FRONTKOM AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

14,2 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 807 000	51 242 000	26 931 000	23 646 000
Net Income	1 257 000	3 158 000	623 000	3 291 000
Total Assets	20 836 000	19 972 000	12 190 000	12 345 000
Total Equity	8 855 000	7 598 000	4 440 000	3 817 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 807 000	51 242 000	26 931 000	23 646 000
Expenditure	56 763 000	46 930 000	26 115 000	21 951 000
Operating Profit	3 044 000	4 311 000	816 000	1 695 000
Financial Income	406 000	393 000	202 000	1 676 000
Financial Costs	1 530 000	652 000	217 000	80 000
Financial Balance	−1 124 000	−259 000	−15 000	1 596 000
Earnings Before Tax	1 921 000	4 052 000	801 000	3 291 000
Tax	663 000	894 000	178 000	0
Net Income	1 257 000	3 158 000	623 000	3 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	314 000	4 049 000	3 136 000	3 186 000
Total Current Assets	20 522 000	15 923 000	9 054 000	9 159 000
Total Assets	20 836 000	19 972 000	12 190 000	12 345 000
Total Retained Equity	8 825 000	7 568 000	4 410 000	3 787 000
Total Equity	8 855 000	7 598 000	4 440 000	3 817 000
Total Long-Term Debt	1 014 000	1 201 000	1 312 000	1 383 000
Total Current Debt	10 967 000	11 174 000	6 438 000	7 144 000
Total Equity and Debt	20 836 000	19 972 000	12 190 000	12 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 785 000	51 237 000	26 918 000	23 497 000
Other Income	22 000	5 000	13 000	150 000
Revenue	59 807 000	51 242 000	26 931 000	23 646 000
Cost of Goods Sold	31 266 000	27 255 000	11 342 000	9 311 000
Salary Costs	20 035 000	16 030 000	12 338 000	10 010 000
Depreciation	145 000	94 000	77 000	41 000
Impairment	0	0	0	0
Expenditure	56 763 000	46 930 000	26 115 000	21 951 000
Operating Profit	3 044 000	4 311 000	816 000	1 695 000
Financial Income	406 000	393 000	202 000	1 676 000
Financial Costs	1 530 000	652 000	217 000	80 000
Financial Balance	−1 124 000	−259 000	−15 000	1 596 000
Dividends	0	0	0	0
Net Income	1 257 000	3 158 000	623 000	3 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	93 000	0	0	0
Total Intangible Assets	93 000	0	0	114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	230 000	153 000	88 000
Total Tangible Assets	221 000	230 000	153 000	88 000
Total Fiancial Fixed Assets	0	3 819 000	2 983 000	2 983 000
Total Fixed Assets	314 000	4 049 000	3 136 000	3 186 000
Stock	0	0	0	0
Total Investments	2 762 000	0	0	0
Cash, Bank	9 538 000	5 494 000	3 327 000	3 693 000
Total Current Assets	20 522 000	15 923 000	9 054 000	9 159 000
Total Assets	20 836 000	19 972 000	12 190 000	12 345 000
Total Equity	8 855 000	7 598 000	4 440 000	3 817 000
Short-Term Group Debt	1 550 000	1 870 000	2 862 000	3 362 000
Total Long-Term Debt	1 014 000	1 201 000	1 312 000	1 383 000
Creditors	3 483 000	4 283 000	445 000	550 000
Unpaid Taxes	3 134 000	2 708 000	1 715 000	1 821 000
Dividends	0	0	0	0
Other Current Debt	2 088 000	1 667 000	1 373 000	1 314 000
Total Current Debt	10 967 000	11 174 000	6 438 000	7 144 000
Total Equity and Debt	20 836 000	19 972 000	12 190 000	12 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,2 %	41,56 %	14,03 %	86,22 %
Debt-to-Equity Ratio	0,11	0,16	0,3	0,36
Operating Profit Margin	5,09 %	8,41 %	3,03 %	7,17 %
Current Ratio	1,87	1,43	1,41	1,28
Quick Ratio	1,87	1,43	1,41	1,28
Equity Ratio	0,42	0,38	0,36	0,31
Gross Profit Margin	47,72 %	46,81 %	57,88 %	60,62 %