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Financial overview
 

The Martinus Institute's financial statement 2017

 

Satisfactory financial result of DKK 1.3 million.

It is with great pleasure that we can present the financial statements for 2017 with a net profit of 1.3 million Danish kroner (DKK) after tax and a balance of equity of DKK 34.5 million.

On 1st January 2017 Fonden Martinus Åndsvidenskabelige Institut (The Martinus Institute of Spiritual Science Fund) merged with The Sam Zinglersen Fund, which owns Martinus' childhood home in Sindal, 2017 thus being the first fiscal year of the combined fund.

The conjoined fund has thus had a good start, and the Council of Martinus Institute considers the financial results for the year to be satisfactory. We can also report that in 2018 we expect a net profit of over DKK 5.0 million since the Martinus Institute has inherited very generous amounts.

The Council’s Report and Financial State incl. the auditor’s comments for 2017 and previous years can be found in Danish here on our website.