lab studies that have been done (a list of links to some interesting ones can be found at the bottom of this paper) then he said, “That's great, but has anyone ever specifically done research into how they actually perform in the field?” He had a point. While the dictum in ice climbing is that “the leader never falls,” in the end, they sometimes do. So presumably there was an ample population from which to sample— but I was unaware of any actual field research done with this population. So, fueled by that question, I decided to explore the topic. The results of this inquiry appear below. Though I have a background in research, make no mistake: This presentation of findings should not be viewed through the same lens as academic research. Aside from running it by a few academic-climber friends there has been only an informal peer review, there are significant short-comings in the methodology (noted below), and ideas are put forth that don't necessarily build directly on prior research (largely because—as noted—there really hasn't been much research on the topic and much less field research). In addition, this write up is not done in the typical “5 Part” research format of Introduction, Methodology, Results, Analysis, and Conclusion.