FOREFRONT HOLDINGS AS

1369 STABEKK

Finances

Return on Equity

55,75 %

Current Ratio

2,67

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 435 000	2 474 000	2 270 000	2 393 000
Net Income	14 564 000	1 705 000	447 000	681 000
Total Assets	30 626 000	17 233 000	14 305 000	14 766 000
Total Equity	26 122 000	15 559 000	13 853 000	14 226 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 435 000	2 474 000	2 270 000	2 393 000
Expenditure	1 909 000	1 879 000	1 836 000	1 826 000
Operating Profit	525 000	595 000	434 000	568 000
Financial Income	14 193 000	1 283 000	147 000	379 000
Financial Costs	23 000	21 000	3 000	51 000
Financial Balance	14 170 000	1 262 000	144 000	328 000
Earnings Before Tax	14 695 000	1 857 000	578 000	896 000
Tax	131 000	152 000	130 000	215 000
Net Income	14 564 000	1 705 000	447 000	681 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	18 601 000	16 640 000	13 711 000	14 142 000
Total Current Assets	12 025 000	592 000	594 000	623 000
Total Assets	30 626 000	17 233 000	14 305 000	14 766 000
Total Retained Equity	26 022 000	15 458 000	13 753 000	14 125 000
Total Equity	26 122 000	15 559 000	13 853 000	14 226 000
Total Long-Term Debt	0	1 100 000	0	0
Total Current Debt	4 503 000	574 000	451 000	540 000
Total Equity and Debt	30 626 000	17 233 000	14 305 000	14 766 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 435 000	2 409 000	2 131 000	2 255 000
Other Income	0	65 000	139 000	137 000
Revenue	2 435 000	2 474 000	2 270 000	2 393 000
Cost of Goods Sold	0	0	0	0
Salary Costs	761 000	673 000	680 000	685 000
Depreciation	637 000	384 000	343 000	330 000
Impairment	0	0	0	0
Expenditure	1 909 000	1 879 000	1 836 000	1 826 000
Operating Profit	525 000	595 000	434 000	568 000
Financial Income	14 193 000	1 283 000	147 000	379 000
Financial Costs	23 000	21 000	3 000	51 000
Financial Balance	14 170 000	1 262 000	144 000	328 000
Dividends	0	0	0	0
Net Income	14 564 000	1 705 000	447 000	681 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	453 000	325 000	202 000	70 000
Real Eastate	9 854 000	10 084 000	4 681 000	4 898 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	653 000	776 000	205 000	221 000
Total Tangible Assets	10 508 000	10 861 000	4 886 000	5 119 000
Total Fiancial Fixed Assets	7 640 000	5 455 000	8 623 000	8 954 000
Total Fixed Assets	18 601 000	16 640 000	13 711 000	14 142 000
Stock	0	0	0	0
Total Investments	2 978 000	0	0	0
Cash, Bank	8 835 000	395 000	390 000	459 000
Total Current Assets	12 025 000	592 000	594 000	623 000
Total Assets	30 626 000	17 233 000	14 305 000	14 766 000
Total Equity	26 122 000	15 559 000	13 853 000	14 226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 100 000	0	0
Creditors	23 000	64 000	9 000	11 000
Unpaid Taxes	145 000	138 000	112 000	133 000
Dividends	0	0	0	0
Other Current Debt	77 000	97 000	68 000	99 000
Total Current Debt	4 503 000	574 000	451 000	540 000
Total Equity and Debt	30 626 000	17 233 000	14 305 000	14 766 000

Financial indicators	2021	2020	2019	2018
Return on Equity	55,75 %	10,96 %	3,23 %	4,79 %
Debt-to-Equity Ratio	0	0,07	0	0
Operating Profit Margin	21,56 %	24,05 %	19,12 %	23,74 %
Current Ratio	2,67	1,03	1,32	1,15
Quick Ratio	2,67	1,03	1,32	1,15
Equity Ratio	0,85	0,9	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %