HEADLINE AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

52,05 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 269 000	2 309 000	2 142 000	2 196 000
Net Income	178 000	56 000	216 000	169 000
Total Assets	726 000	513 000	1 425 000	1 176 000
Total Equity	342 000	164 000	1 068 000	852 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 269 000	2 309 000	2 142 000	2 196 000
Expenditure	2 060 000	2 238 000	1 868 000	1 980 000
Operating Profit	228 000	71 000	275 000	216 000
Financial Income	0	0	2 000	3 000
Financial Costs	0	0	0	2 000
Financial Balance	0	0	2 000	1 000
Earnings Before Tax	228 000	72 000	277 000	216 000
Tax	50 000	16 000	61 000	48 000
Net Income	178 000	56 000	216 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	127 000	152 000	182 000
Total Current Assets	620 000	386 000	1 273 000	993 000
Total Assets	726 000	513 000	1 425 000	1 176 000
Total Retained Equity	242 000	64 000	968 000	752 000
Total Equity	342 000	164 000	1 068 000	852 000
Total Long-Term Debt	15 000	16 000	16 000	15 000
Total Current Debt	369 000	334 000	341 000	308 000
Total Equity and Debt	726 000	513 000	1 425 000	1 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 269 000	2 309 000	2 115 000	2 196 000
Other Income	0	0	27 000	0
Revenue	2 269 000	2 309 000	2 142 000	2 196 000
Cost of Goods Sold	171 000	221 000	160 000	200 000
Salary Costs	1 498 000	1 611 000	1 315 000	1 382 000
Depreciation	21 000	24 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	2 060 000	2 238 000	1 868 000	1 980 000
Operating Profit	228 000	71 000	275 000	216 000
Financial Income	0	0	2 000	3 000
Financial Costs	0	0	0	2 000
Financial Balance	0	0	2 000	1 000
Dividends	0	0	0	0
Net Income	178 000	56 000	216 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	127 000	152 000	182 000
Total Tangible Assets	107 000	127 000	152 000	182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	127 000	152 000	182 000
Stock	90 000	82 000	108 000	74 000
Total Investments	0	0	0	0
Cash, Bank	522 000	298 000	1 160 000	909 000
Total Current Assets	620 000	386 000	1 273 000	993 000
Total Assets	726 000	513 000	1 425 000	1 176 000
Total Equity	342 000	164 000	1 068 000	852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	16 000	16 000	15 000
Creditors	11 000	18 000	6 000	9 000
Unpaid Taxes	173 000	163 000	163 000	135 000
Dividends	0	0	0	0
Other Current Debt	134 000	138 000	111 000	121 000
Total Current Debt	369 000	334 000	341 000	308 000
Total Equity and Debt	726 000	513 000	1 425 000	1 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,05 %	34,15 %	20,22 %	19,84 %
Debt-to-Equity Ratio	0,04	0,1	0,01	0,02
Operating Profit Margin	10,05 %	3,07 %	12,84 %	9,84 %
Current Ratio	1,68	1,16	3,73	3,22
Quick Ratio	2,22	1,53	5,46	4,24
Equity Ratio	0,47	0,32	0,75	0,72
Gross Profit Margin	92,46 %	90,43 %	92,53 %	90,89 %