FOLKE HERMANSENS FOND TIL FREMME AV KREFTFORSKNING VED STAVANGER UNIVERSITETESSYKEHUS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−14,35 %

Current Ratio

15 060,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	99 000	12 000	17 000
Net Income	−6 484 000	−754 000	−3 122 000	3 644 000
Total Assets	45 182 000	52 870 000	54 667 000	55 539 000
Total Equity	45 178 000	51 662 000	52 417 000	55 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	99 000	12 000	17 000
Expenditure	5 284 000	5 356 000	5 213 000	3 432 000
Operating Profit	−5 211 000	−5 257 000	−5 201 000	−3 415 000
Financial Income	1 558 000	9 020 000	2 079 000	7 060 000
Financial Costs	2 831 000	4 517 000	0	0
Financial Balance	−1 273 000	4 503 000	2 079 000	7 060 000
Earnings Before Tax	−6 484 000	−754 000	−3 122 000	3 644 000
Tax	0	0	0	0
Net Income	−6 484 000	−754 000	−3 122 000	3 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	45 182 000	52 870 000	54 667 000	55 539 000
Total Assets	45 182 000	52 870 000	54 667 000	55 539 000
Total Retained Equity	−4 822 000	1 662 000	2 417 000	5 539 000
Total Equity	45 178 000	51 662 000	52 417 000	55 539 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	1 208 000	2 250 000	0
Total Equity and Debt	45 182 000	52 870 000	54 667 000	55 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	73 000	99 000	12 000	17 000
Revenue	73 000	99 000	12 000	17 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	17 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 284 000	5 356 000	5 213 000	3 432 000
Operating Profit	−5 211 000	−5 257 000	−5 201 000	−3 415 000
Financial Income	1 558 000	9 020 000	2 079 000	7 060 000
Financial Costs	2 831 000	4 517 000	0	0
Financial Balance	−1 273 000	4 503 000	2 079 000	7 060 000
Dividends	0	0	0	0
Net Income	−6 484 000	−754 000	−3 122 000	3 644 000

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	44 936 000	52 630 000	54 036 000	55 250 000
Cash, Bank	246 000	240 000	631 000	289 000
Total Current Assets	45 182 000	52 870 000	54 667 000	55 539 000
Total Assets	45 182 000	52 870 000	54 667 000	55 539 000
Total Equity	45 178 000	51 662 000	52 417 000	55 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	48 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 160 000	2 250 000	0
Total Current Debt	3 000	1 208 000	2 250 000	0
Total Equity and Debt	45 182 000	52 870 000	54 667 000	55 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,35 %	−1,46 %	−5,96 %	6,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7 138,36 %	−5 310,1 %	−43 341,67 %	−20 088,24 %
Current Ratio	15 060,67	43,77	24,3	-
Quick Ratio	15 060,67	43,77	24,3	-
Equity Ratio	1	0,98	0,96	1
Gross Profit Margin	100 %	100 %	100 %	100 %