FRONT EIENDOM NORGE AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−31,13 %

Current Ratio

1,34

Debt-to-Equity Ratio

7,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	72 000	42 000	20 501 000
Net Income	−273 000	73 000	36 000	3 509 000
Total Assets	22 190 000	10 424 000	9 935 000	23 497 000
Total Equity	877 000	1 150 000	1 077 000	1 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	72 000	42 000	20 501 000
Expenditure	53 000	107 000	115 000	16 189 000
Operating Profit	−53 000	−35 000	−73 000	4 312 000
Financial Income	150 000	291 000	658 000	502 000
Financial Costs	370 000	162 000	538 000	916 000
Financial Balance	−220 000	129 000	120 000	−414 000
Earnings Before Tax	−273 000	94 000	46 000	3 897 000
Tax	0	21 000	10 000	389 000
Net Income	−273 000	73 000	36 000	3 509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 017 000	5 921 000	5 639 000	20 990 000
Total Current Assets	20 172 000	4 502 000	4 296 000	2 507 000
Total Assets	22 190 000	10 424 000	9 935 000	23 497 000
Total Retained Equity	777 000	1 050 000	977 000	941 000
Total Equity	877 000	1 150 000	1 077 000	1 041 000
Total Long-Term Debt	6 282 000	2 800 000	2 800 000	12 794 000
Total Current Debt	15 031 000	6 474 000	6 058 000	9 663 000
Total Equity and Debt	22 190 000	10 424 000	9 935 000	23 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	72 000	42 000	20 501 000
Other Income	0	0	0	0
Revenue	0	72 000	42 000	20 501 000
Cost of Goods Sold	0	42 000	42 000	16 072 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	53 000	107 000	115 000	16 189 000
Operating Profit	−53 000	−35 000	−73 000	4 312 000
Financial Income	150 000	291 000	658 000	502 000
Financial Costs	370 000	162 000	538 000	916 000
Financial Balance	−220 000	129 000	120 000	−414 000
Dividends	0	0	0	0
Net Income	−273 000	73 000	36 000	3 509 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 017 000	5 921 000	5 639 000	20 990 000
Total Fixed Assets	2 017 000	5 921 000	5 639 000	20 990 000
Stock	13 747 000	2 806 000	2 481 000	2 000 000
Total Investments	0	0	0	0
Cash, Bank	124 000	238 000	360 000	1 000
Total Current Assets	20 172 000	4 502 000	4 296 000	2 507 000
Total Assets	22 190 000	10 424 000	9 935 000	23 497 000
Total Equity	877 000	1 150 000	1 077 000	1 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 282 000	2 800 000	2 800 000	12 794 000
Creditors	127 000	285 000	0	2 742 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 904 000	6 167 000	6 048 000	6 920 000
Total Current Debt	15 031 000	6 474 000	6 058 000	9 663 000
Total Equity and Debt	22 190 000	10 424 000	9 935 000	23 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,13 %	6,35 %	3,34 %	337,08 %
Debt-to-Equity Ratio	7,16	2,43	2,6	12,29
Operating Profit Margin	-	−48,61 %	−173,81 %	21,03 %
Current Ratio	1,34	0,7	0,71	0,26
Quick Ratio	15,71	1,23	1,2	0,33
Equity Ratio	0,04	0,11	0,11	0,04
Gross Profit Margin	-	41,67 %	0 %	21,6 %