Revenue
0.8% of sector revenue
103 companies earned 3.69m€ in 2025, 0.8% of Arts & entertainment sector revenue. Revenue has grown 4.1× since 2015.
0.8% of sector revenue
59 with at most one employee
Largest employer: Zazen Health (13)
Median company -5.7% · 34% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–50 of 103
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 894,855€ | 14 |
| 2016 | 146,916€ | 15 |
| 2017 | 667,038€ | 21 |
| 2018 | 825,774€ | 30 |
| 2019 | 826,100€ | 31 |
| 2020 | 512,213€ | 34 |
| 2021 | 721,829€ | 41 |
| 2022 | 1,287,552€ | 53 |
| 2023 | 1,679,532€ | 65 |
| 2024 | 2,839,393€ | 81 |
| 2025 (Preliminary) | 3,689,151€ | 103 |
The number of companies jumped most in 2022: from 41 to 53.
9.2% |
| 340,407€ |
| -14.7% |
| -60,077€ |
| -17.6% |
| 8 |
| 1,486€ |
| 3 | Zazen Health03262715 · Kotor | 8.8% | 325,563€ | +102.4% | 134,134€ | 41.2% | 13 | 913€ |
| 4 | Terzo03365239 · Herceg Novi | 8.2% | 302,715€ | +29.4% | 4,070€ | 1.3% | 9 | 594€ |
| 5 | Total Fitness03610179 · Podgorica | 6.5% | 239,597€ | +35.4% | 18,592€ | 7.8% | 8 | 949€ |
| 6 | Nand03120341 · Budva | 4.5% | 166,089€ | +348.6% | 61,674€ | 37.1% | 4 | 610€ |
| 7 | MRC03111598 · Budva | 4.4% | 160,993€ | +38.0% | 17,818€ | 11.1% | 4 | 647€ |
| 8 | Body & Mind Montenegro03179761 · Podgorica | 4.3% | 160,164€ | +28.6% | 11,638€ | 7.3% | 5 | 1,457€ |
| 9 | Fitness Original03041654 · Budva | 3.4% | 127,060€ | +62.5% | 21,191€ | 16.7% | 4 | 908€ |
| 10 | Mixsa02937778 · Podgorica | 2.7% | 98,772€ | +20.0% | 15,974€ | 16.2% | 2 | 1,052€ |
| 11 | Cataleya Spa03196739 · Budva | 2.6% | 95,736€ | +15.7% | -8,944€ | -9.3% | 5 | 673€ |
| 12 | Olymp & Kolos03403467 · Budva | 2.6% | 95,207€ | +24.5% | 5,513€ | 5.8% | 2 | 874€ |
| 13 | BYG Body Ufc03342824 · Bar | 1.5% | 56,296€ | -58.6% | -29,119€ | -51.7% | 2 | 550€ |
| 14 | Fitness Centar 4 Life03214214 · Podgorica | 1.3% | 47,245€ | +34.7% | -6,568€ | -13.9% | 6 | 450€ |
| 15 | DMP Active03204596 · Podgorica | 1.2% | 43,751€ | -10.8% | -8,979€ | -20.5% | 2 | 802€ |
| 16 | Pilates Place03481760 · Podgorica | 1.2% | 42,853€ | +3.3% | 2,541€ | 5.9% | 2 | 1,418€ |
| 17 | Disability Fitness03711641 · Podgorica | 1.1% | 42,194€ | +3,275.5% | 5,816€ | 13.8% | 3 | 847€ |
| 18 | Fit Studio Marić03357511 · Kotor | 1.1% | 38,872€ | -42.9% | -42,320€ | -108.9% | 3 | 1,210€ |
| 19 | Mišić03717208 · Podgorica | 1.0% | 38,621€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,973€ | -5.1% | 2 | 1,395€ |
| 20 | Industry Pro03396975 · Podgorica | 1.0% | 38,494€ | +33.9% | 3,292€ | 8.6% | 4 | 494€ |
| 21 | Oxygen02967499 · Nikšić | 1.0% | 35,064€ | +15.9% | -7,886€ | -22.5% | 2 | 653€ |
| 22 | 1244 Centar za Zdravlje i Performanse03680185 · Budva | 0.8% | 30,857€ | +195.6% | -176€ | -0.6% | 3 | 677€ |
| 23 | Fit&Health House03431665 · Podgorica | 0.8% | 30,155€ | -10.7% | 5,428€ | 18.0% | 2 | 700€ |
| 24 | As Fitnes03311309 · Zeta | 0.8% | 29,679€ | -1.4% | -820€ | -2.8% | 1 | 675€ |
| 25 | No1 Body Transformation03225194 · Podgorica | 0.7% | 27,340€ | +21.8% | 681€ | 2.5% | 2 | 928€ |
| 26 | The 2203410307 · Podgorica | 0.7% | 27,082€ | +16.9% | 207€ | 0.8% | 2 | 452€ |
| 27 | BS Fit03619907 · Bar | 0.7% | 25,165€ | +36.4% | 9,024€ | 35.9% | 1 | 1,053€ |
| 28 | Power House03301834 · Podgorica | 0.7% | 24,666€ | -17.9% | -5,326€ | -21.6% | 1 | 1,223€ |
| 29 | Olymp 199703733327 · Podgorica | 0.7% | 24,049€ | No filing for 2024. | -5,886€ | -24.5% | 3 | 384€ |
| 30 | Atp03631222 · Podgorica | 0.6% | 23,625€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,819€ | -37.3% | 2 | 687€ |
| 31 | Wonder Woman Fitness Studio03542254 · Bar | 0.6% | 23,178€ | -1.3% | -1,631€ | -7.0% | 2 | 628€ |
| 32 | Gymbrothers03690415 · Podgorica | 0.6% | 23,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,239€ | -31.3% | 1 | 803€ |
| 33 | DD2 Company03605078 · Podgorica | 0.6% | 21,780€ | +4.2% | -1,168€ | -5.4% | 2 | 508€ |
| 34 | Pilates Studio 8803706419 · Kotor | 0.6% | 21,550€ | +1,198.2% | 845€ | 3.9% | 1 | 678€ |
| 35 | Perfect Move03609901 · Budva | 0.5% | 17,546€ | +294.8% | -18,354€ | -104.6% | 2 | 478€ |
| 36 | FS&CTC03461734 · Podgorica | 0.5% | 17,045€ | -52.9% | -287€ | -1.7% | 1 | — |
| 37 | Mindfulfit03377768 · Bar | 0.4% | 16,490€ | +63.5% | 100€ | 0.6% | 1 | 1,239€ |
| 38 | Rollup03494136 · Podgorica | 0.4% | 16,143€ | +201.5% | 1,744€ | 10.8% | 2 | 564€ |
| 39 | Play GYM03008398 · Bijelo Polje | 0.4% | 16,090€ | +19.4% | 177€ | 1.1% | 3 | 363€ |
| 40 | Benefit Health02763958 · Podgorica | 0.4% | 15,610€ | +14.0% | 2,139€ | 13.7% | 1 | 925€ |
| 41 | Body Transformation Vems03341232 · Podgorica | 0.4% | 15,610€ | +64.5% | -942€ | -6.0% | 2 | 621€ |
| 42 | Fitness Champion MM03231771 · Kotor | 0.4% | 15,015€ | +6.9% | 835€ | 5.6% | 1 | 678€ |
| 43 | Barbell GYM03746542 · Kotor | 0.4% | 13,100€ | No filing for 2024. | 3,639€ | 27.8% | 1 | 504€ |
| 44 | Reformer Pilates Place03755428 · Nikšić | 0.3% | 12,264€ | No filing for 2024. | 3,739€ | 30.5% | 1 | 441€ |
| 45 | Status Fitness Studio03626989 · Nikšić | 0.3% | 11,917€ | +79.4% | 424€ | 3.6% | 1 | — |
| 46 | 86 GYM03220478 · Kotor | 0.3% | 10,765€ | -4.6% | 317€ | 2.9% | 1 | 790€ |
| 47 | MED&GCT03692639 · Podgorica | 0.3% | 10,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 660€ | 6.3% | 1 | 675€ |
| 48 | GYM Lab03690822 · Tuzi | 0.3% | 10,280€ | +296.9% | 1,114€ | 10.8% | 1 | 675€ |
| 49 | Fit Institute03400441 · Podgorica | 0.3% | 10,252€ | -69.6% | -16,402€ | -160.0% | 3 | 392€ |
| 50 | GYM SLY03659879 · Bar | 0.3% | 10,026€ | +31.2% | -6,860€ | -68.4% | 1 | 679€ |