HEAT PARTNERS AS

0161 OSLO

Finances

Return on Equity

5,82 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	273 611 000	196 876 000	119 445 000	125 315 000
Net Income	4 926 000	−2 882 000	−11 387 000	2 185 000
Total Assets	232 561 000	256 014 000	209 796 000	215 360 000
Total Equity	84 659 000	79 249 000	82 021 000	91 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	273 611 000	196 876 000	119 445 000	125 315 000
Expenditure	265 492 000	199 798 000	128 123 000	120 233 000
Operating Profit	8 119 000	−2 923 000	−8 678 000	5 081 000
Financial Income	11 664 000	2 836 000	429 000	115 000
Financial Costs	14 452 000	3 423 000	6 109 000	2 419 000
Financial Balance	−2 788 000	−587 000	−5 680 000	−2 304 000
Earnings Before Tax	5 331 000	−3 509 000	−14 358 000	2 777 000
Tax	405 000	−628 000	−2 972 000	592 000
Net Income	4 926 000	−2 882 000	−11 387 000	2 185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 182 000	127 535 000	134 666 000	111 589 000
Total Current Assets	109 379 000	128 479 000	75 130 000	103 771 000
Total Assets	232 561 000	256 014 000	209 796 000	215 360 000
Total Retained Equity	−6 240 000	−11 650 000	−7 678 000	2 361 000
Total Equity	84 659 000	79 249 000	82 021 000	91 110 000
Total Long-Term Debt	76 065 000	75 187 000	86 276 000	67 403 000
Total Current Debt	71 837 000	101 577 000	41 499 000	56 847 000
Total Equity and Debt	232 561 000	256 014 000	209 796 000	215 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 475 000	196 876 000	119 445 000	125 315 000
Other Income	135 000	0	0	0
Revenue	273 611 000	196 876 000	119 445 000	125 315 000
Cost of Goods Sold	184 357 000	135 188 000	78 818 000	74 261 000
Salary Costs	22 312 000	14 677 000	13 664 000	4 477 000
Depreciation	16 781 000	15 285 000	14 655 000	5 667 000
Impairment	0	0	0	0
Expenditure	265 492 000	199 798 000	128 123 000	120 233 000
Operating Profit	8 119 000	−2 923 000	−8 678 000	5 081 000
Financial Income	11 664 000	2 836 000	429 000	115 000
Financial Costs	14 452 000	3 423 000	6 109 000	2 419 000
Financial Balance	−2 788 000	−587 000	−5 680 000	−2 304 000
Dividends	0	0	0	0
Net Income	4 926 000	−2 882 000	−11 387 000	2 185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 993 000	17 260 000	0	0
Total Intangible Assets	123 098 000	127 259 000	134 355 000	111 068 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	276 000	311 000	521 000
Total Tangible Assets	84 000	276 000	311 000	521 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	123 182 000	127 535 000	134 666 000	111 589 000
Stock	53 198 000	41 664 000	13 657 000	24 541 000
Total Investments	0	0	0	0
Cash, Bank	10 997 000	4 799 000	13 941 000	17 281 000
Total Current Assets	109 379 000	128 479 000	75 130 000	103 771 000
Total Assets	232 561 000	256 014 000	209 796 000	215 360 000
Total Equity	84 659 000	79 249 000	82 021 000	91 110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 065 000	75 187 000	86 276 000	67 403 000
Creditors	17 276 000	28 113 000	5 258 000	10 605 000
Unpaid Taxes	7 603 000	10 338 000	3 725 000	6 247 000
Dividends	0	0	0	0
Other Current Debt	11 293 000	11 530 000	11 208 000	20 970 000
Total Current Debt	71 837 000	101 577 000	41 499 000	56 847 000
Total Equity and Debt	232 561 000	256 014 000	209 796 000	215 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,82 %	−3,64 %	−13,88 %	2,4 %
Debt-to-Equity Ratio	0,9	0,95	1,05	0,74
Operating Profit Margin	2,97 %	−1,48 %	−7,27 %	4,05 %
Current Ratio	1,52	1,26	1,81	1,83
Quick Ratio	5,87	2,14	2,7	3,21
Equity Ratio	0,36	0,31	0,39	0,42
Gross Profit Margin	32,62 %	31,33 %	34,01 %	40,74 %