FIT GROUP AS

3135 TORØD

Finances

Share Ownership

Return on Equity

3,65 %

Current Ratio

1,57

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 925 000	5 901 000	2 522 000	1 154 000
Net Income	8 000	72 000	−14 000	−3 000
Total Assets	1 093 000	1 234 000	1 149 000	1 180 000
Total Equity	219 000	418 000	335 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 925 000	5 901 000	2 522 000	1 154 000
Expenditure	5 884 000	5 813 000	2 486 000	1 113 000
Operating Profit	40 000	88 000	11 000	52 000
Financial Income	0	36 000	3 000	1 000
Financial Costs	30 000	32 000	32 000	52 000
Financial Balance	−30 000	4 000	−29 000	−51 000
Earnings Before Tax	10 000	93 000	−17 000	0
Tax	2 000	20 000	0	3 000
Net Income	8 000	72 000	−14 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	643 000	687 000	839 000
Total Current Assets	508 000	591 000	462 000	341 000
Total Assets	1 093 000	1 234 000	1 149 000	1 180 000
Total Retained Equity	0	0	85 000	99 000
Total Equity	219 000	418 000	335 000	349 000
Total Long-Term Debt	550 000	617 000	546 000	674 000
Total Current Debt	324 000	200 000	267 000	156 000
Total Equity and Debt	1 093 000	1 234 000	1 149 000	1 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 925 000	5 901 000	2 420 000	1 154 000
Other Income	0	0	102 000	0
Revenue	5 925 000	5 901 000	2 522 000	1 154 000
Cost of Goods Sold	4 911 000	5 317 000	1 404 000	125 000
Salary Costs	625 000	134 000	295 000	246 000
Depreciation	111 000	143 000	207 000	239 000
Impairment	0	0	0	0
Expenditure	5 884 000	5 813 000	2 486 000	1 113 000
Operating Profit	40 000	88 000	11 000	52 000
Financial Income	0	36 000	3 000	1 000
Financial Costs	30 000	32 000	32 000	52 000
Financial Balance	−30 000	4 000	−29 000	−51 000
Dividends	0	0	0	0
Net Income	8 000	72 000	−14 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	−80 000	0	0	0
Total Intangible Assets	−80 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	445 000	574 000	652 000	839 000
Fixtures	0	0	0	0
Total Tangible Assets	445 000	574 000	652 000	839 000
Total Fiancial Fixed Assets	220 000	69 000	35 000	0
Total Fixed Assets	585 000	643 000	687 000	839 000
Stock	0	0	27 000	51 000
Total Investments	0	0	0	0
Cash, Bank	192 000	399 000	403 000	282 000
Total Current Assets	508 000	591 000	462 000	341 000
Total Assets	1 093 000	1 234 000	1 149 000	1 180 000
Total Equity	219 000	418 000	335 000	349 000
Short-Term Group Debt	0	3 000	0	0
Total Long-Term Debt	550 000	617 000	546 000	674 000
Creditors	0	0	82 000	5 000
Unpaid Taxes	187 000	136 000	120 000	27 000
Dividends	0	0	0	0
Other Current Debt	135 000	41 000	65 000	121 000
Total Current Debt	324 000	200 000	267 000	156 000
Total Equity and Debt	1 093 000	1 234 000	1 149 000	1 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,65 %	17,22 %	−4,18 %	−0,86 %
Debt-to-Equity Ratio	2,51	1,48	1,63	1,93
Operating Profit Margin	0,68 %	1,49 %	0,44 %	4,51 %
Current Ratio	1,57	2,96	1,73	2,19
Quick Ratio	1,57	2,96	1,93	3,25
Equity Ratio	0,2	0,34	0,29	0,3
Gross Profit Margin	17,11 %	9,9 %	44,33 %	89,17 %