KNOT SHUTTLE TANKERS 24 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

5,33 %

Current Ratio

2,37

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 823 000	161 892 000	196 502 000	185 661 000
Net Income	15 946 000	34 540 000	61 019 000	62 661 000
Total Assets	893 959 000	956 986 000	947 971 000	1 003 696 000
Total Equity	299 139 000	312 181 000	297 077 000	315 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 823 000	161 892 000	196 502 000	185 661 000
Expenditure	111 925 000	95 912 000	95 433 000	92 065 000
Operating Profit	32 898 000	65 980 000	101 068 000	93 595 000
Financial Income	17 215 000	2 319 000	−770 000	2 812 000
Financial Costs	34 168 000	33 759 000	39 279 000	33 747 000
Financial Balance	−16 953 000	−31 440 000	−40 049 000	−30 935 000
Earnings Before Tax	15 946 000	34 540 000	61 019 000	62 661 000
Tax	0	0	0	0
Net Income	15 946 000	34 540 000	61 019 000	62 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	857 723 000	883 820 000	923 465 000	972 830 000
Total Current Assets	36 236 000	73 166 000	24 506 000	30 865 000
Total Assets	893 959 000	956 986 000	947 971 000	1 003 696 000
Total Retained Equity	75 702 000	88 743 000	69 896 000	69 160 000
Total Equity	299 139 000	312 181 000	297 077 000	315 895 000
Total Long-Term Debt	579 524 000	629 644 000	643 984 000	680 481 000
Total Current Debt	15 295 000	15 161 000	6 911 000	7 320 000
Total Equity and Debt	893 959 000	956 986 000	947 971 000	1 003 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 823 000	161 785 000	196 489 000	185 642 000
Other Income	0	107 000	12 000	19 000
Revenue	144 823 000	161 892 000	196 502 000	185 661 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 905 000	22 112 000	22 376 000	21 027 000
Depreciation	46 253 000	46 408 000	48 709 000	48 709 000
Impairment	0	0	0	0
Expenditure	111 925 000	95 912 000	95 433 000	92 065 000
Operating Profit	32 898 000	65 980 000	101 068 000	93 595 000
Financial Income	17 215 000	2 319 000	−770 000	2 812 000
Financial Costs	34 168 000	33 759 000	39 279 000	33 747 000
Financial Balance	−16 953 000	−31 440 000	−40 049 000	−30 935 000
Dividends	0	0	0	0
Net Income	15 946 000	34 540 000	61 019 000	62 661 000

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	856 291 000	881 734 000	920 724 000	969 433 000
Total Fiancial Fixed Assets	1 432 000	2 087 000	2 741 000	3 397 000
Total Fixed Assets	857 723 000	883 820 000	923 465 000	972 830 000
Stock	2 201 000	7 024 000	1 392 000	1 361 000
Total Investments	7 015 000	0	0	0
Cash, Bank	5 349 000	58 358 000	18 688 000	24 477 000
Total Current Assets	36 236 000	73 166 000	24 506 000	30 865 000
Total Assets	893 959 000	956 986 000	947 971 000	1 003 696 000
Total Equity	299 139 000	312 181 000	297 077 000	315 895 000
Short-Term Group Debt	8 991 000	1 550 000	1 274 000	812 000
Total Long-Term Debt	579 524 000	629 644 000	643 984 000	680 481 000
Creditors	3 529 000	3 849 000	1 295 000	1 845 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 775 000	9 762 000	4 341 000	4 663 000
Total Current Debt	15 295 000	15 161 000	6 911 000	7 320 000
Total Equity and Debt	893 959 000	956 986 000	947 971 000	1 003 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,33 %	11,06 %	20,54 %	19,84 %
Debt-to-Equity Ratio	1,94	2,02	2,17	2,15
Operating Profit Margin	22,72 %	40,76 %	51,43 %	50,41 %
Current Ratio	2,37	4,83	3,55	4,22
Quick Ratio	2,77	8,99	4,44	5,18
Equity Ratio	0,33	0,33	0,31	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %