FRONT ENERGY AS

4836 ARENDAL

Finances

Return on Equity

233,45 %

Current Ratio

0,08

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 121 000	6 932 000	2 955 000	70 000
Net Income	1 284 000	2 428 000	1 037 000	−109 000
Total Assets	5 257 000	5 403 000	2 122 000	126 000
Total Equity	550 000	2 767 000	1 038 000	−499 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 121 000	6 932 000	2 955 000	70 000
Expenditure	466 000	3 824 000	950 000	171 000
Operating Profit	1 655 000	3 107 000	1 351 000	−100 000
Financial Income	31 000	0	0	1 000
Financial Costs	31 000	5 000	176 000	9 000
Financial Balance	0	−5 000	−176 000	−8 000
Earnings Before Tax	1 655 000	3 102 000	1 175 000	−109 000
Tax	371 000	674 000	138 000	0
Net Income	1 284 000	2 428 000	1 037 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 927 000	4 503 000	660 000	0
Total Current Assets	330 000	900 000	1 462 000	126 000
Total Assets	5 257 000	5 403 000	2 122 000	126 000
Total Retained Equity	0	2 217 000	488 000	−549 000
Total Equity	550 000	2 767 000	1 038 000	−499 000
Total Long-Term Debt	594 000	584 000	581 000	625 000
Total Current Debt	4 113 000	2 052 000	503 000	0
Total Equity and Debt	5 257 000	5 403 000	2 122 000	126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 121 000	7 031 000	2 655 000	70 000
Other Income	0	−99 000	300 000	0
Revenue	2 121 000	6 932 000	2 955 000	70 000
Cost of Goods Sold	−51 000	2 960 000	0	0
Salary Costs	263 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	466 000	3 824 000	950 000	171 000
Operating Profit	1 655 000	3 107 000	1 351 000	−100 000
Financial Income	31 000	0	0	1 000
Financial Costs	31 000	5 000	176 000	9 000
Financial Balance	0	−5 000	−176 000	−8 000
Dividends	3 469 000	0	0	0
Net Income	1 284 000	2 428 000	1 037 000	−109 000

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	4 927 000	4 503 000	660 000	0
Total Fixed Assets	4 927 000	4 503 000	660 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	177 000	387 000	1 454 000	126 000
Total Current Assets	330 000	900 000	1 462 000	126 000
Total Assets	5 257 000	5 403 000	2 122 000	126 000
Total Equity	550 000	2 767 000	1 038 000	−499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	594 000	584 000	581 000	625 000
Creditors	5 000	91 000	0	0
Unpaid Taxes	130 000	184 000	362 000	0
Dividends	3 469 000	0	0	0
Other Current Debt	147 000	1 149 000	3 000	0
Total Current Debt	4 113 000	2 052 000	503 000	0
Total Equity and Debt	5 257 000	5 403 000	2 122 000	126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	233,45 %	87,75 %	99,9 %	21,84 %
Debt-to-Equity Ratio	1,08	0,21	0,56	−1,25
Operating Profit Margin	78,03 %	44,82 %	45,72 %	−142,86 %
Current Ratio	0,08	0,44	2,91	-
Quick Ratio	0,08	0,44	2,91	-
Equity Ratio	0,1	0,51	0,49	−3,96
Gross Profit Margin	102,4 %	57,3 %	100 %	100 %