NORSPAN LNG X AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

17,33 %

Current Ratio

1,49

Debt-to-Equity Ratio

4,16

Key figures (USD)	2022	2021	2020	2019
Revenue	29 061 000	26 732 000	28 655 000	28 532 000
Net Income	6 693 000	5 043 000	6 750 000	5 444 000
Total Assets	205 364 000	210 119 000	213 724 000	226 139 000
Total Equity	38 620 000	34 075 000	30 284 000	25 734 000

Income (USD)	2022	2021	2020	2019
Revenue	29 061 000	26 732 000	28 655 000	28 532 000
Expenditure	12 713 000	12 040 000	11 794 000	11 813 000
Operating Profit	16 349 000	14 692 000	16 861 000	16 719 000
Financial Income	102 000	333 000	247 000	448 000
Financial Costs	9 759 000	9 981 000	10 358 000	11 723 000
Financial Balance	−9 657 000	−9 648 000	−10 111 000	−11 275 000
Earnings Before Tax	6 693 000	5 043 000	6 750 000	5 444 000
Tax	0	0	0	0
Net Income	6 693 000	5 043 000	6 750 000	5 444 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	196 246 000	202 738 000	203 711 000	210 043 000
Total Current Assets	9 118 000	7 381 000	10 013 000	16 096 000
Total Assets	205 364 000	210 119 000	213 724 000	226 139 000
Total Retained Equity	20 602 000	16 056 000	12 265 000	7 715 000
Total Equity	38 620 000	34 075 000	30 284 000	25 734 000
Total Long-Term Debt	160 628 000	170 564 000	179 548 000	188 649 000
Total Current Debt	6 116 000	5 481 000	3 892 000	11 755 000
Total Equity and Debt	205 364 000	210 119 000	213 724 000	226 139 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	29 355 000	26 990 000	28 957 000	28 820 000
Other Income	−294 000	−259 000	−302 000	−288 000
Revenue	29 061 000	26 732 000	28 655 000	28 532 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 680 000	2 839 000	2 491 000	2 550 000
Depreciation	6 442 000	6 364 000	6 332 000	6 332 000
Impairment	0	0	0	0
Expenditure	12 713 000	12 040 000	11 794 000	11 813 000
Operating Profit	16 349 000	14 692 000	16 861 000	16 719 000
Financial Income	102 000	333 000	247 000	448 000
Financial Costs	9 759 000	9 981 000	10 358 000	11 723 000
Financial Balance	−9 657 000	−9 648 000	−10 111 000	−11 275 000
Dividends	0	0	0	0
Net Income	6 693 000	5 043 000	6 750 000	5 444 000

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	196 246 000	202 738 000	203 711 000	210 043 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	196 246 000	202 738 000	203 711 000	210 043 000
Stock	315 000	328 000	284 000	373 000
Total Investments	0	0	0	0
Cash, Bank	6 311 000	5 151 000	9 022 000	8 913 000
Total Current Assets	9 118 000	7 381 000	10 013 000	16 096 000
Total Assets	205 364 000	210 119 000	213 724 000	226 139 000
Total Equity	38 620 000	34 075 000	30 284 000	25 734 000
Short-Term Group Debt	2 147 000	1 252 000	0	7 900 000
Total Long-Term Debt	160 628 000	170 564 000	179 548 000	188 649 000
Creditors	590 000	901 000	489 000	419 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 379 000	3 327 000	3 402 000	3 436 000
Total Current Debt	6 116 000	5 481 000	3 892 000	11 755 000
Total Equity and Debt	205 364 000	210 119 000	213 724 000	226 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,33 %	14,8 %	22,29 %	21,15 %
Debt-to-Equity Ratio	4,16	5,01	5,93	7,33
Operating Profit Margin	56,26 %	54,96 %	58,84 %	58,6 %
Current Ratio	1,49	1,35	2,57	1,37
Quick Ratio	1,57	1,43	2,78	1,41
Equity Ratio	0,19	0,16	0,14	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %