FRONT MANAGEMENT AS

4085 HUNDVÅG

Finances

Return on Equity

−56,46 %

Current Ratio

21,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	70 000	0	232 000
Net Income	−223 000	−902 000	108 000	1 437 000
Total Assets	415 000	824 000	540 000	1 469 000
Total Equity	395 000	718 000	466 000	1 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	70 000	0	232 000
Expenditure	163 000	852 000	194 000	395 000
Operating Profit	−164 000	−782 000	−194 000	−163 000
Financial Income	100 000	72 000	302 000	1 592 000
Financial Costs	158 000	191 000	0	0
Financial Balance	−58 000	−119 000	302 000	1 592 000
Earnings Before Tax	−223 000	−900 000	108 000	1 429 000
Tax	0	2 000	0	−8 000
Net Income	−223 000	−902 000	108 000	1 437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	70 000	233 000	220 000
Total Current Assets	415 000	754 000	307 000	1 249 000
Total Assets	415 000	824 000	540 000	1 469 000
Total Retained Equity	365 000	688 000	436 000	1 128 000
Total Equity	395 000	718 000	466 000	1 158 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	106 000	75 000	311 000
Total Equity and Debt	415 000	824 000	540 000	1 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	70 000	0	232 000
Other Income	0	0	0	0
Revenue	0	70 000	0	232 000
Cost of Goods Sold	0	0	0	5 000
Salary Costs	−82 000	547 000	0	8 000
Depreciation	0	2 000	0	35 000
Impairment	0	0	0	0
Expenditure	163 000	852 000	194 000	395 000
Operating Profit	−164 000	−782 000	−194 000	−163 000
Financial Income	100 000	72 000	302 000	1 592 000
Financial Costs	158 000	191 000	0	0
Financial Balance	−58 000	−119 000	302 000	1 592 000
Dividends	100 000	450 000	800 000	507 000
Net Income	−223 000	−902 000	108 000	1 437 000

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	0	70 000	233 000	220 000
Total Fixed Assets	0	70 000	233 000	220 000
Stock	0	0	0	0
Total Investments	409 000	608 000	0	0
Cash, Bank	6 000	119 000	2 000	87 000
Total Current Assets	415 000	754 000	307 000	1 249 000
Total Assets	415 000	824 000	540 000	1 469 000
Total Equity	395 000	718 000	466 000	1 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	23 000	19 000	0
Unpaid Taxes	0	2 000	0	1 000
Dividends	100 000	450 000	800 000	507 000
Other Current Debt	14 000	82 000	56 000	0
Total Current Debt	19 000	106 000	75 000	311 000
Total Equity and Debt	415 000	824 000	540 000	1 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,46 %	−125,63 %	23,18 %	124,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−1 117,14 %	-	−70,26 %
Current Ratio	21,84	7,11	4,09	4,02
Quick Ratio	21,84	7,11	4,09	4,02
Equity Ratio	0,95	0,87	0,86	0,79
Gross Profit Margin	-	100 %	-	97,84 %