NORMISJON REGION HORDALAND

5059 BERGEN

Finances

Return on Equity

11,34 %

Current Ratio

5,52

Debt-to-Equity Ratio

Key figures (NOK)	2014	2013	2012
Revenue	2 977 000	2 661 000	2 442 000
Net Income	291 000	208 000	183 000
Total Assets	3 132 000	2 808 000	2 490 000
Total Equity	2 566 000	2 275 000	2 067 000

Income (NOK)	2014	2013	2012
Revenue	2 977 000	2 661 000	2 442 000
Expenditure	2 745 000	2 507 000	2 319 000
Operating Profit	232 000	154 000	124 000
Financial Income	59 000	57 000	60 000
Financial Costs	1 000	2 000	2 000
Financial Balance	58 000	55 000	58 000
Earnings Before Tax	291 000	208 000	183 000
Tax	0	0	0
Net Income	291 000	208 000	183 000

Balance (NOK)	2014	2013	2012
Total Fixed Assets	6 000	6 000	6 000
Total Current Assets	3 126 000	2 802 000	2 484 000
Total Assets	3 132 000	2 808 000	2 490 000
Total Retained Equity	2 566 000	2 275 000	2 067 000
Total Equity	2 566 000	2 275 000	2 067 000
Total Long-Term Debt	0	0	0
Total Current Debt	566 000	533 000	423 000
Total Equity and Debt	3 132 000	2 808 000	2 490 000

Cash flow (NOK)	2014	2013	2012
Sales Income	1 885 000	7 000	47 000
Other Income	1 092 000	2 654 000	2 395 000
Revenue	2 977 000	2 661 000	2 442 000
Cost of Goods Sold	3 000	1 000	3 000
Salary Costs	1 925 000	1 845 000	1 441 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 745 000	2 507 000	2 319 000
Operating Profit	232 000	154 000	124 000
Financial Income	59 000	57 000	60 000
Financial Costs	1 000	2 000	2 000
Financial Balance	58 000	55 000	58 000
Dividends	0	0	0
Net Income	291 000	208 000	183 000

Balance details (NOK)	2014	2013	2012
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 000	6 000	6 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 000	6 000	6 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 000	6 000	6 000
Stock	9 000	0	0
Total Investments	0	0	0
Cash, Bank	2 949 000	2 630 000	2 345 000
Total Current Assets	3 126 000	2 802 000	2 484 000
Total Assets	3 132 000	2 808 000	2 490 000
Total Equity	2 566 000	2 275 000	2 067 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	94 000	132 000	36 000
Unpaid Taxes	161 000	143 000	128 000
Dividends	0	0	0
Other Current Debt	311 000	258 000	260 000
Total Current Debt	566 000	533 000	423 000
Total Equity and Debt	3 132 000	2 808 000	2 490 000

Financial indicators	2014	2013	2012
Return on Equity	11,34 %	9,14 %	8,85 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,79 %	5,79 %	5,08 %
Current Ratio	5,52	5,26	5,87
Quick Ratio	5,61	5,26	5,87
Equity Ratio	0,82	0,81	0,83
Gross Profit Margin	99,9 %	99,96 %	99,88 %