GTS AS

3580 GEILO

Finances

Return on Equity

2,9 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 815 000	78 858 000	67 315 000	50 786 000
Net Income	430 000	3 155 000	6 469 000	1 017 000
Total Assets	38 740 000	32 140 000	30 089 000	19 523 000
Total Equity	14 836 000	14 405 000	11 750 000	7 281 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 815 000	78 858 000	67 315 000	50 786 000
Expenditure	98 109 000	74 751 000	59 006 000	49 447 000
Operating Profit	706 000	4 106 000	8 309 000	1 340 000
Financial Income	15 000	23 000	17 000	16 000
Financial Costs	166 000	79 000	26 000	50 000
Financial Balance	−151 000	−56 000	−9 000	−34 000
Earnings Before Tax	555 000	4 051 000	8 300 000	1 305 000
Tax	124 000	896 000	1 831 000	288 000
Net Income	430 000	3 155 000	6 469 000	1 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 487 000	7 012 000	7 240 000	4 079 000
Total Current Assets	32 252 000	25 128 000	22 849 000	15 444 000
Total Assets	38 740 000	32 140 000	30 089 000	19 523 000
Total Retained Equity	13 356 000	12 925 000	10 270 000	5 801 000
Total Equity	14 836 000	14 405 000	11 750 000	7 281 000
Total Long-Term Debt	3 076 000	1 763 000	468 000	371 000
Total Current Debt	20 828 000	15 972 000	17 871 000	11 871 000
Total Equity and Debt	38 740 000	32 140 000	30 089 000	19 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 129 000	78 244 000	65 946 000	50 766 000
Other Income	1 686 000	614 000	1 369 000	20 000
Revenue	98 815 000	78 858 000	67 315 000	50 786 000
Cost of Goods Sold	38 536 000	27 477 000	19 197 000	14 352 000
Salary Costs	24 329 000	19 318 000	17 302 000	15 492 000
Depreciation	740 000	929 000	623 000	569 000
Impairment	0	0	0	0
Expenditure	98 109 000	74 751 000	59 006 000	49 447 000
Operating Profit	706 000	4 106 000	8 309 000	1 340 000
Financial Income	15 000	23 000	17 000	16 000
Financial Costs	166 000	79 000	26 000	50 000
Financial Balance	−151 000	−56 000	−9 000	−34 000
Dividends	0	500 000	2 000 000	0
Net Income	430 000	3 155 000	6 469 000	1 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 282 000	3 353 000	3 353 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 415 000	2 433 000	2 590 000	2 276 000
Total Tangible Assets	5 697 000	5 786 000	5 944 000	2 276 000
Total Fiancial Fixed Assets	790 000	1 226 000	1 296 000	1 803 000
Total Fixed Assets	6 487 000	7 012 000	7 240 000	4 079 000
Stock	449 000	750 000	0	493 000
Total Investments	0	0	0	0
Cash, Bank	1 658 000	8 158 000	10 116 000	603 000
Total Current Assets	32 252 000	25 128 000	22 849 000	15 444 000
Total Assets	38 740 000	32 140 000	30 089 000	19 523 000
Total Equity	14 836 000	14 405 000	11 750 000	7 281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 076 000	1 763 000	468 000	371 000
Creditors	8 420 000	3 963 000	7 096 000	5 519 000
Unpaid Taxes	6 262 000	6 208 000	5 425 000	3 043 000
Dividends	0	500 000	2 000 000	0
Other Current Debt	2 830 000	4 849 000	1 617 000	2 184 000
Total Current Debt	20 828 000	15 972 000	17 871 000	11 871 000
Total Equity and Debt	38 740 000	32 140 000	30 089 000	19 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,9 %	21,9 %	55,06 %	13,97 %
Debt-to-Equity Ratio	0,21	0,12	0,04	0,05
Operating Profit Margin	0,71 %	5,21 %	12,34 %	2,64 %
Current Ratio	1,55	1,57	1,28	1,3
Quick Ratio	1,58	1,65	1,28	1,36
Equity Ratio	0,38	0,45	0,39	0,37
Gross Profit Margin	61 %	65,16 %	71,48 %	71,74 %