BIZTRAC BETA
COMPANY REGISTER PROFILE
928417603 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Activities of excursion and event organisers

FORMULATION GAMING AS

Org. no. 928417603 Limited company (AS) Heim Incorporated 2021 Active
Ownership graph ↗
Revenue 2025 NOK 327,000
Operating profit NOK −323,000
Equity NOK −2.2m
Incorporated 2021
Share capital NOK 32,000

Signals

2 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−2,2 mill kr).
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−323k kr).

FORMULATION GAMING AS is registered as a limited company in Heim, Trøndelag with organisation number 928417603. The business is classified under activities of excursion and event organisers (NACE 79.121). The company was incorporated in 2021. Registered share capital is NOK 32,000, divided into 32225 shares. The company's stated purpose is: “Organisert aktivitet innen e-sports, og tilhørende oppdrag innen rådgiving og innholdsproduksjon.”. The most recent filed accounts, for the 2025 financial year, show NOK 327,000 in revenue and NOK −323,000 in operating profit.

Key figures · 2025

Revenue
NOK 327,000
▲ +43 %
Operating profit
NOK −323,000
▲ +43 %
Equity
NOK −2.2m
▼ −18 %

Financial health · 2025

Liquidity
0.13
Not satisfactory
Current assets ÷ current liabilities
Profitability
-40.7%
Not satisfactory
Return on total assets
Solidity
-230.3%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns FORMULATION GAMING AS?

FORMULATION GAMING AS has 5 registered shareholders:

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Frequently asked questions about FORMULATION GAMING AS

Who owns FORMULATION GAMING AS?

ENGDAL INVEST AS is the largest registered owner, with 90.3%.

What is the revenue of FORMULATION GAMING AS?

FORMULATION GAMING AS had revenue of NOK 327,000 in 2025.

Who is the general manager of FORMULATION GAMING AS?

Thore Kristian Engdal is registered as general manager of FORMULATION GAMING AS.

Where is FORMULATION GAMING AS based?

FORMULATION GAMING AS has its business address in Valsøybotn.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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