HEADBRANDS NORGE AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

412,04 %

Current Ratio

1,04

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 487 000	72 242 000	81 564 000	82 528 000
Net Income	1 335 000	1 409 000	1 514 000	1 601 000
Total Assets	9 656 000	9 307 000	24 347 000	15 319 000
Total Equity	324 000	289 000	280 000	2 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 487 000	72 242 000	81 564 000	82 528 000
Expenditure	66 802 000	70 450 000	79 585 000	80 456 000
Operating Profit	1 685 000	1 793 000	1 980 000	2 071 000
Financial Income	48 000	50 000	178 000	51 000
Financial Costs	21 000	37 000	216 000	60 000
Financial Balance	27 000	13 000	−38 000	−9 000
Earnings Before Tax	1 712 000	1 806 000	1 943 000	2 063 000
Tax	377 000	397 000	429 000	462 000
Net Income	1 335 000	1 409 000	1 514 000	1 601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	518 000	745 000	119 000
Total Current Assets	9 170 000	8 788 000	23 602 000	15 200 000
Total Assets	9 656 000	9 307 000	24 347 000	15 319 000
Total Retained Equity	94 000	59 000	50 000	2 386 000
Total Equity	324 000	289 000	280 000	2 616 000
Total Long-Term Debt	545 000	858 000	5 777 000	0
Total Current Debt	8 788 000	8 159 000	18 291 000	12 703 000
Total Equity and Debt	9 656 000	9 307 000	24 347 000	15 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 004 000	72 230 000	81 495 000	81 277 000
Other Income	484 000	12 000	69 000	1 251 000
Revenue	68 487 000	72 242 000	81 564 000	82 528 000
Cost of Goods Sold	54 093 000	58 307 000	53 860 000	50 024 000
Salary Costs	5 487 000	5 075 000	6 286 000	8 633 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	66 802 000	70 450 000	79 585 000	80 456 000
Operating Profit	1 685 000	1 793 000	1 980 000	2 071 000
Financial Income	48 000	50 000	178 000	51 000
Financial Costs	21 000	37 000	216 000	60 000
Financial Balance	27 000	13 000	−38 000	−9 000
Dividends	1 300 000	1 400 000	3 850 000	0
Net Income	1 335 000	1 409 000	1 514 000	1 601 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	486 000	518 000	745 000	119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	486 000	518 000	745 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 043 000	2 713 000	15 108 000	8 212 000
Total Current Assets	9 170 000	8 788 000	23 602 000	15 200 000
Total Assets	9 656 000	9 307 000	24 347 000	15 319 000
Total Equity	324 000	289 000	280 000	2 616 000
Short-Term Group Debt	1 888 000	699 000	7 601 000	3 941 000
Total Long-Term Debt	545 000	858 000	5 777 000	0
Creditors	1 102 000	357 000	1 142 000	1 488 000
Unpaid Taxes	3 040 000	3 380 000	3 430 000	3 603 000
Dividends	1 300 000	1 400 000	3 850 000	0
Other Current Debt	1 111 000	2 153 000	2 267 000	3 166 000
Total Current Debt	8 788 000	8 159 000	18 291 000	12 703 000
Total Equity and Debt	9 656 000	9 307 000	24 347 000	15 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	412,04 %	487,54 %	540,71 %	61,2 %
Debt-to-Equity Ratio	1,68	2,97	20,63	0
Operating Profit Margin	2,46 %	2,48 %	2,43 %	2,51 %
Current Ratio	1,04	1,08	1,29	1,2
Quick Ratio	1,04	1,08	1,29	1,2
Equity Ratio	0,03	0,03	0,01	0,17
Gross Profit Margin	21,02 %	19,29 %	33,97 %	39,39 %