FRWRD AS

0555 OSLO

Finances

Share Ownership

Return on Equity

74,09 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 685 000	6 497 000	7 263 000	6 852 000
Net Income	795 000	870 000	−327 000	256 000
Total Assets	4 254 000	3 017 000	2 583 000	1 757 000
Total Equity	1 073 000	894 000	24 000	351 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 685 000	6 497 000	7 263 000	6 852 000
Expenditure	5 634 000	5 811 000	7 600 000	6 520 000
Operating Profit	1 051 000	685 000	−337 000	332 000
Financial Income	14 000	363 000	7 000	9 000
Financial Costs	33 000	20 000	50 000	10 000
Financial Balance	−19 000	343 000	−43 000	−1 000
Earnings Before Tax	1 032 000	1 029 000	−379 000	330 000
Tax	237 000	159 000	−52 000	74 000
Net Income	795 000	870 000	−327 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	659 000	519 000	509 000	282 000
Total Current Assets	3 595 000	2 497 000	2 074 000	1 476 000
Total Assets	4 254 000	3 017 000	2 583 000	1 757 000
Total Retained Equity	1 575 000	870 000	0	327 000
Total Equity	1 073 000	894 000	24 000	351 000
Total Long-Term Debt	69 000	7 000	13 000	8 000
Total Current Debt	3 112 000	2 116 000	2 546 000	1 398 000
Total Equity and Debt	4 254 000	3 017 000	2 583 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 639 000	6 025 000	7 151 000	6 852 000
Other Income	46 000	472 000	112 000	0
Revenue	6 685 000	6 497 000	7 263 000	6 852 000
Cost of Goods Sold	2 542 000	1 447 000	3 973 000	3 016 000
Salary Costs	1 448 000	2 916 000	1 439 000	1 736 000
Depreciation	87 000	73 000	47 000	8 000
Impairment	0	0	0	0
Expenditure	5 634 000	5 811 000	7 600 000	6 520 000
Operating Profit	1 051 000	685 000	−337 000	332 000
Financial Income	14 000	363 000	7 000	9 000
Financial Costs	33 000	20 000	50 000	10 000
Financial Balance	−19 000	343 000	−43 000	−1 000
Dividends	0	0	0	0
Net Income	795 000	870 000	−327 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	26 000	36 000	46 000
Total Intangible Assets	16 000	26 000	36 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	238 000	234 000	244 000	161 000
Total Tangible Assets	238 000	234 000	244 000	161 000
Total Fiancial Fixed Assets	405 000	260 000	230 000	75 000
Total Fixed Assets	659 000	519 000	509 000	282 000
Stock	116 000	132 000	244 000	197 000
Total Investments	0	0	0	0
Cash, Bank	1 289 000	1 211 000	735 000	505 000
Total Current Assets	3 595 000	2 497 000	2 074 000	1 476 000
Total Assets	4 254 000	3 017 000	2 583 000	1 757 000
Total Equity	1 073 000	894 000	24 000	351 000
Short-Term Group Debt	891 000	101 000	157 000	81 000
Total Long-Term Debt	69 000	7 000	13 000	8 000
Creditors	1 374 000	342 000	2 189 000	951 000
Unpaid Taxes	374 000	330 000	−75 000	123 000
Dividends	0	0	0	0
Other Current Debt	473 000	1 178 000	276 000	177 000
Total Current Debt	3 112 000	2 116 000	2 546 000	1 398 000
Total Equity and Debt	4 254 000	3 017 000	2 583 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,09 %	97,32 %	−1 362,5 %	72,93 %
Debt-to-Equity Ratio	0,06	0,01	0,54	0,02
Operating Profit Margin	15,72 %	10,54 %	−4,64 %	4,85 %
Current Ratio	1,16	1,18	0,81	1,06
Quick Ratio	1,2	1,26	0,9	1,23
Equity Ratio	0,25	0,3	0,01	0,2
Gross Profit Margin	61,97 %	77,73 %	45,3 %	55,98 %