FRONT CORNER AS

3210 SANDEFJORD

Finances

Return on Equity

15,2 %

Current Ratio

4,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 718 000	9 135 000	8 294 000	8 758 000
Net Income	646 000	592 000	720 000	687 000
Total Assets	5 469 000	4 948 000	4 042 000	3 859 000
Total Equity	4 251 000	3 605 000	3 013 000	2 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 718 000	9 135 000	8 294 000	8 758 000
Expenditure	7 842 000	8 366 000	7 337 000	7 824 000
Operating Profit	876 000	769 000	957 000	933 000
Financial Income	6 000	6 000	6 000	1 000
Financial Costs	22 000	14 000	43 000	46 000
Financial Balance	−16 000	−8 000	−37 000	−45 000
Earnings Before Tax	860 000	761 000	921 000	888 000
Tax	214 000	168 000	200 000	201 000
Net Income	646 000	592 000	720 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	52 000	67 000	35 000
Total Current Assets	5 330 000	4 896 000	3 975 000	3 824 000
Total Assets	5 469 000	4 948 000	4 042 000	3 859 000
Total Retained Equity	4 151 000	3 505 000	2 913 000	2 193 000
Total Equity	4 251 000	3 605 000	3 013 000	2 293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 217 000	1 343 000	1 029 000	1 566 000
Total Equity and Debt	5 469 000	4 948 000	4 042 000	3 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 718 000	8 972 000	8 136 000	8 758 000
Other Income	0	162 000	159 000	0
Revenue	8 718 000	9 135 000	8 294 000	8 758 000
Cost of Goods Sold	4 933 000	5 529 000	4 814 000	4 535 000
Salary Costs	1 638 000	1 566 000	1 361 000	1 715 000
Depreciation	0	16 000	18 000	48 000
Impairment	0	0	0	0
Expenditure	7 842 000	8 366 000	7 337 000	7 824 000
Operating Profit	876 000	769 000	957 000	933 000
Financial Income	6 000	6 000	6 000	1 000
Financial Costs	22 000	14 000	43 000	46 000
Financial Balance	−16 000	−8 000	−37 000	−45 000
Dividends	0	0	0	0
Net Income	646 000	592 000	720 000	687 000

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	16 000	0	16 000	34 000
Total Tangible Assets	16 000	0	16 000	34 000
Total Fiancial Fixed Assets	122 000	52 000	51 000	1 000
Total Fixed Assets	139 000	52 000	67 000	35 000
Stock	4 597 000	3 656 000	3 589 000	3 652 000
Total Investments	0	0	0	0
Cash, Bank	684 000	1 180 000	338 000	63 000
Total Current Assets	5 330 000	4 896 000	3 975 000	3 824 000
Total Assets	5 469 000	4 948 000	4 042 000	3 859 000
Total Equity	4 251 000	3 605 000	3 013 000	2 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	429 000	548 000	255 000	244 000
Unpaid Taxes	303 000	372 000	332 000	412 000
Dividends	0	0	0	0
Other Current Debt	249 000	254 000	242 000	327 000
Total Current Debt	1 217 000	1 343 000	1 029 000	1 566 000
Total Equity and Debt	5 469 000	4 948 000	4 042 000	3 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,2 %	16,42 %	23,9 %	29,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,05 %	8,42 %	11,54 %	10,65 %
Current Ratio	4,38	3,65	3,86	2,44
Quick Ratio	−1,58	−2,12	−1,55	−1,83
Equity Ratio	0,78	0,73	0,75	0,59
Gross Profit Margin	43,42 %	39,47 %	41,96 %	48,22 %