SEED CAPITAL AS

9008 TROMSØ

Finances

Return on Equity

73,76 %

Current Ratio

16,87

Debt-to-Equity Ratio

−2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	420 000	420 000	39 000
Net Income	−7 103 000	−261 000	−1 004 000	−1 014 000
Total Assets	11 080 000	25 952 000	20 608 000	17 859 000
Total Equity	−9 630 000	−2 526 000	−4 480 000	−3 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	420 000	420 000	39 000
Expenditure	1 363 000	1 269 000	955 000	1 105 000
Operating Profit	−1 203 000	−849 000	−535 000	−1 066 000
Financial Income	1 369 000	588 000	46 000	46 000
Financial Costs	7 270 000	−1 000	515 000	−6 000
Financial Balance	−5 901 000	589 000	−469 000	52 000
Earnings Before Tax	−7 103 000	−261 000	−1 004 000	−1 014 000
Tax	0	0	0	0
Net Income	−7 103 000	−261 000	−1 004 000	−1 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 292 000	22 590 000	20 490 000	16 942 000
Total Current Assets	1 788 000	3 362 000	119 000	917 000
Total Assets	11 080 000	25 952 000	20 608 000	17 859 000
Total Retained Equity	−29 630 000	−22 526 000	−24 480 000	−23 476 000
Total Equity	−9 630 000	−2 526 000	−4 480 000	−3 476 000
Total Long-Term Debt	20 603 000	28 218 000	24 948 000	21 185 000
Total Current Debt	106 000	261 000	141 000	150 000
Total Equity and Debt	11 080 000	25 952 000	20 608 000	17 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	420 000	420 000	39 000
Other Income	0	0	0	0
Revenue	160 000	420 000	420 000	39 000
Cost of Goods Sold	0	0	0	0
Salary Costs	700 000	936 000	826 000	873 000
Depreciation	7 000	7 000	13 000	6 000
Impairment	0	0	0	0
Expenditure	1 363 000	1 269 000	955 000	1 105 000
Operating Profit	−1 203 000	−849 000	−535 000	−1 066 000
Financial Income	1 369 000	588 000	46 000	46 000
Financial Costs	7 270 000	−1 000	515 000	−6 000
Financial Balance	−5 901 000	589 000	−469 000	52 000
Dividends	0	0	0	0
Net Income	−7 103 000	−261 000	−1 004 000	−1 014 000

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	2 000	9 000	16 000	6 000
Total Tangible Assets	2 000	9 000	16 000	6 000
Total Fiancial Fixed Assets	9 290 000	22 581 000	20 474 000	16 936 000
Total Fixed Assets	9 292 000	22 590 000	20 490 000	16 942 000
Stock	0	0	0	0
Total Investments	153 000	0	0	0
Cash, Bank	259 000	62 000	119 000	95 000
Total Current Assets	1 788 000	3 362 000	119 000	917 000
Total Assets	11 080 000	25 952 000	20 608 000	17 859 000
Total Equity	−9 630 000	−2 526 000	−4 480 000	−3 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 603 000	28 218 000	24 948 000	21 185 000
Creditors	0	98 000	0	9 000
Unpaid Taxes	22 000	52 000	59 000	54 000
Dividends	0	0	0	0
Other Current Debt	84 000	111 000	82 000	86 000
Total Current Debt	106 000	261 000	141 000	150 000
Total Equity and Debt	11 080 000	25 952 000	20 608 000	17 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,76 %	10,33 %	22,41 %	29,17 %
Debt-to-Equity Ratio	−2,14	−11,17	−5,57	−6,09
Operating Profit Margin	−751,88 %	−202,14 %	−127,38 %	−2 733,33 %
Current Ratio	16,87	12,88	0,84	6,11
Quick Ratio	16,87	12,88	0,84	6,11
Equity Ratio	−0,87	−0,1	−0,22	−0,19
Gross Profit Margin	100 %	100 %	100 %	100 %