FRONT ELEKTRO AS

1424 SKI

Finances

Share Ownership

Return on Equity

41,18 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 724 000	10 011 000	8 100 000	15 954 000
Net Income	1 266 000	830 000	907 000	3 289 000
Total Assets	7 836 000	7 190 000	6 049 000	7 441 000
Total Equity	3 074 000	3 008 000	2 978 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 724 000	10 011 000	8 100 000	15 954 000
Expenditure	11 061 000	8 932 000	6 924 000	11 730 000
Operating Profit	1 663 000	1 080 000	1 175 000	4 225 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	41 000	17 000	13 000	10 000
Financial Balance	−40 000	−16 000	−11 000	−8 000
Earnings Before Tax	1 623 000	1 064 000	1 164 000	4 217 000
Tax	357 000	234 000	257 000	928 000
Net Income	1 266 000	830 000	907 000	3 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 325 000	1 320 000	906 000	401 000
Total Current Assets	6 511 000	5 870 000	5 143 000	7 040 000
Total Assets	7 836 000	7 190 000	6 049 000	7 441 000
Total Retained Equity	3 043 000	2 977 000	2 948 000	2 740 000
Total Equity	3 074 000	3 008 000	2 978 000	2 771 000
Total Long-Term Debt	779 000	937 000	532 000	193 000
Total Current Debt	3 982 000	3 246 000	2 539 000	4 476 000
Total Equity and Debt	7 836 000	7 190 000	6 049 000	7 441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 724 000	10 011 000	8 070 000	15 954 000
Other Income	0	1 000	29 000	0
Revenue	12 724 000	10 011 000	8 100 000	15 954 000
Cost of Goods Sold	3 975 000	3 271 000	1 993 000	5 742 000
Salary Costs	5 378 000	4 335 000	3 776 000	4 715 000
Depreciation	340 000	181 000	113 000	41 000
Impairment	0	0	0	0
Expenditure	11 061 000	8 932 000	6 924 000	11 730 000
Operating Profit	1 663 000	1 080 000	1 175 000	4 225 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	41 000	17 000	13 000	10 000
Financial Balance	−40 000	−16 000	−11 000	−8 000
Dividends	1 200 000	800 000	700 000	2 000 000
Net Income	1 266 000	830 000	907 000	3 289 000

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	1 196 000	1 299 000	755 000	331 000
Total Fiancial Fixed Assets	128 000	21 000	151 000	70 000
Total Fixed Assets	1 325 000	1 320 000	906 000	401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 787 000	3 429 000	4 092 000	5 759 000
Total Current Assets	6 511 000	5 870 000	5 143 000	7 040 000
Total Assets	7 836 000	7 190 000	6 049 000	7 441 000
Total Equity	3 074 000	3 008 000	2 978 000	2 771 000
Short-Term Group Debt	0	0	0	2 000 000
Total Long-Term Debt	779 000	937 000	532 000	193 000
Creditors	645 000	753 000	558 000	541 000
Unpaid Taxes	850 000	701 000	545 000	530 000
Dividends	1 200 000	800 000	700 000	2 000 000
Other Current Debt	918 000	782 000	499 000	475 000
Total Current Debt	3 982 000	3 246 000	2 539 000	4 476 000
Total Equity and Debt	7 836 000	7 190 000	6 049 000	7 441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,18 %	27,59 %	30,46 %	118,69 %
Debt-to-Equity Ratio	0,25	0,31	0,18	0,07
Operating Profit Margin	13,07 %	10,79 %	14,51 %	26,48 %
Current Ratio	1,64	1,81	2,03	1,57
Quick Ratio	1,64	1,81	2,03	1,57
Equity Ratio	0,39	0,42	0,49	0,37
Gross Profit Margin	68,76 %	67,33 %	75,4 %	64,01 %