FRONT FARM AS

4313 SANDNES

Finances

Return on Equity

29,61 %

Current Ratio

0,91

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 200 000	11 260 000	12 149 000	5 695 000
Net Income	9 015 000	7 967 000	7 995 000	3 832 000
Total Assets	112 078 000	104 339 000	41 657 000	38 695 000
Total Equity	30 448 000	21 433 000	13 466 000	5 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 200 000	11 260 000	12 149 000	5 695 000
Expenditure	6 765 000	7 441 000	8 161 000	5 102 000
Operating Profit	3 436 000	3 820 000	3 989 000	593 000
Financial Income	10 965 000	10 129 000	6 571 000	4 393 000
Financial Costs	2 826 000	3 113 000	306 000	72 000
Financial Balance	8 139 000	7 016 000	6 265 000	4 321 000
Earnings Before Tax	11 575 000	10 836 000	10 254 000	4 914 000
Tax	2 560 000	2 869 000	2 259 000	1 082 000
Net Income	9 015 000	7 967 000	7 995 000	3 832 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 346 000	86 402 000	34 555 000	33 436 000
Total Current Assets	22 733 000	17 937 000	7 102 000	5 259 000
Total Assets	112 078 000	104 339 000	41 657 000	38 695 000
Total Retained Equity	29 441 000	20 426 000	12 459 000	4 463 000
Total Equity	30 448 000	21 433 000	13 466 000	5 471 000
Total Long-Term Debt	56 750 000	62 083 000	15 229 000	0
Total Current Debt	24 880 000	20 823 000	12 962 000	33 225 000
Total Equity and Debt	112 078 000	104 339 000	41 657 000	38 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 200 000	11 260 000	12 149 000	5 695 000
Other Income	0	0	0	0
Revenue	10 200 000	11 260 000	12 149 000	5 695 000
Cost of Goods Sold	0	962 000	1 177 000	1 017 000
Salary Costs	6 398 000	5 986 000	5 550 000	3 291 000
Depreciation	123 000	123 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	6 765 000	7 441 000	8 161 000	5 102 000
Operating Profit	3 436 000	3 820 000	3 989 000	593 000
Financial Income	10 965 000	10 129 000	6 571 000	4 393 000
Financial Costs	2 826 000	3 113 000	306 000	72 000
Financial Balance	8 139 000	7 016 000	6 265 000	4 321 000
Dividends	0	0	0	0
Net Income	9 015 000	7 967 000	7 995 000	3 832 000

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	123 000	246 000	368 000	491 000
Total Tangible Assets	123 000	246 000	368 000	491 000
Total Fiancial Fixed Assets	89 223 000	86 157 000	34 186 000	32 945 000
Total Fixed Assets	89 346 000	86 402 000	34 555 000	33 436 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 831 000	3 656 000	171 000	118 000
Total Current Assets	22 733 000	17 937 000	7 102 000	5 259 000
Total Assets	112 078 000	104 339 000	41 657 000	38 695 000
Total Equity	30 448 000	21 433 000	13 466 000	5 471 000
Short-Term Group Debt	18 526 000	16 659 000	0	0
Total Long-Term Debt	56 750 000	62 083 000	15 229 000	0
Creditors	56 000	176 000	159 000	144 000
Unpaid Taxes	353 000	254 000	393 000	392 000
Dividends	0	0	0	0
Other Current Debt	4 025 000	865 000	10 202 000	31 059 000
Total Current Debt	24 880 000	20 823 000	12 962 000	33 225 000
Total Equity and Debt	112 078 000	104 339 000	41 657 000	38 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,61 %	37,17 %	59,37 %	70,04 %
Debt-to-Equity Ratio	1,86	2,9	1,13	0
Operating Profit Margin	33,69 %	33,93 %	32,83 %	10,41 %
Current Ratio	0,91	0,86	0,55	0,16
Quick Ratio	0,91	0,86	0,55	0,16
Equity Ratio	0,27	0,21	0,32	0,14
Gross Profit Margin	100 %	91,46 %	90,31 %	82,14 %