Riskpilot← Back to searchSign inGet full accessINITIAL FORCE AS
ASActiveOrg 990340048Stiklestadveien 1 Lade Teknopark, 7041 TrondheimAll other professional, scientific and technical activities n.e.c. · NACE 7499Est. 200620 employeeswww.initialforce.com
Revenue 2024
NOK 36,5M
+7% vs 2023
EBITDA margin
-7.9%
-786% vs 2023
Equity ratio
59.8%
Financial strength
Net profit 2024
NOK -6M
-266% vs 2023
| Revenue | NOK 36,5M | +7% |
| EBITDA | NOK -2,9M | -786% |
| Net profit | NOK -6M | -266% |
| Total assets | NOK 35,1M | +23% |
| Equity | NOK 21M | +18% |
| Employees | 20 | — |
Legal name
INITIAL FORCE AS
Org number
990340048
Legal form
Aksjeselskap
NACE code
7499 · All other professional, scientific and technical activities n.e.c.
Founded
16. oktober 2006
Share capital
NOK 13 782 957
Employees
20 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Salg og utvikling av digitale produkter og tjenester innen sportsteknologi, samt andre varer som naturlig er forbundet med dette. Videre skal selskapet investere i aksjer og i andre selskap på annen måte, og virksomheter som har sammenheng med dette.
Address
Stiklestadveien 1 Lade Teknopark, 7041 Trondheim
Phone
+4773509385
Email
support@swingcatalyst.com
Website
www.initialforce.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 503 | 250 | 214 | 201 | 2 966 | 4 036 | 6 866 | 6 620 | 11 525 | 11 405 | 14 837 | 18 043 | 28 882 | 23 669 | 34 171 | 36 538 |
| Staff expenses | −1 772 | −1 890 | −1 405 | −2 205 | −2 812 | −4 559 | −3 777 | −4 032 | −5 374 | −5 241 | −6 378 | −0 | −4 445 | −6 998 | −10 651 | −11 367 |
| EBITDA | −3 306 | −3 478 | −4 455 | −4 817 | −4 467 | −6 632 | −1 930 | −2 929 | −2 810 | −3 252 | −3 571 | 1 813 | 3 825 | −1 211 | 421 | −2 891 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −1 308 | −1 571 | −2 044 | −2 636 | −2 638 | −1 702 | −1 811 | −2 238 | −2 298 | −2 897 |
| EBIT | −3 306 | −3 478 | −4 455 | −4 817 | −4 467 | −6 632 | −3 238 | −4 501 | −4 855 | −5 888 | −6 208 | 111 | 2 014 | −3 450 | −1 877 | −5 788 |
| Net financials | −10 | −52 | −22 | −132 | −41 | 142 | −264 | −42 | 15 | −54 | −200 | −85 | −292 | 329 | 237 | −211 |
| Profit before tax | −3 315 | −3 530 | −4 477 | −4 949 | −4 508 | −6 490 | −3 501 | −4 542 | −4 840 | −5 942 | −6 409 | 26 | 1 722 | −3 121 | −1 639 | −5 999 |
| Tax | −928 | −1 132 | −1 387 | −1 666 | −1 240 | −1 753 | −840 | −870 | −837 | −951 | −1 407 | −92 | 374 | −678 | −0 | −0 |
| Net profit | −2 387 | −2 398 | −3 090 | −3 283 | −3 268 | −4 737 | −2 661 | −3 672 | −4 003 | −4 991 | −5 001 | 119 | 1 348 | −2 443 | −1 639 | −5 999 |
| Item | 2008 | 2009 | 2010 | 2011 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 2 849 | 4 010 | 5 055 | 7 778 | 13 662 | 18 535 | 21 013 | 24 965 | 28 514 | 24 736 | 26 086 | 27 061 | 32 347 | 33 869 | 28 600 | 35 101 |
| Equity | 1 351 | 2 626 | — | 5 659 | 10 107 | 14 633 | 15 989 | 21 022 | 23 259 | 20 800 | 18 871 | 18 990 | 21 877 | 26 091 | 17 869 | 21 001 |
| Long-term debt | 967 | 907 | 814 | 765 | 2 184 | 2 555 | 2 481 | 1 764 | 1 085 | 399 | 2 000 | 1 800 | 2 520 | 1 952 | 1 328 | 704 |
| Short-term debt | 531 | 477 | 1 356 | 1 354 | 1 371 | 1 346 | 2 543 | 2 178 | 4 170 | 3 536 | 5 215 | 6 272 | 7 950 | 5 826 | 9 402 | 13 396 |
| Total debt | 1 498 | 1 384 | 2 169 | 2 119 | 3 555 | 3 902 | 5 025 | 3 942 | 5 255 | 3 935 | 7 215 | 8 072 | 10 470 | 7 778 | 10 730 | 14 100 |
EBITDA margin
-7.9%
This company
15.8%
Market median
-150% vs market
20082024
Equity ratio
59.8%
This company
38.2%
Market median
+57% vs market
20082024
Return on equity
-28.6%
This company
18.4%
Market median
-255% vs market
20082024
Net profit margin
-16.4%
This company
8.1%
Market median
-302% vs market
20082024
Asset turnover
1.04×
This company
1.12×
Market median
+7% vs market
20082024
Debt / equity
0.67×
This company
0.62×
Market median
+8% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TC Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
KS Observer | Observer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Jenssen & Co As | Company | 37.6% | 37.6% | 2024 |
Blue River Invest As | Company | 18.5% | 18.5% | 2024 |
Berme Llc | Company | 7.3% | 7.3% | 2024 |
Lyng Gruppen As | Company | 6.3% | 6.3% | 2024 |
Bagøien As | Company | 5.2% | 5.2% | 2024 |
Boddco As | Company | 4.1% | 4.1% | 2024 |
Vidvangen As | Company | 4.0% | 4.0% | 2024 |
| Individual | 2.6% | 2.6% | 2024 | |
Suzann Pettersen | Company | 2.2% | 2.2% | 2024 |
| Individual | 2.0% | 2.0% | 2024 | |
| Individual | 2.0% | 2.0% | 2022 | |
Kafo Utvikling As | Company | 1.7% | 1.7% | 2024 |
| Individual | 1.1% | 1.1% | 2024 | |
Mcb Invest As | Company | 1.1% | 1.1% | 2024 |
Bai As | Company | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of INITIAL FORCE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tom Christian Lindvåg | Chief Executive Officer | 0 companies |
| Ketil Stene Jansen | Observer | 0 companies |
| Kristian Rathe | Board of Directors | 0 companies |
| Kristoffer Aanerud Nielsen | Board of Directors | 0 companies |
| Rune Sørum | Board of Directors | 0 companies |
| Sophie Bodd Jenssen | Board of Directors | 0 companies |
| Irene Eilertsen | Board of Directors | 0 companies |
| Thor Egil Five | Chairman | 0 companies |
| Murat Keriim Berme | Board of Directors | 0 companies |
| Lars Michael Rinnan | Board of Directors | 0 companies |