HEAD ENERGY BRANNCON AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

54,77 %

Current Ratio

1,05

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 497 000	14 963 000	14 931 000	15 761 000
Net Income	1 574 000	1 907 000	2 418 000	3 357 000
Total Assets	12 768 000	10 530 000	12 298 000	8 182 000
Total Equity	2 874 000	800 000	1 679 000	1 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 497 000	14 963 000	14 931 000	15 761 000
Expenditure	12 245 000	12 320 000	11 718 000	11 444 000
Operating Profit	2 252 000	2 643 000	3 213 000	4 316 000
Financial Income	9 000	1 000	1 000	4 000
Financial Costs	244 000	199 000	113 000	16 000
Financial Balance	−235 000	−198 000	−112 000	−12 000
Earnings Before Tax	2 017 000	2 445 000	3 101 000	4 304 000
Tax	444 000	538 000	683 000	947 000
Net Income	1 574 000	1 907 000	2 418 000	3 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 702 000	6 503 000	6 368 000	886 000
Total Current Assets	5 067 000	4 027 000	5 930 000	7 295 000
Total Assets	12 768 000	10 530 000	12 298 000	8 182 000
Total Retained Equity	774 000	2 350 000	1 579 000	1 061 000
Total Equity	2 874 000	800 000	1 679 000	1 161 000
Total Long-Term Debt	5 091 000	5 420 000	5 523 000	138 000
Total Current Debt	4 804 000	4 310 000	5 097 000	6 883 000
Total Equity and Debt	12 768 000	10 530 000	12 298 000	8 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 497 000	14 963 000	14 931 000	15 761 000
Other Income	0	0	0	0
Revenue	14 497 000	14 963 000	14 931 000	15 761 000
Cost of Goods Sold	137 000	0	174 000	439 000
Salary Costs	8 906 000	9 306 000	9 178 000	8 928 000
Depreciation	710 000	476 000	307 000	232 000
Impairment	38 000	0	0	0
Expenditure	12 245 000	12 320 000	11 718 000	11 444 000
Operating Profit	2 252 000	2 643 000	3 213 000	4 316 000
Financial Income	9 000	1 000	1 000	4 000
Financial Costs	244 000	199 000	113 000	16 000
Financial Balance	−235 000	−198 000	−112 000	−12 000
Dividends	2 800 000	1 136 000	1 900 000	3 350 000
Net Income	1 574 000	1 907 000	2 418 000	3 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 633 000	0	0	0
Total Intangible Assets	1 680 000	61 000	43 000	36 000
Real Eastate	5 616 000	5 729 000	5 782 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	406 000	713 000	543 000	850 000
Total Tangible Assets	6 022 000	6 442 000	6 325 000	850 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 702 000	6 503 000	6 368 000	886 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	564 000	1 207 000	3 158 000	4 381 000
Total Current Assets	5 067 000	4 027 000	5 930 000	7 295 000
Total Assets	12 768 000	10 530 000	12 298 000	8 182 000
Total Equity	2 874 000	800 000	1 679 000	1 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 091 000	5 420 000	5 523 000	138 000
Creditors	217 000	0	298 000	404 000
Unpaid Taxes	1 176 000	1 300 000	1 309 000	1 307 000
Dividends	2 800 000	1 136 000	1 900 000	3 350 000
Other Current Debt	1 481 000	1 319 000	901 000	903 000
Total Current Debt	4 804 000	4 310 000	5 097 000	6 883 000
Total Equity and Debt	12 768 000	10 530 000	12 298 000	8 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,77 %	238,38 %	144,01 %	289,15 %
Debt-to-Equity Ratio	1,77	6,78	3,29	0,12
Operating Profit Margin	15,53 %	17,66 %	21,52 %	27,38 %
Current Ratio	1,05	0,93	1,16	1,06
Quick Ratio	1,05	0,93	1,16	1,06
Equity Ratio	0,23	0,08	0,14	0,14
Gross Profit Margin	99,05 %	100 %	98,83 %	97,21 %