Kurbadet
FLIActiveOrg 979252072Akersgata 74, 0180 OsloActivities of other membership organisations n.e.c.· NACE 9499Est. 1989 · 37 years old9 employeeshttps://www.kurbadetlegesenter.no
Loading company…
Riskpilot← Back to searchSign inGet full accessKurbadet is a Norwegian FLI based in Oslo, operating in the Activities of other membership organisations n.e.c. sector. Incorporated in 1989, the company has 9 employees and reported revenue of NOK 4.3m in its latest annual filing.
| Revenue | 4.3M NOK | +1% |
| EBITDA | 1.4M NOK | +27% |
| Net profit | 0.5M NOK | +261% |
| Total assets | 5M NOK | +4% |
| Equity | -8.1M NOK | +5% |
| Employees | 9 | — |
In its most recent annual report (2025), Kurbadet reported revenue of NOK 4.3m, an increase of 1% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 463.8k, and the EBITDA margin stood at 33%.
At the end of 2025, current assets covered short-term debt 2.8 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 4,298 | 4,273 | 3,833 | 3,616 | 3,225 |
| Staff expenses | -870 | -823 | -806 | -641 | -527 |
| EBITDA | 1,420 | 1,118 | 966 | 619 | -471 |
| Depreciation & amort. | -652 | -649 | -648 | -605 | -605 |
| EBIT | 768 | 469 | 318 | 15 | -1,075 |
| Net financials | -304 | -340 | -372 | -379 | -388 |
| Profit before tax | 464 | 129 | -54 | -364 | -1,463 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 464 | 129 | -54 | -364 | -1,463 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 4,951 | 4,757 | 4,601 | 4,737 | 5,250 |
| Equity | -8,123 | -8,587 | -8,716 | -8,661 | -8,297 |
| Long-term debt | 12,096 | 12,233 | 12,485 | 12,605 | 12,725 |
| Short-term debt | 979 | 1,111 | 832 | 794 | 822 |
| Total debt | 13,074 | 13,344 | 13,316 | 13,398 | 13,547 |
28 financial ratios from the latest filing, each graded against 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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 relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's debt.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
DP Chief Executive Officer | Chief Executive Officer | 2024 |
OM Deputy Member | Deputy Member | 2020 – 2022 |
ES Chief Executive Officer | Chief Executive Officer | 2014 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (9) | ||
JE Board of Directors | Board of Directors | 2020 |
SK Board of Directors | Board of Directors | 2024 |
ÅE Board of Directors | Board of Directors | 2026 |
VD Board of Directors | Board of Directors | 2024 |
JE Chairman | Chairman | 2020 |
AF Board of Directors | Board of Directors | 2026 |
BS Board of Directors | Board of Directors | 2024 |
CM Board of Directors | Board of Directors | 2025 |
ØS Board of Directors | Board of Directors | 2026 |
JO Board of Directors | Board of Directors | 2020 – 2020 |
OM Board of Directors | Board of Directors | 2022 – 2026 |
BR Board of Directors | Board of Directors | 2020 – 2025 |
MM Board of Directors | Board of Directors | 2020 – 2024 |
DP Board of Directors | Board of Directors | 2022 – 2024 |
VB Board of Directors | Board of Directors | 2020 – 2020 |
RO Board of Directors | Board of Directors | 2020 – 2022 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Johann Ellert Johannsson | Chairman | 11 companiesMany roles |
| Ole Martin Sømme | Deputy Member | 9 companiesMany roles |
| Victor Derek Marley | Board of Directors | 7 companiesMany roles |
| Jonatan Olafsson | Board of Directors | 3 companies |
| Bethany Rebekah Martin | Board of Directors | 2 companies |
| Atle Fonn Aluwini | Board of Directors | 2 companies |
| Erik Steinsvåg | Chief Executive Officer | 1 company |
| Daniel Peter Riley | Chief Executive Officer | 1 company |
| Jarle Espen Hafstad | Board of Directors | 1 company |
| Melissa Myklebust Wilson | Board of Directors | 1 company |
| Benjamin Samsing | Board of Directors | 1 company |
| Camilla Maria Gustafsson | Board of Directors | 1 company |
| Reidar Olsen | Board of Directors | 1 company |