ØSTENSJØ SKOLES MUSIKKORPS

0682 OSLO

Finances

Share Ownership

Return on Equity

−57,6 %

Current Ratio

22,72

Debt-to-Equity Ratio

Key figures (NOK)	2011	2010	2009
Revenue	987 000	938 000	1 106 000
Net Income	−538 000	−29 000	30 000
Total Assets	977 000	1 493 000	1 539 000
Total Equity	934 000	1 472 000	1 501 000

Income (NOK)	2011	2010	2009
Revenue	987 000	938 000	1 106 000
Expenditure	1 545 000	995 000	671 000
Operating Profit	−558 000	−56 000	−11 000
Financial Income	20 000	28 000	41 000
Financial Costs	0	0	0
Financial Balance	20 000	28 000	41 000
Earnings Before Tax	−538 000	−29 000	30 000
Tax	0	0	0
Net Income	−538 000	−29 000	30 000

Balance (NOK)	2011	2010	2009
Total Fixed Assets	0	0	0
Total Current Assets	977 000	1 493 000	1 539 000
Total Assets	977 000	1 493 000	1 539 000
Total Retained Equity	934 000	1 472 000	1 501 000
Total Equity	934 000	1 472 000	1 501 000
Total Long-Term Debt	0	0	0
Total Current Debt	43 000	21 000	38 000
Total Equity and Debt	977 000	1 493 000	1 539 000

Cash flow (NOK)	2011	2010	2009
Sales Income	828 000	819 000	882 000
Other Income	159 000	119 000	224 000
Revenue	987 000	938 000	1 106 000
Cost of Goods Sold	707 000	273 000	0
Salary Costs	602 000	543 000	404 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 545 000	995 000	671 000
Operating Profit	−558 000	−56 000	−11 000
Financial Income	20 000	28 000	41 000
Financial Costs	0	0	0
Financial Balance	20 000	28 000	41 000
Dividends	0	0	0
Net Income	−538 000	−29 000	30 000

Balance details (NOK)	2011	2010	2009
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	938 000	1 470 000	0
Total Current Assets	977 000	1 493 000	1 539 000
Total Assets	977 000	1 493 000	1 539 000
Total Equity	934 000	1 472 000	1 501 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	13 000	6 000	1 000
Unpaid Taxes	14 000	3 000	1 000
Dividends	0	0	0
Other Current Debt	16 000	11 000	36 000
Total Current Debt	43 000	21 000	38 000
Total Equity and Debt	977 000	1 493 000	1 539 000

Financial indicators	2011	2010	2009
Return on Equity	−57,6 %	−1,97 %	2 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−56,53 %	−5,97 %	−0,99 %
Current Ratio	22,72	71,1	40,5
Quick Ratio	22,72	71,1	40,5
Equity Ratio	0,96	0,99	0,98
Gross Profit Margin	28,37 %	70,9 %	100 %