Heat pump system (100) comprising a heat medium circuit (210,220,230,240,250,310,320,410,420,430,440,450,460) in turn comprising at least three heat exchanging means (314,315,315,422,433,452) between the heat medium and a respective heat source or sink selected from outdoor air, a water body, the ground, indoor air, pool water or tap water, a valve means (311,312,313,421,431,451) arranged to selectively direct the heat medium to at least two of said heat exchanging means, and a control means (500). The invention is characterized in that the heat pump system comprises temperature sensors (314a,314b;315a,315b;316a,316b;423,424,425;432,434,435) both upstream and downstream of at least one of said heat exchanging means, in that the system determines, based upon temperature measurement values comprising at least one value read from said sensors, to what heat exchanging means the heat medium is to be directed, and in that when heat medium is not directed to a certain heat exchanging means a measured temperature value is read upstream and downstream of the certain heat exchanging means, and in that an alert is set off in case the values differ by more than a predetermined value. The invention also relates to a method.