FLEX FITNESS GYM AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

23,15 %

Current Ratio

−0,04

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	817 000	1 090 000	1 290 000	1 123 000
Net Income	−861 000	−928 000	−16 000	−1 322 000
Total Assets	−74 000	−145 000	647 000	698 000
Total Equity	−3 720 000	−2 859 000	−1 931 000	−1 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	817 000	1 090 000	1 290 000	1 123 000
Expenditure	1 664 000	2 009 000	1 275 000	2 426 000
Operating Profit	−849 000	−921 000	14 000	−1 303 000
Financial Income	0	0	1 000	0
Financial Costs	13 000	8 000	31 000	19 000
Financial Balance	−13 000	−8 000	−30 000	−19 000
Earnings Before Tax	−861 000	−928 000	−16 000	−1 322 000
Tax	0	0	0	0
Net Income	−861 000	−928 000	−16 000	−1 322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	82 000	106 000	479 000
Total Current Assets	−135 000	−227 000	541 000	219 000
Total Assets	−74 000	−145 000	647 000	698 000
Total Retained Equity	−3 845 000	−2 984 000	−2 056 000	−2 040 000
Total Equity	−3 720 000	−2 859 000	−1 931 000	−1 915 000
Total Long-Term Debt	138 000	164 000	1 323 000	683 000
Total Current Debt	3 509 000	2 549 000	1 255 000	1 931 000
Total Equity and Debt	−74 000	−145 000	647 000	698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	817 000	1 017 000	1 290 000	1 123 000
Other Income	0	73 000	0	0
Revenue	817 000	1 090 000	1 290 000	1 123 000
Cost of Goods Sold	288 000	80 000	183 000	120 000
Salary Costs	0	69 000	124 000	121 000
Depreciation	20 000	20 000	21 000	57 000
Impairment	0	0	0	0
Expenditure	1 664 000	2 009 000	1 275 000	2 426 000
Operating Profit	−849 000	−921 000	14 000	−1 303 000
Financial Income	0	0	1 000	0
Financial Costs	13 000	8 000	31 000	19 000
Financial Balance	−13 000	−8 000	−30 000	−19 000
Dividends	0	0	0	0
Net Income	−861 000	−928 000	−16 000	−1 322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	102 000	67 000
Fixtures	61 000	82 000	4 000	413 000
Total Tangible Assets	61 000	82 000	106 000	479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 000	82 000	106 000	479 000
Stock	0	0	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	−12 000	3 000	8 000	6 000
Total Current Assets	−135 000	−227 000	541 000	219 000
Total Assets	−74 000	−145 000	647 000	698 000
Total Equity	−3 720 000	−2 859 000	−1 931 000	−1 915 000
Short-Term Group Debt	2 916 000	1 890 000	0	0
Total Long-Term Debt	138 000	164 000	1 323 000	683 000
Creditors	329 000	387 000	932 000	1 653 000
Unpaid Taxes	0	2 000	8 000	14 000
Dividends	0	0	0	0
Other Current Debt	264 000	270 000	316 000	263 000
Total Current Debt	3 509 000	2 549 000	1 255 000	1 931 000
Total Equity and Debt	−74 000	−145 000	647 000	698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,15 %	32,46 %	0,83 %	69,03 %
Debt-to-Equity Ratio	−0,04	−0,06	−0,69	−0,36
Operating Profit Margin	−103,92 %	−84,5 %	1,09 %	−116,03 %
Current Ratio	−0,04	−0,09	0,43	0,11
Quick Ratio	−0,04	−0,09	0,43	0,11
Equity Ratio	50,27	19,72	−2,98	−2,74
Gross Profit Margin	64,75 %	92,66 %	85,81 %	89,31 %