FRONT RENHOLD & SERVICE AS

2022 GJERDRUM

Finances

Share Ownership

Return on Equity

244,53 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 146 000	1 421 000	2 350 000
Net Income	−335 000	69 000	123 000	8 000
Total Assets	147 000	539 000	459 000	676 000
Total Equity	−137 000	199 000	198 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 146 000	1 421 000	2 350 000
Expenditure	1 421 000	1 062 000	1 260 000	2 332 000
Operating Profit	−340 000	84 000	160 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	7 000	10 000
Financial Balance	0	−2 000	−7 000	−10 000
Earnings Before Tax	−340 000	81 000	153 000	8 000
Tax	−5 000	13 000	30 000	0
Net Income	−335 000	69 000	123 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	80 000	41 000	90 000
Total Current Assets	98 000	459 000	418 000	586 000
Total Assets	147 000	539 000	459 000	676 000
Total Retained Equity	−237 000	99 000	98 000	−26 000
Total Equity	−137 000	199 000	198 000	74 000
Total Long-Term Debt	0	5 000	47 000	104 000
Total Current Debt	284 000	336 000	214 000	498 000
Total Equity and Debt	147 000	539 000	459 000	676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 080 000	1 135 000	1 421 000	2 350 000
Other Income	0	11 000	0	0
Revenue	1 080 000	1 146 000	1 421 000	2 350 000
Cost of Goods Sold	23 000	41 000	103 000	175 000
Salary Costs	1 173 000	808 000	922 000	1 870 000
Depreciation	31 000	−39 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	1 421 000	1 062 000	1 260 000	2 332 000
Operating Profit	−340 000	84 000	160 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	7 000	10 000
Financial Balance	0	−2 000	−7 000	−10 000
Dividends	0	68 000	0	0
Net Income	−335 000	69 000	123 000	8 000

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	49 000	80 000	41 000	90 000
Total Tangible Assets	49 000	80 000	41 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	80 000	41 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	345 000	299 000	457 000
Total Current Assets	98 000	459 000	418 000	586 000
Total Assets	147 000	539 000	459 000	676 000
Total Equity	−137 000	199 000	198 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	47 000	104 000
Creditors	5 000	1 000	8 000	32 000
Unpaid Taxes	91 000	65 000	65 000	218 000
Dividends	0	68 000	0	0
Other Current Debt	188 000	263 000	112 000	248 000
Total Current Debt	284 000	336 000	214 000	498 000
Total Equity and Debt	147 000	539 000	459 000	676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	244,53 %	34,67 %	62,12 %	10,81 %
Debt-to-Equity Ratio	−0	0,03	0,24	1,41
Operating Profit Margin	−31,48 %	7,33 %	11,26 %	0,77 %
Current Ratio	0,35	1,37	1,95	1,18
Quick Ratio	0,35	1,37	1,95	1,18
Equity Ratio	−0,93	0,37	0,43	0,11
Gross Profit Margin	97,87 %	96,42 %	92,75 %	92,55 %