HEAT SUPPLY AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

−12,72 %

Current Ratio

1,9

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 280 000	3 586 000	2 198 000	1 066 000
Net Income	−36 000	90 000	3 000	−73 000
Total Assets	1 278 000	1 676 000	899 000	490 000
Total Equity	283 000	319 000	229 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 280 000	3 586 000	2 198 000	1 066 000
Expenditure	4 288 000	3 504 000	2 183 000	1 133 000
Operating Profit	−7 000	82 000	16 000	−68 000
Financial Income	32 000	23 000	11 000	2 000
Financial Costs	61 000	15 000	24 000	7 000
Financial Balance	−29 000	8 000	−13 000	−5 000
Earnings Before Tax	−36 000	90 000	3 000	−73 000
Tax	0	0	0	0
Net Income	−36 000	90 000	3 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	89 000	0	0
Total Current Assets	1 210 000	1 588 000	899 000	490 000
Total Assets	1 278 000	1 676 000	899 000	490 000
Total Retained Equity	−17 000	19 000	−71 000	−74 000
Total Equity	283 000	319 000	229 000	26 000
Total Long-Term Debt	359 000	297 000	126 000	226 000
Total Current Debt	637 000	1 060 000	544 000	239 000
Total Equity and Debt	1 278 000	1 676 000	899 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 120 000	3 574 000	2 198 000	1 066 000
Other Income	161 000	12 000	0	0
Revenue	4 280 000	3 586 000	2 198 000	1 066 000
Cost of Goods Sold	2 774 000	2 185 000	1 492 000	699 000
Salary Costs	659 000	641 000	362 000	215 000
Depreciation	20 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	4 288 000	3 504 000	2 183 000	1 133 000
Operating Profit	−7 000	82 000	16 000	−68 000
Financial Income	32 000	23 000	11 000	2 000
Financial Costs	61 000	15 000	24 000	7 000
Financial Balance	−29 000	8 000	−13 000	−5 000
Dividends	0	0	0	0
Net Income	−36 000	90 000	3 000	−73 000

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	69 000	89 000	0	0
Total Tangible Assets	69 000	89 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	89 000	0	0
Stock	768 000	597 000	374 000	215 000
Total Investments	0	0	0	0
Cash, Bank	118 000	5 000	96 000	49 000
Total Current Assets	1 210 000	1 588 000	899 000	490 000
Total Assets	1 278 000	1 676 000	899 000	490 000
Total Equity	283 000	319 000	229 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	359 000	297 000	126 000	226 000
Creditors	294 000	717 000	478 000	208 000
Unpaid Taxes	169 000	216 000	66 000	31 000
Dividends	0	0	0	0
Other Current Debt	174 000	84 000	0	0
Total Current Debt	637 000	1 060 000	544 000	239 000
Total Equity and Debt	1 278 000	1 676 000	899 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,72 %	28,21 %	1,31 %	−280,77 %
Debt-to-Equity Ratio	1,27	0,93	0,55	8,69
Operating Profit Margin	−0,16 %	2,29 %	0,73 %	−6,38 %
Current Ratio	1,9	1,5	1,65	2,05
Quick Ratio	−9,24	3,43	5,29	20,42
Equity Ratio	0,22	0,19	0,25	0,05
Gross Profit Margin	35,19 %	39,07 %	32,12 %	34,43 %