GLOBAL TECH NORWAY AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

−13,15 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 188 000	2 081 000	41 000	88 000
Net Income	137 000	−1 183 000	−25 000	15 000
Total Assets	212 000	278 000	3 000	29 000
Total Equity	−1 042 000	−1 179 000	4 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 188 000	2 081 000	41 000	88 000
Expenditure	1 017 000	3 263 000	65 000	72 000
Operating Profit	171 000	−1 182 000	−24 000	16 000
Financial Income	−6 000	0	1 000	0
Financial Costs	28 000	1 000	1 000	1 000
Financial Balance	−34 000	−1 000	0	−1 000
Earnings Before Tax	137 000	−1 183 000	−25 000	15 000
Tax	0	0	0	0
Net Income	137 000	−1 183 000	−25 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	20 000	0	0
Total Current Assets	192 000	258 000	3 000	29 000
Total Assets	212 000	278 000	3 000	29 000
Total Retained Equity	−1 072 000	−1 209 000	−26 000	−1 000
Total Equity	−1 042 000	−1 179 000	4 000	19 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 254 000	1 457 000	−2 000	10 000
Total Equity and Debt	212 000	278 000	3 000	29 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 188 000	2 081 000	40 000	88 000
Other Income	0	0	0	0
Revenue	1 188 000	2 081 000	41 000	88 000
Cost of Goods Sold	0	0	15 000	0
Salary Costs	733 000	2 599 000	14 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 017 000	3 263 000	65 000	72 000
Operating Profit	171 000	−1 182 000	−24 000	16 000
Financial Income	−6 000	0	1 000	0
Financial Costs	28 000	1 000	1 000	1 000
Financial Balance	−34 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	137 000	−1 183 000	−25 000	15 000

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	20 000	20 000	0	0
Total Fixed Assets	20 000	20 000	0	0
Stock	0	0	0	15 000
Total Investments	0	0	0	0
Cash, Bank	19 000	89 000	2 000	13 000
Total Current Assets	192 000	258 000	3 000	29 000
Total Assets	212 000	278 000	3 000	29 000
Total Equity	−1 042 000	−1 179 000	4 000	19 000
Short-Term Group Debt	0	1 010 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	42 000	275 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 212 000	172 000	−2 000	10 000
Total Current Debt	1 254 000	1 457 000	−2 000	10 000
Total Equity and Debt	212 000	278 000	3 000	29 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,15 %	100,34 %	−625 %	78,95 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	14,39 %	−56,8 %	−58,54 %	18,18 %
Current Ratio	0,15	0,18	−1,5	2,9
Quick Ratio	0,15	0,18	−1,5	−5,8
Equity Ratio	−4,92	−4,24	1,33	0,66
Gross Profit Margin	100 %	100 %	63,41 %	100 %