GTS DRILLING CONSULTING AS

7031 TRONDHEIM

Finances

Return on Equity

12,12 %

Current Ratio

0,6

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	1 000	139 000
Net Income	−16 000	−36 000	−88 000	−100 000
Total Assets	30 000	37 000	60 000	51 000
Total Equity	−132 000	−116 000	−80 000	8 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	1 000	139 000
Expenditure	15 000	36 000	60 000	267 000
Operating Profit	−15 000	−35 000	−59 000	−128 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	−16 000	−36 000	−59 000	−128 000
Tax	0	0	29 000	−28 000
Net Income	−16 000	−36 000	−88 000	−100 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	16 000	25 000	35 000	30 000
Total Current Assets	15 000	12 000	25 000	21 000
Total Assets	30 000	37 000	60 000	51 000
Total Retained Equity	−193 000	−177 000	−141 000	−54 000
Total Equity	−132 000	−116 000	−80 000	8 000
Total Long-Term Debt	137 000	121 000	120 000	0
Total Current Debt	25 000	32 000	20 000	43 000
Total Equity and Debt	30 000	37 000	60 000	51 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	1 000	139 000
Other Income	0	0	0	0
Revenue	0	0	1 000	139 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	−18 000	0	4 000	204 000
Depreciation	10 000	10 000	5 000	11 000
Impairment	0	0	0	0
Expenditure	15 000	36 000	60 000	267 000
Operating Profit	−15 000	−35 000	−59 000	−128 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−16 000	−36 000	−88 000	−100 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	15 000	25 000	1 000
Total Tangible Assets	6 000	15 000	25 000	1 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	0
Total Fixed Assets	16 000	25 000	35 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	2 000	15 000	20 000
Total Current Assets	15 000	12 000	25 000	21 000
Total Assets	30 000	37 000	60 000	51 000
Total Equity	−132 000	−116 000	−80 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	121 000	120 000	0
Creditors	25 000	14 000	3 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	18 000	17 000	38 000
Total Current Debt	25 000	32 000	20 000	43 000
Total Equity and Debt	30 000	37 000	60 000	51 000

Financial indicators	2021	2020	2019	2018
Return on Equity	12,12 %	31,03 %	110 %	−1 250 %
Debt-to-Equity Ratio	−1,04	−1,04	−1,5	0
Operating Profit Margin	-	-	−5 900 %	−92,09 %
Current Ratio	0,6	0,38	1,25	0,49
Quick Ratio	0,6	0,38	1,25	0,49
Equity Ratio	−4,4	−3,14	−1,33	0,16
Gross Profit Margin	-	-	0 %	100 %