Pure Gym Denmark A/S - CVR: 25652991

2022, DKK

23.06.2023

Bruttoresultat

435''

Primær drift

-67.214'

Årets resultat

-23.064'

Aktiver

593''

Kortfristede aktiver

196''

Egenkapital

25.183'

Afkastningsgrad

-11 %

Soliditetsgrad

4 %

Likviditetsgrad

58 %

Resultat

23.06.2023

Årsrapport	2022 23.06.2023	2021 17.05.2022	2020 23.04.2021	2019 02.09.2020	2018 12.06.2019	2017 29.03.2018	2016 07.06.2017	2015 24.05.2016
Nettoomsætning	1.189.258.000	768.149.000	914.953.000	1.366.239.000	1.302.685.000	1.213.403.000	1.075.292.000	903.364.000
Bruttoresultat	434.704.000	292.758.000	316.654.000	607.162.000	0	523.403.000	502.651.000	410.757.000
Resultat af primær drift	-67.214.000	-270.645.000	-342.928.000	122.182.000	0	53.086.000	90.360.000	85.154.000
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	-33.194.000	0	0	0	0	0
Finansielle indtægter	5.103.000	1.501.000	159.000	186.000	1.947.000	1.633.000	861.000	4.045.000
Finansieringsomkostninger	-9.819.000	-9.571.000	-9.051.000	-11.500.000	-5.581.000	-4.236.000	-10.898.000	-18.505.000
Andre finansielle omkostninger	0	0	0	0	0	0	0	0
Resultat før skat	-71.930.000	-278.715.000	-385.014.000	102.437.000	100.261.000	34.796.000	62.929.000	72.162.000
Resultat	-23.064.000	-221.453.000	-329.536.000	78.731.000	68.740.000	19.147.000	39.647.000	52.891.000
Forslag til udbytte	0	0	0	0	-150.000.000	-100.000.000	0	0

Aktiver

23.06.2023

Årsrapport	2022 23.06.2023	2021 17.05.2022	2020 23.04.2021	2019 02.09.2020	2018 12.06.2019	2017 29.03.2018	2016 07.06.2017	2015 24.05.2016
Kortfristede varebeholdninger	15.332.000	10.734.000	12.123.000	22.653.000	17.969.000	19.449.000	17.661.000	19.538.000
Kortfristede tilgodehavender fra salg og tjenesteydelser	167.133.000	121.391.000	91.383.000	98.917.000	78.950.000	69.243.000	71.372.000	82.522.000
Likvider	13.668.000	95.597.000	11.577.000	0	14.600.000	52.092.000	37.828.000	77.547.000
Kortfristede aktiver	196.133.000	227.722.000	115.083.000	121.570.000	111.519.000	140.784.000	126.861.000	179.607.000
Immaterielle aktiver og goodwill	51.212.000	83.063.000	145.720.000	229.306.000	211.853.000	172.148.000	187.983.000	73.331.000
Finansielle anlægsaktiver	48.692.000	52.140.000	48.476.000	80.264.000	89.917.000	85.906.000	60.214.000	188.188.000
Materielle aktiver	297.255.000	297.884.000	389.078.000	385.205.000	372.987.000	388.197.000	447.092.000	421.489.000
Langfristede aktiver	397.159.000	433.087.000	583.274.000	694.775.000	674.757.000	646.251.000	695.289.000	683.008.000
Aktiver	593.292.000	660.809.000	698.357.000	816.345.000	786.276.000	787.035.000	822.150.000	862.615.000

Aktiver

23.06.2023

Passiver

23.06.2023

Årsrapport	2022 23.06.2023	2021 17.05.2022	2020 23.04.2021	2019 02.09.2020	2018 12.06.2019	2017 29.03.2018	2016 07.06.2017	2015 24.05.2016
Forslag til udbytte	0	0	0	0	150.000.000	100.000.000	0	0
Egenkapital	25.183.000	-201.753.000	19.699.000	349.235.000	421.871.000	458.725.000	533.857.000	559.590.000
Hensatte forpligtelser	103.961.000	60.073.000	82.851.000	53.825.000	57.913.000	78.102.000	89.020.000	50.523.000
Langfristet gæld til banker	0	0	0	0	0	0	0	0
Anden langfristet gæld	19.942.000	44.983.000	27.153.000	5.585.000	0	0	424.000	512.000
Leverandører af varer og tjenesteydelser	80.173.000	81.355.000	108.306.000	113.167.000	86.268.000	68.280.000	44.178.000	34.630.000
Kortfristede forpligtelser	337.570.000	635.924.000	416.145.000	330.444.000	262.975.000	215.706.000	161.753.000	207.707.000
Gældsforpligtelser	464.148.000	802.489.000	595.807.000	413.285.000	306.492.000	250.208.000	199.273.000	252.502.000
Forpligtelser	464.148.000	802.489.000	595.807.000	413.285.000	306.492.000	250.208.000	199.273.000	252.502.000
Passiver	593.292.000	660.809.000	698.357.000	816.345.000	786.276.000	787.035.000	822.150.000	862.615.000

Passiver

23.06.2023

Nøgletal

23.06.2023

Årsrapport	2022 23.06.2023	2021 17.05.2022	2020 23.04.2021	2019 02.09.2020	2018 12.06.2019	2017 29.03.2018	2016 07.06.2017	2015 24.05.2016
Afkastningsgrad	-11,3 %	-41,0 %	-49,1 %	15,0 %	Na.	6,7 %	11,0 %	9,9 %
Dækningsgrad	36,6 %	38,1 %	34,6 %	44,4 %	Na.	43,1 %	46,7 %	45,5 %
Resultatgrad	-1,9 %	-28,8 %	-36,0 %	5,8 %	5,3 %	1,6 %	3,7 %	5,9 %
Varelagerets omsætningshastighed	77,6	71,6	75,5	60,3	72,5	62,4	60,9	46,2
Egenkapitals-forretning	-91,6 %	109,8 %	-1.672,9 %	22,5 %	16,3 %	4,2 %	7,4 %	9,5 %
Payout-ratio	Na.	Na.	Na.	Na.	218,2 %	522,3 %	Na.	Na.
Gældsdæknings-nøgletal	-684,5 %	-2.827,8 %	-3.788,8 %	1.062,5 %	Na.	1.253,2 %	829,1 %	460,2 %
Soliditestgrad	4,2 %	-30,5 %	2,8 %	42,8 %	53,7 %	58,3 %	64,9 %	64,9 %
Likviditetsgrad	58,1 %	35,8 %	27,7 %	36,8 %	42,4 %	65,3 %	78,4 %	86,5 %

Resultat

23.06.2023

Gæld

23.06.2023

Årsrapport

23.06.2023

Nyeste:01.01.2022- 31.12.2022(offentliggjort: 23.06.2023)

Information om virksomhedens regnskabsklasse:The annual report of Pure Gym Denmark A/S for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to large enterprises of reporting class C . The accounting policies applied are consistent with those of last year. The annual report for 2022 is presented in TDKK.

Oplysning om pantsætninger og sikkerhedsstillelser:Tangible assets with a carrying amount of DKK 60 million at 31 December 2022, see note 14, are financed by finance leases. The lease liability totals DKK 36 million at 31 December 2022. Guarantees on rent obligations constitute DKK 51 million at 31 December 2022. (2021: DKK 50 million).

Beretning

23.06.2023

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Board of Directors and Executive Board have today discussed and approved the annual report of Pure Gym Denmark A/S for the financial year 1 January - 31 December 2022.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Business review The Company's main activity is to operate fitness gyms and related activities. Pure Gym Denmark A/S is the country's largest fitness chain with gyms throughout Denmark and is part of the PureGym Group, which is one of the largest gym and fitness operators in Europe (by number of sites). The Group provides high quality, low cost and flexible physical fitness facilities. In 2023 the company rebranded from "Fitness World" to "Pure Gym". The rebrand strategy is in line with the group strategy to unify the brand across the markets the group operates in. The name change took effect on 23 May 2023. Financial review Result for the year 2022 has been a year of recovery for the business, being the first year in the last 3 without enforced closures due to COVID-19. At the same time, it has been a year with new challenges from the current macro-economic climate. The Business has remained resilient in the face of these challenges and has delivered significant progress in its key financial trading metrics. Revenue amounted to DKK 1,189 million in 2022, 55% when compared to the prior year. Gross profit amounted to DKK 435 million in 2022, up 49% when compared to the prior year. Loss before net financials (EBIT) amounted to DKK -67 million compared to DKK -271 million in 2021, an improvement of DKK 204 million. Result for the year changed from DKK -221 million in 2021 to DKK -23 million in 2022, an improvement of DKK 198 million. The result in 2021 was impacted by COVID-19, and the positive result in 2022 is related to the gradual return to normal operations throughout the year. The result for the year is affected by several factors. An impairment on assets of DKK 34. 5 million, onerous contracts of DKK 19. 3 million, dilapidation provisions of DKK 62. 7 million and restructuring costs of DKK 1. 9 million have a negative impact on the result. While the result is positively affected by the recognition of a deferred tax asset of DKK 23. 1 million regarding software development costs recognized in the financial statements in 2020 and 2021. The Danish Tax Authorities (Skattestyrelsen) have acknowledged the full deduction. The result for the year is improved compared to 2021 and the management considers the result for the year satisfactory given the business' ongoing recovery post COVID-19. Equity at end of 2022 amounted to DKK 25 million (DKK -202 million in 2021), corresponding to an solvency ratio of 4,2%. DKK 250 million was converted from intercompany debt in 2022 to equity and combined with the profit for the year, Pure Gym Denmark A/S has returned to a positive equity position.