FRONTOFFICE WEB SOLUTIONS AS

4314 SANDNES

Finances

Share Ownership

Return on Equity

−243,48 %

Current Ratio

2,56

Debt-to-Equity Ratio

15,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 002 000	920 000	1 162 000	1 155 000
Net Income	−56 000	15 000	−36 000	35 000
Total Assets	471 000	374 000	228 000	268 000
Total Equity	23 000	79 000	64 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 002 000	920 000	1 162 000	1 155 000
Expenditure	1 066 000	846 000	1 192 000	1 091 000
Operating Profit	−65 000	73 000	−29 000	65 000
Financial Income	17 000	20 000	7 000	15 000
Financial Costs	8 000	79 000	15 000	34 000
Financial Balance	9 000	−59 000	−8 000	−19 000
Earnings Before Tax	−56 000	15 000	−38 000	46 000
Tax	0	0	−2 000	11 000
Net Income	−56 000	15 000	−36 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	232 000	175 000	43 000	65 000
Total Current Assets	238 000	198 000	186 000	204 000
Total Assets	471 000	374 000	228 000	268 000
Total Retained Equity	−7 000	49 000	34 000	70 000
Total Equity	23 000	79 000	64 000	100 000
Total Long-Term Debt	355 000	200 000	0	2 000
Total Current Debt	93 000	95 000	165 000	167 000
Total Equity and Debt	471 000	374 000	228 000	268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 002 000	920 000	1 162 000	1 155 000
Other Income	0	0	0	0
Revenue	1 002 000	920 000	1 162 000	1 155 000
Cost of Goods Sold	370 000	366 000	593 000	548 000
Salary Costs	225 000	226 000	381 000	295 000
Depreciation	76 000	31 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	1 066 000	846 000	1 192 000	1 091 000
Operating Profit	−65 000	73 000	−29 000	65 000
Financial Income	17 000	20 000	7 000	15 000
Financial Costs	8 000	79 000	15 000	34 000
Financial Balance	9 000	−59 000	−8 000	−19 000
Dividends	0	0	0	0
Net Income	−56 000	15 000	−36 000	35 000

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	232 000	175 000	33 000	55 000
Total Tangible Assets	232 000	175 000	33 000	55 000
Total Fiancial Fixed Assets	0	0	10 000	10 000
Total Fixed Assets	232 000	175 000	43 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	161 000	49 000	43 000
Total Current Assets	238 000	198 000	186 000	204 000
Total Assets	471 000	374 000	228 000	268 000
Total Equity	23 000	79 000	64 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	200 000	0	2 000
Creditors	0	0	15 000	44 000
Unpaid Taxes	71 000	41 000	116 000	77 000
Dividends	0	0	0	0
Other Current Debt	22 000	54 000	34 000	33 000
Total Current Debt	93 000	95 000	165 000	167 000
Total Equity and Debt	471 000	374 000	228 000	268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−243,48 %	18,99 %	−56,25 %	35 %
Debt-to-Equity Ratio	15,43	2,53	0	0,02
Operating Profit Margin	−6,49 %	7,93 %	−2,5 %	5,63 %
Current Ratio	2,56	2,08	1,13	1,22
Quick Ratio	2,56	2,08	1,13	1,22
Equity Ratio	0,05	0,21	0,28	0,37
Gross Profit Margin	63,07 %	60,22 %	48,97 %	52,55 %