FRONTLINE FOLLO AS

1430 ÅS

Finances

Share Ownership

Return on Equity

87,13 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 815 000	21 353 000	18 134 000	11 129 000
Net Income	3 244 000	4 269 000	3 446 000	1 893 000
Total Assets	6 930 000	8 427 000	6 908 000	4 416 000
Total Equity	3 723 000	4 579 000	3 810 000	2 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 815 000	21 353 000	18 134 000	11 129 000
Expenditure	16 702 000	15 842 000	13 666 000	8 614 000
Operating Profit	4 114 000	5 511 000	4 468 000	2 515 000
Financial Income	0	0	−4 000	1 000
Financial Costs	40 000	−5 000	15 000	68 000
Financial Balance	−40 000	5 000	−19 000	−67 000
Earnings Before Tax	4 074 000	5 515 000	4 449 000	2 447 000
Tax	830 000	1 246 000	1 003 000	554 000
Net Income	3 244 000	4 269 000	3 446 000	1 893 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	247 000	240 000	265 000
Total Current Assets	6 801 000	8 181 000	6 668 000	4 151 000
Total Assets	6 930 000	8 427 000	6 908 000	4 416 000
Total Retained Equity	3 423 000	4 279 000	3 510 000	1 863 000
Total Equity	3 723 000	4 579 000	3 810 000	2 163 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 207 000	3 848 000	3 098 000	2 252 000
Total Equity and Debt	6 930 000	8 427 000	6 908 000	4 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 402 000	20 973 000	17 886 000	10 999 000
Other Income	413 000	380 000	248 000	131 000
Revenue	20 815 000	21 353 000	18 134 000	11 129 000
Cost of Goods Sold	4 149 000	4 039 000	3 480 000	1 895 000
Salary Costs	8 469 000	7 583 000	6 559 000	4 133 000
Depreciation	80 000	88 000	78 000	71 000
Impairment	0	0	0	0
Expenditure	16 702 000	15 842 000	13 666 000	8 614 000
Operating Profit	4 114 000	5 511 000	4 468 000	2 515 000
Financial Income	0	0	−4 000	1 000
Financial Costs	40 000	−5 000	15 000	68 000
Financial Balance	−40 000	5 000	−19 000	−67 000
Dividends	0	0	0	0
Net Income	3 244 000	4 269 000	3 446 000	1 893 000

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	129 000	247 000	240 000	265 000
Total Tangible Assets	129 000	247 000	240 000	265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	129 000	247 000	240 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 695 000	4 223 000	2 964 000	2 396 000
Total Current Assets	6 801 000	8 181 000	6 668 000	4 151 000
Total Assets	6 930 000	8 427 000	6 908 000	4 416 000
Total Equity	3 723 000	4 579 000	3 810 000	2 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	782 000	334 000	215 000	645 000
Unpaid Taxes	815 000	890 000	780 000	495 000
Dividends	0	0	0	0
Other Current Debt	780 000	1 378 000	1 100 000	558 000
Total Current Debt	3 207 000	3 848 000	3 098 000	2 252 000
Total Equity and Debt	6 930 000	8 427 000	6 908 000	4 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,13 %	93,23 %	90,45 %	87,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,76 %	25,81 %	24,64 %	22,6 %
Current Ratio	2,12	2,13	2,15	1,84
Quick Ratio	2,12	2,13	2,15	1,84
Equity Ratio	0,54	0,54	0,55	0,49
Gross Profit Margin	80,07 %	81,08 %	80,81 %	82,97 %