FRONT ENTREPRENØR AS

0667 OSLO

Finances

Return on Equity

4,45 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 549 000	102 658 000	116 919 000	92 974 000
Net Income	297 000	7 911 000	4 103 000	4 853 000
Total Assets	27 301 000	33 797 000	47 937 000	31 460 000
Total Equity	6 680 000	7 383 000	3 472 000	7 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 549 000	102 658 000	116 919 000	92 974 000
Expenditure	68 161 000	92 487 000	111 657 000	87 240 000
Operating Profit	387 000	10 171 000	5 262 000	5 734 000
Financial Income	0	3 000	25 000	2 000
Financial Costs	4 000	7 000	26 000	19 000
Financial Balance	−4 000	−4 000	−1 000	−17 000
Earnings Before Tax	383 000	10 166 000	5 262 000	5 717 000
Tax	86 000	2 255 000	1 158 000	864 000
Net Income	297 000	7 911 000	4 103 000	4 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 306 000	2 138 000	1 721 000	1 872 000
Total Current Assets	24 995 000	31 659 000	46 216 000	29 589 000
Total Assets	27 301 000	33 797 000	47 937 000	31 460 000
Total Retained Equity	6 580 000	7 283 000	3 372 000	7 688 000
Total Equity	6 680 000	7 383 000	3 472 000	7 788 000
Total Long-Term Debt	561 000	4 385 000	3 335 000	2 587 000
Total Current Debt	20 061 000	22 029 000	41 130 000	21 086 000
Total Equity and Debt	27 301 000	33 797 000	47 937 000	31 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 138 000	102 603 000	116 805 000	92 802 000
Other Income	411 000	55 000	114 000	173 000
Revenue	68 549 000	102 658 000	116 919 000	92 974 000
Cost of Goods Sold	33 714 000	60 035 000	77 195 000	51 717 000
Salary Costs	24 342 000	23 867 000	26 478 000	27 130 000
Depreciation	552 000	356 000	350 000	406 000
Impairment	0	0	0	0
Expenditure	68 161 000	92 487 000	111 657 000	87 240 000
Operating Profit	387 000	10 171 000	5 262 000	5 734 000
Financial Income	0	3 000	25 000	2 000
Financial Costs	4 000	7 000	26 000	19 000
Financial Balance	−4 000	−4 000	−1 000	−17 000
Dividends	1 000 000	4 000 000	4 000 000	0
Net Income	297 000	7 911 000	4 103 000	4 853 000

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	1 498 000	1 427 000	851 000	809 000
Total Tangible Assets	1 865 000	2 001 000	1 583 000	1 734 000
Total Fiancial Fixed Assets	441 000	137 000	137 000	137 000
Total Fixed Assets	2 306 000	2 138 000	1 721 000	1 872 000
Stock	200 000	200 000	200 000	200 000
Total Investments	0	0	0	0
Cash, Bank	9 348 000	7 148 000	20 203 000	5 505 000
Total Current Assets	24 995 000	31 659 000	46 216 000	29 589 000
Total Assets	27 301 000	33 797 000	47 937 000	31 460 000
Total Equity	6 680 000	7 383 000	3 472 000	7 788 000
Short-Term Group Debt	890 000	0	0	0
Total Long-Term Debt	561 000	4 385 000	3 335 000	2 587 000
Creditors	6 320 000	5 701 000	7 242 000	8 521 000
Unpaid Taxes	2 217 000	3 274 000	3 371 000	3 425 000
Dividends	1 000 000	4 000 000	4 000 000	0
Other Current Debt	5 809 000	7 876 000	26 249 000	8 775 000
Total Current Debt	20 061 000	22 029 000	41 130 000	21 086 000
Total Equity and Debt	27 301 000	33 797 000	47 937 000	31 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,45 %	107,15 %	118,17 %	62,31 %
Debt-to-Equity Ratio	0,08	0,59	0,96	0,33
Operating Profit Margin	0,56 %	9,91 %	4,5 %	6,17 %
Current Ratio	1,25	1,44	1,12	1,4
Quick Ratio	1,26	1,45	1,13	1,42
Equity Ratio	0,24	0,22	0,07	0,25
Gross Profit Margin	50,82 %	41,52 %	33,98 %	44,37 %