FITNESS ROBOTICS AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

5 004,05 %

Current Ratio

1,09

Debt-to-Equity Ratio

−119,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	−52 000	0	329 000	519 000
Net Income	−3 703 000	−3 115 000	−1 083 000	−316 000
Total Assets	9 363 000	9 064 000	6 657 000	3 168 000
Total Equity	−74 000	3 630 000	−2 256 000	−1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	−52 000	0	329 000	519 000
Expenditure	3 650 000	3 115 000	1 432 000	834 000
Operating Profit	−3 702 000	−3 115 000	−1 104 000	−316 000
Financial Income	0	0	20 000	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	20 000	0
Earnings Before Tax	−3 703 000	−3 115 000	−1 083 000	−316 000
Tax	0	0	0	0
Net Income	−3 703 000	−3 115 000	−1 083 000	−316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 717 000	8 195 000	1 080 000	1 035 000
Total Current Assets	646 000	868 000	5 577 000	2 133 000
Total Assets	9 363 000	9 064 000	6 657 000	3 168 000
Total Retained Equity	−10 457 000	−6 754 000	−3 639 000	−2 556 000
Total Equity	−74 000	3 630 000	−2 256 000	−1 172 000
Total Long-Term Debt	8 844 000	5 096 000	3 561 000	1 961 000
Total Current Debt	592 000	338 000	5 351 000	2 379 000
Total Equity and Debt	9 363 000	9 064 000	6 657 000	3 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−52 000	0	329 000	519 000
Other Income	0	0	0	0
Revenue	−52 000	0	329 000	519 000
Cost of Goods Sold	115 000	−12 000	13 000	0
Salary Costs	821 000	794 000	312 000	13 000
Depreciation	937 000	812 000	32 000	31 000
Impairment	0	0	0	0
Expenditure	3 650 000	3 115 000	1 432 000	834 000
Operating Profit	−3 702 000	−3 115 000	−1 104 000	−316 000
Financial Income	0	0	20 000	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	20 000	0
Dividends	0	0	0	0
Net Income	−3 703 000	−3 115 000	−1 083 000	−316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 764 000	1 764 000	966 000	966 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 692 000	6 152 000	108 000	54 000
Fixtures	261 000	280 000	6 000	14 000
Total Tangible Assets	6 953 000	6 431 000	114 000	68 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 717 000	8 195 000	1 080 000	1 035 000
Stock	180 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	345 000	954 000	217 000
Total Current Assets	646 000	868 000	5 577 000	2 133 000
Total Assets	9 363 000	9 064 000	6 657 000	3 168 000
Total Equity	−74 000	3 630 000	−2 256 000	−1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 844 000	5 096 000	3 561 000	1 961 000
Creditors	360 000	205 000	253 000	199 000
Unpaid Taxes	176 000	72 000	170 000	0
Dividends	0	0	0	0
Other Current Debt	56 000	62 000	4 928 000	2 179 000
Total Current Debt	592 000	338 000	5 351 000	2 379 000
Total Equity and Debt	9 363 000	9 064 000	6 657 000	3 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 004,05 %	−85,81 %	48,01 %	26,96 %
Debt-to-Equity Ratio	−119,51	1,4	−1,58	−1,67
Operating Profit Margin	7 119,23 %	-	−335,56 %	−60,89 %
Current Ratio	1,09	2,57	1,04	0,9
Quick Ratio	1,57	2,57	1,04	0,9
Equity Ratio	−0,01	0,4	−0,34	−0,37
Gross Profit Margin	321,15 %	-	96,05 %	100 %