SARSIA SEED FOND II AS

5006 BERGEN

Finances

Return on Equity

−6,27 %

Current Ratio

1 702,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 999 000	−17 253 000	−12 186 000	−11 606 000
Total Assets	207 540 000	149 163 000	101 954 000	79 750 000
Total Equity	207 424 000	149 035 000	101 885 000	79 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	13 557 000	13 087 000	12 376 000	11 785 000
Operating Profit	−13 557 000	−13 087 000	−12 375 000	−11 784 000
Financial Income	557 000	73 000	189 000	178 000
Financial Costs	0	4 238 000	0	0
Financial Balance	557 000	−4 165 000	189 000	178 000
Earnings Before Tax	−12 999 000	−17 253 000	−12 186 000	−11 606 000
Tax	0	0	0	0
Net Income	−12 999 000	−17 253 000	−12 186 000	−11 606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 100 000	5 750 000	2 073 000	0
Total Current Assets	197 440 000	143 413 000	99 880 000	79 750 000
Total Assets	207 540 000	149 163 000	101 954 000	79 750 000
Total Retained Equity	−72 417 000	−59 418 000	−42 166 000	−29 980 000
Total Equity	207 424 000	149 035 000	101 885 000	79 631 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	116 000	128 000	69 000	120 000
Total Equity and Debt	207 540 000	149 163 000	101 954 000	79 750 000

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	389 000	228 000	236 000	224 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 557 000	13 087 000	12 376 000	11 785 000
Operating Profit	−13 557 000	−13 087 000	−12 375 000	−11 784 000
Financial Income	557 000	73 000	189 000	178 000
Financial Costs	0	4 238 000	0	0
Financial Balance	557 000	−4 165 000	189 000	178 000
Dividends	0	0	0	0
Net Income	−12 999 000	−17 253 000	−12 186 000	−11 606 000

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	10 100 000	5 750 000	2 073 000	0
Total Fixed Assets	10 100 000	5 750 000	2 073 000	0
Stock	0	0	0	0
Total Investments	159 705 000	126 128 000	81 815 000	51 002 000
Cash, Bank	37 538 000	17 241 000	18 023 000	28 706 000
Total Current Assets	197 440 000	143 413 000	99 880 000	79 750 000
Total Assets	207 540 000	149 163 000	101 954 000	79 750 000
Total Equity	207 424 000	149 035 000	101 885 000	79 631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	69 000	8 000	8 000
Unpaid Taxes	99 000	60 000	61 000	111 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	116 000	128 000	69 000	120 000
Total Equity and Debt	207 540 000	149 163 000	101 954 000	79 750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,27 %	−11,58 %	−11,96 %	−14,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1 702,07	1 120,41	1 447,54	664,58
Quick Ratio	1 702,07	1 120,41	1 447,54	664,58
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-