PROVENTURE SEED II AS

7010 TRONDHEIM

Finances

Return on Equity

−29,43 %

Current Ratio

409,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−61 042 000	−12 206 000	−17 134 000	−14 779 000
Total Assets	207 942 000	234 100 000	193 560 000	168 962 000
Total Equity	207 434 000	233 477 000	193 184 000	168 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	13 558 000	13 631 000	13 736 000	14 474 000
Operating Profit	−13 558 000	−13 631 000	−13 736 000	−14 474 000
Financial Income	694 000	156 000	548 000	495 000
Financial Costs	48 178 000	−1 269 000	3 946 000	800 000
Financial Balance	−47 484 000	1 425 000	−3 398 000	−305 000
Earnings Before Tax	−61 042 000	−12 206 000	−17 134 000	−14 779 000
Tax	0	0	0	0
Net Income	−61 042 000	−12 206 000	−17 134 000	−14 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	207 942 000	234 100 000	193 560 000	168 962 000
Total Assets	207 942 000	234 100 000	193 560 000	168 962 000
Total Retained Equity	0	0	0	−102 723 000
Total Equity	207 434 000	233 477 000	193 184 000	168 318 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	508 000	623 000	377 000	644 000
Total Equity and Debt	207 942 000	234 100 000	193 560 000	168 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	384 000	379 000	347 000	455 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 558 000	13 631 000	13 736 000	14 474 000
Operating Profit	−13 558 000	−13 631 000	−13 736 000	−14 474 000
Financial Income	694 000	156 000	548 000	495 000
Financial Costs	48 178 000	−1 269 000	3 946 000	800 000
Financial Balance	−47 484 000	1 425 000	−3 398 000	−305 000
Dividends	0	0	0	0
Net Income	−61 042 000	−12 206 000	−17 134 000	−14 779 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	191 580 000	198 147 000	164 424 000	141 981 000
Cash, Bank	16 318 000	35 823 000	29 082 000	26 938 000
Total Current Assets	207 942 000	234 100 000	193 560 000	168 962 000
Total Assets	207 942 000	234 100 000	193 560 000	168 962 000
Total Equity	207 434 000	233 477 000	193 184 000	168 318 000
Short-Term Group Debt	0	0	0	35 000
Total Long-Term Debt	0	0	0	0
Creditors	121 000	246 000	0	0
Unpaid Taxes	47 000	47 000	47 000	47 000
Dividends	0	0	0	0
Other Current Debt	341 000	330 000	330 000	562 000
Total Current Debt	508 000	623 000	377 000	644 000
Total Equity and Debt	207 942 000	234 100 000	193 560 000	168 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,43 %	−5,23 %	−8,87 %	−8,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	409,33	375,76	513,42	262,36
Quick Ratio	409,33	375,76	513,42	262,36
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-