X FIT STAVANGER AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

3,65 %

Current Ratio

23,67

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 541 000	2 117 000	2 035 000	2 606 000
Net Income	115 000	−21 000	−370 000	−653 000
Total Assets	5 800 000	4 959 000	4 983 000	5 324 000
Total Equity	3 154 000	1 962 000	1 605 000	1 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 541 000	2 117 000	2 035 000	2 606 000
Expenditure	2 426 000	2 133 000	2 478 000	3 193 000
Operating Profit	115 000	−16 000	−443 000	−586 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	67 000
Financial Balance	0	0	−3 000	−67 000
Earnings Before Tax	115 000	−16 000	−445 000	−653 000
Tax	0	5 000	−75 000	0
Net Income	115 000	−21 000	−370 000	−653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 812 000	4 133 000	4 574 000	5 274 000
Total Current Assets	1 988 000	826 000	410 000	49 000
Total Assets	5 800 000	4 959 000	4 983 000	5 324 000
Total Retained Equity	−1 300 000	−1 415 000	−1 395 000	−1 291 000
Total Equity	3 154 000	1 962 000	1 605 000	1 709 000
Total Long-Term Debt	2 561 000	3 012 000	3 012 000	3 012 000
Total Current Debt	84 000	−16 000	365 000	603 000
Total Equity and Debt	5 800 000	4 959 000	4 983 000	5 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 524 000	2 148 000	1 958 000	2 606 000
Other Income	17 000	−31 000	77 000	0
Revenue	2 541 000	2 117 000	2 035 000	2 606 000
Cost of Goods Sold	43 000	104 000	83 000	150 000
Salary Costs	322 000	86 000	297 000	594 000
Depreciation	360 000	517 000	788 000	783 000
Impairment	0	0	0	0
Expenditure	2 426 000	2 133 000	2 478 000	3 193 000
Operating Profit	115 000	−16 000	−443 000	−586 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	67 000
Financial Balance	0	0	−3 000	−67 000
Dividends	0	0	0	0
Net Income	115 000	−21 000	−370 000	−653 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	5 000
Real Eastate	34 000	42 000	51 000	59 000
Machinery and Plant Facilities	0	0	3 330 000	3 650 000
Fixtures	2 812 000	3 125 000	222 000	653 000
Total Tangible Assets	2 846 000	3 167 000	3 603 000	4 362 000
Total Fiancial Fixed Assets	966 000	966 000	966 000	908 000
Total Fixed Assets	3 812 000	4 133 000	4 574 000	5 274 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	66 000	41 000	17 000
Total Current Assets	1 988 000	826 000	410 000	49 000
Total Assets	5 800 000	4 959 000	4 983 000	5 324 000
Total Equity	3 154 000	1 962 000	1 605 000	1 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 561 000	3 012 000	3 012 000	3 012 000
Creditors	5 000	55 000	335 000	346 000
Unpaid Taxes	10 000	12 000	8 000	26 000
Dividends	0	0	0	0
Other Current Debt	68 000	−83 000	21 000	231 000
Total Current Debt	84 000	−16 000	365 000	603 000
Total Equity and Debt	5 800 000	4 959 000	4 983 000	5 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,65 %	−1,07 %	−23,05 %	−38,21 %
Debt-to-Equity Ratio	0,81	1,54	1,88	1,76
Operating Profit Margin	4,53 %	−0,76 %	−21,77 %	−22,49 %
Current Ratio	23,67	−51,63	1,12	0,08
Quick Ratio	23,67	−51,63	1,12	0,08
Equity Ratio	0,54	0,4	0,32	0,32
Gross Profit Margin	98,31 %	95,09 %	95,92 %	94,24 %