FRONT1 AS

7236 HOVIN I GAULDAL

Finances

Return on Equity

1,09 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	575 000	891 000	594 000	468 000
Net Income	61 000	1 567 000	263 000	285 000
Total Assets	5 887 000	5 671 000	4 298 000	4 049 000
Total Equity	5 606 000	5 546 000	3 979 000	3 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	575 000	891 000	594 000	468 000
Expenditure	135 000	540 000	394 000	140 000
Operating Profit	439 000	352 000	200 000	328 000
Financial Income	114 000	1 360 000	111 000	34 000
Financial Costs	385 000	63 000	4 000	5 000
Financial Balance	−271 000	1 297 000	107 000	29 000
Earnings Before Tax	168 000	1 649 000	306 000	357 000
Tax	107 000	82 000	43 000	71 000
Net Income	61 000	1 567 000	263 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 630 000	5 639 000	4 089 000	1 009 000
Total Current Assets	258 000	33 000	209 000	3 039 000
Total Assets	5 887 000	5 671 000	4 298 000	4 049 000
Total Retained Equity	5 576 000	5 516 000	3 949 000	3 686 000
Total Equity	5 606 000	5 546 000	3 979 000	3 716 000
Total Long-Term Debt	22 000	22 000	268 000	132 000
Total Current Debt	259 000	104 000	51 000	200 000
Total Equity and Debt	5 887 000	5 671 000	4 298 000	4 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	422 000	802 000	594 000	468 000
Other Income	153 000	89 000	0	0
Revenue	575 000	891 000	594 000	468 000
Cost of Goods Sold	48 000	344 000	244 000	0
Salary Costs	0	2 000	0	−2 000
Depreciation	14 000	20 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	135 000	540 000	394 000	140 000
Operating Profit	439 000	352 000	200 000	328 000
Financial Income	114 000	1 360 000	111 000	34 000
Financial Costs	385 000	63 000	4 000	5 000
Financial Balance	−271 000	1 297 000	107 000	29 000
Dividends	0	0	0	0
Net Income	61 000	1 567 000	263 000	285 000

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	116 000	87 000	27 000	42 000
Fixtures	0	0	173 000	0
Total Tangible Assets	116 000	87 000	200 000	42 000
Total Fiancial Fixed Assets	5 514 000	5 551 000	3 889 000	968 000
Total Fixed Assets	5 630 000	5 639 000	4 089 000	1 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	33 000	78 000	14 000
Total Current Assets	258 000	33 000	209 000	3 039 000
Total Assets	5 887 000	5 671 000	4 298 000	4 049 000
Total Equity	5 606 000	5 546 000	3 979 000	3 716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	22 000	268 000	132 000
Creditors	68 000	0	0	0
Unpaid Taxes	84 000	35 000	15 000	106 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	19 000
Total Current Debt	259 000	104 000	51 000	200 000
Total Equity and Debt	5 887 000	5 671 000	4 298 000	4 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,09 %	28,25 %	6,61 %	7,67 %
Debt-to-Equity Ratio	0	0	0,07	0,04
Operating Profit Margin	76,35 %	39,51 %	33,67 %	70,09 %
Current Ratio	1	0,32	4,1	15,2
Quick Ratio	1	0,32	4,1	15,2
Equity Ratio	0,95	0,98	0,93	0,92
Gross Profit Margin	91,65 %	61,39 %	58,92 %	100 %