SPORTS INVENTION AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

34,48 %

Current Ratio

0,34

Debt-to-Equity Ratio

−2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	180 000	29 000	0
Net Income	−90 000	−44 000	−95 000	−104 000
Total Assets	925 000	916 000	878 000	786 000
Total Equity	−261 000	−171 000	−126 000	−31 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	180 000	29 000	0
Expenditure	95 000	177 000	71 000	57 000
Operating Profit	−43 000	3 000	−42 000	−57 000
Financial Income	0	0	0	1 000
Financial Costs	47 000	48 000	53 000	47 000
Financial Balance	−47 000	−48 000	−53 000	−46 000
Earnings Before Tax	−90 000	−44 000	−95 000	−104 000
Tax	0	0	0	0
Net Income	−90 000	−44 000	−95 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	716 000	716 000	643 000	643 000
Total Current Assets	209 000	199 000	236 000	143 000
Total Assets	925 000	916 000	878 000	786 000
Total Retained Equity	−391 000	−301 000	−257 000	−162 000
Total Equity	−261 000	−171 000	−126 000	−31 000
Total Long-Term Debt	563 000	563 000	563 000	563 000
Total Current Debt	623 000	524 000	442 000	254 000
Total Equity and Debt	925 000	916 000	878 000	786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	180 000	29 000	0
Other Income	0	0	0	0
Revenue	51 000	180 000	29 000	0
Cost of Goods Sold	1 000	139 000	18 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 000	177 000	71 000	57 000
Operating Profit	−43 000	3 000	−42 000	−57 000
Financial Income	0	0	0	1 000
Financial Costs	47 000	48 000	53 000	47 000
Financial Balance	−47 000	−48 000	−53 000	−46 000
Dividends	0	0	0	0
Net Income	−90 000	−44 000	−95 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	716 000	716 000	643 000	643 000
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	0	0	0	0
Total Fixed Assets	716 000	716 000	643 000	643 000
Stock	120 000	120 000	60 000	78 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	1 000	1 000
Total Current Assets	209 000	199 000	236 000	143 000
Total Assets	925 000	916 000	878 000	786 000
Total Equity	−261 000	−171 000	−126 000	−31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	563 000	563 000	563 000	563 000
Creditors	194 000	136 000	87 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	128 000	83 000	57 000	0
Total Current Debt	623 000	524 000	442 000	254 000
Total Equity and Debt	925 000	916 000	878 000	786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,48 %	25,73 %	75,4 %	335,48 %
Debt-to-Equity Ratio	−2,16	−3,29	−4,47	−18,16
Operating Profit Margin	−84,31 %	1,67 %	−144,83 %	-
Current Ratio	0,34	0,38	0,53	0,56
Quick Ratio	0,42	0,49	0,62	0,81
Equity Ratio	−0,28	−0,19	−0,14	−0,04
Gross Profit Margin	98,04 %	22,78 %	37,93 %	-