KNOT SHUTTLE TANKERS 29 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

−1,12 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 991 000	58 819 000	102 389 000	104 893 000
Net Income	−2 623 000	−75 201 000	−14 116 000	−14 917 000
Total Assets	450 671 000	435 630 000	532 774 000	601 487 000
Total Equity	233 693 000	197 460 000	218 185 000	232 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 991 000	58 819 000	102 389 000	104 893 000
Expenditure	134 569 000	125 295 000	107 678 000	108 827 000
Operating Profit	7 422 000	−66 477 000	−5 289 000	−3 933 000
Financial Income	2 660 000	484 000	6 690 000	10 603 000
Financial Costs	12 705 000	9 209 000	15 517 000	21 587 000
Financial Balance	−10 045 000	−8 725 000	−8 827 000	−10 984 000
Earnings Before Tax	−2 623 000	−75 201 000	−14 116 000	−14 917 000
Tax	0	0	0	0
Net Income	−2 623 000	−75 201 000	−14 116 000	−14 917 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	319 693 000	382 282 000	489 368 000	536 598 000
Total Current Assets	130 978 000	53 348 000	43 406 000	64 889 000
Total Assets	450 671 000	435 630 000	532 774 000	601 487 000
Total Retained Equity	0	0	0	0
Total Equity	233 693 000	197 460 000	218 185 000	232 301 000
Total Long-Term Debt	163 337 000	228 665 000	293 994 000	359 320 000
Total Current Debt	53 641 000	9 504 000	20 594 000	9 865 000
Total Equity and Debt	450 671 000	435 630 000	532 774 000	601 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 360 000	56 814 000	102 389 000	104 893 000
Other Income	22 631 000	2 005 000	0	0
Revenue	141 991 000	58 819 000	102 389 000	104 893 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 217 000	31 533 000	29 747 000	26 581 000
Depreciation	62 589 000	70 768 000	50 638 000	60 554 000
Impairment	0	0	0	0
Expenditure	134 569 000	125 295 000	107 678 000	108 827 000
Operating Profit	7 422 000	−66 477 000	−5 289 000	−3 933 000
Financial Income	2 660 000	484 000	6 690 000	10 603 000
Financial Costs	12 705 000	9 209 000	15 517 000	21 587 000
Financial Balance	−10 045 000	−8 725 000	−8 827 000	−10 984 000
Dividends	0	0	0	0
Net Income	−2 623 000	−75 201 000	−14 116 000	−14 917 000

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	319 693 000	382 282 000	445 826 000	424 614 000
Total Fiancial Fixed Assets	0	0	43 541 000	111 984 000
Total Fixed Assets	319 693 000	382 282 000	489 368 000	536 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 646 000	11 042 000	7 200 000	2 550 000
Total Current Assets	130 978 000	53 348 000	43 406 000	64 889 000
Total Assets	450 671 000	435 630 000	532 774 000	601 487 000
Total Equity	233 693 000	197 460 000	218 185 000	232 301 000
Short-Term Group Debt	45 033 000	1 020 000	9 883 000	1 493 000
Total Long-Term Debt	163 337 000	228 665 000	293 994 000	359 320 000
Creditors	8 354 000	8 306 000	10 434 000	7 926 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	254 000	179 000	277 000	446 000
Total Current Debt	53 641 000	9 504 000	20 594 000	9 865 000
Total Equity and Debt	450 671 000	435 630 000	532 774 000	601 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,12 %	−38,08 %	−6,47 %	−6,42 %
Debt-to-Equity Ratio	0,7	1,16	1,35	1,55
Operating Profit Margin	5,23 %	−113,02 %	−5,17 %	−3,75 %
Current Ratio	2,44	5,61	2,11	6,58
Quick Ratio	2,44	5,61	2,11	6,58
Equity Ratio	0,52	0,45	0,41	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %