WARM SYSTEMS AS

0254 OSLO

Finances

Return on Equity

−64,53 %

Current Ratio

3,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 840 000	5 926 000	8 541 000	11 911 000
Net Income	−1 281 000	2 120 000	4 348 000	2 243 000
Total Assets	2 754 000	2 299 000	6 300 000	4 103 000
Total Equity	1 985 000	774 000	148 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 840 000	5 926 000	8 541 000	11 911 000
Expenditure	6 120 000	3 165 000	2 958 000	8 987 000
Operating Profit	−1 280 000	2 760 000	5 582 000	2 923 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	2 000	5 000	8 000	4 000
Financial Balance	−1 000	−5 000	−6 000	−1 000
Earnings Before Tax	−1 281 000	2 756 000	5 576 000	2 923 000
Tax	0	636 000	1 228 000	680 000
Net Income	−1 281 000	2 120 000	4 348 000	2 243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	107 000	325 000	327 000
Total Current Assets	2 646 000	2 191 000	5 975 000	3 776 000
Total Assets	2 754 000	2 299 000	6 300 000	4 103 000
Total Retained Equity	−607 000	674 000	53 000	55 000
Total Equity	1 985 000	774 000	148 000	150 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	769 000	1 525 000	6 151 000	3 952 000
Total Equity and Debt	2 754 000	2 299 000	6 300 000	4 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 835 000	5 926 000	8 541 000	11 911 000
Other Income	5 000	0	0	0
Revenue	4 840 000	5 926 000	8 541 000	11 911 000
Cost of Goods Sold	0	0	0	83 000
Salary Costs	1 926 000	1 215 000	864 000	4 152 000
Depreciation	0	0	0	0
Impairment	0	213 000	0	0
Expenditure	6 120 000	3 165 000	2 958 000	8 987 000
Operating Profit	−1 280 000	2 760 000	5 582 000	2 923 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	2 000	5 000	8 000	4 000
Financial Balance	−1 000	−5 000	−6 000	−1 000
Dividends	0	1 500 000	4 350 000	3 100 000
Net Income	−1 281 000	2 120 000	4 348 000	2 243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	100 000	318 000	319 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	107 000	107 000	325 000	327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 022 000	1 639 000	5 241 000	2 747 000
Total Current Assets	2 646 000	2 191 000	5 975 000	3 776 000
Total Assets	2 754 000	2 299 000	6 300 000	4 103 000
Total Equity	1 985 000	774 000	148 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	190 000	424 000	197 000	184 000
Unpaid Taxes	215 000	138 000	251 000	626 000
Dividends	0	1 500 000	4 350 000	3 100 000
Other Current Debt	364 000	332 000	127 000	296 000
Total Current Debt	769 000	1 525 000	6 151 000	3 952 000
Total Equity and Debt	2 754 000	2 299 000	6 300 000	4 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,53 %	273,9 %	2 937,84 %	1 495,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−26,45 %	46,57 %	65,36 %	24,54 %
Current Ratio	3,44	1,44	0,97	0,96
Quick Ratio	3,44	1,44	0,97	0,96
Equity Ratio	0,72	0,34	0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	99,3 %