FRONT SYSTEMS AS
Front Systems | Point Of Sale
Cloud based mobile POS-solution unifying digital and physical commerce, empowering every store associate to provide a seamless shopping experience.
Keywords
program developmentsoftware
Organization
- CEO
- SA
- Chairman of the board
- ET
Erik Tomren1975
- Years since formation
- 17 years
- since Apr 2, 2007
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 21
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 61,252,881
- NOK
- Annual total result 2023
- 15,788,316
- NOK
- Total equity 2023
- 4,951,239
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SA | Managing Director/CEO | - |
MA 1988 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ET 1975 | Chairman | - |
HH 1974 | Board Member | - |
SA | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jan 17, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100,000 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 352,879,837Operating profit 2023: NOK 20,737,022Employees: 162
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 61,252,881 | 50,954,236 | 45,558,837 |
Annual Total Result | 15,788,316 | 13,847,507 | 10,395,270 |
Total assets | 72,672,517 | 42,926,396 | 18,782,354 |
Total liabilities | 67,721,278 | 36,141,729 | 12,921,027 |
Total equity | 4,951,239 | 6,784,667 | 5,861,328 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 61,252,881 | 50,954,236 | 45,558,837 |
Total operating costs | 40,663,313 | 33,252,018 | 32,352,466 |
Operating result | 20,589,568 | 17,702,217 | 13,206,371 |
Financial income/costs | -552,414 | -31,274 | -186,236 |
Profit before tax | 20,037,154 | 17,670,943 | 13,020,136 |
Total tax & extraordinary income/cost | 4,248,838 | 3,823,436 | 2,624,866 |
Annual Total Result | 15,788,316 | 13,847,507 | 10,395,270 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 21,375,028 | 12,695,126 | 5,040,843 |
Total current assets | 51,297,489 | 30,231,270 | 13,741,511 |
Total assets | 72,672,517 | 42,926,396 | 18,782,354 |
Short term debt | 67,721,278 | 35,981,060 | 12,921,027 |
Long term debt | 0 | 160,669 | 0 |
Total liabilities | 67,721,278 | 36,141,729 | 12,921,027 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 4,851,239 | 6,684,667 | 5,761,328 |
Total equity | 4,951,239 | 6,784,667 | 5,861,328 |
Total equity and liabilities | 72,672,517 | 42,926,396 | 18,782,354 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities