VARDEN SKOLE

9161 BURFJORD

Finances

Share Ownership

Return on Equity

−7,53 %

Current Ratio

6,67

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2011	2010	2009	2008
Revenue	610 000	1 575 000	2 132 000	2 122 000
Net Income	−105 000	−119 000	90 000	10 000
Total Assets	1 984 000	2 321 000	2 571 000	2 557 000
Total Equity	1 395 000	1 500 000	1 619 000	1 508 000

Income (NOK)	2011	2010	2009	2008
Revenue	610 000	1 575 000	2 132 000	2 122 000
Expenditure	653 000	1 617 000	2 016 000	2 070 000
Operating Profit	−86 000	−100 000	117 000	52 000
Financial Income	4 000	7 000	5 000	11 000
Financial Costs	23 000	25 000	33 000	54 000
Financial Balance	−19 000	−18 000	−28 000	−43 000
Earnings Before Tax	−105 000	−119 000	90 000	10 000
Tax	0	0	0	0
Net Income	−105 000	−119 000	90 000	10 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	1 824 000	1 904 000	1 984 000	2 064 000
Total Current Assets	160 000	417 000	587 000	493 000
Total Assets	1 984 000	2 321 000	2 571 000	2 557 000
Total Retained Equity	1 395 000	1 500 000	1 619 000	1 508 000
Total Equity	1 395 000	1 500 000	1 619 000	1 508 000
Total Long-Term Debt	565 000	645 000	725 000	805 000
Total Current Debt	24 000	175 000	227 000	244 000
Total Equity and Debt	1 984 000	2 321 000	2 571 000	2 557 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	439 000	1 451 000	99 000	2 029 000
Other Income	170 000	125 000	2 033 000	93 000
Revenue	610 000	1 575 000	2 132 000	2 122 000
Cost of Goods Sold	4 000	18 000	26 000	20 000
Salary Costs	471 000	1 369 000	1 642 000	1 667 000
Depreciation	80 000	80 000	80 000	80 000
Impairment	0	0	0	0
Expenditure	653 000	1 617 000	2 016 000	2 070 000
Operating Profit	−86 000	−100 000	117 000	52 000
Financial Income	4 000	7 000	5 000	11 000
Financial Costs	23 000	25 000	33 000	54 000
Financial Balance	−19 000	−18 000	−28 000	−43 000
Dividends	0	0	0	0
Net Income	−105 000	−119 000	90 000	10 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 822 000	1 902 000	1 982 000	2 063 000
Machinery and Plant Facilities	0	0	2 000	1 000
Fixtures	2 000	2 000	0	0
Total Tangible Assets	1 824 000	1 904 000	1 984 000	2 064 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 824 000	1 904 000	1 984 000	2 064 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	417 000	586 000	493 000
Total Current Assets	160 000	417 000	587 000	493 000
Total Assets	1 984 000	2 321 000	2 571 000	2 557 000
Total Equity	1 395 000	1 500 000	1 619 000	1 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	565 000	645 000	725 000	805 000
Creditors	0	0	18 000	27 000
Unpaid Taxes	20 000	25 000	46 000	47 000
Dividends	0	0	0	0
Other Current Debt	3 000	150 000	162 000	169 000
Total Current Debt	24 000	175 000	227 000	244 000
Total Equity and Debt	1 984 000	2 321 000	2 571 000	2 557 000

Financial indicators	2011	2010	2009	2008
Return on Equity	−7,53 %	−7,93 %	5,56 %	0,66 %
Debt-to-Equity Ratio	0,41	0,43	0,45	0,53
Operating Profit Margin	−14,1 %	−6,35 %	5,49 %	2,45 %
Current Ratio	6,67	2,38	2,59	2,02
Quick Ratio	6,67	2,38	2,59	2,02
Equity Ratio	0,7	0,65	0,63	0,59
Gross Profit Margin	99,34 %	98,86 %	98,78 %	99,06 %