MILJØVARME AS

6723 SVELGEN

Finances

Share Ownership

Return on Equity

9,89 %

Current Ratio

0,4

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 366 000	1 160 000	912 000	596 000
Net Income	189 000	275 000	283 000	−126 000
Total Assets	10 063 000	5 628 000	3 707 000	3 257 000
Total Equity	1 911 000	1 722 000	1 447 000	1 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 366 000	1 160 000	912 000	596 000
Expenditure	879 000	779 000	484 000	595 000
Operating Profit	487 000	381 000	428 000	1 000
Financial Income	0	0	0	0
Financial Costs	228 000	93 000	110 000	127 000
Financial Balance	−228 000	−93 000	−110 000	−127 000
Earnings Before Tax	259 000	288 000	318 000	−126 000
Tax	70 000	13 000	35 000	0
Net Income	189 000	275 000	283 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 759 000	3 745 000	3 187 000	3 040 000
Total Current Assets	1 304 000	1 883 000	520 000	217 000
Total Assets	10 063 000	5 628 000	3 707 000	3 257 000
Total Retained Equity	911 000	722 000	447 000	164 000
Total Equity	1 911 000	1 722 000	1 447 000	1 164 000
Total Long-Term Debt	4 907 000	3 868 000	2 143 000	2 047 000
Total Current Debt	3 246 000	39 000	116 000	46 000
Total Equity and Debt	10 063 000	5 628 000	3 707 000	3 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 366 000	1 160 000	912 000	596 000
Other Income	0	0	0	0
Revenue	1 366 000	1 160 000	912 000	596 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 000	42 000	42 000	42 000
Depreciation	266 000	187 000	187 000	187 000
Impairment	0	0	0	0
Expenditure	879 000	779 000	484 000	595 000
Operating Profit	487 000	381 000	428 000	1 000
Financial Income	0	0	0	0
Financial Costs	228 000	93 000	110 000	127 000
Financial Balance	−228 000	−93 000	−110 000	−127 000
Dividends	0	0	0	0
Net Income	189 000	275 000	283 000	−126 000

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	8 759 000	3 745 000	3 187 000	3 040 000
Fixtures	0	0	0	0
Total Tangible Assets	8 759 000	3 745 000	3 187 000	3 040 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 759 000	3 745 000	3 187 000	3 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	1 613 000	310 000	141 000
Total Current Assets	1 304 000	1 883 000	520 000	217 000
Total Assets	10 063 000	5 628 000	3 707 000	3 257 000
Total Equity	1 911 000	1 722 000	1 447 000	1 164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 907 000	3 868 000	2 143 000	2 047 000
Creditors	3 200 000	11 000	9 000	5 000
Unpaid Taxes	5 000	14 000	72 000	41 000
Dividends	0	0	0	0
Other Current Debt	20 000	0	0	0
Total Current Debt	3 246 000	39 000	116 000	46 000
Total Equity and Debt	10 063 000	5 628 000	3 707 000	3 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,89 %	15,97 %	19,56 %	−10,82 %
Debt-to-Equity Ratio	2,57	2,25	1,48	1,76
Operating Profit Margin	35,65 %	32,84 %	46,93 %	0,17 %
Current Ratio	0,4	48,28	4,48	4,72
Quick Ratio	0,4	48,28	4,48	4,72
Equity Ratio	0,19	0,31	0,39	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %