STIFTELSEN SEED FORUM NORWAY

0276 OSLO

Finances

Share Ownership

Return on Equity

9,34 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 107 000	1 087 000	1 592 000	1 025 000
Net Income	38 000	50 000	37 000	435 000
Total Assets	639 000	953 000	879 000	2 892 000
Total Equity	407 000	368 000	319 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 107 000	1 087 000	1 592 000	1 025 000
Expenditure	1 056 000	1 020 000	1 548 000	581 000
Operating Profit	52 000	67 000	45 000	443 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	3 000	−3 000	4 000
Financial Balance	−3 000	−2 000	3 000	−4 000
Earnings Before Tax	49 000	65 000	47 000	439 000
Tax	11 000	15 000	11 000	4 000
Net Income	38 000	50 000	37 000	435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	639 000	953 000	879 000	2 892 000
Total Assets	639 000	953 000	879 000	2 892 000
Total Retained Equity	207 000	168 000	119 000	82 000
Total Equity	407 000	368 000	319 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	233 000	585 000	561 000	2 610 000
Total Equity and Debt	639 000	953 000	879 000	2 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 027 000	1 055 000	1 542 000	30 000
Other Income	80 000	33 000	50 000	994 000
Revenue	1 107 000	1 087 000	1 592 000	1 025 000
Cost of Goods Sold	−8 000	453 000	62 000	17 000
Salary Costs	170 000	209 000	551 000	43 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 056 000	1 020 000	1 548 000	581 000
Operating Profit	52 000	67 000	45 000	443 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	3 000	−3 000	4 000
Financial Balance	−3 000	−2 000	3 000	−4 000
Dividends	0	0	0	0
Net Income	38 000	50 000	37 000	435 000

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	0	0	0	0
Cash, Bank	62 000	0	38 000	4 000
Total Current Assets	639 000	953 000	879 000	2 892 000
Total Assets	639 000	953 000	879 000	2 892 000
Total Equity	407 000	368 000	319 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	100 000	479 000	84 000	65 000
Unpaid Taxes	8 000	19 000	69 000	4 000
Dividends	0	0	0	0
Other Current Debt	106 000	72 000	397 000	2 538 000
Total Current Debt	233 000	585 000	561 000	2 610 000
Total Equity and Debt	639 000	953 000	879 000	2 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,34 %	13,59 %	11,6 %	154,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,7 %	6,16 %	2,83 %	43,22 %
Current Ratio	2,74	1,63	1,57	1,11
Quick Ratio	2,74	1,63	1,57	1,11
Equity Ratio	0,64	0,39	0,36	0,1
Gross Profit Margin	100,72 %	58,33 %	96,11 %	98,34 %