HEADSHED AS

7038 TRONDHEIM

Finances

Return on Equity

−105,86 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 630 000	5 716 000	2 783 000	2 336 000
Net Income	−3 868 000	−267 000	−1 481 000	−1 164 000
Total Assets	10 258 000	13 666 000	7 106 000	7 772 000
Total Equity	3 654 000	8 142 000	1 909 000	3 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 630 000	5 716 000	2 783 000	2 336 000
Expenditure	10 430 000	5 937 000	4 201 000	3 433 000
Operating Profit	−3 800 000	−222 000	−1 419 000	−1 098 000
Financial Income	5 000	4 000	11 000	11 000
Financial Costs	74 000	50 000	73 000	77 000
Financial Balance	−69 000	−46 000	−62 000	−66 000
Earnings Before Tax	−3 868 000	−267 000	−1 481 000	−1 164 000
Tax	0	0	0	0
Net Income	−3 868 000	−267 000	−1 481 000	−1 164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 916 000	6 903 000	5 326 000	4 007 000
Total Current Assets	3 343 000	6 763 000	1 780 000	3 765 000
Total Assets	10 258 000	13 666 000	7 106 000	7 772 000
Total Retained Equity	−667 000	0	0	0
Total Equity	3 654 000	8 142 000	1 909 000	3 391 000
Total Long-Term Debt	4 211 000	2 864 000	2 730 000	2 149 000
Total Current Debt	2 393 000	2 659 000	2 467 000	2 232 000
Total Equity and Debt	10 258 000	13 666 000	7 106 000	7 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 046 000	5 316 000	2 588 000	2 269 000
Other Income	584 000	400 000	195 000	66 000
Revenue	6 630 000	5 716 000	2 783 000	2 336 000
Cost of Goods Sold	697 000	412 000	343 000	385 000
Salary Costs	4 347 000	2 039 000	1 619 000	1 381 000
Depreciation	1 907 000	1 297 000	864 000	323 000
Impairment	0	0	0	0
Expenditure	10 430 000	5 937 000	4 201 000	3 433 000
Operating Profit	−3 800 000	−222 000	−1 419 000	−1 098 000
Financial Income	5 000	4 000	11 000	11 000
Financial Costs	74 000	50 000	73 000	77 000
Financial Balance	−69 000	−46 000	−62 000	−66 000
Dividends	0	0	0	0
Net Income	−3 868 000	−267 000	−1 481 000	−1 164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 842 000	6 866 000	5 296 000	3 997 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	16 000	0	0
Total Tangible Assets	74 000	16 000	0	0
Total Fiancial Fixed Assets	0	20 000	30 000	10 000
Total Fixed Assets	6 916 000	6 903 000	5 326 000	4 007 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 699 000	4 994 000	974 000	2 663 000
Total Current Assets	3 343 000	6 763 000	1 780 000	3 765 000
Total Assets	10 258 000	13 666 000	7 106 000	7 772 000
Total Equity	3 654 000	8 142 000	1 909 000	3 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 211 000	2 864 000	2 730 000	2 149 000
Creditors	497 000	214 000	61 000	99 000
Unpaid Taxes	625 000	527 000	369 000	286 000
Dividends	0	0	0	0
Other Current Debt	1 272 000	1 918 000	2 036 000	1 848 000
Total Current Debt	2 393 000	2 659 000	2 467 000	2 232 000
Total Equity and Debt	10 258 000	13 666 000	7 106 000	7 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−105,86 %	−3,28 %	−77,58 %	−34,33 %
Debt-to-Equity Ratio	1,15	0,35	1,43	0,63
Operating Profit Margin	−57,32 %	−3,88 %	−50,99 %	−47 %
Current Ratio	1,4	2,54	0,72	1,69
Quick Ratio	1,4	2,54	0,72	1,69
Equity Ratio	0,36	0,6	0,27	0,44
Gross Profit Margin	89,49 %	92,79 %	87,68 %	83,52 %