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FORMULATION GAMING AS928 417 603

Limited company
c/o Ove Andreas Engdal Engdalsvegen 17 6686 VALSØYBOTN, Norge

FORMULATION GAMING AS

Operating
Organisert aktivitet innen e-sports, og tilhørende oppdrag innen rådgiving og innholdsproduksjon.

Organization

Chairman of the board
Years since formation
5 years
since Dec 21, 2021
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
32,225
1 share class
Total number of shareholders
5
2 companies, 3 persons
Belongs to group of

Financials

Total operating income 2025
327,323
NOK
Annual total result 2025
-334,209
NOK
Total equity 2025
-2,170,998
NOK
Last update: Aug 18, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO
45.15 %
indirectly

Board

NameRoleShares
Chairman
45.15 %
indirectly
Board Member
45.15 %
indirectly
Board Member
2.79 %
directly

Others

NameRoleShares
A
ALPHA ØKONOMI AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Board Member
45.15 %
indirectly
Managing Director/CEO, Chairman
45.15 %
indirectly
-
6 %
directly
Board Member
2.79 %
directly
Last update: Jun 3, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
E
ENGDAL INVEST AS
Ordinary shares
29,100
90.3 %
Ordinary shares
1,934
6 %
Ordinary shares
900
2.79 %
Ordinary shares
242
0.75 %
J
JOINT VENTURE CAPITALS AS
Ordinary shares
49
0.15 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2025: NOK 0
    Operating profit 2025: NOK 0
    Employees: 0

Financials

in NOK

Summary

Year2025202420232022
Total operating income
327,323
229,449
381,640
340,920
Annual Total Result
-334,209
-444,861
-680,657
-1,182,106
Total assets
942,766
644,768
567,944
350,208
Total liabilities
3,113,764
2,481,557
1,959,872
1,061,479
Total equity
-2,170,998
-1,836,789
-1,391,928
-711,271

P&L

Year2025202420232022
Total operating income
327,323
229,449
381,640
340,920
Total operating costs
650,246
793,218
1,248,851
1,845,613
Operating result
-322,923
-563,769
-867,211
-1,504,692
Financial income/costs
-11,286
-8,969
-2,057
-289
Profit before tax
-334,209
-572,738
-869,267
-1,504,981
Total tax & extraordinary income/cost
0
-127,877
-188,610
-322,875
Annual Total Result
-334,209
-444,861
-680,657
-1,182,106

Balance overview

Year2025202420232022
Total fixed assets
694,449
644,768
516,891
328,280
Total current assets
248,317
0
51,053
21,928
Total assets
942,766
644,768
567,944
350,208
Short term debt
1,868,739
1,711,664
1,180,585
263,192
Long term debt
1,245,025
769,893
779,287
798,288
Total liabilities
3,113,764
2,481,557
1,959,872
1,061,479
Contributed capital
484,430
484,430
484,430
484,430
Retained earnings
-2,655,428
-2,321,219
-1,876,358
-1,195,701
Total equity
-2,170,998
-1,836,789
-1,391,928
-711,271
Total equity and liabilities
942,766
644,768
567,944
350,208

Classification

21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises