FRONTWOOD AS

4070 RANDABERG

Finances

Share Ownership

Return on Equity

39,22 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 507 000	545 000	233 000	65 000
Net Income	91 000	74 000	14 000	29 000
Total Assets	548 000	429 000	114 000	100 000
Total Equity	232 000	141 000	67 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 507 000	545 000	233 000	65 000
Expenditure	1 390 000	451 000	215 000	30 000
Operating Profit	117 000	95 000	18 000	35 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	116 000	95 000	18 000	35 000
Tax	26 000	21 000	4 000	7 000
Net Income	91 000	74 000	14 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	230 000	0	0
Total Current Assets	479 000	199 000	114 000	100 000
Total Assets	548 000	429 000	114 000	100 000
Total Retained Equity	202 000	111 000	37 000	23 000
Total Equity	232 000	141 000	67 000	53 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	313 000	288 000	47 000	46 000
Total Equity and Debt	548 000	429 000	114 000	100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 477 000	545 000	233 000	65 000
Other Income	30 000	0	0	0
Revenue	1 507 000	545 000	233 000	65 000
Cost of Goods Sold	151 000	59 000	8 000	2 000
Salary Costs	763 000	149 000	57 000	0
Depreciation	27 000	58 000	0	0
Impairment	0	0	0	0
Expenditure	1 390 000	451 000	215 000	30 000
Operating Profit	117 000	95 000	18 000	35 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	91 000	74 000	14 000	29 000

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	69 000	230 000	0	0
Total Tangible Assets	69 000	230 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	230 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	43 000	77 000	18 000
Total Current Assets	479 000	199 000	114 000	100 000
Total Assets	548 000	429 000	114 000	100 000
Total Equity	232 000	141 000	67 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	38 000	9 000	26 000	8 000
Unpaid Taxes	123 000	55 000	3 000	9 000
Dividends	0	0	0	0
Other Current Debt	129 000	203 000	14 000	23 000
Total Current Debt	313 000	288 000	47 000	46 000
Total Equity and Debt	548 000	429 000	114 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,22 %	52,48 %	20,9 %	54,72 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	7,76 %	17,43 %	7,73 %	53,85 %
Current Ratio	1,53	0,69	2,43	2,17
Quick Ratio	1,53	0,69	2,43	2,17
Equity Ratio	0,42	0,33	0,59	0,53
Gross Profit Margin	89,98 %	89,17 %	96,57 %	96,92 %