FRONTIER HOUSE AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−6,74 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	396 000	376 000	541 000
Net Income	−97 000	17 000	17 000	235 000
Total Assets	2 194 000	3 352 000	3 342 000	3 469 000
Total Equity	1 439 000	1 537 000	1 520 000	1 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	396 000	376 000	541 000
Expenditure	518 000	378 000	362 000	241 000
Operating Profit	−97 000	18 000	15 000	299 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−97 000	18 000	15 000	300 000
Tax	0	1 000	−2 000	65 000
Net Income	−97 000	17 000	17 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 927 000	1 968 000	1 991 000	2 025 000
Total Current Assets	267 000	1 385 000	1 351 000	1 444 000
Total Assets	2 194 000	3 352 000	3 342 000	3 469 000
Total Retained Equity	1 302 000	1 400 000	1 383 000	1 366 000
Total Equity	1 439 000	1 537 000	1 520 000	1 503 000
Total Long-Term Debt	578 000	1 778 000	1 778 000	1 479 000
Total Current Debt	177 000	38 000	45 000	487 000
Total Equity and Debt	2 194 000	3 352 000	3 342 000	3 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	81 000	33 000	541 000
Other Income	353 000	315 000	344 000	0
Revenue	422 000	396 000	376 000	541 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	22 000	23 000	34 000	41 000
Impairment	19 000	0	0	0
Expenditure	518 000	378 000	362 000	241 000
Operating Profit	−97 000	18 000	15 000	299 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−97 000	17 000	17 000	235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 927 000	1 968 000	1 991 000	2 025 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 927 000	1 968 000	1 991 000	2 025 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 927 000	1 968 000	1 991 000	2 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	212 000	126 000	1 321 000
Total Current Assets	267 000	1 385 000	1 351 000	1 444 000
Total Assets	2 194 000	3 352 000	3 342 000	3 469 000
Total Equity	1 439 000	1 537 000	1 520 000	1 503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	578 000	1 778 000	1 778 000	1 479 000
Creditors	137 000	1 000	−3 000	33 000
Unpaid Taxes	0	21 000	25 000	88 000
Dividends	0	0	0	0
Other Current Debt	39 000	12 000	18 000	302 000
Total Current Debt	177 000	38 000	45 000	487 000
Total Equity and Debt	2 194 000	3 352 000	3 342 000	3 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,74 %	1,11 %	1,12 %	15,64 %
Debt-to-Equity Ratio	0,4	1,16	1,17	0,98
Operating Profit Margin	−22,99 %	4,55 %	3,99 %	55,27 %
Current Ratio	1,51	36,45	30,02	2,97
Quick Ratio	1,51	36,45	30,02	2,97
Equity Ratio	0,66	0,46	0,45	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %