Drammen Squash AS

ASDissolved

Org 922104832Doktor Hansteins Gate 26, 3044 DrammenActivities of fitness centres· NACE 9313Est. 2018 · 7 years old1 employees

Overview

Drammen Squash AS is a Norwegian AS based in Drammen, operating in the Activities of fitness centres sector. Incorporated in 2018, the company has 1 employee and reported revenue of NOK 2.0m in its latest annual filing.

Revenue 2021

2M NOK

−1% vs 2020

EBITDA margin

2.7 %

+118% vs 2020

Net profit 2021

0M NOK

+272656% vs 2020

Key ratios

See full ratios →

-30.8 %

Very weak

Among the 20% lowest rated companies in the industry

20182021

0.2×

Very weak

Among the 10% lowest rated companies in the industry

20182021

2.2 %

Average

Around the average of companies in the same industry

20182021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	2M NOK	-1%
EBITDA	0.1M NOK	+118%
Net profit	0M NOK	+272656%
Total assets	1.1M NOK	-26%
Equity	-0.3M NOK	+7%
Employees	1	—

Financial development

In its most recent annual report (2021), Drammen Squash AS reported revenue of NOK 2.0m, a decrease of 1% on the year before. The figures on this page draw on 4 annual filings covering 2018 to 2021. The bottom line showed a net profit of NOK 24.5k, and the EBITDA margin stood at 2.7%.

At the end of 2021, current assets covered short-term debt 0.2 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018
Revenue	2,023	2,039	1,589	0
Staff expenses	-180	-118	-194	-0
EBITDA	54	25	-358	0
Depreciation & amort.	-18	-18	-18	-0
EBIT	35	6	-376	0
Net financials	-11	-6	0	0
Profit before tax	25	0	-376	0
Tax	-0	-0	-0	-0
Net profit	25	0	-376	0

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018
Total assets	1,124	1,525	1,054	30
Equity	-347	-371	-371	18
Long-term debt	0	400	0	0
Short-term debt	1,471	1,497	1,425	12
Total debt	1,471	1,897	1,425	12

Financial ratios

5-year trend

EBITDA margin

2.7 %

20182021

Equity ratio

-30.8 %

Very weak

Among the 20% lowest rated companies in the industry

20182021

Return on equity

—

20182021

Net profit margin

1.2 %

Average

Around the average of companies in the same industry

20182021

Asset turnover

1.80×

Strong

Among the 40% highest rated companies in the industry

20182021

Debt / equity

—

20182021

Sector performance

21 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginAverage

Around the average of companies in the same industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Asset turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery weak

Among the 10% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-12-10 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Drammen Squash AS?

Drammen Squash AS is registered with Brønnøysundsregistrene under Org 922104832.

What is the revenue of Drammen Squash AS?

Drammen Squash AS reported revenue of NOK 2.0m in 2021.

How many employees does Drammen Squash AS have?

Drammen Squash AS employs 1 people as of the latest annual report.

Where is Drammen Squash AS headquartered?

Drammen Squash AS's registered address is Doktor Hansteins Gate 26.