FRONT OCEAN MANAGEMENT AS
Organization
- CEO
- CM
- Chairman of the board
- JG
- Years since formation
- 4 years
- since Jul 15, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 68,337,644
- NOK
- Annual total result 2024
- 3,108,885
- NOK
- Total equity 2024
- 7,583,440
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CM | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
CM | Board Member | - |
JE | Board Member | - |
JG | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jun 24, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 68,337,644 | 63,455,916 | 46,656,323 | 9,293,122 |
Annual Total Result | 3,108,885 | 2,478,469 | 1,789,802 | 176,284 |
Total assets | 22,712,868 | 18,250,125 | 8,773,989 | 6,612,754 |
Total liabilities | 15,129,428 | 13,775,570 | 6,777,902 | 6,406,470 |
Total equity | 7,583,440 | 4,474,555 | 1,996,086 | 206,284 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 68,337,644 | 63,455,916 | 46,656,323 | 9,293,122 |
Total operating costs | 65,100,003 | 60,524,055 | 44,434,593 | 9,069,418 |
Operating result | 3,237,641 | 2,931,862 | 2,221,731 | 223,704 |
Financial income/costs | 752,998 | 247,164 | 72,888 | 2,301 |
Profit before tax | 3,990,639 | 3,179,026 | 2,294,619 | 226,005 |
Total tax & extraordinary income/cost | 881,754 | 700,557 | 504,817 | 49,721 |
Annual Total Result | 3,108,885 | 2,478,469 | 1,789,802 | 176,284 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 339,910 | 468,121 | 478,857 | 77,179 |
Total current assets | 22,372,958 | 17,782,005 | 8,295,131 | 6,535,575 |
Total assets | 22,712,868 | 18,250,125 | 8,773,989 | 6,612,754 |
Short term debt | 15,123,990 | 13,760,790 | 6,760,381 | 6,403,543 |
Long term debt | 5,438 | 14,780 | 17,521 | 2,927 |
Total liabilities | 15,129,428 | 13,775,570 | 6,777,902 | 6,406,470 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 7,553,440 | 4,444,555 | 1,966,086 | 176,284 |
Total equity | 7,583,440 | 4,474,555 | 1,996,086 | 206,284 |
Total equity and liabilities | 22,712,868 | 18,250,125 | 8,773,989 | 6,612,754 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises