SCANDINAVIAN FITNESS GROUP AS

0369 OSLO

Finances

Return on Equity

−5,12 %

Current Ratio

2,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	542 000	993 000	396 000	0
Net Income	−1 824 000	2 904 000	45 000	39 773 000
Total Assets	44 928 000	38 442 000	51 202 000	38 858 000
Total Equity	35 617 000	37 440 000	37 897 000	37 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	542 000	993 000	396 000	0
Expenditure	1 450 000	3 501 000	1 321 000	1 499 000
Operating Profit	−908 000	−2 509 000	−925 000	−1 499 000
Financial Income	3 415 000	13 656 000	3 431 000	41 272 000
Financial Costs	4 281 000	7 959 000	2 450 000	0
Financial Balance	−866 000	5 697 000	981 000	41 272 000
Earnings Before Tax	−1 775 000	3 188 000	55 000	39 773 000
Tax	49 000	284 000	10 000	0
Net Income	−1 824 000	2 904 000	45 000	39 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 247 000	12 677 000	22 321 000	2 724 000
Total Current Assets	27 681 000	25 765 000	28 881 000	36 135 000
Total Assets	44 928 000	38 442 000	51 202 000	38 858 000
Total Retained Equity	33 185 000	35 009 000	35 465 000	35 420 000
Total Equity	35 617 000	37 440 000	37 897 000	37 851 000
Total Long-Term Debt	0	204 000	0	0
Total Current Debt	9 311 000	798 000	13 305 000	1 007 000
Total Equity and Debt	44 928 000	38 442 000	51 202 000	38 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 000	0	0	0
Other Income	420 000	993 000	396 000	0
Revenue	542 000	993 000	396 000	0
Cost of Goods Sold	41 000	0	0	0
Salary Costs	97 000	421 000	0	0
Depreciation	314 000	314 000	86 000	0
Impairment	0	0	0	0
Expenditure	1 450 000	3 501 000	1 321 000	1 499 000
Operating Profit	−908 000	−2 509 000	−925 000	−1 499 000
Financial Income	3 415 000	13 656 000	3 431 000	41 272 000
Financial Costs	4 281 000	7 959 000	2 450 000	0
Financial Balance	−866 000	5 697 000	981 000	41 272 000
Dividends	0	0	0	1 000 000
Net Income	−1 824 000	2 904 000	45 000	39 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	15 237 000	0
Machinery and Plant Facilities	2 514 000	2 617 000	2 916 000	0
Fixtures	34 000	48 000	63 000	40 000
Total Tangible Assets	2 547 000	2 666 000	18 217 000	40 000
Total Fiancial Fixed Assets	14 700 000	10 011 000	4 104 000	2 684 000
Total Fixed Assets	17 247 000	12 677 000	22 321 000	2 724 000
Stock	0	0	0	0
Total Investments	21 151 000	8 622 000	19 492 000	3 930 000
Cash, Bank	6 180 000	17 064 000	9 072 000	32 205 000
Total Current Assets	27 681 000	25 765 000	28 881 000	36 135 000
Total Assets	44 928 000	38 442 000	51 202 000	38 858 000
Total Equity	35 617 000	37 440 000	37 897 000	37 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	204 000	0	0
Creditors	9 000	0	8 000	7 000
Unpaid Taxes	0	78 000	0	0
Dividends	0	0	0	1 000 000
Other Current Debt	1 556 000	283 000	7 114 000	1 000 000
Total Current Debt	9 311 000	798 000	13 305 000	1 007 000
Total Equity and Debt	44 928 000	38 442 000	51 202 000	38 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,12 %	7,76 %	0,12 %	105,08 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−167,53 %	−252,67 %	−233,59 %	-
Current Ratio	2,97	32,29	2,17	35,88
Quick Ratio	2,97	32,29	2,17	35,88
Equity Ratio	0,79	0,97	0,74	0,97
Gross Profit Margin	92,44 %	100 %	100 %	-