HEAD NORGE AS

1390 VOLLEN

Finances

Return on Equity

−137,91 %

Current Ratio

2,08

Debt-to-Equity Ratio

3,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 690 000	12 540 000	11 594 000	14 897 000
Net Income	−7 061 000	−4 214 000	−5 728 000	−7 194 000
Total Assets	34 413 000	27 061 000	27 226 000	25 798 000
Total Equity	5 120 000	5 281 000	4 995 000	4 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 690 000	12 540 000	11 594 000	14 897 000
Expenditure	20 155 000	16 372 000	16 884 000	20 415 000
Operating Profit	−6 464 000	−3 833 000	−5 290 000	−5 518 000
Financial Income	132 000	173 000	539 000	579 000
Financial Costs	728 000	554 000	977 000	2 255 000
Financial Balance	−596 000	−381 000	−438 000	−1 676 000
Earnings Before Tax	−7 061 000	−4 214 000	−5 728 000	−7 194 000
Tax	0	0	0	0
Net Income	−7 061 000	−4 214 000	−5 728 000	−7 194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 014 000	12 210 000	11 912 000	9 094 000
Total Current Assets	21 399 000	14 851 000	15 314 000	16 703 000
Total Assets	34 413 000	27 061 000	27 226 000	25 798 000
Total Retained Equity	−1 405 000	−1 244 000	−1 530 000	−34 295 000
Total Equity	5 120 000	5 281 000	4 995 000	4 523 000
Total Long-Term Debt	18 983 000	15 376 000	11 855 000	10 697 000
Total Current Debt	10 310 000	6 404 000	10 376 000	10 577 000
Total Equity and Debt	34 413 000	27 061 000	27 226 000	25 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 957 000	9 405 000	8 489 000	10 061 000
Other Income	3 734 000	3 135 000	3 105 000	4 837 000
Revenue	13 690 000	12 540 000	11 594 000	14 897 000
Cost of Goods Sold	8 198 000	6 956 000	7 730 000	9 088 000
Salary Costs	3 531 000	3 405 000	2 895 000	3 365 000
Depreciation	365 000	872 000	768 000	838 000
Impairment	0	0	0	0
Expenditure	20 155 000	16 372 000	16 884 000	20 415 000
Operating Profit	−6 464 000	−3 833 000	−5 290 000	−5 518 000
Financial Income	132 000	173 000	539 000	579 000
Financial Costs	728 000	554 000	977 000	2 255 000
Financial Balance	−596 000	−381 000	−438 000	−1 676 000
Dividends	0	0	0	0
Net Income	−7 061 000	−4 214 000	−5 728 000	−7 194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 292 000	2 292 000	2 292 000	2 292 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 571 000	1 293 000	2 089 000	1 559 000
Total Tangible Assets	1 571 000	1 293 000	2 089 000	1 559 000
Total Fiancial Fixed Assets	9 150 000	8 626 000	7 531 000	5 243 000
Total Fixed Assets	13 014 000	12 210 000	11 912 000	9 094 000
Stock	1 133 000	999 000	1 001 000	2 424 000
Total Investments	0	0	0	0
Cash, Bank	294 000	282 000	295 000	283 000
Total Current Assets	21 399 000	14 851 000	15 314 000	16 703 000
Total Assets	34 413 000	27 061 000	27 226 000	25 798 000
Total Equity	5 120 000	5 281 000	4 995 000	4 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 983 000	15 376 000	11 855 000	10 697 000
Creditors	3 483 000	1 359 000	2 108 000	1 643 000
Unpaid Taxes	265 000	477 000	519 000	803 000
Dividends	0	0	0	0
Other Current Debt	310 000	275 000	417 000	1 228 000
Total Current Debt	10 310 000	6 404 000	10 376 000	10 577 000
Total Equity and Debt	34 413 000	27 061 000	27 226 000	25 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,91 %	−79,8 %	−114,67 %	−159,05 %
Debt-to-Equity Ratio	3,71	2,91	2,37	2,37
Operating Profit Margin	−47,22 %	−30,57 %	−45,63 %	−37,04 %
Current Ratio	2,08	2,32	1,48	1,58
Quick Ratio	2,33	2,75	1,63	2,05
Equity Ratio	0,15	0,2	0,18	0,18
Gross Profit Margin	40,12 %	44,53 %	33,33 %	38,99 %