NORSPAN LNG IX AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

16,44 %

Current Ratio

1,56

Debt-to-Equity Ratio

3,89

Key figures (USD)	2022	2021	2020	2019
Revenue	29 062 000	26 664 000	28 655 000	28 532 000
Net Income	6 667 000	4 932 000	6 805 000	5 607 000
Total Assets	203 991 000	208 610 000	212 545 000	224 744 000
Total Equity	40 546 000	35 771 000	31 840 000	27 135 000

Income (USD)	2022	2021	2020	2019
Revenue	29 062 000	26 664 000	28 655 000	28 532 000
Expenditure	12 898 000	12 159 000	11 917 000	11 821 000
Operating Profit	16 164 000	14 504 000	16 738 000	16 711 000
Financial Income	186 000	200 000	613 000	406 000
Financial Costs	9 684 000	9 771 000	10 546 000	11 510 000
Financial Balance	−9 498 000	−9 571 000	−9 933 000	−11 104 000
Earnings Before Tax	6 667 000	4 932 000	6 805 000	5 607 000
Tax	0	0	0	0
Net Income	6 667 000	4 932 000	6 805 000	5 607 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	194 834 000	201 275 000	202 346 000	208 662 000
Total Current Assets	9 157 000	7 335 000	10 199 000	16 082 000
Total Assets	203 991 000	208 610 000	212 545 000	224 744 000
Total Retained Equity	22 275 000	17 500 000	13 569 000	8 864 000
Total Equity	40 546 000	35 771 000	31 840 000	27 135 000
Total Long-Term Debt	157 592 000	167 723 000	176 859 000	186 168 000
Total Current Debt	5 852 000	5 116 000	3 845 000	11 441 000
Total Equity and Debt	203 991 000	208 610 000	212 545 000	224 744 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	29 355 000	26 918 000	28 957 000	28 820 000
Other Income	−294 000	−254 000	−302 000	−288 000
Revenue	29 062 000	26 664 000	28 655 000	28 532 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 643 000	2 872 000	2 525 000	2 431 000
Depreciation	6 440 000	6 411 000	6 332 000	6 332 000
Impairment	0	0	0	0
Expenditure	12 898 000	12 159 000	11 917 000	11 821 000
Operating Profit	16 164 000	14 504 000	16 738 000	16 711 000
Financial Income	186 000	200 000	613 000	406 000
Financial Costs	9 684 000	9 771 000	10 546 000	11 510 000
Financial Balance	−9 498 000	−9 571 000	−9 933 000	−11 104 000
Dividends	0	0	0	0
Net Income	6 667 000	4 932 000	6 805 000	5 607 000

Balance details (USD)	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	194 834 000	201 275 000	202 346 000	208 662 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 834 000	201 275 000	202 346 000	208 662 000
Stock	383 000	433 000	294 000	309 000
Total Investments	0	0	0	0
Cash, Bank	6 584 000	5 542 000	9 213 000	9 312 000
Total Current Assets	9 157 000	7 335 000	10 199 000	16 082 000
Total Assets	203 991 000	208 610 000	212 545 000	224 744 000
Total Equity	40 546 000	35 771 000	31 840 000	27 135 000
Short-Term Group Debt	1 891 000	1 002 000	0	7 700 000
Total Long-Term Debt	157 592 000	167 723 000	176 859 000	186 168 000
Creditors	584 000	834 000	539 000	345 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 377 000	3 281 000	3 306 000	3 396 000
Total Current Debt	5 852 000	5 116 000	3 845 000	11 441 000
Total Equity and Debt	203 991 000	208 610 000	212 545 000	224 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,44 %	13,79 %	21,37 %	20,66 %
Debt-to-Equity Ratio	3,89	4,69	5,55	6,86
Operating Profit Margin	55,62 %	54,4 %	58,41 %	58,57 %
Current Ratio	1,56	1,43	2,65	1,41
Quick Ratio	1,67	1,57	2,87	1,44
Equity Ratio	0,2	0,17	0,15	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %