Riskpilot← Back to searchSign inGet full accessFRONT SYSTEMS AS
ASActiveOrg 991083413Hoffsveien 4, 0275 OsloComputer programming activities · NACE 6210Est. 200720 employeeswww.frontsystems.no
Revenue 2024
NOK 67M
+9% vs 2023
EBITDA margin
46.7%
+34% vs 2023
Equity ratio
15.3%
Financial strength
Net profit 2024
NOK 20M
+26% vs 2023
| Revenue | NOK 67M | +9% |
| EBITDA | NOK 31,3M | +34% |
| Net profit | NOK 20M | +26% |
| Total assets | NOK 47,4M | -35% |
| Equity | NOK 7,2M | +46% |
| Employees | 20 | — |
Legal name
FRONT SYSTEMS AS
Org number
991083413
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
2. april 2007
Share capital
NOK 100 000
Employees
20 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller ett styremedlem og daglig leder i fellesskap.
Company purpose
Salg, utvikling og konsulentvirksomhet innen programvare.
Address
Hoffsveien 4, 0275 Oslo
Email
post@frontsystems.no
Website
www.frontsystems.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 44 | 225 | 0 | 1 520 | 3 807 | 0 | 10 973 | 14 596 | 19 285 | 22 064 | 29 436 | 30 789 | 33 346 | 45 559 | 50 954 | 61 253 | 67 034 |
| Staff expenses | −0 | −0 | −0 | −0 | −917 | −1 867 | −0 | −5 098 | −5 807 | −6 809 | −9 773 | −14 919 | −16 591 | −14 244 | −12 642 | −13 265 | −15 335 | −18 824 |
| EBITDA | 0 | −23 | 52 | 0 | 6 | 41 | 0 | 450 | 806 | 1 472 | 661 | 369 | −21 | 4 861 | 13 367 | 18 717 | 23 377 | 31 284 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −10 | −0 | −23 | −185 | −1 184 | −210 | −227 | −291 | −182 | −160 | −1 014 | −2 787 | −4 915 |
| EBIT | 0 | −23 | 52 | 0 | 6 | 31 | 0 | 427 | 622 | 288 | 452 | 142 | −312 | 4 679 | 13 206 | 17 702 | 20 590 | 26 370 |
| Net financials | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 14 | 19 | 11 | 17 | 4 | −1 | −5 | −186 | −31 | −552 | −1 127 |
| Profit before tax | 0 | −23 | 52 | 0 | 7 | 33 | 0 | 441 | 640 | 299 | 469 | 147 | −313 | 4 675 | 13 020 | 17 671 | 20 037 | 25 242 |
| Tax | −0 | −0 | 8 | −0 | −0 | 9 | −0 | 27 | 111 | −225 | −256 | −393 | −579 | 481 | 2 625 | 3 823 | 4 249 | 5 281 |
| Net profit | 0 | −23 | 44 | 0 | 7 | 24 | 0 | 415 | 529 | 523 | 726 | 540 | 266 | 4 194 | 10 395 | 13 848 | 15 788 | 19 961 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 77 | 135 | — | 340 | 576 | — | 2 925 | 3 532 | 4 377 | 5 955 | 8 272 | 8 352 | 9 427 | 18 782 | 42 926 | 72 673 | 47 438 |
| Equity | — | 76 | 120 | — | 134 | 158 | — | 942 | 1 433 | 1 867 | 2 837 | 3 995 | 3 408 | 2 466 | 5 861 | 6 785 | 4 951 | 7 249 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161 | 0 | 0 |
| Short-term debt | 0 | 1 | 15 | 0 | 206 | 418 | 0 | 1 984 | 2 099 | 2 511 | 3 118 | 4 277 | 4 944 | 6 961 | 12 921 | 35 981 | 67 721 | 40 189 |
| Total debt | 0 | 1 | 15 | 0 | 206 | 418 | 0 | 1 984 | 2 099 | 2 511 | 3 118 | 4 277 | 4 944 | 6 961 | 12 921 | 36 142 | 67 721 | 40 189 |
EBITDA margin
46.7%
This company
15.8%
Market median
+196% vs market
20072024
Equity ratio
15.3%
This company
38.2%
Market median
-60% vs market
20072024
Return on equity
275.4%
This company
18.4%
Market median
+1397% vs market
20072024
Net profit margin
29.8%
This company
8.1%
Market median
+268% vs market
20072024
Asset turnover
1.41×
This company
1.12×
Market median
+26% vs market
20072024
Debt / equity
5.54×
This company
0.62×
Market median
-794% vs market
20072024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SA Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
MA Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2016 | — | — | |
| Board of Directors | 2016 | — | — | |
| Deputy Chairman | 2016 | — | — | |
| Board of Directors | 2016 | — | — | |
| Board of Directors | 2016 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2016 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Eg Norge As | Company | 100.0% | 100.0% | 2024 |
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Eg Norge As
FRONT SYSTEMS AS Board members of FRONT SYSTEMS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Simen Alexander Bøhmer | Chief Executive Officer | 0 companies |
| Mathias Andersen | Chief Executive Officer | 0 companies |
| Karl Einar Kaalstad | Chairman | 0 companies |
| Haakon Skavhaug-Flender | Board of Directors | 0 companies |
| Knut Marius Lindholt | Deputy Chairman | 0 companies |
| Ståle Løvbukten | Board of Directors | 0 companies |
| Petter Kaalstad | Board of Directors | 0 companies |
| Erik Tomren | Chairman | 0 companies |
| Mikkel Bardram | Board of Directors | 0 companies |
| Henrik Hansen | Board of Directors | 0 companies |
| Einar Andreas Negaard | Board of Directors | 0 companies |