FRONTLINE INVEST AS

1710 SARPSBORG

Finances

Return on Equity

85,68 %

Current Ratio

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−742 000	−14 000	−16 000	−18 000
Total Assets	990 000	1 700 000	1 550 000	1 550 000
Total Equity	−866 000	−124 000	−111 000	−94 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	5 000	14 000	16 000	17 000
Operating Profit	−5 000	−14 000	−16 000	−17 000
Financial Income	0	0	0	0
Financial Costs	738 000	0	0	0
Financial Balance	−738 000	0	0	0
Earnings Before Tax	−742 000	−14 000	−16 000	−18 000
Tax	0	0	0	0
Net Income	−742 000	−14 000	−16 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 000	1 700 000	1 500 000	750 000
Total Current Assets	0	0	50 000	800 000
Total Assets	990 000	1 700 000	1 550 000	1 550 000
Total Retained Equity	−896 000	−154 000	−141 000	−124 000
Total Equity	−866 000	−124 000	−111 000	−94 000
Total Long-Term Debt	1 600 000	1 600 000	1 600 000	0
Total Current Debt	256 000	224 000	61 000	1 644 000
Total Equity and Debt	990 000	1 700 000	1 550 000	1 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	14 000	16 000	17 000
Operating Profit	−5 000	−14 000	−16 000	−17 000
Financial Income	0	0	0	0
Financial Costs	738 000	0	0	0
Financial Balance	−738 000	0	0	0
Dividends	0	0	0	0
Net Income	−742 000	−14 000	−16 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	990 000	1 700 000	1 500 000	750 000
Total Fixed Assets	990 000	1 700 000	1 500 000	750 000
Stock	0	0	0	0
Total Investments	0	0	50 000	50 000
Cash, Bank	0	0	0	0
Total Current Assets	0	0	50 000	800 000
Total Assets	990 000	1 700 000	1 550 000	1 550 000
Total Equity	−866 000	−124 000	−111 000	−94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 600 000	1 600 000	1 600 000	0
Creditors	0	14 000	0	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	256 000	211 000	61 000	1 634 000
Total Current Debt	256 000	224 000	61 000	1 644 000
Total Equity and Debt	990 000	1 700 000	1 550 000	1 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,68 %	11,29 %	14,41 %	19,15 %
Debt-to-Equity Ratio	−1,85	−12,9	−14,41	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0,82	0,49
Quick Ratio	0	0	0,82	0,49
Equity Ratio	−0,87	−0,07	−0,07	−0,06
Gross Profit Margin	-	-	-	-