TGS AP INVESTMENTS AS

0277 OSLO

Finances

Share Ownership

Return on Equity

−279,69 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	164 354 000	675 092 000	148 844 000	271 831 000
Net Income	−289 338 000	−365 932 000	−51 607 000	−24 152 000
Total Assets	794 623 000	981 767 000	1 151 605 000	1 111 511 000
Total Equity	103 451 000	309 938 000	675 870 000	563 148 000

Income (NOK)	2021	2020	2019	2018
Revenue	164 354 000	675 092 000	148 844 000	271 831 000
Expenditure	484 074 000	1 235 844 000	295 904 000	244 689 000
Operating Profit	−319 722 000	−560 752 000	−147 059 000	27 142 000
Financial Income	73 000	305 475 000	44 900 000	40 931 000
Financial Costs	54 000 000	284 999 000	55 589 000	60 881 000
Financial Balance	−53 927 000	20 476 000	−10 689 000	−19 950 000
Earnings Before Tax	−373 649 000	−540 276 000	−157 748 000	7 192 000
Tax	−84 310 000	−174 344 000	−106 141 000	31 344 000
Net Income	−289 338 000	−365 932 000	−51 607 000	−24 152 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	356 916 000	496 390 000	835 596 000	980 719 000
Total Current Assets	437 707 000	485 377 000	316 009 000	130 792 000
Total Assets	794 623 000	981 767 000	1 151 605 000	1 111 511 000
Total Retained Equity	−390 586 000	−101 248 000	264 684 000	297 604 000
Total Equity	103 451 000	309 938 000	675 870 000	563 148 000
Total Long-Term Debt	0	0	62 652 000	318 651 000
Total Current Debt	691 171 000	671 829 000	413 083 000	229 712 000
Total Equity and Debt	794 623 000	981 767 000	1 151 605 000	1 111 511 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	164 354 000	675 092 000	148 844 000	271 831 000
Other Income	0	0	0	0
Revenue	164 354 000	675 092 000	148 844 000	271 831 000
Cost of Goods Sold	228 000	0	0	0
Salary Costs	328 000	0	0	0
Depreciation	163 302 000	765 071 000	283 427 000	219 922 000
Impairment	302 530 000	464 212 000	0	0
Expenditure	484 074 000	1 235 844 000	295 904 000	244 689 000
Operating Profit	−319 722 000	−560 752 000	−147 059 000	27 142 000
Financial Income	73 000	305 475 000	44 900 000	40 931 000
Financial Costs	54 000 000	284 999 000	55 589 000	60 881 000
Financial Balance	−53 927 000	20 476 000	−10 689 000	−19 950 000
Dividends	0	0	0	0
Net Income	−289 338 000	−365 932 000	−51 607 000	−24 152 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	348 316 000	487 790 000	826 997 000	972 119 000
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	8 600 000	8 600 000	8 600 000	8 600 000
Total Fixed Assets	356 916 000	496 390 000	835 596 000	980 719 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	290 969 000	163 590 000	78 775 000	32 956 000
Total Current Assets	437 707 000	485 377 000	316 009 000	130 792 000
Total Assets	794 623 000	981 767 000	1 151 605 000	1 111 511 000
Total Equity	103 451 000	309 938 000	675 870 000	563 148 000
Short-Term Group Debt	564 137 000	529 130 000	203 872 000	214 284 000
Total Long-Term Debt	0	0	62 652 000	318 651 000
Creditors	35 118 000	21 659 000	2 188 000	1 705 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	91 916 000	121 040 000	207 024 000	13 723 000
Total Current Debt	691 171 000	671 829 000	413 083 000	229 712 000
Total Equity and Debt	794 623 000	981 767 000	1 151 605 000	1 111 511 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−279,69 %	−118,07 %	−7,64 %	−4,29 %
Debt-to-Equity Ratio	0	0	0,09	0,57
Operating Profit Margin	−194,53 %	−83,06 %	−98,8 %	9,98 %
Current Ratio	0,63	0,72	0,77	0,57
Quick Ratio	0,63	0,72	0,77	0,57
Equity Ratio	0,13	0,32	0,59	0,51
Gross Profit Margin	99,86 %	100 %	100 %	100 %