SPORTSPARKEN VEGSUND AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

171,15 %

Current Ratio

0,31

Debt-to-Equity Ratio

−4,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 840 000	7 423 000	12 005 000	3 582 000
Net Income	−2 480 000	−2 980 000	−2 309 000	−13 000
Total Assets	10 883 000	13 001 000	15 461 000	14 785 000
Total Equity	−1 449 000	68 000	68 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 840 000	7 423 000	12 005 000	3 582 000
Expenditure	12 278 000	9 981 000	14 662 000	3 498 000
Operating Profit	−2 438 000	−2 558 000	−2 656 000	84 000
Financial Income	0	22 000	6 000	1 000
Financial Costs	43 000	123 000	305 000	85 000
Financial Balance	−43 000	−101 000	−299 000	−84 000
Earnings Before Tax	−2 480 000	−2 659 000	−2 955 000	0
Tax	0	321 000	−646 000	13 000
Net Income	−2 480 000	−2 980 000	−2 309 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 936 000	8 470 000	10 187 000	10 995 000
Total Current Assets	1 947 000	4 531 000	5 274 000	3 789 000
Total Assets	10 883 000	13 001 000	15 461 000	14 785 000
Total Retained Equity	−7 986 000	−5 506 000	−2 526 000	−217 000
Total Equity	−1 449 000	68 000	68 000	204 000
Total Long-Term Debt	6 026 000	5 469 000	8 858 000	9 764 000
Total Current Debt	6 306 000	7 464 000	6 534 000	4 816 000
Total Equity and Debt	10 883 000	13 001 000	15 461 000	14 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 793 000	5 849 000	9 397 000	3 582 000
Other Income	48 000	1 574 000	2 608 000	0
Revenue	9 840 000	7 423 000	12 005 000	3 582 000
Cost of Goods Sold	1 318 000	1 057 000	1 289 000	309 000
Salary Costs	4 598 000	3 747 000	5 863 000	1 406 000
Depreciation	1 359 000	1 356 000	1 351 000	200 000
Impairment	0	0	0	0
Expenditure	12 278 000	9 981 000	14 662 000	3 498 000
Operating Profit	−2 438 000	−2 558 000	−2 656 000	84 000
Financial Income	0	22 000	6 000	1 000
Financial Costs	43 000	123 000	305 000	85 000
Financial Balance	−43 000	−101 000	−299 000	−84 000
Dividends	0	0	0	0
Net Income	−2 480 000	−2 980 000	−2 309 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	391 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 936 000	8 470 000	9 796 000	10 995 000
Total Tangible Assets	8 936 000	8 470 000	9 796 000	10 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 936 000	8 470 000	10 187 000	10 995 000
Stock	270 000	269 000	280 000	40 000
Total Investments	0	0	0	0
Cash, Bank	345 000	58 000	144 000	1 924 000
Total Current Assets	1 947 000	4 531 000	5 274 000	3 789 000
Total Assets	10 883 000	13 001 000	15 461 000	14 785 000
Total Equity	−1 449 000	68 000	68 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 026 000	5 469 000	8 858 000	9 764 000
Creditors	2 869 000	4 493 000	3 322 000	1 265 000
Unpaid Taxes	225 000	175 000	195 000	570 000
Dividends	0	0	0	0
Other Current Debt	3 211 000	2 796 000	3 017 000	2 982 000
Total Current Debt	6 306 000	7 464 000	6 534 000	4 816 000
Total Equity and Debt	10 883 000	13 001 000	15 461 000	14 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,15 %	−4 382,35 %	−3 395,59 %	−6,37 %
Debt-to-Equity Ratio	−4,16	80,43	130,26	47,86
Operating Profit Margin	−24,78 %	−34,46 %	−22,12 %	2,35 %
Current Ratio	0,31	0,61	0,81	0,79
Quick Ratio	0,32	0,63	0,84	0,79
Equity Ratio	−0,13	0,01	0	0,01
Gross Profit Margin	86,61 %	85,76 %	89,26 %	91,37 %