FRONTAL ALUMINIUM AS

3947 LANGANGEN

Finances

Share Ownership

Return on Equity

−30,58 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 188 000	15 753 000	20 259 000	18 264 000
Net Income	−562 000	−96 000	2 216 000	810 000
Total Assets	7 713 000	8 962 000	13 208 000	12 186 000
Total Equity	1 838 000	2 400 000	5 894 000	5 678 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 188 000	15 753 000	20 259 000	18 264 000
Expenditure	23 926 000	15 849 000	17 419 000	17 229 000
Operating Profit	−737 000	−96 000	2 841 000	1 036 000
Financial Income	2 000	0	3 000	9 000
Financial Costs	62 000	0	0	1 000
Financial Balance	−60 000	0	3 000	8 000
Earnings Before Tax	−797 000	−96 000	2 843 000	1 043 000
Tax	−235 000	0	628 000	234 000
Net Income	−562 000	−96 000	2 216 000	810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	804 000	0	0	0
Total Current Assets	6 908 000	8 962 000	13 208 000	12 186 000
Total Assets	7 713 000	8 962 000	13 208 000	12 186 000
Total Retained Equity	1 738 000	2 300 000	5 794 000	5 578 000
Total Equity	1 838 000	2 400 000	5 894 000	5 678 000
Total Long-Term Debt	230 000	0	0	0
Total Current Debt	5 645 000	6 562 000	7 315 000	6 508 000
Total Equity and Debt	7 713 000	8 962 000	13 208 000	12 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 168 000	15 753 000	20 259 000	18 264 000
Other Income	20 000	0	0	0
Revenue	23 188 000	15 753 000	20 259 000	18 264 000
Cost of Goods Sold	16 176 000	9 500 000	11 380 000	11 275 000
Salary Costs	5 426 000	4 594 000	4 572 000	4 378 000
Depreciation	71 000	0	0	73 000
Impairment	0	0	0	0
Expenditure	23 926 000	15 849 000	17 419 000	17 229 000
Operating Profit	−737 000	−96 000	2 841 000	1 036 000
Financial Income	2 000	0	3 000	9 000
Financial Costs	62 000	0	0	1 000
Financial Balance	−60 000	0	3 000	8 000
Dividends	0	3 397 000	2 000 000	1 000 000
Net Income	−562 000	−96 000	2 216 000	810 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	235 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	569 000	0	0	0
Total Tangible Assets	569 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	804 000	0	0	0
Stock	3 360 000	3 299 000	4 997 000	5 332 000
Total Investments	0	0	0	0
Cash, Bank	102 000	3 253 000	6 463 000	4 316 000
Total Current Assets	6 908 000	8 962 000	13 208 000	12 186 000
Total Assets	7 713 000	8 962 000	13 208 000	12 186 000
Total Equity	1 838 000	2 400 000	5 894 000	5 678 000
Short-Term Group Debt	0	3 397 000	2 000 000	1 000 000
Total Long-Term Debt	230 000	0	0	0
Creditors	2 545 000	1 549 000	838 000	1 167 000
Unpaid Taxes	644 000	914 000	636 000	877 000
Dividends	0	3 397 000	2 000 000	1 000 000
Other Current Debt	918 000	702 000	3 213 000	3 230 000
Total Current Debt	5 645 000	6 562 000	7 315 000	6 508 000
Total Equity and Debt	7 713 000	8 962 000	13 208 000	12 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,58 %	−4 %	37,6 %	14,27 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	−3,18 %	−0,61 %	14,02 %	5,67 %
Current Ratio	1,22	1,37	1,81	1,87
Quick Ratio	3,02	2,75	5,7	10,36
Equity Ratio	0,24	0,27	0,45	0,47
Gross Profit Margin	30,24 %	39,69 %	43,83 %	38,27 %