FRONT SYSTEMS AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

204,1 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 954 000	45 559 000	33 346 000	30 789 000
Net Income	13 848 000	10 395 000	4 194 000	266 000
Total Assets	42 926 000	18 782 000	9 427 000	8 352 000
Total Equity	6 785 000	5 861 000	2 466 000	3 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 954 000	45 559 000	33 346 000	30 789 000
Expenditure	33 252 000	32 353 000	28 668 000	31 100 000
Operating Profit	17 702 000	13 206 000	4 679 000	−312 000
Financial Income	134 000	56 000	92 000	48 000
Financial Costs	165 000	242 000	97 000	49 000
Financial Balance	−31 000	−186 000	−5 000	−1 000
Earnings Before Tax	17 671 000	13 020 000	4 675 000	−313 000
Tax	3 823 000	2 625 000	481 000	−579 000
Net Income	13 848 000	10 395 000	4 194 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 695 000	5 041 000	1 556 000	2 118 000
Total Current Assets	30 231 000	13 742 000	7 870 000	6 234 000
Total Assets	42 926 000	18 782 000	9 427 000	8 352 000
Total Retained Equity	6 685 000	5 761 000	2 366 000	3 309 000
Total Equity	6 785 000	5 861 000	2 466 000	3 408 000
Total Long-Term Debt	161 000	0	0	0
Total Current Debt	35 981 000	12 921 000	6 961 000	4 944 000
Total Equity and Debt	42 926 000	18 782 000	9 427 000	8 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 954 000	43 698 000	33 219 000	30 744 000
Other Income	0	1 861 000	127 000	45 000
Revenue	50 954 000	45 559 000	33 346 000	30 789 000
Cost of Goods Sold	6 504 000	7 445 000	4 910 000	6 262 000
Salary Costs	13 265 000	12 642 000	14 244 000	16 591 000
Depreciation	1 014 000	160 000	182 000	291 000
Impairment	0	0	0	0
Expenditure	33 252 000	32 353 000	28 668 000	31 100 000
Operating Profit	17 702 000	13 206 000	4 679 000	−312 000
Financial Income	134 000	56 000	92 000	48 000
Financial Costs	165 000	242 000	97 000	49 000
Financial Balance	−31 000	−186 000	−5 000	−1 000
Dividends	0	0	2 400 000	1 000 000
Net Income	13 848 000	10 395 000	4 194 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 546 000	4 453 000	976 000	1 457 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	231 000	265 000	365 000
Total Tangible Assets	120 000	231 000	265 000	365 000
Total Fiancial Fixed Assets	29 000	357 000	315 000	296 000
Total Fixed Assets	12 695 000	5 041 000	1 556 000	2 118 000
Stock	776 000	100 000	329 000	0
Total Investments	0	0	0	0
Cash, Bank	765 000	11 955 000	3 650 000	2 905 000
Total Current Assets	30 231 000	13 742 000	7 870 000	6 234 000
Total Assets	42 926 000	18 782 000	9 427 000	8 352 000
Total Equity	6 785 000	5 861 000	2 466 000	3 408 000
Short-Term Group Debt	25 220 000	0	0	0
Total Long-Term Debt	161 000	0	0	0
Creditors	1 065 000	1 397 000	1 089 000	845 000
Unpaid Taxes	1 087 000	1 100 000	1 003 000	1 074 000
Dividends	0	0	2 400 000	1 000 000
Other Current Debt	8 609 000	3 425 000	4 869 000	3 025 000
Total Current Debt	35 981 000	12 921 000	6 961 000	4 944 000
Total Equity and Debt	42 926 000	18 782 000	9 427 000	8 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,1 %	177,36 %	170,07 %	7,81 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	34,74 %	28,99 %	14,03 %	−1,01 %
Current Ratio	0,84	1,06	1,13	1,26
Quick Ratio	0,86	1,07	1,19	1,26
Equity Ratio	0,16	0,31	0,26	0,41
Gross Profit Margin	87,24 %	83,66 %	85,28 %	79,66 %