HEATEC AS

7300 ORKANGER

Finances

Return on Equity

32,17 %

Current Ratio

N/A

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	934 000	1 458 000	−162 000	141 000
Total Assets	7 514 000	7 644 000	6 036 000	6 048 000
Total Equity	2 903 000	1 969 000	511 000	673 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 000	10 000	13 000	13 000
Operating Profit	−11 000	−10 000	−13 000	−13 000
Financial Income	1 079 000	1 618 000	1 000	304 000
Financial Costs	134 000	150 000	150 000	150 000
Financial Balance	945 000	1 468 000	−149 000	154 000
Earnings Before Tax	934 000	1 458 000	−162 000	141 000
Tax	0	0	0	0
Net Income	934 000	1 458 000	−162 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 010 000	5 250 000	5 250 000	5 250 000
Total Current Assets	1 504 000	2 394 000	786 000	798 000
Total Assets	7 514 000	7 644 000	6 036 000	6 048 000
Total Retained Equity	2 703 000	1 769 000	311 000	473 000
Total Equity	2 903 000	1 969 000	511 000	673 000
Total Long-Term Debt	4 611 000	5 675 000	5 525 000	5 375 000
Total Current Debt	0	0	0	0
Total Equity and Debt	7 514 000	7 644 000	6 036 000	6 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	10 000	13 000	13 000
Operating Profit	−11 000	−10 000	−13 000	−13 000
Financial Income	1 079 000	1 618 000	1 000	304 000
Financial Costs	134 000	150 000	150 000	150 000
Financial Balance	945 000	1 468 000	−149 000	154 000
Dividends	0	0	0	0
Net Income	934 000	1 458 000	−162 000	141 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 010 000	5 250 000	5 250 000	5 250 000
Total Fixed Assets	6 010 000	5 250 000	5 250 000	5 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	477 000	486 000	498 000
Total Current Assets	1 504 000	2 394 000	786 000	798 000
Total Assets	7 514 000	7 644 000	6 036 000	6 048 000
Total Equity	2 903 000	1 969 000	511 000	673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 611 000	5 675 000	5 525 000	5 375 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	7 514 000	7 644 000	6 036 000	6 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,17 %	74,05 %	−31,7 %	20,95 %
Debt-to-Equity Ratio	1,59	2,88	10,81	7,99
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	0,39	0,26	0,08	0,11
Gross Profit Margin	-	-	-	-