HEATEN AS

4630 KRISTIANSAND S

Finances

Return on Equity

−8,63 %

Current Ratio

16,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	153 000	104 000	55 000
Net Income	−10 775 000	−5 388 000	−2 403 000
Total Assets	129 586 000	96 853 000	7 308 000
Total Equity	124 873 000	82 650 000	2 138 000

Income (NOK)	2022	2021	2020
Revenue	153 000	104 000	55 000
Expenditure	15 420 000	6 978 000	3 135 000
Operating Profit	−15 266 000	−6 875 000	−3 080 000
Financial Income	475 000	2 000	0
Financial Costs	262 000	25 000	0
Financial Balance	213 000	−23 000	0
Earnings Before Tax	−15 053 000	−6 898 000	−3 080 000
Tax	−4 277 000	−1 510 000	−678 000
Net Income	−10 775 000	−5 388 000	−2 403 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	53 323 000	21 821 000	7 178 000
Total Current Assets	76 262 000	75 032 000	130 000
Total Assets	129 586 000	96 853 000	7 308 000
Total Retained Equity	0	−7 790 000	−2 403 000
Total Equity	124 873 000	82 650 000	2 138 000
Total Long-Term Debt	0	531 000	3 524 000
Total Current Debt	4 713 000	13 672 000	1 645 000
Total Equity and Debt	129 586 000	96 853 000	7 308 000

Cash flow (NOK)	2022	2021	2020
Sales Income	153 000	104 000	55 000
Other Income	0	0	0
Revenue	153 000	104 000	55 000
Cost of Goods Sold	0	210 000	0
Salary Costs	8 315 000	2 922 000	1 954 000
Depreciation	454 000	1 171 000	522 000
Impairment	0	0	0
Expenditure	15 420 000	6 978 000	3 135 000
Operating Profit	−15 266 000	−6 875 000	−3 080 000
Financial Income	475 000	2 000	0
Financial Costs	262 000	25 000	0
Financial Balance	213 000	−23 000	0
Dividends	0	0	0
Net Income	−10 775 000	−5 388 000	−2 403 000

Balance details (NOK)	2022	2021	2020
Goodwill	5 079 000	5 779 000	6 479 000
Total Intangible Assets	52 404 000	21 292 000	7 157 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	334 000	198 000	21 000
Total Tangible Assets	334 000	198 000	21 000
Total Fiancial Fixed Assets	585 000	331 000	0
Total Fixed Assets	53 323 000	21 821 000	7 178 000
Stock	0	0	0
Total Investments	0	0	30 000
Cash, Bank	57 294 000	71 425 000	15 000
Total Current Assets	76 262 000	75 032 000	130 000
Total Assets	129 586 000	96 853 000	7 308 000
Total Equity	124 873 000	82 650 000	2 138 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	531 000	3 524 000
Creditors	1 688 000	260 000	63 000
Unpaid Taxes	573 000	651 000	402 000
Dividends	0	0	0
Other Current Debt	2 452 000	12 761 000	1 180 000
Total Current Debt	4 713 000	13 672 000	1 645 000
Total Equity and Debt	129 586 000	96 853 000	7 308 000

Financial indicators	2022	2021	2020
Return on Equity	−8,63 %	−6,52 %	−112,39 %
Debt-to-Equity Ratio	0	0,01	1,65
Operating Profit Margin	−9 977,78 %	−6 610,58 %	−5 600 %
Current Ratio	16,18	5,49	0,08
Quick Ratio	16,18	5,49	0,08
Equity Ratio	0,96	0,85	0,29
Gross Profit Margin	100 %	−101,92 %	100 %