SPORTSTEK AS

0372 OSLO

Finances

Return on Equity

−86,36 %

Current Ratio

1,49

Debt-to-Equity Ratio

27,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	747 000	840 000	641 000	683 000
Net Income	−38 000	19 000	−16 000	−19 000
Total Assets	1 400 000	1 380 000	1 318 000	1 142 000
Total Equity	44 000	82 000	65 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	747 000	840 000	641 000	683 000
Expenditure	790 000	811 000	658 000	705 000
Operating Profit	−44 000	30 000	−18 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−44 000	30 000	−18 000	−21 000
Tax	0	0	−2 000	0
Net Income	−38 000	19 000	−16 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 182 000	1 139 000	1 149 000	984 000
Total Current Assets	218 000	241 000	168 000	158 000
Total Assets	1 400 000	1 380 000	1 318 000	1 142 000
Total Retained Equity	14 000	52 000	35 000	0
Total Equity	44 000	82 000	65 000	81 000
Total Long-Term Debt	1 209 000	1 209 000	1 189 000	964 000
Total Current Debt	146 000	89 000	63 000	97 000
Total Equity and Debt	1 400 000	1 380 000	1 318 000	1 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	840 000	632 000	683 000
Other Income	0	1 000	9 000	0
Revenue	747 000	840 000	641 000	683 000
Cost of Goods Sold	70 000	100 000	11 000	34 000
Salary Costs	529 000	453 000	404 000	437 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	790 000	811 000	658 000	705 000
Operating Profit	−44 000	30 000	−18 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−38 000	19 000	−16 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	8 000	18 000	16 000
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	1 168 000	1 131 000	1 131 000	968 000
Total Fixed Assets	1 182 000	1 139 000	1 149 000	984 000
Stock	2 000	2 000	1 000	0
Total Investments	0	0	0	0
Cash, Bank	118 000	129 000	152 000	34 000
Total Current Assets	218 000	241 000	168 000	158 000
Total Assets	1 400 000	1 380 000	1 318 000	1 142 000
Total Equity	44 000	82 000	65 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 209 000	1 209 000	1 189 000	964 000
Creditors	15 000	4 000	1 000	4 000
Unpaid Taxes	40 000	39 000	23 000	15 000
Dividends	0	0	0	0
Other Current Debt	91 000	46 000	39 000	78 000
Total Current Debt	146 000	89 000	63 000	97 000
Total Equity and Debt	1 400 000	1 380 000	1 318 000	1 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−86,36 %	23,17 %	−24,62 %	−23,46 %
Debt-to-Equity Ratio	27,48	14,74	18,29	11,9
Operating Profit Margin	−5,89 %	3,57 %	−2,81 %	−3,07 %
Current Ratio	1,49	2,71	2,67	1,63
Quick Ratio	1,51	2,77	2,71	1,63
Equity Ratio	0,03	0,06	0,05	0,07
Gross Profit Margin	90,63 %	88,1 %	98,28 %	95,02 %