FRONTIR PRODUCTION AS

0585 OSLO

Finances

Share Ownership

Return on Equity

34,94 %

Current Ratio

1,77

Debt-to-Equity Ratio

3,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 391 000	3 917 000	3 326 000	5 317 000
Net Income	326 000	−662 000	−17 000	−481 000
Total Assets	5 511 000	4 787 000	4 930 000	4 794 000
Total Equity	933 000	607 000	255 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 391 000	3 917 000	3 326 000	5 317 000
Expenditure	7 699 000	4 551 000	3 144 000	5 712 000
Operating Profit	692 000	−634 000	182 000	−394 000
Financial Income	6 000	8 000	5 000	3 000
Financial Costs	280 000	222 000	209 000	223 000
Financial Balance	−274 000	−214 000	−204 000	−220 000
Earnings Before Tax	418 000	−848 000	−21 000	−614 000
Tax	92 000	−186 000	−5 000	−133 000
Net Income	326 000	−662 000	−17 000	−481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 425 000	3 115 000	4 479 000	4 038 000
Total Current Assets	2 086 000	1 672 000	452 000	755 000
Total Assets	5 511 000	4 787 000	4 930 000	4 794 000
Total Retained Equity	833 000	507 000	155 000	172 000
Total Equity	933 000	607 000	255 000	272 000
Total Long-Term Debt	3 400 000	2 613 000	3 017 000	3 008 000
Total Current Debt	1 177 000	1 567 000	1 658 000	1 514 000
Total Equity and Debt	5 511 000	4 787 000	4 930 000	4 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 275 000	3 670 000	3 326 000	5 317 000
Other Income	116 000	247 000	0	0
Revenue	8 391 000	3 917 000	3 326 000	5 317 000
Cost of Goods Sold	2 134 000	1 416 000	467 000	842 000
Salary Costs	1 874 000	707 000	833 000	1 874 000
Depreciation	973 000	962 000	866 000	845 000
Impairment	0	0	0	0
Expenditure	7 699 000	4 551 000	3 144 000	5 712 000
Operating Profit	692 000	−634 000	182 000	−394 000
Financial Income	6 000	8 000	5 000	3 000
Financial Costs	280 000	222 000	209 000	223 000
Financial Balance	−274 000	−214 000	−204 000	−220 000
Dividends	0	0	0	0
Net Income	326 000	−662 000	−17 000	−481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	17 000	117 000	112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 630 000	2 147 000	974 000	760 000
Fixtures	652 000	76 000	3 219 000	3 166 000
Total Tangible Assets	3 425 000	2 997 000	4 194 000	3 926 000
Total Fiancial Fixed Assets	0	100 000	169 000	0
Total Fixed Assets	3 425 000	3 115 000	4 479 000	4 038 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	65 000	40 000	90 000
Total Current Assets	2 086 000	1 672 000	452 000	755 000
Total Assets	5 511 000	4 787 000	4 930 000	4 794 000
Total Equity	933 000	607 000	255 000	272 000
Short-Term Group Debt	0	0	0	190 000
Total Long-Term Debt	3 400 000	2 613 000	3 017 000	3 008 000
Creditors	102 000	92 000	384 000	157 000
Unpaid Taxes	408 000	174 000	3 000	208 000
Dividends	0	0	0	0
Other Current Debt	450 000	164 000	308 000	272 000
Total Current Debt	1 177 000	1 567 000	1 658 000	1 514 000
Total Equity and Debt	5 511 000	4 787 000	4 930 000	4 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,94 %	−109,06 %	−6,67 %	−176,84 %
Debt-to-Equity Ratio	3,64	4,3	11,83	11,06
Operating Profit Margin	8,25 %	−16,19 %	5,47 %	−7,41 %
Current Ratio	1,77	1,07	0,27	0,5
Quick Ratio	1,77	1,07	0,27	0,5
Equity Ratio	0,17	0,13	0,05	0,06
Gross Profit Margin	74,57 %	63,85 %	85,96 %	84,16 %