The present study concerns an experimental study of a R-22 heat pump system consisted of liquid and liquid heat exchangers. The test was performed for various systems of a single-, tandem-, and two stage-cycle at the same environmental conditions of temperature. Various experiments of the heat pump system were peformed to compare the heating capacity and COP, when the outdoor temperature is near $-15^{circ}C$ and the indoor temperature is $20^{circ}C.$ As the results of the present study, the system of Tandem(parallel) cycle showed the best heating performance, while the discharge temperature of refrigerant was too high. In case of the system of two stage cycle, the performance characteristics were significantly improved by employing the inter cooler.