HEAD ENERGY GEO AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

−562,02 %

Current Ratio

0,25

Debt-to-Equity Ratio

3,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 368 000	927 000	812 000	685 000
Net Income	−7 413 000	−2 534 000	−1 238 000	−2 545 000
Total Assets	8 143 000	14 585 000	10 685 000	9 138 000
Total Equity	1 319 000	8 733 000	3 976 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 368 000	927 000	812 000	685 000
Expenditure	8 432 000	3 394 000	2 040 000	2 787 000
Operating Profit	−7 064 000	−2 467 000	−1 228 000	−2 102 000
Financial Income	11 000	34 000	362 000	5 000
Financial Costs	360 000	101 000	373 000	14 000
Financial Balance	−349 000	−67 000	−11 000	−9 000
Earnings Before Tax	−7 413 000	−2 534 000	−1 238 000	−2 111 000
Tax	0	0	0	434 000
Net Income	−7 413 000	−2 534 000	−1 238 000	−2 545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 722 000	10 246 000	7 603 000	7 836 000
Total Current Assets	421 000	4 339 000	3 082 000	1 302 000
Total Assets	8 143 000	14 585 000	10 685 000	9 138 000
Total Retained Equity	−243 000	0	0	−4 126 000
Total Equity	1 319 000	8 733 000	3 976 000	118 000
Total Long-Term Debt	5 107 000	1 500 000	1 518 000	1 500 000
Total Current Debt	1 717 000	4 352 000	5 191 000	7 520 000
Total Equity and Debt	8 143 000	14 585 000	10 685 000	9 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 368 000	625 000	100 000	695 000
Other Income	0	301 000	712 000	−10 000
Revenue	1 368 000	927 000	812 000	685 000
Cost of Goods Sold	51 000	0	0	353 000
Salary Costs	3 428 000	1 581 000	1 202 000	565 000
Depreciation	6 000	10 000	10 000	4 000
Impairment	4 000 000	0	0	0
Expenditure	8 432 000	3 394 000	2 040 000	2 787 000
Operating Profit	−7 064 000	−2 467 000	−1 228 000	−2 102 000
Financial Income	11 000	34 000	362 000	5 000
Financial Costs	360 000	101 000	373 000	14 000
Financial Balance	−349 000	−67 000	−11 000	−9 000
Dividends	0	0	0	0
Net Income	−7 413 000	−2 534 000	−1 238 000	−2 545 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 722 000	10 240 000	7 591 000	7 817 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	13 000	19 000
Total Tangible Assets	0	6 000	13 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 722 000	10 246 000	7 603 000	7 836 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	218 000	2 541 000	2 454 000	357 000
Total Current Assets	421 000	4 339 000	3 082 000	1 302 000
Total Assets	8 143 000	14 585 000	10 685 000	9 138 000
Total Equity	1 319 000	8 733 000	3 976 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 107 000	1 500 000	1 518 000	1 500 000
Creditors	959 000	123 000	1 710 000	1 855 000
Unpaid Taxes	371 000	328 000	148 000	175 000
Dividends	0	0	0	0
Other Current Debt	387 000	359 000	1 184 000	5 490 000
Total Current Debt	1 717 000	4 352 000	5 191 000	7 520 000
Total Equity and Debt	8 143 000	14 585 000	10 685 000	9 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−562,02 %	−29,02 %	−31,14 %	−2 156,78 %
Debt-to-Equity Ratio	3,87	0,17	0,38	12,71
Operating Profit Margin	−516,37 %	−266,13 %	−151,23 %	−306,86 %
Current Ratio	0,25	1	0,59	0,17
Quick Ratio	0,25	1	0,59	0,17
Equity Ratio	0,16	0,6	0,37	0,01
Gross Profit Margin	96,27 %	100 %	100 %	48,47 %