HEAD ENERGY MULTICONTROL AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

23,28 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 139 000	31 954 000	36 707 000	33 229 000
Net Income	1 610 000	1 208 000	3 388 000	1 078 000
Total Assets	17 882 000	20 770 000	14 082 000	12 356 000
Total Equity	6 917 000	6 108 000	4 900 000	3 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 139 000	31 954 000	36 707 000	33 229 000
Expenditure	36 914 000	30 549 000	32 485 000	31 853 000
Operating Profit	2 225 000	1 404 000	4 222 000	1 377 000
Financial Income	16 000	141 000	214 000	25 000
Financial Costs	175 000	75 000	86 000	97 000
Financial Balance	−159 000	66 000	128 000	−72 000
Earnings Before Tax	2 066 000	1 470 000	4 351 000	1 305 000
Tax	456 000	262 000	962 000	227 000
Net Income	1 610 000	1 208 000	3 388 000	1 078 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 887 000	5 958 000	1 958 000	1 445 000
Total Current Assets	11 995 000	14 812 000	12 125 000	10 911 000
Total Assets	17 882 000	20 770 000	14 082 000	12 356 000
Total Retained Equity	3 756 000	2 947 000	1 738 000	0
Total Equity	6 917 000	6 108 000	4 900 000	3 161 000
Total Long-Term Debt	675 000	219 000	0	0
Total Current Debt	10 289 000	14 443 000	9 182 000	9 195 000
Total Equity and Debt	17 882 000	20 770 000	14 082 000	12 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 139 000	31 954 000	36 707 000	33 229 000
Other Income	0	0	0	0
Revenue	39 139 000	31 954 000	36 707 000	33 229 000
Cost of Goods Sold	9 283 000	7 420 000	7 639 000	4 543 000
Salary Costs	21 021 000	17 440 000	18 590 000	20 728 000
Depreciation	154 000	108 000	119 000	48 000
Impairment	0	0	0	0
Expenditure	36 914 000	30 549 000	32 485 000	31 853 000
Operating Profit	2 225 000	1 404 000	4 222 000	1 377 000
Financial Income	16 000	141 000	214 000	25 000
Financial Costs	175 000	75 000	86 000	97 000
Financial Balance	−159 000	66 000	128 000	−72 000
Dividends	800 000	0	1 650 000	540 000
Net Income	1 610 000	1 208 000	3 388 000	1 078 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 175 000	5 619 000	1 422 000	755 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	512 000	138 000	225 000	279 000
Total Tangible Assets	512 000	138 000	225 000	279 000
Total Fiancial Fixed Assets	200 000	200 000	310 000	411 000
Total Fixed Assets	5 887 000	5 958 000	1 958 000	1 445 000
Stock	446 000	74 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 005 000	674 000	724 000	695 000
Total Current Assets	11 995 000	14 812 000	12 125 000	10 911 000
Total Assets	17 882 000	20 770 000	14 082 000	12 356 000
Total Equity	6 917 000	6 108 000	4 900 000	3 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	675 000	219 000	0	0
Creditors	1 604 000	1 928 000	2 068 000	612 000
Unpaid Taxes	1 779 000	1 249 000	1 328 000	1 521 000
Dividends	800 000	0	1 650 000	540 000
Other Current Debt	6 106 000	11 266 000	3 825 000	6 521 000
Total Current Debt	10 289 000	14 443 000	9 182 000	9 195 000
Total Equity and Debt	17 882 000	20 770 000	14 082 000	12 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,28 %	19,78 %	69,14 %	34,1 %
Debt-to-Equity Ratio	0,1	0,04	0	0
Operating Profit Margin	5,68 %	4,39 %	11,5 %	4,14 %
Current Ratio	1,17	1,03	1,32	1,19
Quick Ratio	1,22	1,03	1,32	1,19
Equity Ratio	0,39	0,29	0,35	0,26
Gross Profit Margin	76,28 %	76,78 %	79,19 %	86,33 %