NORSPAN LNG XI AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

7,91 %

Current Ratio

0,95

Debt-to-Equity Ratio

3,66

Key figures (USD)	2022	2021	2020	2019
Revenue	23 889 000	24 943 000	24 682 000	8 131 000
Net Income	3 275 000	4 906 000	4 190 000	369 000
Total Assets	204 886 000	204 774 000	208 202 000	218 267 000
Total Equity	41 381 000	39 270 000	36 642 000	32 751 000

Income (USD)	2022	2021	2020	2019
Revenue	23 889 000	24 943 000	24 682 000	8 131 000
Expenditure	12 779 000	11 403 000	11 161 000	4 084 000
Operating Profit	11 109 000	13 540 000	13 521 000	4 047 000
Financial Income	105 000	55 000	16 000	22 000
Financial Costs	7 939 000	8 689 000	9 347 000	3 699 000
Financial Balance	−7 834 000	−8 634 000	−9 331 000	−3 677 000
Earnings Before Tax	3 275 000	4 906 000	4 190 000	369 000
Tax	0	0	0	0
Net Income	3 275 000	4 906 000	4 190 000	369 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	193 351 000	199 274 000	205 192 000	211 087 000
Total Current Assets	11 535 000	5 500 000	3 011 000	7 181 000
Total Assets	204 886 000	204 774 000	208 202 000	218 267 000
Total Retained Equity	9 079 000	6 969 000	4 340 000	150 000
Total Equity	41 381 000	39 270 000	36 642 000	32 751 000
Total Long-Term Debt	151 426 000	160 054 000	168 251 000	176 079 000
Total Current Debt	12 079 000	5 450 000	3 310 000	9 437 000
Total Equity and Debt	204 886 000	204 774 000	208 202 000	218 267 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	22 430 000	25 181 000	24 942 000	8 214 000
Other Income	1 459 000	−238 000	−260 000	−84 000
Revenue	23 889 000	24 943 000	24 682 000	8 131 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 680 000	2 678 000	2 533 000	1 009 000
Depreciation	5 923 000	5 923 000	5 923 000	1 980 000
Impairment	0	0	0	0
Expenditure	12 779 000	11 403 000	11 161 000	4 084 000
Operating Profit	11 109 000	13 540 000	13 521 000	4 047 000
Financial Income	105 000	55 000	16 000	22 000
Financial Costs	7 939 000	8 689 000	9 347 000	3 699 000
Financial Balance	−7 834 000	−8 634 000	−9 331 000	−3 677 000
Dividends	0	0	0	0
Net Income	3 275 000	4 906 000	4 190 000	369 000

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	193 351 000	199 274 000	205 192 000	211 087 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	193 351 000	199 274 000	205 192 000	211 087 000
Stock	545 000	488 000	399 000	381 000
Total Investments	0	0	0	0
Cash, Bank	4 245 000	2 207 000	2 219 000	2 653 000
Total Current Assets	11 535 000	5 500 000	3 011 000	7 181 000
Total Assets	204 886 000	204 774 000	208 202 000	218 267 000
Total Equity	41 381 000	39 270 000	36 642 000	32 751 000
Short-Term Group Debt	1 165 000	2 277 000	0	6 075 000
Total Long-Term Debt	151 426 000	160 054 000	168 251 000	176 079 000
Creditors	423 000	395 000	378 000	540 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 492 000	2 778 000	2 931 000	2 821 000
Total Current Debt	12 079 000	5 450 000	3 310 000	9 437 000
Total Equity and Debt	204 886 000	204 774 000	208 202 000	218 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,91 %	12,49 %	11,43 %	1,13 %
Debt-to-Equity Ratio	3,66	4,08	4,59	5,38
Operating Profit Margin	46,5 %	54,28 %	54,78 %	49,77 %
Current Ratio	0,95	1,01	0,91	0,76
Quick Ratio	1	1,11	1,03	0,79
Equity Ratio	0,2	0,19	0,18	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %