HEAD ENERGY PA AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

156,25 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 819 000	45 499 000	35 433 000	22 876 000
Net Income	3 789 000	1 415 000	2 036 000	902 000
Total Assets	23 488 000	12 786 000	11 113 000	7 114 000
Total Equity	2 425 000	836 000	721 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 819 000	45 499 000	35 433 000	22 876 000
Expenditure	60 942 000	43 683 000	32 834 000	21 753 000
Operating Profit	4 877 000	1 816 000	2 599 000	1 124 000
Financial Income	98 000	10 000	19 000	39 000
Financial Costs	27 000	11 000	8 000	5 000
Financial Balance	71 000	−1 000	11 000	34 000
Earnings Before Tax	4 948 000	1 815 000	2 610 000	1 157 000
Tax	1 158 000	400 000	574 000	256 000
Net Income	3 789 000	1 415 000	2 036 000	902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	35 000	0	17 000
Total Current Assets	23 472 000	12 751 000	11 113 000	7 097 000
Total Assets	23 488 000	12 786 000	11 113 000	7 114 000
Total Retained Equity	2 287 000	698 000	583 000	147 000
Total Equity	2 425 000	836 000	721 000	285 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	21 063 000	11 949 000	10 392 000	6 829 000
Total Equity and Debt	23 488 000	12 786 000	11 113 000	7 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 084 000	45 499 000	35 433 000	22 876 000
Other Income	1 735 000	0	0	0
Revenue	65 819 000	45 499 000	35 433 000	22 876 000
Cost of Goods Sold	18 841 000	9 372 000	3 306 000	2 238 000
Salary Costs	35 220 000	29 886 000	25 294 000	16 206 000
Depreciation	20 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	60 942 000	43 683 000	32 834 000	21 753 000
Operating Profit	4 877 000	1 816 000	2 599 000	1 124 000
Financial Income	98 000	10 000	19 000	39 000
Financial Costs	27 000	11 000	8 000	5 000
Financial Balance	71 000	−1 000	11 000	34 000
Dividends	2 200 000	1 300 000	1 600 000	800 000
Net Income	3 789 000	1 415 000	2 036 000	902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	35 000	0	0
Total Tangible Assets	15 000	35 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	35 000	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 634 000	1 283 000	1 193 000	784 000
Total Current Assets	23 472 000	12 751 000	11 113 000	7 097 000
Total Assets	23 488 000	12 786 000	11 113 000	7 114 000
Total Equity	2 425 000	836 000	721 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	2 510 000	1 308 000	566 000	215 000
Unpaid Taxes	4 690 000	3 581 000	3 369 000	2 254 000
Dividends	2 200 000	1 300 000	1 600 000	800 000
Other Current Debt	10 502 000	5 362 000	4 300 000	3 288 000
Total Current Debt	21 063 000	11 949 000	10 392 000	6 829 000
Total Equity and Debt	23 488 000	12 786 000	11 113 000	7 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,25 %	169,26 %	282,39 %	316,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,41 %	3,99 %	7,33 %	4,91 %
Current Ratio	1,11	1,07	1,07	1,04
Quick Ratio	1,11	1,07	1,07	1,04
Equity Ratio	0,1	0,07	0,06	0,04
Gross Profit Margin	71,37 %	79,4 %	90,67 %	90,22 %