HEAD ENERGY AS

5258 BLOMSTERDALEN

Finances

Return on Equity

55,23 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	981 506 000	648 562 000	485 703 000	460 411 000
Net Income	32 291 000	25 144 000	22 563 000	20 460 000
Total Assets	334 167 000	211 538 000	166 427 000	144 142 000
Total Equity	58 468 000	39 709 000	33 075 000	25 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	981 506 000	648 562 000	485 703 000	460 411 000
Expenditure	937 448 000	615 790 000	456 252 000	434 587 000
Operating Profit	44 058 000	32 773 000	29 452 000	25 823 000
Financial Income	2 019 000	715 000	844 000	991 000
Financial Costs	2 720 000	942 000	1 323 000	595 000
Financial Balance	−701 000	−227 000	−479 000	396 000
Earnings Before Tax	43 357 000	32 546 000	28 972 000	26 220 000
Tax	11 065 000	7 402 000	6 409 000	5 759 000
Net Income	32 291 000	25 144 000	22 563 000	20 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 118 000	20 901 000	10 955 000	4 235 000
Total Current Assets	289 049 000	190 636 000	155 473 000	139 907 000
Total Assets	334 167 000	211 538 000	166 427 000	144 142 000
Total Retained Equity	38 114 000	26 872 000	20 223 000	12 755 000
Total Equity	58 468 000	39 709 000	33 075 000	25 266 000
Total Long-Term Debt	5 736 000	345 000	823 000	273 000
Total Current Debt	269 963 000	171 484 000	132 529 000	118 603 000
Total Equity and Debt	334 167 000	211 538 000	166 427 000	144 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	981 506 000	648 562 000	485 703 000	460 411 000
Other Income	0	0	0	0
Revenue	981 506 000	648 562 000	485 703 000	460 411 000
Cost of Goods Sold	365 094 000	217 462 000	124 819 000	107 513 000
Salary Costs	521 333 000	371 547 000	306 115 000	300 124 000
Depreciation	6 769 000	2 140 000	933 000	779 000
Impairment	193 000	0	0	0
Expenditure	937 448 000	615 790 000	456 252 000	434 587 000
Operating Profit	44 058 000	32 773 000	29 452 000	25 823 000
Financial Income	2 019 000	715 000	844 000	991 000
Financial Costs	2 720 000	942 000	1 323 000	595 000
Financial Balance	−701 000	−227 000	−479 000	396 000
Dividends	23 191 000	17 917 000	16 302 000	10 657 000
Net Income	32 291 000	25 144 000	22 563 000	20 460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	15 148 000	146 000	183 000	0
Total Intangible Assets	20 323 000	5 766 000	1 766 000	1 085 000
Real Eastate	15 068 000	9 860 000	4 802 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 727 000	5 275 000	3 656 000	2 002 000
Total Tangible Assets	24 795 000	15 136 000	8 458 000	2 002 000
Total Fiancial Fixed Assets	0	0	731 000	1 149 000
Total Fixed Assets	45 118 000	20 901 000	10 955 000	4 235 000
Stock	446 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 959 000	25 381 000	43 344 000	19 051 000
Total Current Assets	289 049 000	190 636 000	155 473 000	139 907 000
Total Assets	334 167 000	211 538 000	166 427 000	144 142 000
Total Equity	58 468 000	39 709 000	33 075 000	25 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 736 000	345 000	823 000	273 000
Creditors	46 219 000	35 381 000	17 931 000	13 405 000
Unpaid Taxes	65 174 000	44 416 000	37 646 000	35 315 000
Dividends	23 191 000	17 917 000	16 302 000	10 657 000
Other Current Debt	122 607 000	67 427 000	55 307 000	54 036 000
Total Current Debt	269 963 000	171 484 000	132 529 000	118 603 000
Total Equity and Debt	334 167 000	211 538 000	166 427 000	144 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,23 %	63,32 %	68,22 %	80,98 %
Debt-to-Equity Ratio	0,1	0,01	0,02	0,01
Operating Profit Margin	4,49 %	5,05 %	6,06 %	5,61 %
Current Ratio	1,07	1,11	1,17	1,18
Quick Ratio	1,07	1,11	1,17	1,18
Equity Ratio	0,17	0,19	0,2	0,18
Gross Profit Margin	62,8 %	66,47 %	74,3 %	76,65 %