SPORTSONIC NORWAY AS

0551 OSLO

Finances

Share Ownership

Return on Equity

101,05 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	654 000	7 110 000	1 844 000	3 751 000
Net Income	−290 000	350 000	288 000	145 000
Total Assets	115 000	321 000	183 000	220 000
Total Equity	−287 000	3 000	−347 000	−635 000

Income (NOK)	2022	2021	2020	2019
Revenue	654 000	7 110 000	1 844 000	3 751 000
Expenditure	924 000	6 693 000	1 528 000	3 558 000
Operating Profit	−269 000	417 000	316 000	192 000
Financial Income	0	47 000	14 000	1 000
Financial Costs	21 000	104 000	42 000	48 000
Financial Balance	−21 000	−57 000	−28 000	−47 000
Earnings Before Tax	−290 000	360 000	288 000	145 000
Tax	0	10 000	0	0
Net Income	−290 000	350 000	288 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	115 000	321 000	183 000	220 000
Total Assets	115 000	321 000	183 000	220 000
Total Retained Equity	−317 000	−27 000	−377 000	−665 000
Total Equity	−287 000	3 000	−347 000	−635 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	401 000	318 000	530 000	854 000
Total Equity and Debt	115 000	321 000	183 000	220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	654 000	7 110 000	1 454 000	3 712 000
Other Income	0	0	390 000	39 000
Revenue	654 000	7 110 000	1 844 000	3 751 000
Cost of Goods Sold	350 000	4 457 000	979 000	2 390 000
Salary Costs	327 000	785 000	90 000	598 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	924 000	6 693 000	1 528 000	3 558 000
Operating Profit	−269 000	417 000	316 000	192 000
Financial Income	0	47 000	14 000	1 000
Financial Costs	21 000	104 000	42 000	48 000
Financial Balance	−21 000	−57 000	−28 000	−47 000
Dividends	0	0	0	0
Net Income	−290 000	350 000	288 000	145 000

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	81 000	96 000	147 000	165 000
Total Investments	0	0	0	0
Cash, Bank	12 000	198 000	5 000	22 000
Total Current Assets	115 000	321 000	183 000	220 000
Total Assets	115 000	321 000	183 000	220 000
Total Equity	−287 000	3 000	−347 000	−635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	51 000	19 000	116 000
Unpaid Taxes	30 000	164 000	290 000	546 000
Dividends	0	0	0	0
Other Current Debt	44 000	93 000	15 000	70 000
Total Current Debt	401 000	318 000	530 000	854 000
Total Equity and Debt	115 000	321 000	183 000	220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,05 %	11 666,67 %	−83 %	−22,83 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−41,13 %	5,86 %	17,14 %	5,12 %
Current Ratio	0,29	1,01	0,35	0,26
Quick Ratio	0,36	1,45	0,48	0,32
Equity Ratio	−2,5	0,01	−1,9	−2,89
Gross Profit Margin	46,48 %	37,31 %	46,91 %	36,28 %