KNOT SHUTTLE TANKERS 35 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

9,09 %

Current Ratio

1,04

Debt-to-Equity Ratio

6,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 511 000	137 546 000	0	0
Net Income	10 784 000	−163 529 000	−38 806 000	−9 114 000
Total Assets	916 837 000	1 110 495 000	1 034 911 000	580 689 000
Total Equity	118 698 000	278 817 000	160 333 000	167 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 511 000	137 546 000	0	0
Expenditure	114 525 000	153 451 000	30 600 000	307 000
Operating Profit	34 985 000	−15 905 000	−30 600 000	−307 000
Financial Income	15 558 000	13 552 000	−562 000	−723 000
Financial Costs	39 760 000	161 175 000	7 645 000	8 083 000
Financial Balance	−24 202 000	−147 623 000	−8 207 000	−8 806 000
Earnings Before Tax	10 784 000	−163 529 000	−38 806 000	−9 114 000
Tax	0	0	0	0
Net Income	10 784 000	−163 529 000	−38 806 000	−9 114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	895 960 000	956 344 000	993 422 000	383 534 000
Total Current Assets	20 876 000	154 151 000	41 490 000	197 155 000
Total Assets	916 837 000	1 110 495 000	1 034 911 000	580 689 000
Total Retained Equity	10 822 000	0	0	0
Total Equity	118 698 000	278 817 000	160 333 000	167 140 000
Total Long-Term Debt	778 068 000	819 981 000	861 900 000	411 302 000
Total Current Debt	20 070 000	11 697 000	12 678 000	2 247 000
Total Equity and Debt	916 837 000	1 110 495 000	1 034 911 000	580 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 505 000	110 892 000	0	0
Other Income	6 000	26 654 000	0	0
Revenue	149 511 000	137 546 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	29 948 000	45 877 000	6 692 000	0
Depreciation	42 495 000	56 384 000	7 447 000	0
Impairment	0	0	0	0
Expenditure	114 525 000	153 451 000	30 600 000	307 000
Operating Profit	34 985 000	−15 905 000	−30 600 000	−307 000
Financial Income	15 558 000	13 552 000	−562 000	−723 000
Financial Costs	39 760 000	161 175 000	7 645 000	8 083 000
Financial Balance	−24 202 000	−147 623 000	−8 207 000	−8 806 000
Dividends	0	0	0	0
Net Income	10 784 000	−163 529 000	−38 806 000	−9 114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	383 534 000
Total Tangible Assets	895 960 000	938 430 000	993 422 000	383 534 000
Total Fiancial Fixed Assets	0	17 914 000	0	0
Total Fixed Assets	895 960 000	956 344 000	993 422 000	383 534 000
Stock	2 472 000	2 597 000	6 233 000	0
Total Investments	0	0	0	0
Cash, Bank	12 515 000	62 450 000	19 651 000	19 928 000
Total Current Assets	20 876 000	154 151 000	41 490 000	197 155 000
Total Assets	916 837 000	1 110 495 000	1 034 911 000	580 689 000
Total Equity	118 698 000	278 817 000	160 333 000	167 140 000
Short-Term Group Debt	6 294 000	5 035 000	130 000	640 000
Total Long-Term Debt	778 068 000	819 981 000	861 900 000	411 302 000
Creditors	3 610 000	1 719 000	6 169 000	144 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 165 000	4 941 000	6 379 000	1 463 000
Total Current Debt	20 070 000	11 697 000	12 678 000	2 247 000
Total Equity and Debt	916 837 000	1 110 495 000	1 034 911 000	580 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	−58,65 %	−24,2 %	−5,45 %
Debt-to-Equity Ratio	6,56	2,94	5,38	2,46
Operating Profit Margin	23,4 %	−11,56 %	-	-
Current Ratio	1,04	13,18	3,27	87,74
Quick Ratio	1,19	16,94	6,44	87,74
Equity Ratio	0,13	0,25	0,15	0,29
Gross Profit Margin	100 %	100 %	-	-