GSM TELECOM PRODUCTS AS

3217 SANDEFJORD

Finances

Return on Equity

−120,96 %

Current Ratio

0,98

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2021	2020	2019	2018
Revenue	149 642 000	21 867 000	41 605 000	134 068 000
Net Income	−11 818 000	−59 527 000	12 380 000	47 095 000
Total Assets	137 724 000	67 964 000	126 191 000	181 587 000
Total Equity	9 770 000	20 715 000	83 468 000	71 135 000

Income (NOK)	2021	2020	2019	2018
Revenue	149 642 000	21 867 000	41 605 000	134 068 000
Expenditure	145 157 000	24 573 000	28 861 000	89 461 000
Operating Profit	4 485 000	−2 706 000	12 744 000	44 607 000
Financial Income	65 545 000	12 594 000	4 813 000	9 724 000
Financial Costs	103 479 000	69 781 000	6 461 000	5 013 000
Financial Balance	−37 934 000	−57 187 000	−1 648 000	4 711 000
Earnings Before Tax	−33 449 000	−59 892 000	11 096 000	49 318 000
Tax	−21 630 000	−365 000	−1 284 000	2 223 000
Net Income	−11 818 000	−59 527 000	12 380 000	47 095 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 270 000	40 634 000	107 046 000	94 428 000
Total Current Assets	113 453 000	27 330 000	19 145 000	87 159 000
Total Assets	137 724 000	67 964 000	126 191 000	181 587 000
Total Retained Equity	−10 945 000	20 585 000	83 338 000	71 005 000
Total Equity	9 770 000	20 715 000	83 468 000	71 135 000
Total Long-Term Debt	12 382 000	13 242 000	12 641 000	32 610 000
Total Current Debt	115 571 000	34 007 000	30 082 000	77 842 000
Total Equity and Debt	137 724 000	67 964 000	126 191 000	181 587 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	149 642 000	21 867 000	41 605 000	134 068 000
Other Income	0	0	0	0
Revenue	149 642 000	21 867 000	41 605 000	134 068 000
Cost of Goods Sold	129 753 000	13 326 000	5 812 000	66 044 000
Salary Costs	6 265 000	7 097 000	14 452 000	12 304 000
Depreciation	31 000	95 000	52 000	32 000
Impairment	0	0	0	0
Expenditure	145 157 000	24 573 000	28 861 000	89 461 000
Operating Profit	4 485 000	−2 706 000	12 744 000	44 607 000
Financial Income	65 545 000	12 594 000	4 813 000	9 724 000
Financial Costs	103 479 000	69 781 000	6 461 000	5 013 000
Financial Balance	−37 934 000	−57 187 000	−1 648 000	4 711 000
Dividends	0	4 000 000	0	2 000 000
Net Income	−11 818 000	−59 527 000	12 380 000	47 095 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	23 845 000	2 214 000	1 840 000	541 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	159 000	0	0	0
Fixtures	0	157 000	243 000	226 000
Total Tangible Assets	159 000	157 000	243 000	226 000
Total Fiancial Fixed Assets	266 000	38 263 000	104 963 000	93 661 000
Total Fixed Assets	24 270 000	40 634 000	107 046 000	94 428 000
Stock	7 230 000	4 633 000	4 825 000	4 520 000
Total Investments	0	0	0	0
Cash, Bank	34 407 000	3 527 000	1 177 000	31 777 000
Total Current Assets	113 453 000	27 330 000	19 145 000	87 159 000
Total Assets	137 724 000	67 964 000	126 191 000	181 587 000
Total Equity	9 770 000	20 715 000	83 468 000	71 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 382 000	13 242 000	12 641 000	32 610 000
Creditors	60 253 000	9 440 000	6 423 000	41 189 000
Unpaid Taxes	594 000	260 000	3 515 000	3 346 000
Dividends	0	4 000 000	0	2 000 000
Other Current Debt	53 426 000	18 919 000	19 538 000	30 839 000
Total Current Debt	115 571 000	34 007 000	30 082 000	77 842 000
Total Equity and Debt	137 724 000	67 964 000	126 191 000	181 587 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−120,96 %	−287,36 %	14,83 %	66,21 %
Debt-to-Equity Ratio	1,27	0,64	0,15	0,46
Operating Profit Margin	3 %	−12,37 %	30,63 %	33,27 %
Current Ratio	0,98	0,8	0,64	1,12
Quick Ratio	1,05	0,93	0,76	1,19
Equity Ratio	0,07	0,3	0,66	0,39
Gross Profit Margin	13,29 %	39,06 %	86,03 %	50,74 %