T.E HEAT INVEST AS

4325 SANDNES

Finances

Return on Equity

10,03 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	30 000	448 000	243 000	8 000
Total Assets	345 000	825 000	585 000	350 000
Total Equity	299 000	269 000	−179 000	−422 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	0	−5 000
Operating Profit	0	0	0	5 000
Financial Income	30 000	501 000	270 000	35 000
Financial Costs	0	53 000	27 000	32 000
Financial Balance	30 000	448 000	243 000	3 000
Earnings Before Tax	30 000	448 000	243 000	9 000
Tax	0	0	0	0
Net Income	30 000	448 000	243 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	315 000	315 000	315 000
Total Current Assets	0	510 000	270 000	35 000
Total Assets	345 000	825 000	585 000	350 000
Total Retained Equity	159 000	129 000	−319 000	−562 000
Total Equity	299 000	269 000	−179 000	−422 000
Total Long-Term Debt	0	0	196 000	196 000
Total Current Debt	46 000	556 000	569 000	576 000
Total Equity and Debt	345 000	825 000	585 000	350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	−5 000
Operating Profit	0	0	0	5 000
Financial Income	30 000	501 000	270 000	35 000
Financial Costs	0	53 000	27 000	32 000
Financial Balance	30 000	448 000	243 000	3 000
Dividends	0	0	0	0
Net Income	30 000	448 000	243 000	8 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	345 000	315 000	315 000	315 000
Total Fixed Assets	345 000	315 000	315 000	315 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	510 000	270 000	35 000
Total Assets	345 000	825 000	585 000	350 000
Total Equity	299 000	269 000	−179 000	−422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	196 000	196 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	46 000	556 000	569 000	576 000
Total Current Debt	46 000	556 000	569 000	576 000
Total Equity and Debt	345 000	825 000	585 000	350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,03 %	166,54 %	−135,75 %	−1,9 %
Debt-to-Equity Ratio	0	0	−1,09	−0,46
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,92	0,47	0,06
Quick Ratio	0	0,92	0,47	0,06
Equity Ratio	0,87	0,33	−0,31	−1,21
Gross Profit Margin	-	-	-	-