FRONTMASTER AS

3125 TØNSBERG

Finances

Share Ownership

Return on Equity

133,13 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	646 000	185 000	206 000	878 000
Net Income	221 000	77 000	27 000	203 000
Total Assets	483 000	235 000	228 000	848 000
Total Equity	166 000	195 000	191 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	646 000	185 000	206 000	878 000
Expenditure	363 000	88 000	172 000	617 000
Operating Profit	283 000	98 000	34 000	261 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	0	0
Earnings Before Tax	284 000	98 000	34 000	261 000
Tax	62 000	22 000	8 000	57 000
Net Income	221 000	77 000	27 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	19 000	24 000	29 000
Total Current Assets	463 000	216 000	204 000	819 000
Total Assets	483 000	235 000	228 000	848 000
Total Retained Equity	136 000	165 000	89 000	362 000
Total Equity	166 000	195 000	191 000	464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	316 000	39 000	38 000	385 000
Total Equity and Debt	483 000	235 000	228 000	848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	646 000	185 000	206 000	878 000
Other Income	0	0	0	0
Revenue	646 000	185 000	206 000	878 000
Cost of Goods Sold	260 000	0	0	143 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	363 000	88 000	172 000	617 000
Operating Profit	283 000	98 000	34 000	261 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	0	0
Dividends	100 000	0	0	0
Net Income	221 000	77 000	27 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	19 000	24 000	29 000
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	0	0	0	0
Total Fixed Assets	20 000	19 000	24 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	96 000	190 000	625 000
Total Current Assets	463 000	216 000	204 000	819 000
Total Assets	483 000	235 000	228 000	848 000
Total Equity	166 000	195 000	191 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	0	35 000	96 000
Unpaid Taxes	85 000	22 000	0	34 000
Dividends	100 000	0	0	0
Other Current Debt	13 000	0	0	200 000
Total Current Debt	316 000	39 000	38 000	385 000
Total Equity and Debt	483 000	235 000	228 000	848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,13 %	39,49 %	14,14 %	43,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,81 %	52,97 %	16,5 %	29,73 %
Current Ratio	1,47	5,54	5,37	2,13
Quick Ratio	1,47	5,54	5,37	2,13
Equity Ratio	0,34	0,83	0,84	0,55
Gross Profit Margin	59,75 %	100 %	100 %	83,71 %