HEADSPIN AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

−84,8 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 584 000	27 391 000	25 680 000	28 346 000
Net Income	−173 000	914 000	−379 000	1 578 000
Total Assets	11 443 000	10 722 000	10 995 000	9 721 000
Total Equity	204 000	4 376 000	3 462 000	3 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 584 000	27 391 000	25 680 000	28 346 000
Expenditure	25 754 000	26 058 000	25 942 000	25 670 000
Operating Profit	−170 000	1 333 000	−262 000	2 675 000
Financial Income	2 000	0	0	1 000
Financial Costs	21 000	129 000	193 000	141 000
Financial Balance	−19 000	−129 000	−193 000	−140 000
Earnings Before Tax	−189 000	1 204 000	−455 000	2 535 000
Tax	−16 000	290 000	−77 000	957 000
Net Income	−173 000	914 000	−379 000	1 578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	126 000	271 000	74 000
Total Current Assets	11 280 000	10 595 000	10 723 000	9 646 000
Total Assets	11 443 000	10 722 000	10 995 000	9 721 000
Total Retained Equity	0	3 116 000	2 202 000	2 581 000
Total Equity	204 000	4 376 000	3 462 000	3 841 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 240 000	6 346 000	7 532 000	5 879 000
Total Equity and Debt	11 443 000	10 722 000	10 995 000	9 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 555 000	27 236 000	25 355 000	28 290 000
Other Income	1 030 000	155 000	325 000	56 000
Revenue	25 584 000	27 391 000	25 680 000	28 346 000
Cost of Goods Sold	1 934 000	2 401 000	1 883 000	4 574 000
Salary Costs	19 646 000	20 048 000	20 524 000	17 774 000
Depreciation	67 000	57 000	31 000	99 000
Impairment	0	0	0	0
Expenditure	25 754 000	26 058 000	25 942 000	25 670 000
Operating Profit	−170 000	1 333 000	−262 000	2 675 000
Financial Income	2 000	0	0	1 000
Financial Costs	21 000	129 000	193 000	141 000
Financial Balance	−19 000	−129 000	−193 000	−140 000
Dividends	4 000 000	0	0	0
Net Income	−173 000	914 000	−379 000	1 578 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	91 000	23 000	111 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	104 000	160 000	40 000
Total Tangible Assets	72 000	104 000	160 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	126 000	271 000	74 000
Stock	0	0	0	20 000
Total Investments	0	0	0	0
Cash, Bank	6 860 000	7 575 000	6 090 000	670 000
Total Current Assets	11 280 000	10 595 000	10 723 000	9 646 000
Total Assets	11 443 000	10 722 000	10 995 000	9 721 000
Total Equity	204 000	4 376 000	3 462 000	3 841 000
Short-Term Group Debt	0	0	0	311 000
Total Long-Term Debt	0	0	0	0
Creditors	628 000	558 000	403 000	291 000
Unpaid Taxes	1 779 000	2 131 000	2 324 000	2 097 000
Dividends	4 000 000	0	0	0
Other Current Debt	4 780 000	3 508 000	4 426 000	2 938 000
Total Current Debt	11 240 000	6 346 000	7 532 000	5 879 000
Total Equity and Debt	11 443 000	10 722 000	10 995 000	9 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,8 %	20,89 %	−10,95 %	41,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,66 %	4,87 %	−1,02 %	9,44 %
Current Ratio	1	1,67	1,42	1,64
Quick Ratio	1	1,67	1,42	1,65
Equity Ratio	0,02	0,41	0,31	0,4
Gross Profit Margin	92,44 %	91,23 %	92,67 %	83,86 %