FRONTED AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

450 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	291 000
Net Income	−18 000	0	−97 000	131 000
Total Assets	232 000	282 000	283 000	379 000
Total Equity	−4 000	15 000	15 000	112 000

Income (NOK)	2022	2020	2019
Revenue	0	0	291 000
Expenditure	23 000	124 000	190 000
Operating Profit	−23 000	−124 000	101 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−23 000	−124 000	101 000
Tax	−5 000	−27 000	−30 000
Net Income	−18 000	−97 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	113 000	113 000	86 000
Total Current Assets	114 000	169 000	170 000	293 000
Total Assets	232 000	282 000	283 000	379 000
Total Retained Equity	−360 000	−341 000	−341 000	−244 000
Total Equity	−4 000	15 000	15 000	112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	236 000	268 000	268 000	268 000
Total Equity and Debt	232 000	282 000	283 000	379 000

Cash flow (NOK)	2022	2020	2019
Sales Income	0	0	238 000
Other Income	0	0	53 000
Revenue	0	0	291 000
Cost of Goods Sold	23 000	105 000	173 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	23 000	124 000	190 000
Operating Profit	−23 000	−124 000	101 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−18 000	−97 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	118 000	113 000	113 000	86 000
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	0	0	0
Total Fixed Assets	118 000	113 000	113 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	2 000	126 000
Total Current Assets	114 000	169 000	170 000	293 000
Total Assets	232 000	282 000	283 000	379 000
Total Equity	−4 000	15 000	15 000	112 000
Short-Term Group Debt	196 000	227 000	227 000	227 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	40 000	40 000	40 000	40 000
Total Current Debt	236 000	268 000	268 000	268 000
Total Equity and Debt	232 000	282 000	283 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	450 %	0 %	−646,67 %	116,96 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	-	-	-	34,71 %
Current Ratio	0,48	0,63	0,63	1,09
Quick Ratio	0,48	0,63	0,63	1,09
Equity Ratio	−0,02	0,05	0,05	0,3
Gross Profit Margin	-	-	-	40,55 %