PROVENTURE SEED III AS

7010 TRONDHEIM

Finances

Return on Equity

−19,56 %

Current Ratio

97,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−19 084 000	−9 485 000	−8 434 000	−289 000
Total Assets	97 956 000	93 502 000	40 247 000	30 000
Total Equity	97 580 000	93 029 000	39 988 000	−264 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 393 000	9 706 000	8 252 000	289 000
Operating Profit	−11 393 000	−9 706 000	−8 252 000	−289 000
Financial Income	1 119 000	151 000	62 000	0
Financial Costs	8 810 000	−70 000	244 000	0
Financial Balance	−7 691 000	221 000	−182 000	0
Earnings Before Tax	−19 084 000	−9 485 000	−8 434 000	−289 000
Tax	0	0	0	0
Net Income	−19 084 000	−9 485 000	−8 434 000	−289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 405 000	1 000 000	0	0
Total Current Assets	36 551 000	92 502 000	40 247 000	30 000
Total Assets	97 956 000	93 502 000	40 247 000	30 000
Total Retained Equity	0	0	0	−289 000
Total Equity	97 580 000	93 029 000	39 988 000	−264 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	376 000	472 000	259 000	295 000
Total Equity and Debt	97 956 000	93 502 000	40 247 000	30 000

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	377 000	525 000	228 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 393 000	9 706 000	8 252 000	289 000
Operating Profit	−11 393 000	−9 706 000	−8 252 000	−289 000
Financial Income	1 119 000	151 000	62 000	0
Financial Costs	8 810 000	−70 000	244 000	0
Financial Balance	−7 691 000	221 000	−182 000	0
Dividends	0	0	0	0
Net Income	−19 084 000	−9 485 000	−8 434 000	−289 000

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	61 405 000	1 000 000	0	0
Total Fixed Assets	61 405 000	1 000 000	0	0
Stock	0	0	0	0
Total Investments	11 470 000	40 278 000	22 388 000	0
Cash, Bank	18 999 000	39 567 000	17 738 000	30 000
Total Current Assets	36 551 000	92 502 000	40 247 000	30 000
Total Assets	97 956 000	93 502 000	40 247 000	30 000
Total Equity	97 580 000	93 029 000	39 988 000	−264 000
Short-Term Group Debt	0	0	0	289 000
Total Long-Term Debt	0	0	0	0
Creditors	0	96 000	31 000	6 000
Unpaid Taxes	47 000	47 000	0	0
Dividends	0	0	0	0
Other Current Debt	330 000	330 000	228 000	0
Total Current Debt	376 000	472 000	259 000	295 000
Total Equity and Debt	97 956 000	93 502 000	40 247 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,56 %	−10,2 %	−21,09 %	109,47 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	97,21	195,98	155,39	0,1
Quick Ratio	97,21	195,98	155,39	0,1
Equity Ratio	1	0,99	0,99	−8,8
Gross Profit Margin	-	-	-	-