NORWEGIAN FITNESS AS

1777 HALDEN

Finances

Share Ownership

Return on Equity

19,96 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 659 000	7 465 000	9 333 000	10 643 000
Net Income	193 000	242 000	298 000	291 000
Total Assets	1 877 000	1 949 000	2 629 000	2 431 000
Total Equity	967 000	774 000	531 000	1 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 659 000	7 465 000	9 333 000	10 643 000
Expenditure	3 664 000	7 186 000	3 807 000	10 246 000
Operating Profit	379 000	279 000	364 000	397 000
Financial Income	26 000	122 000	95 000	31 000
Financial Costs	159 000	101 000	100 000	50 000
Financial Balance	−133 000	21 000	−5 000	−19 000
Earnings Before Tax	247 000	300 000	359 000	379 000
Tax	53 000	57 000	61 000	88 000
Net Income	193 000	242 000	298 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	700 000	0	0	0
Total Current Assets	1 177 000	1 949 000	2 629 000	2 431 000
Total Assets	1 877 000	1 949 000	2 629 000	2 431 000
Total Retained Equity	436 000	242 000	0	373 000
Total Equity	967 000	774 000	531 000	1 133 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	910 000	1 175 000	2 098 000	1 298 000
Total Equity and Debt	1 877 000	1 949 000	2 629 000	2 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 659 000	7 465 000	9 313 000	10 697 000
Other Income	0	0	20 000	−54 000
Revenue	6 659 000	7 465 000	9 333 000	10 643 000
Cost of Goods Sold	0	3 608 000	0	5 293 000
Salary Costs	0	0	486 000	2 042 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 664 000	7 186 000	3 807 000	10 246 000
Operating Profit	379 000	279 000	364 000	397 000
Financial Income	26 000	122 000	95 000	31 000
Financial Costs	159 000	101 000	100 000	50 000
Financial Balance	−133 000	21 000	−5 000	−19 000
Dividends	0	0	900 000	500 000
Net Income	193 000	242 000	298 000	291 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	700 000	0	0	0
Total Fixed Assets	700 000	0	0	0
Stock	0	0	0	412 000
Total Investments	0	0	0	0
Cash, Bank	700 000	706 000	1 596 000	655 000
Total Current Assets	1 177 000	1 949 000	2 629 000	2 431 000
Total Assets	1 877 000	1 949 000	2 629 000	2 431 000
Total Equity	967 000	774 000	531 000	1 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	538 000	704 000	487 000	61 000
Unpaid Taxes	311 000	386 000	436 000	393 000
Dividends	0	0	900 000	500 000
Other Current Debt	8 000	29 000	213 000	257 000
Total Current Debt	910 000	1 175 000	2 098 000	1 298 000
Total Equity and Debt	1 877 000	1 949 000	2 629 000	2 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,96 %	31,27 %	56,12 %	25,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,69 %	3,74 %	3,9 %	3,73 %
Current Ratio	1,29	1,66	1,25	1,87
Quick Ratio	1,29	1,66	1,25	2,74
Equity Ratio	0,52	0,4	0,2	0,47
Gross Profit Margin	100 %	51,67 %	100 %	50,27 %