Balance Sheet
P&L 2008 2009
Revenue - 1,359,130
Cost of goods - 721,830
Gross margin - 637,300
R&D
Sales Marketing
General and Administrative
EBITDA - 637,300
Depreciations 2,383 252,735
EBIT -2,383 384,565
Financial income 2,130 10
Financial expences 3,447 58,840
EBT -3,700 325,735
Tax for the year -925 81,434
Net result for the year -2,775 244,301
Assets 2008 2009
Intellectual property - 525,430
PP&E 4,450 1,798,160
Other equipment and fixtures 24,140 709,230
Total fixed assets 28,590 3,032,820
Inventory 826,000 458,900
Trade receivables 22,550 385,690
Other receivables - 3,890
Tax asset 3,158 81,085
Total receivables 25,708 470,665
Cash 616,867 240,562
Total current assets 1,468,575 1,170,128
Total assets 1,497,165 4,202,948
Liablities 2008 2009
Beginning year share capital 1,250,000 1,250,000
Capital injection 250,000 250,000
Retained earnings (loss) -2,775 491,526
Equity 1,497,225 1,991,526
Long term liabilities
Long term debt 28,727 2,293,346
Short term part of long term debt - 510,820
Trade payables 11,960 578,260
Prepayments and accrued costs - -
Current liabilities 11,960 1,089,080
