GS ENERGY SOLUTIONS AS

4056 TANANGER

Finances

Return on Equity

−11,71 %

Current Ratio

0,88

Debt-to-Equity Ratio

4,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 778 000	20 086 000	19 852 000	10 405 000
Net Income	−82 000	−23 000	−1 157 000	152 000
Total Assets	15 606 000	10 143 000	11 082 000	8 707 000
Total Equity	700 000	−18 000	5 000	1 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 778 000	20 086 000	19 852 000	10 405 000
Expenditure	30 545 000	19 345 000	19 419 000	10 812 000
Operating Profit	232 000	741 000	432 000	458 000
Financial Income	152 000	153 000	171 000	52 000
Financial Costs	467 000	814 000	1 429 000	247 000
Financial Balance	−315 000	−661 000	−1 258 000	−195 000
Earnings Before Tax	−82 000	81 000	−826 000	263 000
Tax	0	104 000	331 000	111 000
Net Income	−82 000	−23 000	−1 157 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 286 000	5 729 000	6 391 000	5 485 000
Total Current Assets	10 320 000	4 415 000	4 690 000	3 223 000
Total Assets	15 606 000	10 143 000	11 082 000	8 707 000
Total Retained Equity	−131 000	−48 000	−25 000	1 131 000
Total Equity	700 000	−18 000	5 000	1 161 000
Total Long-Term Debt	3 175 000	3 459 000	4 116 000	3 084 000
Total Current Debt	11 730 000	6 703 000	6 961 000	4 462 000
Total Equity and Debt	15 606 000	10 143 000	11 082 000	8 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 839 000	19 856 000	19 666 000	10 451 000
Other Income	11 939 000	231 000	186 000	−46 000
Revenue	30 778 000	20 086 000	19 852 000	10 405 000
Cost of Goods Sold	22 443 000	11 171 000	10 977 000	5 805 000
Salary Costs	5 343 000	3 786 000	1 139 000	2 146 000
Depreciation	829 000	799 000	554 000	252 000
Impairment	0	0	0	0
Expenditure	30 545 000	19 345 000	19 419 000	10 812 000
Operating Profit	232 000	741 000	432 000	458 000
Financial Income	152 000	153 000	171 000	52 000
Financial Costs	467 000	814 000	1 429 000	247 000
Financial Balance	−315 000	−661 000	−1 258 000	−195 000
Dividends	0	0	0	0
Net Income	−82 000	−23 000	−1 157 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 046 000	3 955 000	4 180 000	4 405 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 140 000	1 674 000	2 111 000	979 000
Total Tangible Assets	5 186 000	5 629 000	6 291 000	5 385 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	5 286 000	5 729 000	6 391 000	5 485 000
Stock	715 000	943 000	52 000	207 000
Total Investments	0	0	0	0
Cash, Bank	333 000	0	0	0
Total Current Assets	10 320 000	4 415 000	4 690 000	3 223 000
Total Assets	15 606 000	10 143 000	11 082 000	8 707 000
Total Equity	700 000	−18 000	5 000	1 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 175 000	3 459 000	4 116 000	3 084 000
Creditors	8 246 000	3 476 000	3 941 000	2 917 000
Unpaid Taxes	1 556 000	301 000	124 000	26 000
Dividends	0	0	0	0
Other Current Debt	1 805 000	1 483 000	1 153 000	306 000
Total Current Debt	11 730 000	6 703 000	6 961 000	4 462 000
Total Equity and Debt	15 606 000	10 143 000	11 082 000	8 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,71 %	127,78 %	−23 140 %	13,09 %
Debt-to-Equity Ratio	4,54	−192,17	823,2	2,66
Operating Profit Margin	0,75 %	3,69 %	2,18 %	4,4 %
Current Ratio	0,88	0,66	0,67	0,72
Quick Ratio	0,94	0,77	0,68	0,76
Equity Ratio	0,04	−0	0	0,13
Gross Profit Margin	27,08 %	44,38 %	44,71 %	44,21 %