FRONTLINE MANAGEMENT AS

0250 OSLO

Finances

Share Ownership

Return on Equity

11,53 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 435 000	141 080 000	138 183 000	110 342 000
Net Income	8 465 000	7 150 000	6 493 000	4 901 000
Total Assets	161 237 000	88 346 000	81 853 000	74 860 000
Total Equity	73 406 000	64 941 000	57 791 000	51 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 435 000	141 080 000	138 183 000	110 342 000
Expenditure	167 715 000	131 935 000	129 911 000	104 073 000
Operating Profit	10 720 000	9 145 000	8 272 000	6 269 000
Financial Income	113 000	26 000	62 000	96 000
Financial Costs	4 000	7 000	8 000	3 000
Financial Balance	109 000	19 000	54 000	93 000
Earnings Before Tax	10 829 000	9 165 000	8 326 000	6 361 000
Tax	2 364 000	2 015 000	1 832 000	1 461 000
Net Income	8 465 000	7 150 000	6 493 000	4 901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 466 000	4 432 000	5 309 000	7 367 000
Total Current Assets	157 771 000	83 914 000	76 544 000	67 493 000
Total Assets	161 237 000	88 346 000	81 853 000	74 860 000
Total Retained Equity	70 906 000	62 441 000	55 291 000	48 798 000
Total Equity	73 406 000	64 941 000	57 791 000	51 298 000
Total Long-Term Debt	12 033 000	6 127 000	5 610 000	6 898 000
Total Current Debt	75 799 000	17 278 000	18 452 000	16 664 000
Total Equity and Debt	161 237 000	88 346 000	81 853 000	74 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 435 000	141 080 000	138 183 000	110 342 000
Other Income	0	0	0	0
Revenue	178 435 000	141 080 000	138 183 000	110 342 000
Cost of Goods Sold	0	0	0	0
Salary Costs	139 863 000	103 627 000	104 117 000	74 344 000
Depreciation	822 000	950 000	2 242 000	2 101 000
Impairment	0	0	0	0
Expenditure	167 715 000	131 935 000	129 911 000	104 073 000
Operating Profit	10 720 000	9 145 000	8 272 000	6 269 000
Financial Income	113 000	26 000	62 000	96 000
Financial Costs	4 000	7 000	8 000	3 000
Financial Balance	109 000	19 000	54 000	93 000
Dividends	0	0	0	0
Net Income	8 465 000	7 150 000	6 493 000	4 901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	777 000	893 000	1 222 000	1 532 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 689 000	3 539 000	4 088 000	5 835 000
Total Tangible Assets	2 689 000	3 539 000	4 088 000	5 835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 466 000	4 432 000	5 309 000	7 367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 946 000	12 017 000	11 160 000	22 382 000
Total Current Assets	157 771 000	83 914 000	76 544 000	67 493 000
Total Assets	161 237 000	88 346 000	81 853 000	74 860 000
Total Equity	73 406 000	64 941 000	57 791 000	51 298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 033 000	6 127 000	5 610 000	6 898 000
Creditors	137 000	5 292 000	2 384 000	1 059 000
Unpaid Taxes	5 875 000	1 117 000	7 010 000	8 466 000
Dividends	0	0	0	0
Other Current Debt	67 538 000	9 182 000	7 537 000	5 880 000
Total Current Debt	75 799 000	17 278 000	18 452 000	16 664 000
Total Equity and Debt	161 237 000	88 346 000	81 853 000	74 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,53 %	11,01 %	11,24 %	9,55 %
Debt-to-Equity Ratio	0,16	0,09	0,1	0,13
Operating Profit Margin	6,01 %	6,48 %	5,99 %	5,68 %
Current Ratio	2,08	4,86	4,15	4,05
Quick Ratio	2,08	4,86	4,15	4,05
Equity Ratio	0,46	0,74	0,71	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %