MILJØVARME HADELAND AS

2743 HARESTUA

Finances

Share Ownership

Return on Equity

8,17 %

Current Ratio

2,09

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 008 000	6 142 000	3 345 000	3 998 000
Net Income	624 000	1 134 000	−910 000	−648 000
Total Assets	24 138 000	24 407 000	24 009 000	25 964 000
Total Equity	7 634 000	7 010 000	5 876 000	6 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 008 000	6 142 000	3 345 000	3 998 000
Expenditure	5 601 000	4 449 000	3 537 000	3 975 000
Operating Profit	1 407 000	1 693 000	−191 000	23 000
Financial Income	0	18 000	0	2 000
Financial Costs	784 000	577 000	719 000	672 000
Financial Balance	−784 000	−559 000	−719 000	−670 000
Earnings Before Tax	624 000	1 134 000	−910 000	−648 000
Tax	0	0	0	0
Net Income	624 000	1 134 000	−910 000	−648 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 838 000	22 881 000	22 515 000	22 777 000
Total Current Assets	2 301 000	1 526 000	1 495 000	3 187 000
Total Assets	24 138 000	24 407 000	24 009 000	25 964 000
Total Retained Equity	−1 529 000	−2 153 000	−3 286 000	−2 377 000
Total Equity	7 634 000	7 010 000	5 876 000	6 786 000
Total Long-Term Debt	15 402 000	16 273 000	16 624 000	17 469 000
Total Current Debt	1 102 000	1 124 000	1 508 000	1 710 000
Total Equity and Debt	24 138 000	24 407 000	24 009 000	25 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 008 000	6 142 000	3 345 000	3 998 000
Other Income	0	0	0	0
Revenue	7 008 000	6 142 000	3 345 000	3 998 000
Cost of Goods Sold	2 859 000	2 196 000	2 091 000	2 366 000
Salary Costs	0	0	0	0
Depreciation	1 427 000	1 427 000	881 000	861 000
Impairment	0	0	0	0
Expenditure	5 601 000	4 449 000	3 537 000	3 975 000
Operating Profit	1 407 000	1 693 000	−191 000	23 000
Financial Income	0	18 000	0	2 000
Financial Costs	784 000	577 000	719 000	672 000
Financial Balance	−784 000	−559 000	−719 000	−670 000
Dividends	0	0	0	0
Net Income	624 000	1 134 000	−910 000	−648 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 838 000	22 881 000	22 515 000	22 777 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 838 000	22 881 000	22 515 000	22 777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 838 000	22 881 000	22 515 000	22 777 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	258 000	42 000	63 000	904 000
Total Current Assets	2 301 000	1 526 000	1 495 000	3 187 000
Total Assets	24 138 000	24 407 000	24 009 000	25 964 000
Total Equity	7 634 000	7 010 000	5 876 000	6 786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 402 000	16 273 000	16 624 000	17 469 000
Creditors	763 000	1 124 000	1 493 000	1 695 000
Unpaid Taxes	270 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	0	15 000	15 000
Total Current Debt	1 102 000	1 124 000	1 508 000	1 710 000
Total Equity and Debt	24 138 000	24 407 000	24 009 000	25 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,17 %	16,18 %	−15,49 %	−9,55 %
Debt-to-Equity Ratio	2,02	2,32	2,83	2,57
Operating Profit Margin	20,08 %	27,56 %	−5,71 %	0,58 %
Current Ratio	2,09	1,36	0,99	1,86
Quick Ratio	2,09	1,36	0,99	1,86
Equity Ratio	0,32	0,29	0,24	0,26
Gross Profit Margin	59,2 %	64,25 %	37,49 %	40,82 %