GREEN HEAT AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

−25,53 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	130 000	241 000	90 000
Net Income	−36 000	53 000	55 000	−97 000
Total Assets	264 000	342 000	193 000	33 000
Total Equity	141 000	177 000	−40 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	130 000	241 000	90 000
Expenditure	17 000	115 000	187 000	187 000
Operating Profit	−17 000	16 000	55 000	−97 000
Financial Income	0	0	0	0
Financial Costs	19 000	9 000	0	0
Financial Balance	−19 000	−9 000	0	0
Earnings Before Tax	−36 000	7 000	55 000	−97 000
Tax	0	−46 000	0	0
Net Income	−36 000	53 000	55 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	264 000	342 000	193 000	33 000
Total Assets	264 000	342 000	193 000	33 000
Total Retained Equity	−623 000	−587 000	−640 000	−695 000
Total Equity	141 000	177 000	−40 000	−95 000
Total Long-Term Debt	15 000	75 000	0	0
Total Current Debt	108 000	90 000	233 000	128 000
Total Equity and Debt	264 000	342 000	193 000	33 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	130 000	116 000	0
Other Income	0	0	125 000	90 000
Revenue	0	130 000	241 000	90 000
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	17 000	115 000	187 000	187 000
Operating Profit	−17 000	16 000	55 000	−97 000
Financial Income	0	0	0	0
Financial Costs	19 000	9 000	0	0
Financial Balance	−19 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	−36 000	53 000	55 000	−97 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	40 000	5 000	4 000
Total Current Assets	264 000	342 000	193 000	33 000
Total Assets	264 000	342 000	193 000	33 000
Total Equity	141 000	177 000	−40 000	−95 000
Short-Term Group Debt	104 000	68 000	222 000	80 000
Total Long-Term Debt	15 000	75 000	0	0
Creditors	4 000	14 000	11 000	34 000
Unpaid Taxes	0	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	0	13 000
Total Current Debt	108 000	90 000	233 000	128 000
Total Equity and Debt	264 000	342 000	193 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,53 %	29,94 %	−137,5 %	102,11 %
Debt-to-Equity Ratio	0,11	0,42	−0	−0
Operating Profit Margin	-	12,31 %	22,82 %	−107,78 %
Current Ratio	2,44	3,8	0,83	0,26
Quick Ratio	2,44	3,8	0,83	0,26
Equity Ratio	0,53	0,52	−0,21	−2,88
Gross Profit Margin	-	100 %	100 %	100 %