FRONT UTVIKLING AS

9008 TROMSØ

Finances

Return on Equity

2,39 %

Current Ratio

1,14

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 433 000	2 434 000	15 426 000	22 990 000
Net Income	539 000	1 651 000	1 012 000	2 258 000
Total Assets	78 018 000	78 664 000	136 182 000	130 402 000
Total Equity	22 511 000	21 972 000	23 184 000	24 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 433 000	2 434 000	15 426 000	22 990 000
Expenditure	3 492 000	3 567 000	10 288 000	16 499 000
Operating Profit	−1 059 000	−1 134 000	5 138 000	6 491 000
Financial Income	3 997 000	5 244 000	384 000	136 000
Financial Costs	2 230 000	2 043 000	3 764 000	3 771 000
Financial Balance	1 767 000	3 201 000	−3 380 000	−3 635 000
Earnings Before Tax	708 000	2 067 000	1 758 000	2 855 000
Tax	169 000	416 000	746 000	597 000
Net Income	539 000	1 651 000	1 012 000	2 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 524 000	72 939 000	100 161 000	103 339 000
Total Current Assets	3 494 000	5 725 000	36 021 000	27 063 000
Total Assets	78 018 000	78 664 000	136 182 000	130 402 000
Total Retained Equity	21 885 000	21 346 000	22 558 000	23 546 000
Total Equity	22 511 000	21 972 000	23 184 000	24 172 000
Total Long-Term Debt	52 440 000	52 587 000	108 691 000	101 498 000
Total Current Debt	3 068 000	4 105 000	4 307 000	4 732 000
Total Equity and Debt	78 018 000	78 664 000	136 182 000	130 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 393 000	2 434 000	12 548 000	13 421 000
Other Income	40 000	0	2 877 000	9 569 000
Revenue	2 433 000	2 434 000	15 426 000	22 990 000
Cost of Goods Sold	350 000	397 000	0	6 111 000
Salary Costs	2 429 000	2 632 000	3 021 000	3 178 000
Depreciation	13 000	0	3 383 000	3 372 000
Impairment	0	0	0	0
Expenditure	3 492 000	3 567 000	10 288 000	16 499 000
Operating Profit	−1 059 000	−1 134 000	5 138 000	6 491 000
Financial Income	3 997 000	5 244 000	384 000	136 000
Financial Costs	2 230 000	2 043 000	3 764 000	3 771 000
Financial Balance	1 767 000	3 201 000	−3 380 000	−3 635 000
Dividends	0	0	0	0
Net Income	539 000	1 651 000	1 012 000	2 258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 486 000	4 461 000	100 112 000	103 333 000
Machinery and Plant Facilities	0	0	49 000	6 000
Fixtures	65 000	0	0	0
Total Tangible Assets	4 551 000	4 461 000	100 161 000	103 339 000
Total Fiancial Fixed Assets	69 974 000	68 478 000	0	0
Total Fixed Assets	74 524 000	72 939 000	100 161 000	103 339 000
Stock	0	0	31 763 000	16 565 000
Total Investments	0	0	0	0
Cash, Bank	72 000	1 563 000	2 156 000	445 000
Total Current Assets	3 494 000	5 725 000	36 021 000	27 063 000
Total Assets	78 018 000	78 664 000	136 182 000	130 402 000
Total Equity	22 511 000	21 972 000	23 184 000	24 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 440 000	52 587 000	108 691 000	101 498 000
Creditors	159 000	71 000	245 000	486 000
Unpaid Taxes	114 000	265 000	331 000	333 000
Dividends	0	0	0	0
Other Current Debt	2 478 000	3 166 000	2 608 000	2 408 000
Total Current Debt	3 068 000	4 105 000	4 307 000	4 732 000
Total Equity and Debt	78 018 000	78 664 000	136 182 000	130 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,39 %	7,51 %	4,37 %	9,34 %
Debt-to-Equity Ratio	2,33	2,39	4,69	4,2
Operating Profit Margin	−43,53 %	−46,59 %	33,31 %	28,23 %
Current Ratio	1,14	1,39	8,36	5,72
Quick Ratio	1,14	1,39	−1,31	−2,29
Equity Ratio	0,29	0,28	0,17	0,19
Gross Profit Margin	85,61 %	83,69 %	100 %	73,42 %