IFRONT ØKONOMI AS

2408 ELVERUM

Finances

Share Ownership

Return on Equity

78,9 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 862 000	5 140 000	4 244 000	3 027 000
Net Income	445 000	317 000	266 000	226 000
Total Assets	1 793 000	1 972 000	1 545 000	983 000
Total Equity	564 000	719 000	403 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 862 000	5 140 000	4 244 000	3 027 000
Expenditure	5 294 000	4 733 000	3 906 000	2 743 000
Operating Profit	568 000	407 000	338 000	283 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	1 000	1 000	0
Earnings Before Tax	570 000	407 000	338 000	284 000
Tax	125 000	90 000	72 000	58 000
Net Income	445 000	317 000	266 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	38 000	43 000	49 000
Total Current Assets	1 760 000	1 934 000	1 502 000	934 000
Total Assets	1 793 000	1 972 000	1 545 000	983 000
Total Retained Equity	460 000	615 000	298 000	32 000
Total Equity	564 000	719 000	403 000	137 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	1 229 000	1 252 000	1 142 000	847 000
Total Equity and Debt	1 793 000	1 972 000	1 545 000	983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 671 000	4 986 000	4 119 000	2 961 000
Other Income	191 000	154 000	125 000	66 000
Revenue	5 862 000	5 140 000	4 244 000	3 027 000
Cost of Goods Sold	1 000	11 000	0	0
Salary Costs	4 425 000	4 012 000	3 299 000	2 221 000
Depreciation	6 000	6 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	5 294 000	4 733 000	3 906 000	2 743 000
Operating Profit	568 000	407 000	338 000	283 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	1 000	1 000	0
Dividends	600 000	0	0	200 000
Net Income	445 000	317 000	266 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	38 000	43 000	49 000
Total Tangible Assets	32 000	38 000	43 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	38 000	43 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 047 000	1 302 000	980 000	513 000
Total Current Assets	1 760 000	1 934 000	1 502 000	934 000
Total Assets	1 793 000	1 972 000	1 545 000	983 000
Total Equity	564 000	719 000	403 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	45 000	88 000	22 000	22 000
Unpaid Taxes	626 000	631 000	660 000	338 000
Dividends	600 000	0	0	200 000
Other Current Debt	431 000	443 000	388 000	229 000
Total Current Debt	1 229 000	1 252 000	1 142 000	847 000
Total Equity and Debt	1 793 000	1 972 000	1 545 000	983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,9 %	44,09 %	66 %	164,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,69 %	7,92 %	7,96 %	9,35 %
Current Ratio	1,43	1,54	1,32	1,1
Quick Ratio	1,43	1,54	1,32	1,1
Equity Ratio	0,31	0,36	0,26	0,14
Gross Profit Margin	99,98 %	99,79 %	100 %	100 %