STIFTELSEN FIRST SEED HEDMARK

2317 HAMAR

Finances

Return on Equity

−5,41 %

Current Ratio

274,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	14 000
Net Income	−4 784 000	−2 451 000	−2 427 000	−1 937 000
Total Assets	88 621 000	93 402 000	95 893 000	98 375 000
Total Equity	88 399 000	93 183 000	95 634 000	98 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	14 000
Expenditure	3 356 000	3 373 000	3 371 000	3 686 000
Operating Profit	−3 356 000	−3 373 000	−3 371 000	−3 672 000
Financial Income	1 505 000	922 000	944 000	1 735 000
Financial Costs	2 932 000	0	0	0
Financial Balance	−1 427 000	922 000	944 000	1 735 000
Earnings Before Tax	−4 784 000	−2 451 000	−2 427 000	−1 937 000
Tax	0	0	0	0
Net Income	−4 784 000	−2 451 000	−2 427 000	−1 937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 998 000	22 906 000	11 893 000	8 096 000
Total Current Assets	60 623 000	70 496 000	84 000 000	90 279 000
Total Assets	88 621 000	93 402 000	95 893 000	98 375 000
Total Retained Equity	−11 598 000	−6 814 000	−4 364 000	−1 937 000
Total Equity	88 399 000	93 183 000	95 634 000	98 013 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	221 000	219 000	259 000	362 000
Total Equity and Debt	88 621 000	93 402 000	95 893 000	98 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	14 000
Other Income	0	0	0	0
Revenue	0	0	0	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	428 000	492 000	488 000	482 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 356 000	3 373 000	3 371 000	3 686 000
Operating Profit	−3 356 000	−3 373 000	−3 371 000	−3 672 000
Financial Income	1 505 000	922 000	944 000	1 735 000
Financial Costs	2 932 000	0	0	0
Financial Balance	−1 427 000	922 000	944 000	1 735 000
Dividends	0	0	0	0
Net Income	−4 784 000	−2 451 000	−2 427 000	−1 937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	27 998 000	22 906 000	11 893 000	8 096 000
Total Fixed Assets	27 998 000	22 906 000	11 893 000	8 096 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 609 000	70 496 000	83 777 000	90 203 000
Total Current Assets	60 623 000	70 496 000	84 000 000	90 279 000
Total Assets	88 621 000	93 402 000	95 893 000	98 375 000
Total Equity	88 399 000	93 183 000	95 634 000	98 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	−22 000	2 000	89 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	214 000	241 000	257 000	273 000
Total Current Debt	221 000	219 000	259 000	362 000
Total Equity and Debt	88 621 000	93 402 000	95 893 000	98 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,41 %	−2,63 %	−2,54 %	−1,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−26 228,57 %
Current Ratio	274,31	321,9	324,32	249,39
Quick Ratio	274,31	321,9	324,32	249,39
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	100 %