About
Heat pump startup developing RenewaBoiler: The Heat Pump for Radiators
- Bloomington, United States of America
- Legal Name: 2040 Energy, INC
- Company ID: 86-2890053
- Year Founded: —
- Industry: Renewables & Environment
- Website: —
- SEC Filings
Highlights
$4.5M
CF Valuation
$0
Total Raised
$0
Revenue
1
Employees
Indicators
Profit Margin
0%
(0%)
2022: 0%
Current Ratio
0.29
(-74.1%)
2022: 1.12
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$49,094 | -$46,018 | 7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$49,094 | -$46,018 | 7% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $17,992 | $56,001 | -68% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $17,992 | $56,001 | -68% |
| Other Assets | $0 | $0 | — |
| Total Assets | $17,992 | $56,001 | -68% |
| Short Term debt | $61,085 | $50,000 | 22% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $61,085 | $50,000 | 22% |
| Other Liabilities | -$43,093 | $6,001 | -818% |
| Total Liabilities | $17,992 | $56,001 | -68% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$49,094 | -$46,018 | 7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$49,094 | -$46,018 | 7% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $17,992 | $56,001 | -68% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $17,992 | $56,001 | -68% |
| Other Assets | $0 | $0 | — |
| Total Assets | $17,992 | $56,001 | -68% |
| Short Term debt | $61,085 | $50,000 | 22% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $61,085 | $50,000 | 22% |
| Other Liabilities | -$43,093 | $6,001 | -818% |
| Total Liabilities | $17,992 | $56,001 | -68% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$49,094 | -$46,018 | 7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$49,094 | -$46,018 | 7% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $17,992 | $56,001 | -68% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $17,992 | $56,001 | -68% |
| Other Assets | $0 | $0 | — |
| Total Assets | $17,992 | $56,001 | -68% |
| Short Term debt | $61,085 | $50,000 | 22% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $61,085 | $50,000 | 22% |
| Other Liabilities | -$43,093 | $6,001 | -818% |
| Total Liabilities | $17,992 | $56,001 | -68% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$49,094 | -$46,018 | 7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$49,094 | -$46,018 | 7% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $17,992 | $56,001 | -68% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $17,992 | $56,001 | -68% |
| Other Assets | $0 | $0 | — |
| Total Assets | $17,992 | $56,001 | -68% |
| Short Term debt | $61,085 | $50,000 | 22% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $61,085 | $50,000 | 22% |
| Other Liabilities | -$43,093 | $6,001 | -818% |
| Total Liabilities | $17,992 | $56,001 | -68% |
Indicators
Profit Margin
0%
(0%)
2022: 0%
Current Ratio
0.29
(-74.1%)
2022: 1.12
Efficiency Ratio
∞
(0%)
2022: ∞
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | ∞ | ∞ |
| Profit Margin | 0% | 0% |
| Current Ratio | 0% | 1% |
| Efficiency Ratio | ∞ | ∞ |
| Solvency Ratio | -80% | -92% |
| Debt Ratio | 340% | 89% |
Funding History
1 Funding Round
$102,350Total Raised
$4,500,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $102,350 | Wefunder | SAFE | $4M cap | — | SEC Reg CF | 227 days | May 17, 2024 |
