HEAD4MORE AS

0275 OSLO

Finances

Share Ownership

Return on Equity

31,98 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 125 000	19 439 000	19 109 000	18 085 000
Net Income	1 177 000	2 559 000	4 672 000	3 146 000
Total Assets	7 798 000	10 374 000	13 150 000	9 833 000
Total Equity	3 681 000	3 653 000	3 523 000	3 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 125 000	19 439 000	19 109 000	18 085 000
Expenditure	12 565 000	16 104 000	13 086 000	14 054 000
Operating Profit	1 559 000	3 335 000	6 023 000	4 031 000
Financial Income	23 000	11 000	13 000	26 000
Financial Costs	25 000	10 000	4 000	3 000
Financial Balance	−2 000	1 000	9 000	23 000
Earnings Before Tax	1 557 000	3 336 000	6 031 000	4 054 000
Tax	380 000	777 000	1 359 000	908 000
Net Income	1 177 000	2 559 000	4 672 000	3 146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	435 000	768 000	769 000	943 000
Total Current Assets	7 363 000	9 605 000	12 381 000	8 890 000
Total Assets	7 798 000	10 374 000	13 150 000	9 833 000
Total Retained Equity	3 574 000	3 547 000	3 416 000	3 044 000
Total Equity	3 681 000	3 653 000	3 523 000	3 150 000
Total Long-Term Debt	0	1 000	19 000	0
Total Current Debt	4 118 000	6 719 000	9 608 000	6 683 000
Total Equity and Debt	7 798 000	10 374 000	13 150 000	9 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 727 000	19 197 000	18 903 000	17 846 000
Other Income	397 000	242 000	205 000	239 000
Revenue	14 125 000	19 439 000	19 109 000	18 085 000
Cost of Goods Sold	2 201 000	2 355 000	1 993 000	2 055 000
Salary Costs	8 233 000	11 761 000	9 617 000	10 084 000
Depreciation	296 000	239 000	212 000	244 000
Impairment	0	0	0	0
Expenditure	12 565 000	16 104 000	13 086 000	14 054 000
Operating Profit	1 559 000	3 335 000	6 023 000	4 031 000
Financial Income	23 000	11 000	13 000	26 000
Financial Costs	25 000	10 000	4 000	3 000
Financial Balance	−2 000	1 000	9 000	23 000
Dividends	1 100 000	2 300 000	4 300 000	2 500 000
Net Income	1 177 000	2 559 000	4 672 000	3 146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	0	0	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	293 000	589 000	535 000	747 000
Total Tangible Assets	293 000	589 000	535 000	747 000
Total Fiancial Fixed Assets	111 000	179 000	234 000	179 000
Total Fixed Assets	435 000	768 000	769 000	943 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 981 000	7 004 000	7 092 000	6 163 000
Total Current Assets	7 363 000	9 605 000	12 381 000	8 890 000
Total Assets	7 798 000	10 374 000	13 150 000	9 833 000
Total Equity	3 681 000	3 653 000	3 523 000	3 150 000
Short-Term Group Debt	64 000	165 000	0	45 000
Total Long-Term Debt	0	1 000	19 000	0
Creditors	538 000	383 000	261 000	49 000
Unpaid Taxes	1 070 000	1 210 000	1 662 000	1 141 000
Dividends	1 100 000	2 300 000	4 300 000	2 500 000
Other Current Debt	947 000	1 902 000	2 063 000	1 992 000
Total Current Debt	4 118 000	6 719 000	9 608 000	6 683 000
Total Equity and Debt	7 798 000	10 374 000	13 150 000	9 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,98 %	70,05 %	132,61 %	99,87 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	11,04 %	17,16 %	31,52 %	22,29 %
Current Ratio	1,79	1,43	1,29	1,33
Quick Ratio	1,79	1,43	1,29	1,33
Equity Ratio	0,47	0,35	0,27	0,32
Gross Profit Margin	84,42 %	87,89 %	89,57 %	88,64 %