Liquidity
Weak0.33
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
FRONT AS
Org. no. 823 107 102 · Private limited company (AS) · Active · v/ Ståle Rysstad, Høivold brygge 18, 4631, KRISTIANSAND S · KRISTIANSAND · 68.110 – Buying and selling of own real estate
ActiveRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 24 May 2019
- Municipality
- KRISTIANSAND
- Industry code
- 68.110
FRONT AS is a private limited company (as) registered in KRISTIANSAND S since 2019. The organisation number is 823 107 102. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 23:45
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Missing data–
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch11.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- –
- Fiscal year 2025
- Net result
- -2.3 m NOK
- Fiscal year 2025
- Equity
- 2.9 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 24 May 2019
- Place
- KRISTIANSAND S
- Industry
- Buying and selling of own real estate
- 68.110
- Public contracts
- –
- Roles
- 5
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
63
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 823 107 102
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 18 July 2019
- Date of incorporation
- 24 May 2019
- Number of employees
- No registered employees
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
v/ Ståle Rysstad, Høivold brygge 184631 KRISTIANSAND SKRISTIANSAND municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 68.110
Buying and selling of own real estate(main industry)
M Real estate activities › 68 Real estate activities › 68.1 Buying and selling of own real estate; development of building projects › 68.11 Buying and selling of own real estate
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Kjøp og salg av egen fast eiendom, f.eks.; leilighetsbygninger og boliger, ygninger som ikke brukes til beboelse, herunder kontorbygninger, industribygg, varehus, hoteller og andre fritidsbygg, utstillingshaller, lagerbygg, butikker og kjøpesentre, datasentre, jordeiendommer. Omfatter også: Deling av fast eiendom i parseller, uten forberedende arbeid for klargjøring til bygging. Ekskluderer: Deling av fast eiendom i parseller og i tillegg utførelse av forberedende arbeid på eiendommen for klargjøring til bygging for senere salg grupperes under 68.12 Utvikling og salg av byggeprosjekter. Utvikling av byggeprosjekter for salg grupperes under 68.12 Utvikling og salg av byggeprosjekter.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Kjøp, utleie og salg av eiendommer og det som naturlig hører sammen med dette. I tillegg kan selskapet eie aksjer og andeler i andre selskaper.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.33
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Missing data–
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch11.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | – | – | – | Not enough history |
| Operating profit | -59,926 | -61,797 | -38,729 | |
| Profit before tax | -2,295,515 | -729,978 | -310,915 | |
| Net result | -2,295,515 | -729,978 | -310,915 | |
| Total assets | 24,907,292 | 24,851,258 | 24,880,042 | |
| Equity | 2,925,074 | -779,411 | -49,433 | |
| Liabilities | 21,982,218 | 25,630,669 | 24,929,475 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- –
- Net result 2025
- -2,295,515 NOK
- Revenue growth
- –
Revenue and profit
Amounts in NOK
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating expenses | 59,926 NOK |
|---|---|
| Operating profit | -59,926 NOK |
| Total financial income | 7,613 NOK |
| Total financial expenses | 2,243,202 NOK |
| Net financial items | -2,235,589 NOK |
| Profit before tax | -2,295,515 NOK |
| Net result | -2,295,515 NOK |
Assets
| Total fixed assets | 24,837,220 NOK |
|---|---|
| Total current assets | 70,071 NOK |
| Total assets | 24,907,292 NOK |
Equity and liabilities
| Paid-in equity | 6,500,000 NOK |
|---|---|
| Retained earnings | -3,574,926 NOK |
| Total equity | 2,925,074 NOK |
| Current liabilities | 212,218 NOK |
| Long-term liabilities | 21,770,000 NOK |
| Total debt | 21,982,218 NOK |
| Total equity and liabilities | 24,907,292 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating expenses | 61,797 NOK |
|---|---|
| Operating profit | -61,797 NOK |
| Total financial income | 7,543 NOK |
| Total financial expenses | 675,724 NOK |
| Net financial items | -668,181 NOK |
| Profit before tax | -729,978 NOK |
| Net result | -729,978 NOK |
Assets
| Total fixed assets | 24,837,220 NOK |
|---|---|
| Total current assets | 14,037 NOK |
| Total assets | 24,851,258 NOK |
Equity and liabilities
| Paid-in equity | 500,000 NOK |
|---|---|
| Retained earnings | -1,279,411 NOK |
| Total equity | -779,411 NOK |
| Current liabilities | 100,669 NOK |
| Long-term liabilities | 25,530,000 NOK |
| Total debt | 25,630,669 NOK |
| Total equity and liabilities | 24,851,258 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating expenses | 38,729 NOK |
|---|---|
| Operating profit | -38,729 NOK |
| Total financial income | 4,557 NOK |
| Total financial expenses | 276,743 NOK |
| Net financial items | -272,186 NOK |
| Profit before tax | -310,915 NOK |
| Net result | -310,915 NOK |
Assets
| Total fixed assets | 24,837,220 NOK |
|---|---|
| Total current assets | 42,821 NOK |
| Total assets | 24,880,042 NOK |
Equity and liabilities
| Paid-in equity | 500,000 NOK |
|---|---|
| Retained earnings | -549,433 NOK |
| Total equity | -49,433 NOK |
| Current liabilities | 99,475 NOK |
| Long-term liabilities | 24,830,000 NOK |
| Total debt | 24,929,475 NOK |
| Total equity and liabilities | 24,880,042 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Equity ratioTotal equity divided by total assets. | 11.7 % | -3.1 % | -0.2 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.33 | 0.14 | 0.43 |
| Debt ratioTotal liabilities divided by total equity. | 7.52 | -32.88 | -504.31 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | -0.2 % | -0.2 % | -0.1 % |
| Return on equityNet profit divided by total equity. | -78.5 % | 93.7 % | 629 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
- 2024, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
- 2023, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
Roles and owners
Registry data
Roles
Board
- Chair of the boardStåle Rysstad
- Board memberEivind Robert Buckner
- Board memberPer Håkon Hansen
Auditor
- AuditorREVISJONSFIRMA ELIASSEN AS
Accountant
- AccountantEMINENT REGNSKAP AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 0
No sub-units
The company has no registered sub-units in the Central Coordinating Register.
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 23:45
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 23:45
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 23:45
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 23:45
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 23:45
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources