GROVEN FITNESS AS

3802 BØ I TELEMARK

Finances

Return on Equity

73,76 %

Current Ratio

2,27

Debt-to-Equity Ratio

−8,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 151 000	984 000	419 000	493 000
Net Income	−149 000	60 000	6 000	−1 000
Total Assets	1 821 000	154 000	112 000	42 000
Total Equity	−202 000	63 000	3 000	−3 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 151 000	984 000	419 000	493 000
Expenditure	2 267 000	910 000	410 000	490 000
Operating Profit	−117 000	74 000	9 000	3 000
Financial Income	1 000	0	0	0
Financial Costs	32 000	0	3 000	3 000
Financial Balance	−31 000	0	−3 000	−3 000
Earnings Before Tax	−149 000	74 000	6 000	0
Tax	0	14 000	1 000	1 000
Net Income	−149 000	60 000	6 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 290 000	15 000	0	0
Total Current Assets	531 000	139 000	112 000	42 000
Total Assets	1 821 000	154 000	112 000	42 000
Total Retained Equity	−232 000	33 000	−27 000	−33 000
Total Equity	−202 000	63 000	3 000	−3 000
Total Long-Term Debt	1 790 000	0	0	0
Total Current Debt	234 000	91 000	109 000	45 000
Total Equity and Debt	1 821 000	154 000	112 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 100 000	884 000	418 000	493 000
Other Income	50 000	100 000	1 000	0
Revenue	2 151 000	984 000	419 000	493 000
Cost of Goods Sold	69 000	6 000	0	0
Salary Costs	844 000	415 000	172 000	177 000
Depreciation	103 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 267 000	910 000	410 000	490 000
Operating Profit	−117 000	74 000	9 000	3 000
Financial Income	1 000	0	0	0
Financial Costs	32 000	0	3 000	3 000
Financial Balance	−31 000	0	−3 000	−3 000
Dividends	0	0	0	0
Net Income	−149 000	60 000	6 000	−1 000

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	717 000	0	0	0
Total Tangible Assets	717 000	0	0	0
Total Fiancial Fixed Assets	574 000	15 000	0	0
Total Fixed Assets	1 290 000	15 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	514 000	135 000	111 000	41 000
Total Current Assets	531 000	139 000	112 000	42 000
Total Assets	1 821 000	154 000	112 000	42 000
Total Equity	−202 000	63 000	3 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 790 000	0	0	0
Creditors	71 000	10 000	17 000	16 000
Unpaid Taxes	59 000	25 000	15 000	11 000
Dividends	0	0	0	0
Other Current Debt	104 000	42 000	77 000	16 000
Total Current Debt	234 000	91 000	109 000	45 000
Total Equity and Debt	1 821 000	154 000	112 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,76 %	95,24 %	200 %	33,33 %
Debt-to-Equity Ratio	−8,86	0	0	−0
Operating Profit Margin	−5,44 %	7,52 %	2,15 %	0,61 %
Current Ratio	2,27	1,53	1,03	0,93
Quick Ratio	2,27	1,53	1,03	0,93
Equity Ratio	−0,11	0,41	0,03	−0,07
Gross Profit Margin	96,79 %	99,39 %	100 %	100 %