KNOT SHUTTLE TANKERS 20 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

15,22 %

Current Ratio

7,7

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 813 000	69 739 000	71 651 000	71 184 000
Net Income	40 784 000	35 349 000	34 563 000	29 240 000
Total Assets	356 097 000	380 170 000	403 908 000	425 847 000
Total Equity	267 907 000	237 835 000	227 916 000	211 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 813 000	69 739 000	71 651 000	71 184 000
Expenditure	24 959 000	24 319 000	24 951 000	25 105 000
Operating Profit	45 854 000	45 420 000	46 700 000	46 079 000
Financial Income	4 656 000	97 000	2 467 000	1 554 000
Financial Costs	9 726 000	10 168 000	14 604 000	18 393 000
Financial Balance	−5 070 000	−10 071 000	−12 137 000	−16 839 000
Earnings Before Tax	40 784 000	35 349 000	34 563 000	29 240 000
Tax	0	0	0	0
Net Income	40 784 000	35 349 000	34 563 000	29 240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	335 405 000	358 260 000	381 809 000	406 051 000
Total Current Assets	20 691 000	21 910 000	22 099 000	19 796 000
Total Assets	356 097 000	380 170 000	403 908 000	425 847 000
Total Retained Equity	115 132 000	85 060 000	75 141 000	58 260 000
Total Equity	267 907 000	237 835 000	227 916 000	211 036 000
Total Long-Term Debt	85 502 000	126 586 000	165 817 000	203 194 000
Total Current Debt	2 688 000	15 749 000	10 174 000	11 617 000
Total Equity and Debt	356 097 000	380 170 000	403 908 000	425 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 813 000	70 820 000	72 854 000	72 290 000
Other Income	0	−1 080 000	−1 203 000	−1 106 000
Revenue	70 813 000	69 739 000	71 651 000	71 184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	22 855 000	23 548 000	24 242 000	24 242 000
Impairment	0	0	0	0
Expenditure	24 959 000	24 319 000	24 951 000	25 105 000
Operating Profit	45 854 000	45 420 000	46 700 000	46 079 000
Financial Income	4 656 000	97 000	2 467 000	1 554 000
Financial Costs	9 726 000	10 168 000	14 604 000	18 393 000
Financial Balance	−5 070 000	−10 071 000	−12 137 000	−16 839 000
Dividends	0	0	0	0
Net Income	40 784 000	35 349 000	34 563 000	29 240 000

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	0
Total Tangible Assets	335 405 000	358 260 000	381 809 000	406 051 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	335 405 000	358 260 000	381 809 000	406 051 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 640 000	21 852 000	22 013 000	19 733 000
Total Current Assets	20 691 000	21 910 000	22 099 000	19 796 000
Total Assets	356 097 000	380 170 000	403 908 000	425 847 000
Total Equity	267 907 000	237 835 000	227 916 000	211 036 000
Short-Term Group Debt	596 000	209 000	387 000	357 000
Total Long-Term Debt	85 502 000	126 586 000	165 817 000	203 194 000
Creditors	256 000	133 000	217 000	229 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 836 000	9 314 000	9 571 000	11 031 000
Total Current Debt	2 688 000	15 749 000	10 174 000	11 617 000
Total Equity and Debt	356 097 000	380 170 000	403 908 000	425 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,22 %	14,86 %	15,16 %	13,86 %
Debt-to-Equity Ratio	0,32	0,53	0,73	0,96
Operating Profit Margin	64,75 %	65,13 %	65,18 %	64,73 %
Current Ratio	7,7	1,39	2,17	1,7
Quick Ratio	7,7	1,39	2,17	1,7
Equity Ratio	0,75	0,63	0,56	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %