FRONTHOUSE AS

3256 LARVIK

Finances

Return on Equity

22,3 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 101 000	10 868 000	9 332 000	7 286 000
Net Income	639 000	1 085 000	1 132 000	519 000
Total Assets	7 318 000	7 019 000	5 896 000	4 608 000
Total Equity	2 866 000	2 677 000	2 366 000	1 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 101 000	10 868 000	9 332 000	7 286 000
Expenditure	11 206 000	9 422 000	7 682 000	6 540 000
Operating Profit	895 000	1 446 000	1 650 000	746 000
Financial Income	25 000	38 000	3 000	5 000
Financial Costs	103 000	103 000	184 000	59 000
Financial Balance	−78 000	−65 000	−181 000	−54 000
Earnings Before Tax	817 000	1 380 000	1 469 000	691 000
Tax	178 000	296 000	336 000	172 000
Net Income	639 000	1 085 000	1 132 000	519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	39 000	0	60 000
Total Current Assets	7 208 000	6 980 000	5 896 000	4 548 000
Total Assets	7 318 000	7 019 000	5 896 000	4 608 000
Total Retained Equity	2 716 000	2 527 000	2 216 000	1 684 000
Total Equity	2 866 000	2 677 000	2 366 000	1 834 000
Total Long-Term Debt	1 158 000	1 103 000	1 050 000	1 200 000
Total Current Debt	3 294 000	3 240 000	2 480 000	1 575 000
Total Equity and Debt	7 318 000	7 019 000	5 896 000	4 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 063 000	10 903 000	9 317 000	7 276 000
Other Income	38 000	−35 000	15 000	10 000
Revenue	12 101 000	10 868 000	9 332 000	7 286 000
Cost of Goods Sold	7 239 000	6 367 000	5 049 000	4 072 000
Salary Costs	2 201 000	1 884 000	1 504 000	1 340 000
Depreciation	8 000	1 000	60 000	135 000
Impairment	0	0	0	0
Expenditure	11 206 000	9 422 000	7 682 000	6 540 000
Operating Profit	895 000	1 446 000	1 650 000	746 000
Financial Income	25 000	38 000	3 000	5 000
Financial Costs	103 000	103 000	184 000	59 000
Financial Balance	−78 000	−65 000	−181 000	−54 000
Dividends	450 000	600 000	600 000	0
Net Income	639 000	1 085 000	1 132 000	519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	39 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	60 000
Total Tangible Assets	0	0	0	60 000
Total Fiancial Fixed Assets	78 000	0	0	0
Total Fixed Assets	109 000	39 000	0	60 000
Stock	4 842 000	4 434 000	3 964 000	4 109 000
Total Investments	0	0	0	0
Cash, Bank	2 068 000	2 306 000	1 851 000	384 000
Total Current Assets	7 208 000	6 980 000	5 896 000	4 548 000
Total Assets	7 318 000	7 019 000	5 896 000	4 608 000
Total Equity	2 866 000	2 677 000	2 366 000	1 834 000
Short-Term Group Debt	450 000	600 000	600 000	0
Total Long-Term Debt	1 158 000	1 103 000	1 050 000	1 200 000
Creditors	1 286 000	1 073 000	656 000	804 000
Unpaid Taxes	558 000	528 000	408 000	333 000
Dividends	450 000	600 000	600 000	0
Other Current Debt	822 000	744 000	479 000	266 000
Total Current Debt	3 294 000	3 240 000	2 480 000	1 575 000
Total Equity and Debt	7 318 000	7 019 000	5 896 000	4 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,3 %	40,53 %	47,84 %	28,3 %
Debt-to-Equity Ratio	0,4	0,41	0,44	0,65
Operating Profit Margin	7,4 %	13,31 %	17,68 %	10,24 %
Current Ratio	2,19	2,15	2,38	2,89
Quick Ratio	−4,66	−5,85	−3,97	−1,79
Equity Ratio	0,39	0,38	0,4	0,4
Gross Profit Margin	40,18 %	41,42 %	45,9 %	44,11 %