KNUTSEN OAS SHIPPING AS

5529 HAUGESUND

Finances

Return on Equity

540,26 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	454 737 000	272 771 000	194 000 000	196 864 000
Net Income	201 246 000	91 566 000	33 987 000	24 986 000
Total Assets	512 380 000	334 162 000	295 055 000	211 789 000
Total Equity	37 250 000	40 215 000	41 649 000	42 525 000

Income (NOK)	2022	2021	2020	2019
Revenue	454 737 000	272 771 000	194 000 000	196 864 000
Expenditure	201 069 000	156 272 000	156 794 000	165 717 000
Operating Profit	253 668 000	116 499 000	37 206 000	31 146 000
Financial Income	5 192 000	1 642 000	2 553 000	7 621 000
Financial Costs	646 000	672 000	−3 892 000	6 475 000
Financial Balance	4 546 000	970 000	6 445 000	1 146 000
Earnings Before Tax	258 215 000	117 469 000	43 651 000	32 292 000
Tax	56 968 000	25 903 000	9 664 000	7 306 000
Net Income	201 246 000	91 566 000	33 987 000	24 986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 620 000	165 403 000	142 807 000	122 489 000
Total Current Assets	488 760 000	168 758 000	152 248 000	89 299 000
Total Assets	512 380 000	334 162 000	295 055 000	211 789 000
Total Retained Equity	26 733 000	29 698 000	31 132 000	32 009 000
Total Equity	37 250 000	40 215 000	41 649 000	42 525 000
Total Long-Term Debt	114 000	167 000	233 000	303 000
Total Current Debt	475 017 000	293 779 000	253 174 000	168 960 000
Total Equity and Debt	512 380 000	334 162 000	295 055 000	211 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	454 737 000	272 771 000	194 000 000	196 864 000
Other Income	0	0	0	0
Revenue	454 737 000	272 771 000	194 000 000	196 864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	161 304 000	126 990 000	124 930 000	133 448 000
Depreciation	226 000	279 000	307 000	182 000
Impairment	0	0	0	0
Expenditure	201 069 000	156 272 000	156 794 000	165 717 000
Operating Profit	253 668 000	116 499 000	37 206 000	31 146 000
Financial Income	5 192 000	1 642 000	2 553 000	7 621 000
Financial Costs	646 000	672 000	−3 892 000	6 475 000
Financial Balance	4 546 000	970 000	6 445 000	1 146 000
Dividends	0	0	0	0
Net Income	201 246 000	91 566 000	33 987 000	24 986 000

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	413 000	639 000	918 000	387 000
Total Tangible Assets	413 000	639 000	918 000	387 000
Total Fiancial Fixed Assets	23 208 000	164 764 000	141 889 000	122 103 000
Total Fixed Assets	23 620 000	165 403 000	142 807 000	122 489 000
Stock	2 700 000	2 822 000	2 822 000	2 822 000
Total Investments	0	0	0	0
Cash, Bank	9 177 000	39 307 000	14 869 000	12 029 000
Total Current Assets	488 760 000	168 758 000	152 248 000	89 299 000
Total Assets	512 380 000	334 162 000	295 055 000	211 789 000
Total Equity	37 250 000	40 215 000	41 649 000	42 525 000
Short-Term Group Debt	307 861 000	148 447 000	75 046 000	57 668 000
Total Long-Term Debt	114 000	167 000	233 000	303 000
Creditors	31 616 000	33 809 000	19 827 000	21 957 000
Unpaid Taxes	41 782 000	17 934 000	77 654 000	31 409 000
Dividends	0	0	0	0
Other Current Debt	91 716 000	92 659 000	80 298 000	57 745 000
Total Current Debt	475 017 000	293 779 000	253 174 000	168 960 000
Total Equity and Debt	512 380 000	334 162 000	295 055 000	211 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	540,26 %	227,69 %	81,6 %	58,76 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	55,78 %	42,71 %	19,18 %	15,82 %
Current Ratio	1,03	0,57	0,6	0,53
Quick Ratio	1,03	0,58	0,61	0,54
Equity Ratio	0,07	0,12	0,14	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %