344516132013-01-012013-12-31344516132012-01-012012-12-31344516132013-12-31344516132012-12-31344516132013-01-012013-12-310344516132013-01-012013-12-31fsa:RetainedEarningsMember344516132012-01-012012-12-31fsa:RetainedEarningsMemberiso4217:DKKsharespure2014-06-02Arunas MesenasKøbenhavn2014-06-02Regnskabsklasse BfalsefalseIngen bistandÅrsrapport34451613Vind Trade K/SNybrogade 181203København K22 47 86 48vat.strandhouse@gmail.com2013-01-012013-12-31Kvist Revision, Godkendt RevisionsanpartsselskabCenter Boulevard 52300, København SThe Annual Report has been prepared in conformity with the Financial Statements Act.The unaudited Annual Report has been prepared in conformity with the Financial Statements Act. The Executive Board considers the conditions for not performing an audit to have been met.Audit of financial statementsThe Company meets the requirements of section 135 of the Financial Statements Act and may therefore present unaudited financial statements. Management proposes to the General Meeting a resolution that the financial statements of the Company not be audited in future.Chairman's notesThe General Meeting has today discussed and adopted Management's proposal not to audit financial statements. GENERAL INFORMATIONThe financial statements of Vind Trade K/S for the financial year 2013 have been prepared in conformity with the provisions of the Financial Statements Act on class B enterprises. The accounting policies applied in the financial statements are consistent with those of the previous year. The reporting currency is Danish kroner.Recognition and measurement in general The financial statements have been prepared under the historical cost convention. Income is recognised in the income statement when earned. Value adjustments of financial assets and liabilities measured at fair value or amortised cost are also recognised in the income statement. Costs incurred to generate the earnings for the year are also recognised in the income statement, including amortisation, depreciation, impairment losses and provisions as well as reversals resulting from changed accounting estimates of amounts previously recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future financial benefits will flow to the Company and it is possible to obtain a reliable measurement of the individual assets. Liabilities are recognised in the balance sheet when it is probable that future financial benefits will flow from the Company and it is possible to obtain a reliable measurement of the individual liabilities. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item. Anticipated losses and risks arising before the presentation of the financial statements and confirming or disconfirming facts and circumstances known at the reporting date are taken into consideration at recognition and measurement.Foreign currency translation Foreign currency transactions are translated at the exchange rates ruling at the transaction dates. Gains and losses arising from movements between the exchange rates at the date of the individual transaction and the date of payment are recognised in the income statement as financial income or financial expenses.INCOME STATEMENT General informationCertain income and expenses have been aggregated in the item designated 'Gross profit' with reference to section 32 of the Financial Statements Act.Gross profitGross profit is a combination of the items of 'Revenue', 'Change in inventories of finished goods, work in progress and goods for resale', 'Other operating income', 'Cost of raw materials and consumables' and 'Other external costs'.Administrative expenses Administrative expenses include expenses for Management and administrative staff, office expenses, amortisation and depreciation, etc.Financial income and expensesFinancial income and expenses are recognised in the income statement based on the amounts which relate to the financial year. Financial income and expenses include interest revenue and expenses, finance charges in respect of finance leases, realised and unrealised capital gains and losses on securities, accounts payable and transactions in foreign currencies, repayment on mortgage loans, and surcharges and allowances under the tax prepayment scheme. Dividends from other equity investments are recognised as income in the financial year in which the dividends are declared.BALANCE SHEETReceivablesReceivables are measured at amortised cost, which normally corresponds to the nominal value. The value is reduced by an allowance for expected impairment losses. Impairment of accounts receivable past due is established on individual assessment of receivables.Other payables, comprising trade payables and amounts owed to Group enterprises and associates and other accounts payable, are measured at amortised cost, which normally corresponds to the nominal value.2386808-123868096443623223731 Equity Contributed capital 86.568 086.568 Retained earnings 479.228 2.322.3732.801.601 565.796 2.322.3732.888.169 2 Contingencies, etc. 3 Charges and securities 000008459484594845941695556408522957807853550258162875900881865682801601288816924539820558730301271230127125900881000000000000000000Kvist Revision, Godkendt Revisionsanpartsselskab23223730