Playpulse AS
ASDissolvedOrg 918465618Waldemars Hage 1, 0175 OsloProgrammeringstjenester· NACE 62010Est. 2016 · 9 years old0 employeeshttps://www.playpulse.no
Loading company…
Overview
Playpulse AS is a Norwegian AS based in Oslo, operating in the Programmeringstjenester sector. Incorporated in 2016, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
Revenue 2022
0M NOK
EBITDA margin
—
Net profit 2022
-25.6M NOK
-78% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
35.2 %
WeakAmong the 40% lowest rated companies in the industry
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
1.4×
AverageAround the average of companies in the same industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
-234.4 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
EBITDA — year on year
NOK millionsKey figures
Annual report 2022| Revenue | 0M NOK | — |
| EBITDA | -24.7M NOK | -74% |
| Net profit | -25.6M NOK | -78% |
| Total assets | 10.9M NOK | 0% |
| Equity | 3.8M NOK | -19% |
| Employees | 0 | — |
Company information
Legal name
PLAYPULSE AS
Org number
918465618
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
19 December 2016 · 9 years
Share capital
NOK 214,325
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Framstilling og salg/lisensiering av treningsdataspill, software og dataspillkontrollere for mosjonsformål og andre produkter som naturlig faller sammen med dette, samt annen virksomhet som naturlig står i tilknytning til dette.
(no translation available)
Contact
Address
Waldemars Hage 1, 0175 Oslo
Phone
+47 99 70 03 06
Email
hello@playpulse.com
Website
https://www.playpulse.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2022), Playpulse AS reported revenue of NOK 0, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net loss of NOK 25.6m.
At the end of 2022, equity financed 35.2% of the balance sheet, and current assets covered short-term debt 1.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 0 | 28 | 191 | 354 | 3,526 |
| Staff expenses | -8,365 | -4,342 | -103 | -361 | -2,607 |
| EBITDA | -24,725 | -14,247 | -980 | -742 | -1,440 |
| Depreciation & amort. | -90 | -46 | -32 | -44 | -59 |
| EBIT | -24,815 | -14,293 | -1,012 | -787 | -1,498 |
| Net financials | -752 | -81 | -43 | -58 | -34 |
| Profit before tax | -25,567 | -14,374 | -1,056 | -844 | -1,532 |
| Tax | -0 | -0 | -0 | -0 | 209 |
| Net profit | -25,567 | -14,374 | -1,056 | -844 | -1,742 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 10,910 | 10,906 | 6,313 | 3,446 | 1,276 |
| Equity | 3,843 | 4,742 | 2,483 | -2,956 | -2,112 |
| Long-term debt | 2,421 | 3,091 | 2,400 | 4,632 | 2,784 |
| Short-term debt | 4,645 | 3,073 | 1,429 | 1,770 | 604 |
| Total debt | 7,067 | 6,164 | 3,829 | 6,402 | 3,388 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20182022
Equity ratio
35.2 %
WeakAmong the 40% lowest rated companies in the industry
20182022
Return on equity
-665.3 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
Net profit margin
<−999 %
20182022
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20182022
Debt / equity
1.84×
WeakAmong the 30% lowest rated companies in the industry
20182022
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 10% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery weak
Among the 10% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 30% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 10% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalStrong
Among the 30% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
EM Chief Executive Officer | Chief Executive Officer | 2018 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
PH Board of Directors | Board of Directors | 2020 |
KH Chairman | Chairman | 2020 |
LS Board of Directors | Board of Directors | 2020 |
EM Board of Directors | Board of Directors | 2020 |
Former (1)
ÅJ Board of Directors | Board of Directors | 2020 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Menlo Capital Holdings Llc | Company | 1.07% | 1.07% | 2022 |
Courtside Ventures 2 Lp | Company | 11.24% | 11.24% | 2022 |
| Company | 12.36% | 12.36% | 2022 | |
| Company | 1.97% | 1.97% | 2022 | |
| Company | 1.64% | 1.64% | 2022 | |
| Company | 4.01% | 4.01% | 2022 | |
| Company | 11.66% | 11.66% | 2022 | |
Q Design Studio, Ltd. | Company | 1.18% | 1.18% | 2022 |
Micheal Gleason | Company | 1.54% | 1.54% | 2022 |
Tor Capital Ltd | Company | 2.47% | 2.47% | 2022 |
Netease Interactive Entertainment P | Company | 9.42% | 9.42% | 2022 |
Initial Capital Ltd | Company | 4.92% | 4.92% | 2022 |
| Company | 1.87% | 1.87% | 2022 | |
| Company | 2.33% | 2.33% | 2022 | |
| Company | 3.11% | 3.11% | 2022 | |
| Company | 10.96% | 10.96% | 2022 | |
| Individual | 1.87% | 1.87% | 2022 | |
| Individual | 1.3% | 1.3% | 2022 | |
| Company | 1.52% | 1.52% | 2022 | |
Cruttenden Partners Llc | Company | 1.76% | 1.76% | 2022 |
| Company | 2.48% | 2.48% | 2022 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Menlo Capital Holdings Llc1.07%Courtside Ventures 2 Lp11.24%Hagen Technology As12.36%Rygh Media As1.97%Ems Holding As11.66%Q Design Studio, Ltd.1.18%Micheal Gleason1.54%Tor Capital Ltd2.47%Netease Interactive Entertainment P9.42%Initial Capital Ltd4.92%Brillan Holding As1.87%Weie Holding As10.96%Tomorrow Today As1.52%Cruttenden Partners Llc1.76%Gamification As2.48%
Playpulse AS (this company)Board network connections
Board members of Playpulse AS also hold positions in 23 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Paal Hansem | Board of Directors | 12 companiesMany roles |
| Erling Magnus Solheim | Chief Executive Officer | 5 companies |
| Kristoffer Hagen | Chairman | 5 companies |
| Åsa Johanna Ravik | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Playpulse AS?
Playpulse AS is registered with Brønnøysundsregistrene under Org 918465618.
Who is the chairman of Playpulse AS?
Kristoffer Hagen chairs the board of Playpulse AS, in role since 2020.
Where is Playpulse AS headquartered?
Playpulse AS's registered address is Waldemars Hage 1.