FRONT PROSJEKT AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

3,46 %

Current Ratio

2,15

Debt-to-Equity Ratio

7,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 518 000	26 949 000	843 000	8 456 000
Net Income	102 000	1 534 000	−178 000	1 229 000
Total Assets	49 166 000	29 729 000	30 322 000	14 560 000
Total Equity	2 947 000	2 846 000	1 311 000	1 204 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 518 000	26 949 000	843 000	8 456 000
Expenditure	16 184 000	23 390 000	520 000	6 382 000
Operating Profit	2 334 000	3 559 000	323 000	2 074 000
Financial Income	18 000	0	337 000	94 000
Financial Costs	2 222 000	1 592 000	891 000	623 000
Financial Balance	−2 204 000	−1 592 000	−554 000	−529 000
Earnings Before Tax	130 000	1 967 000	−231 000	1 544 000
Tax	29 000	433 000	−52 000	314 000
Net Income	102 000	1 534 000	−178 000	1 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	49 166 000	29 729 000	30 322 000	14 560 000
Total Assets	49 166 000	29 729 000	30 322 000	14 560 000
Total Retained Equity	2 677 000	2 575 000	1 041 000	1 119 000
Total Equity	2 947 000	2 846 000	1 311 000	1 204 000
Total Long-Term Debt	23 400 000	17 346 000	21 613 000	9 613 000
Total Current Debt	22 819 000	9 538 000	7 398 000	3 743 000
Total Equity and Debt	49 166 000	29 729 000	30 322 000	14 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 918 000	26 386 000	0	7 800 000
Other Income	1 600 000	563 000	843 000	656 000
Revenue	18 518 000	26 949 000	843 000	8 456 000
Cost of Goods Sold	14 860 000	22 844 000	0	6 111 000
Salary Costs	369 000	0	57 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 184 000	23 390 000	520 000	6 382 000
Operating Profit	2 334 000	3 559 000	323 000	2 074 000
Financial Income	18 000	0	337 000	94 000
Financial Costs	2 222 000	1 592 000	891 000	623 000
Financial Balance	−2 204 000	−1 592 000	−554 000	−529 000
Dividends	0	0	0	0
Net Income	102 000	1 534 000	−178 000	1 229 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	47 635 000	25 635 000	29 940 000	7 024 000
Total Investments	0	0	0	0
Cash, Bank	4 000	3 949 000	93 000	7 000
Total Current Assets	49 166 000	29 729 000	30 322 000	14 560 000
Total Assets	49 166 000	29 729 000	30 322 000	14 560 000
Total Equity	2 947 000	2 846 000	1 311 000	1 204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 400 000	17 346 000	21 613 000	9 613 000
Creditors	902 000	74 000	34 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 140 000	7 145 000	7 364 000	3 411 000
Total Current Debt	22 819 000	9 538 000	7 398 000	3 743 000
Total Equity and Debt	49 166 000	29 729 000	30 322 000	14 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,46 %	53,9 %	−13,58 %	102,08 %
Debt-to-Equity Ratio	7,94	6,09	16,49	7,98
Operating Profit Margin	12,6 %	13,21 %	38,32 %	24,53 %
Current Ratio	2,15	3,12	4,1	3,89
Quick Ratio	−1,98	−1,85	−1,35	−4,44
Equity Ratio	0,06	0,1	0,04	0,08
Gross Profit Margin	19,75 %	15,23 %	100 %	27,73 %