Global Fuel Supply Aps

Development in activities and financial and economic position




It is the Company's first financial year. The Company's operations were commenced in the beginning of February 2022 og thus comprise 11 months of operations. During the year, management resources have been spent on building a client base and developing a growth-based business model, including IT investments so that countries, harbours, suppliers, and clients on a daily basis are controlled against all applicable international lists of sanctions. The company has invested considerable resources into sanctions screening and due diligence procedures with its counterparties. And has taken a cautious approach to business dealings in relation to same. As the matters which are necessary for assessing the Company's assets and liabilities, the financial position and the result of the operation for the year appear from the balance sheet and the income statement as well as from the notes, please refer to these.