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SPORTS DEVELOPMENT AS
AS
Active
Org 924014784
Østre Aker Vei 90, Bygg 4, 0596 Oslo
Sports and recreation education · NACE 8551
Est. 2019
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 623K
+100% vs 2020
EBITDA margin
19.4%
+22% vs 2020
Equity ratio
51.1%
Financial strength
Net profit 2021
NOK 88K
+9% vs 2020
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
Key figures
Annual report 2021
Revenue
NOK 623K
+100%
EBITDA
NOK 121K
+22%
Net profit
NOK 88K
+9%
Total assets
NOK 338K
+231%
Equity
NOK 173K
+104%
Employees
1
—
Company information
Legal name
SPORTS DEVELOPMENT AS
Org number
924014784
Legal form
Aksjeselskap
NACE code
8551 · Sports and recreation education
Founded
5. desember 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Undervisning innen idrett og rekreasjon. Utvikling av sportsrelaterte verktøy og produkter. Salg av sportsrelaterte verktøy og produkter.
Contact
Address
Østre Aker Vei 90, Bygg 4, 0596 Oslo
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Companies in Sports and recreation education
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
1M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
Income statement
NOK thousands
Item
2019
2020
2021
Revenue
27
312
623
Staff expenses
−0
−26
−254
EBITDA
−20
99
121
Depreciation & amort.
−0
−0
−4
EBIT
−20
99
116
Net financials
0
−1
0
Profit before tax
−20
98
116
Tax
−0
17
28
Net profit
−20
81
88
Balance sheet
NOK thousands
Item
2019
2020
2021
Total assets
10
102
338
Equity
10
85
173
Long-term debt
0
0
0
Short-term debt
−0
18
165
Total debt
−0
18
165
Financial ratios
5-year trend
EBITDA margin
19.4%
This company
15.8%
Market median
+23% vs market
2019
2021
Equity ratio
51.1%
This company
38.2%
Market median
+34% vs market
2019
2021
Return on equity
51.0%
This company
18.4%
Market median
+177% vs market
2019
2021
Net profit margin
14.2%
This company
8.1%
Market median
+75% vs market
2019
2021
Asset turnover
1.84×
This company
1.12×
Market median
+64% vs market
2019
2021
Debt / equity
0.96×
This company
0.62×
Market median
+55% vs market
2019
2021
Annual reports & filings
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
MM
Mats Mørch Tvedt
Chief Executive Officer
Chief Executive Officer
2019 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
VJ
Victor Jaime Silva Olivares
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of SPORTS DEVELOPMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Mats Mørch Tvedt
Chief Executive Officer
0 companies
Victor Jaime Silva Olivares
Chairman
0 companies