NORDIC FRONT AS

3210 SANDEFJORD

Finances

Return on Equity

−4,76 %

Current Ratio

7,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	49 000	0
Net Income	−1 756 000	318 000	−63 000	−1 581 000
Total Assets	42 367 000	45 070 000	44 926 000	44 991 000
Total Equity	36 919 000	41 195 000	44 777 000	44 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	49 000	0
Expenditure	59 000	103 000	180 000	192 000
Operating Profit	−59 000	−103 000	−131 000	−192 000
Financial Income	1 137 000	563 000	1 077 000	1 319 000
Financial Costs	2 834 000	142 000	1 009 000	2 708 000
Financial Balance	−1 697 000	421 000	68 000	−1 389 000
Earnings Before Tax	−1 756 000	318 000	−63 000	−1 581 000
Tax	0	0	0	0
Net Income	−1 756 000	318 000	−63 000	−1 581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 407 000	1 407 000	407 000	3 450 000
Total Current Assets	40 960 000	43 663 000	44 519 000	41 541 000
Total Assets	42 367 000	45 070 000	44 926 000	44 991 000
Total Retained Equity	36 718 000	40 993 000	44 575 000	44 638 000
Total Equity	36 919 000	41 195 000	44 777 000	44 839 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 447 000	3 875 000	149 000	151 000
Total Equity and Debt	42 367 000	45 070 000	44 926 000	44 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	49 000	0
Revenue	0	0	49 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	4 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	103 000	180 000	192 000
Operating Profit	−59 000	−103 000	−131 000	−192 000
Financial Income	1 137 000	563 000	1 077 000	1 319 000
Financial Costs	2 834 000	142 000	1 009 000	2 708 000
Financial Balance	−1 697 000	421 000	68 000	−1 389 000
Dividends	0	0	0	0
Net Income	−1 756 000	318 000	−63 000	−1 581 000

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	141 000	141 000	141 000	141 000
Total Tangible Assets	141 000	141 000	141 000	141 000
Total Fiancial Fixed Assets	1 266 000	1 266 000	266 000	3 310 000
Total Fixed Assets	1 407 000	1 407 000	407 000	3 450 000
Stock	0	0	0	0
Total Investments	10 714 000	2 453 000	360 000	975 000
Cash, Bank	30 246 000	41 210 000	43 164 000	40 566 000
Total Current Assets	40 960 000	43 663 000	44 519 000	41 541 000
Total Assets	42 367 000	45 070 000	44 926 000	44 991 000
Total Equity	36 919 000	41 195 000	44 777 000	44 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−4 000	6 000	3 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	5 446 000	878 000	142 000	147 000
Total Current Debt	5 447 000	3 875 000	149 000	151 000
Total Equity and Debt	42 367 000	45 070 000	44 926 000	44 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,76 %	0,77 %	−0,14 %	−3,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−267,35 %	-
Current Ratio	7,52	11,27	298,79	275,11
Quick Ratio	7,52	11,27	298,79	275,11
Equity Ratio	0,87	0,91	1	1
Gross Profit Margin	-	-	100 %	-