KNOT SHUTTLE TANKERS 31 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

16,39 %

Current Ratio

2,34

Debt-to-Equity Ratio

4,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	157 300 000	119 195 000	0	0
Net Income	29 960 000	3 366 000	−1 688 000	−1 576 000
Total Assets	976 971 000	975 747 000	181 985 000	106 936 000
Total Equity	182 819 000	152 859 000	177 925 000	101 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	157 300 000	119 195 000	0	0
Expenditure	87 916 000	86 492 000	2 917 000	204 000
Operating Profit	67 293 000	32 704 000	−2 917 000	−204 000
Financial Income	387 000	−656 000	1 371 000	−238 000
Financial Costs	37 720 000	28 682 000	142 000	1 134 000
Financial Balance	−37 333 000	−29 338 000	1 229 000	−1 372 000
Earnings Before Tax	29 960 000	3 366 000	−1 688 000	−1 576 000
Tax	0	0	0	0
Net Income	29 960 000	3 366 000	−1 688 000	−1 576 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	874 691 000	911 348 000	171 892 000	99 417 000
Total Current Assets	102 280 000	64 399 000	10 093 000	7 520 000
Total Assets	976 971 000	975 747 000	181 985 000	106 936 000
Total Retained Equity	33 326 000	3 366 000	0	0
Total Equity	182 819 000	152 859 000	177 925 000	101 429 000
Total Long-Term Debt	750 447 000	784 590 000	0	0
Total Current Debt	43 706 000	38 298 000	4 061 000	5 508 000
Total Equity and Debt	976 971 000	975 747 000	181 985 000	106 936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	157 300 000	118 941 000	0	0
Other Income	0	254 000	0	0
Revenue	157 300 000	119 195 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	25 205 000	24 168 000	951 000	0
Depreciation	39 703 000	37 251 000	0	0
Impairment	0	0	0	0
Expenditure	87 916 000	86 492 000	2 917 000	204 000
Operating Profit	67 293 000	32 704 000	−2 917 000	−204 000
Financial Income	387 000	−656 000	1 371 000	−238 000
Financial Costs	37 720 000	28 682 000	142 000	1 134 000
Financial Balance	−37 333 000	−29 338 000	1 229 000	−1 372 000
Dividends	0	0	0	0
Net Income	29 960 000	3 366 000	−1 688 000	−1 576 000

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	874 691 000	911 348 000	171 892 000	99 417 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	874 691 000	911 348 000	171 892 000	99 417 000
Stock	2 862 000	3 051 000	0	0
Total Investments	0	0	0	0
Cash, Bank	52 904 000	22 372 000	8 646 000	463 000
Total Current Assets	102 280 000	64 399 000	10 093 000	7 520 000
Total Assets	976 971 000	975 747 000	181 985 000	106 936 000
Total Equity	182 819 000	152 859 000	177 925 000	101 429 000
Short-Term Group Debt	1 618 000	4 871 000	1 544 000	5 343 000
Total Long-Term Debt	750 447 000	784 590 000	0	0
Creditors	1 229 000	4 808 000	2 513 000	156 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	40 858 000	28 620 000	4 000	9 000
Total Current Debt	43 706 000	38 298 000	4 061 000	5 508 000
Total Equity and Debt	976 971 000	975 747 000	181 985 000	106 936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,39 %	2,2 %	−0,95 %	−1,55 %
Debt-to-Equity Ratio	4,1	5,13	0	0
Operating Profit Margin	42,78 %	27,44 %	-	-
Current Ratio	2,34	1,68	2,49	1,37
Quick Ratio	2,5	1,83	2,49	1,37
Equity Ratio	0,19	0,16	0,98	0,95
Gross Profit Margin	100 %	100 %	-	-