FRONT SEA AS

3230 SANDEFJORD

Finances

Return on Equity

73,33 %

Current Ratio

0,01

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 045 000	285 000	86 000	−31 000
Total Assets	5 604 000	5 621 000	3 720 000	6 438 000
Total Equity	1 425 000	380 000	95 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	17 000	14 000	19 000	31 000
Operating Profit	−17 000	−14 000	−19 000	−31 000
Financial Income	1 100 000	320 000	120 000	0
Financial Costs	38 000	21 000	15 000	0
Financial Balance	1 062 000	299 000	105 000	0
Earnings Before Tax	1 045 000	285 000	86 000	−31 000
Tax	0	0	0	0
Net Income	1 045 000	285 000	86 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 558 000	5 558 000	3 482 000	4 600 000
Total Current Assets	46 000	63 000	239 000	1 838 000
Total Assets	5 604 000	5 621 000	3 720 000	6 438 000
Total Retained Equity	1 395 000	350 000	65 000	−31 000
Total Equity	1 425 000	380 000	95 000	18 000
Total Long-Term Debt	375 000	1 125 000	0	0
Total Current Debt	3 804 000	4 116 000	3 625 000	6 420 000
Total Equity and Debt	5 604 000	5 621 000	3 720 000	6 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	14 000	19 000	31 000
Operating Profit	−17 000	−14 000	−19 000	−31 000
Financial Income	1 100 000	320 000	120 000	0
Financial Costs	38 000	21 000	15 000	0
Financial Balance	1 062 000	299 000	105 000	0
Dividends	0	0	0	0
Net Income	1 045 000	285 000	86 000	−31 000

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	5 558 000	5 558 000	3 482 000	4 600 000
Total Fixed Assets	5 558 000	5 558 000	3 482 000	4 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	9 000	239 000	1 838 000
Total Current Assets	46 000	63 000	239 000	1 838 000
Total Assets	5 604 000	5 621 000	3 720 000	6 438 000
Total Equity	1 425 000	380 000	95 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	1 125 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 804 000	4 116 000	3 625 000	6 420 000
Total Current Debt	3 804 000	4 116 000	3 625 000	6 420 000
Total Equity and Debt	5 604 000	5 621 000	3 720 000	6 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,33 %	75 %	90,53 %	−172,22 %
Debt-to-Equity Ratio	0,26	2,96	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,02	0,07	0,29
Quick Ratio	0,01	0,02	0,07	0,29
Equity Ratio	0,25	0,07	0,03	0
Gross Profit Margin	-	-	-	-