GSM TOWERS AS

3217 SANDEFJORD

Finances

Share Ownership

Return on Equity

213,18 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	146 393 000	11 464 000	0	0
Net Income	11 211 000	−3 375 000	−60 000	−59 000
Total Assets	82 785 000	15 681 000	32 000	30 000
Total Equity	5 259 000	62 000	−163 000	−103 000

Income (NOK)	2021	2020	2019	2018
Revenue	146 393 000	11 464 000	0	0
Expenditure	133 479 000	15 065 000	60 000	59 000
Operating Profit	12 914 000	−3 602 000	−60 000	−59 000
Financial Income	453 000	227 000	0	0
Financial Costs	0	0	0	0
Financial Balance	453 000	227 000	0	0
Earnings Before Tax	13 367 000	−3 375 000	−60 000	−59 000
Tax	2 156 000	0	0	0
Net Income	11 211 000	−3 375 000	−60 000	−59 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	82 785 000	15 681 000	32 000	30 000
Total Assets	82 785 000	15 681 000	32 000	30 000
Total Retained Equity	1 629 000	−3 568 000	−193 000	−133 000
Total Equity	5 259 000	62 000	−163 000	−103 000
Total Long-Term Debt	460 000	0	154 000	130 000
Total Current Debt	77 065 000	15 619 000	42 000	3 000
Total Equity and Debt	82 785 000	15 681 000	32 000	30 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	146 393 000	11 488 000	0	0
Other Income	0	−25 000	0	0
Revenue	146 393 000	11 464 000	0	0
Cost of Goods Sold	126 535 000	9 999 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	133 479 000	15 065 000	60 000	59 000
Operating Profit	12 914 000	−3 602 000	−60 000	−59 000
Financial Income	453 000	227 000	0	0
Financial Costs	0	0	0	0
Financial Balance	453 000	227 000	0	0
Dividends	0	0	0	0
Net Income	11 211 000	−3 375 000	−60 000	−59 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 824 000	2 806 000	0	30 000
Total Current Assets	82 785 000	15 681 000	32 000	30 000
Total Assets	82 785 000	15 681 000	32 000	30 000
Total Equity	5 259 000	62 000	−163 000	−103 000
Short-Term Group Debt	7 710 000	4 836 000	32 000	0
Total Long-Term Debt	460 000	0	154 000	130 000
Creditors	50 874 000	2 887 000	10 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 482 000	7 896 000	0	0
Total Current Debt	77 065 000	15 619 000	42 000	3 000
Total Equity and Debt	82 785 000	15 681 000	32 000	30 000

Financial indicators	2021	2020	2019	2018
Return on Equity	213,18 %	−5 443,55 %	36,81 %	57,28 %
Debt-to-Equity Ratio	0,09	0	−0,94	−1,26
Operating Profit Margin	8,82 %	−31,42 %	-	-
Current Ratio	1,07	1	0,76	10
Quick Ratio	1,07	1	0,76	10
Equity Ratio	0,06	0	−5,09	−3,43
Gross Profit Margin	13,56 %	12,78 %	-	-