LAND MONTESSORIBARNEHAGE SA

2861 LANDÅSBYGDA

Finances

Share Ownership

Return on Equity

51,13 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2013	2012	2011
Revenue	1 878 000	1 257 000	212 000
Net Income	248 000	237 000	−45 000
Total Assets	1 099 000	582 000	38 000
Total Equity	485 000	208 000	−41 000

Income (NOK)	2013	2012	2011
Revenue	1 878 000	1 257 000	212 000
Expenditure	1 630 000	1 020 000	257 000
Operating Profit	247 000	237 000	−45 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	248 000	237 000	−45 000
Tax	0	0	0
Net Income	248 000	237 000	−45 000

Balance (NOK)	2013	2012	2011
Total Fixed Assets	0	412 000	0
Total Current Assets	1 099 000	170 000	38 000
Total Assets	1 099 000	582 000	38 000
Total Retained Equity	468 000	192 000	−45 000
Total Equity	485 000	208 000	−41 000
Total Long-Term Debt	0	0	0
Total Current Debt	614 000	374 000	79 000
Total Equity and Debt	1 099 000	582 000	38 000

Cash flow (NOK)	2013	2012	2011
Sales Income	1 878 000	1 257 000	212 000
Other Income	0	0	0
Revenue	1 878 000	1 257 000	212 000
Cost of Goods Sold	67 000	37 000	7 000
Salary Costs	1 286 000	832 000	239 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 630 000	1 020 000	257 000
Operating Profit	247 000	237 000	−45 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	248 000	237 000	−45 000

Balance details (NOK)	2013	2012	2011
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	412 000	0
Total Fixed Assets	0	412 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	926 000	144 000	0
Total Current Assets	1 099 000	170 000	38 000
Total Assets	1 099 000	582 000	38 000
Total Equity	485 000	208 000	−41 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	8 000	7 000	6 000
Unpaid Taxes	99 000	54 000	0
Dividends	0	0	0
Other Current Debt	506 000	312 000	73 000
Total Current Debt	614 000	374 000	79 000
Total Equity and Debt	1 099 000	582 000	38 000

Financial indicators	2013	2012	2011
Return on Equity	51,13 %	113,94 %	109,76 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	13,15 %	18,85 %	−21,23 %
Current Ratio	1,79	0,45	0,48
Quick Ratio	1,79	0,45	0,48
Equity Ratio	0,44	0,36	−1,08
Gross Profit Margin	96,43 %	97,06 %	96,7 %