VIPER POWERSPORTS INC company info

CIK 1337213
IRS Number 000000000
State of incorporation NV
Business address 10895 EXCELSIOR BLVD., STE. 203
None
HOPKINS
MN
55343
Mail address 10895 EXCELSIOR BLVD., STE. 203
None
HOPKINS
MN
55343

Short summary

VIPER POWERSPORTS INC is a Minnesota company, with head office located at 10895 Excelsior Blvd., Ste. 203 Hopkins, Minnesota 55343. In 2012 the company owned a total of 5.54 million USD worth of assets, including 2.46 million USD worth of current assets. An analysis of the recent trend shows a steady growth of company assets, with a 11.39% growth from the last year and a 436.15% increase in the 3 year period.

VIPER POWERSPORTS INC Income Statement

Name [in Millions USD]2003200420052006200720082009201020112012Trends
Gross Profit -0.090.00-0.00-0.05
Selling, General and Administrative Expense 1.901.713.143.09
Research and development 0.350.760.070.33
Operating Expenses 2.262.683.283.43
Operating Income (Loss) -2.35-2.68-3.28-3.47
Interest expense 0.100.270.061.22
Other Nonoperating Income (Expense) 0.000.000.000.00
Income Tax Expense (Benefit) 00
Net income -3.00-5.76-4.99-11.22-2.40-2.01-2.44-4.42-3.83-6.11

VIPER POWERSPORTS INC Balance Sheet

Name [in Millions USD]2003200420052006200720082009201020112012Trends
Accounts Receivable, Net, Current 0.210.010.080.03
Inventories 0.040.230.811.01
Property, Plant and Equipment, Gross 0.590.590.950.98
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.470.370.210.31
Intangible Assets, Net (Excluding Goodwill) 0.420.36
Other Assets, Noncurrent 0.012.41
Total assets 1.031.214.985.54
Current assets 0.410.571.332.46
Accounts payable 0.260.260.120.17
Total current liabilities 0.980.630.636.28
Long-term Debt 5.95
Total liabilities 1.011.593.246.28
Common Stock, Value, Issued 0.010.020.050.05
Retained Earnings (Accumulated Deficit) -40.76-46.87

VIPER POWERSPORTS INC Cash Flow

Name [in Millions USD]2003200420052006200720082009201020112012Trends
Net income -3.00-5.76-4.99-11.22-2.40-2.01-2.44-4.42-3.83-6.11
Depreciation 0.040.040.050.22
Accounts receivable -0.210.110.010.02
Inventories 0.250.290.140.66
Accounts payable -0.15-0.130.09-0.01
Net Cash Provided by (Used in) Operating Activities -1.24-2.38-1.94-5.42
Payments to Acquire Property, Plant, and Equipment 0.000.310.33
Payments to Acquire Intangible Assets 00.42
Net Cash Provided by (Used in) Investing Activities -0.00-0.31-0.75
Proceeds from Issuance of Common Stock 1.300.890.53
Net Cash Provided by (Used in) Financing Activities 1.342.302.266.24