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TOPPFORM AS
AS
Active
Org 932154226
Langarinden 5, 5132 Nyborg
Activities of fitness centres · NACE 9313
Est. 2023
44 employees
www.toppformfitness.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 21,1M
+20% vs 2024
EBITDA margin
23.0%
+1124% vs 2024
Equity ratio
39.7%
Financial strength
Net profit 2025
NOK 3,3M
+379% vs 2024
EBITDA — year on year
NOK millions
0M
2M
3M
5M
6M
1M
2023
0M
-100%
2024
5M
+500%
2025
Key figures
Annual report 2025
Revenue
NOK 21,1M
+20%
EBITDA
NOK 4,8M
+1124%
Net profit
NOK 3,3M
+379%
Total assets
NOK 9,6M
-11%
Equity
NOK 3,8M
+43%
Employees
44
—
Company information
Legal name
TOPPFORM AS
Org number
932154226
Legal form
Aksjeselskap
NACE code
9313 · Activities of fitness centres
Founded
29. september 2023
Share capital
NOK 100 000
Employees
44 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Helse- og solstudio, samt salg av diverse kosttilskudd, treningsklær og utstyr, samt agenturer.
Contact
Address
Langarinden 5, 5132 Nyborg
Website
www.toppformfitness.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Activities of fitness centres
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Revenue
NOK millions
0M
6M
12M
18M
24M
17M
2023
18M
2024
21M
2025
EBITDA
NOK millions
0M
1M
3M
4M
6M
1M
2023
0M
2024
5M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
17 210
17 598
21 093
Staff expenses
−6 165
−6 390
−5 438
EBITDA
1 333
396
4 846
Depreciation & amort.
−421
−1 584
−432
EBIT
911
−1 188
4 414
Net financials
−297
−338
−127
Profit before tax
614
−1 525
4 287
Tax
117
−330
959
Net profit
498
−1 195
3 328
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
10 612
10 818
9 615
Equity
3 863
2 668
3 813
Long-term debt
4 152
3 844
45
Short-term debt
2 559
4 244
5 757
Total debt
6 711
8 088
5 802
Financial ratios
5-year trend
EBITDA margin
23.0%
This company
15.8%
Market median
+46% vs market
2023
2025
Equity ratio
39.7%
This company
38.2%
Market median
+4% vs market
2023
2025
Return on equity
87.3%
This company
18.4%
Market median
+374% vs market
2023
2025
Net profit margin
15.8%
This company
8.1%
Market median
+95% vs market
2023
2025
Asset turnover
2.19×
This company
1.12×
Market median
+96% vs market
2023
2025
Debt / equity
1.52×
This company
0.62×
Market median
-145% vs market
2023
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TJ
Tove Jeanette Hegdalsaunet
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MN
Morten Nore
Chairman
2023
—
—
TF
Tor Fredrik Neumann-Berg
Board of Directors
2025
—
—
KH
Ketil Hegdalsaunet
Board of Directors
2023
—
—
TH
Trygve Hagen
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
All-In Investments As
Company
100.0%
100.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
All-In Investments As
TOPPFORM AS
(this company)
Board network connections
Board members of TOPPFORM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tove Jeanette Hegdalsaunet
Chief Executive Officer
0 companies
Morten Nore
Chairman
0 companies
Tor Fredrik Neumann-Berg
Board of Directors
0 companies
Ketil Hegdalsaunet
Board of Directors
0 companies
Trygve Hagen
Chairman
0 companies