SPORTSMAG AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

32,1 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 000	435 000	478 000	446 000
Net Income	−104 000	−334 000	68 000	27 000
Total Assets	608 000	626 000	620 000	769 000
Total Equity	−324 000	−220 000	114 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 000	435 000	478 000	446 000
Expenditure	352 000	778 000	540 000	419 000
Operating Profit	−104 000	−343 000	−63 000	27 000
Financial Income	0	6 000	137 000	0
Financial Costs	0	0	0	0
Financial Balance	0	6 000	137 000	0
Earnings Before Tax	−104 000	−338 000	75 000	27 000
Tax	0	−3 000	7 000	0
Net Income	−104 000	−334 000	68 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	477 000	479 000	438 000
Total Current Assets	105 000	149 000	141 000	331 000
Total Assets	608 000	626 000	620 000	769 000
Total Retained Equity	−414 000	−310 000	24 000	−43 000
Total Equity	−324 000	−220 000	114 000	46 000
Total Long-Term Debt	166 000	168 000	165 000	165 000
Total Current Debt	766 000	679 000	342 000	559 000
Total Equity and Debt	608 000	626 000	620 000	769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 000	411 000	478 000	445 000
Other Income	0	24 000	0	0
Revenue	248 000	435 000	478 000	446 000
Cost of Goods Sold	124 000	367 000	8 000	−20 000
Salary Costs	6 000	1 000	103 000	106 000
Depreciation	1 000	2 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	352 000	778 000	540 000	419 000
Operating Profit	−104 000	−343 000	−63 000	27 000
Financial Income	0	6 000	137 000	0
Financial Costs	0	0	0	0
Financial Balance	0	6 000	137 000	0
Dividends	0	0	0	0
Net Income	−104 000	−334 000	68 000	27 000

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	−2 000	0	8 000
Total Tangible Assets	−2 000	−2 000	0	8 000
Total Fiancial Fixed Assets	505 000	479 000	479 000	430 000
Total Fixed Assets	503 000	477 000	479 000	438 000
Stock	0	0	0	0
Total Investments	0	0	0	209 000
Cash, Bank	0	1 000	3 000	5 000
Total Current Assets	105 000	149 000	141 000	331 000
Total Assets	608 000	626 000	620 000	769 000
Total Equity	−324 000	−220 000	114 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	166 000	168 000	165 000	165 000
Creditors	675 000	644 000	320 000	523 000
Unpaid Taxes	84 000	85 000	120 000	31 000
Dividends	0	0	0	0
Other Current Debt	3 000	−53 000	−106 000	5 000
Total Current Debt	766 000	679 000	342 000	559 000
Total Equity and Debt	608 000	626 000	620 000	769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,1 %	151,82 %	59,65 %	58,7 %
Debt-to-Equity Ratio	−0,51	−0,76	1,45	3,59
Operating Profit Margin	−41,94 %	−78,85 %	−13,18 %	6,05 %
Current Ratio	0,14	0,22	0,41	0,59
Quick Ratio	0,14	0,22	0,41	0,59
Equity Ratio	−0,53	−0,35	0,18	0,06
Gross Profit Margin	50 %	15,63 %	98,33 %	104,48 %