MILLI HEAT AS

1466 STRØMMEN

Finances

Share Ownership

Return on Equity

−41,9 %

Current Ratio

221,8

Debt-to-Equity Ratio

5,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 000	0	20 000	0
Net Income	−75 000	−129 000	−9 000	−18 000
Total Assets	1 191 000	1 260 000	39 000	52 000
Total Equity	179 000	254 000	−17 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 000	0	20 000	0
Expenditure	106 000	82 000	29 000	18 000
Operating Profit	−23 000	−82 000	−9 000	−18 000
Financial Income	0	0	0	0
Financial Costs	52 000	47 000	0	0
Financial Balance	−52 000	−47 000	0	0
Earnings Before Tax	−75 000	−129 000	−9 000	−18 000
Tax	0	0	0	0
Net Income	−75 000	−129 000	−9 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	106 000	0	0
Total Current Assets	1 109 000	1 154 000	39 000	52 000
Total Assets	1 191 000	1 260 000	39 000	52 000
Total Retained Equity	−246 000	−171 000	−42 000	−33 000
Total Equity	179 000	254 000	−17 000	−8 000
Total Long-Term Debt	1 008 000	1 311 000	50 000	50 000
Total Current Debt	5 000	−305 000	6 000	10 000
Total Equity and Debt	1 191 000	1 260 000	39 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 000	0	20 000	0
Other Income	0	0	0	0
Revenue	83 000	0	20 000	0
Cost of Goods Sold	37 000	0	20 000	6 000
Salary Costs	0	0	0	0
Depreciation	24 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	106 000	82 000	29 000	18 000
Operating Profit	−23 000	−82 000	−9 000	−18 000
Financial Income	0	0	0	0
Financial Costs	52 000	47 000	0	0
Financial Balance	−52 000	−47 000	0	0
Dividends	0	0	0	0
Net Income	−75 000	−129 000	−9 000	−18 000

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	82 000	106 000	0	0
Total Tangible Assets	82 000	106 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	82 000	106 000	0	0
Stock	1 100 000	1 137 000	0	20 000
Total Investments	0	0	0	0
Cash, Bank	9 000	17 000	39 000	32 000
Total Current Assets	1 109 000	1 154 000	39 000	52 000
Total Assets	1 191 000	1 260 000	39 000	52 000
Total Equity	179 000	254 000	−17 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 008 000	1 311 000	50 000	50 000
Creditors	3 000	14 000	6 000	0
Unpaid Taxes	1 000	−319 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	10 000
Total Current Debt	5 000	−305 000	6 000	10 000
Total Equity and Debt	1 191 000	1 260 000	39 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,9 %	−50,79 %	52,94 %	225 %
Debt-to-Equity Ratio	5,63	5,16	−2,94	−6,25
Operating Profit Margin	−27,71 %	-	−45 %	-
Current Ratio	221,8	−3,78	6,5	5,2
Quick Ratio	−1,01	−0,8	6,5	−5,2
Equity Ratio	0,15	0,2	−0,44	−0,15
Gross Profit Margin	55,42 %	-	0 %	-