Asgard Brewing

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, Asgard Brewing is a Corporation organized in DE on 09-21-2016. They report having 10 employees, and revenue in their most recent fiscal year of $427,365 and $77,491 the prior year.

Website:
http://www.asgardbrewery.com
Location:
104 East 5th Street
Columbia, TN 38401

Equity Crowdfunding Campaigns

Active Offering

Asgard Brewing is currently raising a target of $500,000 (and up to $1,000,000) of Debt via Wefunder before a deadline of 02-22-2019.

Intermediary compensation

According to the SEC filings, Wefunder will be directly compensated as follows for this offering:

"5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering."

In addition to any direct compensation, Asgard Brewing reports that Wefunder will also receive the following financial interest in the offering:

"Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise."

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $427,365 $77,491 451.5%
Cost of Goods Sold $193,877 $35,332 448.7%
Taxes Paid $5,481 $8,223 -33.3%
Net Income -$174,433 -$112,398 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $459,858 $374,924 22.7%
Cash & Cash Equivalents $6,869 $27,700 -75.2%
Accounts Receivable $0 $0 N/A
Short-Term Debt $244,142 $148,103 64.8%
Long-Term Debt $481,274 $317,946 51.4%

Complete Reg CF filing activity feed

  • New Offering Form C

    [ Aug-31 ] Asgard Brewing filed SEC Form C to raise a target amount of $500,000 (up to a maximum of $1,000,000) of Debt via Wefunder before a deadline of 02-22-2019.