HEADZ AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

20,41 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 243 000	2 160 000	977 000
Net Income	130 000	350 000	127 000
Total Assets	1 546 000	1 508 000	902 000
Total Equity	637 000	507 000	157 000

Income (NOK)	2022	2021	2020
Revenue	2 243 000	2 160 000	977 000
Expenditure	2 064 000	1 707 000	807 000
Operating Profit	180 000	453 000	169 000
Financial Income	0	0	0
Financial Costs	9 000	3 000	2 000
Financial Balance	−9 000	−3 000	−2 000
Earnings Before Tax	171 000	451 000	168 000
Tax	41 000	101 000	40 000
Net Income	130 000	350 000	127 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	109 000	152 000	196 000
Total Current Assets	1 437 000	1 355 000	706 000
Total Assets	1 546 000	1 508 000	902 000
Total Retained Equity	607 000	477 000	127 000
Total Equity	637 000	507 000	157 000
Total Long-Term Debt	0	0	0
Total Current Debt	909 000	1 001 000	745 000
Total Equity and Debt	1 546 000	1 508 000	902 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 673 000	1 535 000	824 000
Other Income	570 000	625 000	153 000
Revenue	2 243 000	2 160 000	977 000
Cost of Goods Sold	498 000	294 000	115 000
Salary Costs	923 000	843 000	314 000
Depreciation	44 000	44 000	22 000
Impairment	0	0	0
Expenditure	2 064 000	1 707 000	807 000
Operating Profit	180 000	453 000	169 000
Financial Income	0	0	0
Financial Costs	9 000	3 000	2 000
Financial Balance	−9 000	−3 000	−2 000
Dividends	0	0	0
Net Income	130 000	350 000	127 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	109 000	152 000	196 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	109 000	152 000	196 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	109 000	152 000	196 000
Stock	320 000	168 000	66 000
Total Investments	0	0	0
Cash, Bank	1 118 000	1 180 000	640 000
Total Current Assets	1 437 000	1 355 000	706 000
Total Assets	1 546 000	1 508 000	902 000
Total Equity	637 000	507 000	157 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	78 000	118 000	58 000
Unpaid Taxes	142 000	156 000	104 000
Dividends	0	0	0
Other Current Debt	648 000	626 000	542 000
Total Current Debt	909 000	1 001 000	745 000
Total Equity and Debt	1 546 000	1 508 000	902 000

Financial indicators	2022	2021	2020
Return on Equity	20,41 %	69,03 %	80,89 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	8,02 %	20,97 %	17,3 %
Current Ratio	1,58	1,35	0,95
Quick Ratio	2,44	1,63	1,04
Equity Ratio	0,41	0,34	0,17
Gross Profit Margin	77,8 %	86,39 %	88,23 %