GLOBAL TRANSPORT SOLUTIONS NORWAY AS

1366 LYSAKER

Finances

Return on Equity

14,46 %

Current Ratio

1,29

Debt-to-Equity Ratio

19,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	681 284 000	468 051 000	346 067 000	123 646 000
Net Income	1 534 000	−200 000	−13 981 000	7 760 000
Total Assets	379 961 000	274 892 000	255 911 000	120 051 000
Total Equity	10 609 000	7 363 000	7 563 000	21 682 000

Income (NOK)	2022	2021	2020	2019
Revenue	681 284 000	468 051 000	346 067 000	123 646 000
Expenditure	656 754 000	463 034 000	346 432 000	113 890 000
Operating Profit	24 530 000	5 017 000	−366 000	9 756 000
Financial Income	13 093 000	30 303 000	8 587 000	3 248 000
Financial Costs	26 420 000	30 454 000	22 496 000	2 654 000
Financial Balance	−13 327 000	−151 000	−13 909 000	594 000
Earnings Before Tax	11 204 000	4 866 000	−14 275 000	10 350 000
Tax	9 670 000	5 066 000	−294 000	2 590 000
Net Income	1 534 000	−200 000	−13 981 000	7 760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 362 000	135 907 000	151 257 000	84 270 000
Total Current Assets	212 599 000	138 985 000	104 654 000	35 781 000
Total Assets	379 961 000	274 892 000	255 911 000	120 051 000
Total Retained Equity	−11 375 000	−14 121 000	−13 921 000	198 000
Total Equity	10 609 000	7 363 000	7 563 000	21 682 000
Total Long-Term Debt	204 127 000	147 435 000	159 016 000	74 654 000
Total Current Debt	165 225 000	120 094 000	89 331 000	23 715 000
Total Equity and Debt	379 961 000	274 892 000	255 911 000	120 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	681 266 000	467 603 000	336 998 000	121 640 000
Other Income	18 000	448 000	9 069 000	2 006 000
Revenue	681 284 000	468 051 000	346 067 000	123 646 000
Cost of Goods Sold	466 798 000	321 369 000	234 707 000	88 983 000
Salary Costs	104 223 000	74 488 000	56 182 000	11 683 000
Depreciation	20 663 000	17 715 000	16 322 000	2 292 000
Impairment	0	0	0	0
Expenditure	656 754 000	463 034 000	346 432 000	113 890 000
Operating Profit	24 530 000	5 017 000	−366 000	9 756 000
Financial Income	13 093 000	30 303 000	8 587 000	3 248 000
Financial Costs	26 420 000	30 454 000	22 496 000	2 654 000
Financial Balance	−13 327 000	−151 000	−13 909 000	594 000
Dividends	0	0	0	0
Net Income	1 534 000	−200 000	−13 981 000	7 760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	158 636 000	129 629 000	145 947 000	82 446 000
Total Intangible Assets	158 805 000	129 653 000	146 570 000	82 446 000
Real Eastate	746 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 270 000	5 714 000	4 147 000	627 000
Total Tangible Assets	8 016 000	5 714 000	4 147 000	627 000
Total Fiancial Fixed Assets	541 000	540 000	540 000	1 198 000
Total Fixed Assets	167 362 000	135 907 000	151 257 000	84 270 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 205 000	26 109 000	18 307 000	11 256 000
Total Current Assets	212 599 000	138 985 000	104 654 000	35 781 000
Total Assets	379 961 000	274 892 000	255 911 000	120 051 000
Total Equity	10 609 000	7 363 000	7 563 000	21 682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	204 127 000	147 435 000	159 016 000	74 654 000
Creditors	109 408 000	82 122 000	57 896 000	17 972 000
Unpaid Taxes	7 838 000	5 642 000	5 028 000	1 126 000
Dividends	0	0	0	0
Other Current Debt	41 602 000	28 232 000	26 149 000	2 518 000
Total Current Debt	165 225 000	120 094 000	89 331 000	23 715 000
Total Equity and Debt	379 961 000	274 892 000	255 911 000	120 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,46 %	−2,72 %	−184,86 %	35,79 %
Debt-to-Equity Ratio	19,24	20,02	21,03	3,44
Operating Profit Margin	3,6 %	1,07 %	−0,11 %	7,89 %
Current Ratio	1,29	1,16	1,17	1,51
Quick Ratio	1,29	1,16	1,17	1,51
Equity Ratio	0,03	0,03	0,03	0,18
Gross Profit Margin	31,48 %	31,34 %	32,18 %	28,03 %