PARTANKERS XVI AS

0250 OSLO

Finances

Share Ownership

Return on Equity

213,98 %

Current Ratio

0,2

Debt-to-Equity Ratio

999,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 091 000	36 944 000	1 021 000	0
Net Income	398 000	−227 000	6 000	−5 000
Total Assets	190 232 000	174 223 000	220 506 000	10 000
Total Equity	186 000	−212 000	15 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 091 000	36 944 000	1 021 000	0
Expenditure	−20 040 000	50 684 000	1 278 000	5 000
Operating Profit	61 131 000	−13 740 000	−256 000	−5 000
Financial Income	1 631 000	18 038 000	4 452 000	0
Financial Costs	62 342 000	4 526 000	4 190 000	0
Financial Balance	−60 711 000	13 512 000	262 000	0
Earnings Before Tax	420 000	−227 000	6 000	−5 000
Tax	23 000	0	0	0
Net Income	398 000	−227 000	6 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	189 431 000	168 375 000	218 228 000	0
Total Current Assets	801 000	5 849 000	2 278 000	10 000
Total Assets	190 232 000	174 223 000	220 506 000	10 000
Total Retained Equity	162 000	−236 000	−9 000	−14 000
Total Equity	186 000	−212 000	15 000	10 000
Total Long-Term Debt	185 976 000	165 608 000	213 382 000	0
Total Current Debt	4 070 000	8 828 000	7 108 000	0
Total Equity and Debt	190 232 000	174 223 000	220 506 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	41 091 000	36 944 000	1 021 000	0
Revenue	41 091 000	36 944 000	1 021 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 399 000	14 399 000	419 000	0
Impairment	−35 455 000	35 455 000	0	0
Expenditure	−20 040 000	50 684 000	1 278 000	5 000
Operating Profit	61 131 000	−13 740 000	−256 000	−5 000
Financial Income	1 631 000	18 038 000	4 452 000	0
Financial Costs	62 342 000	4 526 000	4 190 000	0
Financial Balance	−60 711 000	13 512 000	262 000	0
Dividends	0	0	0	0
Net Income	398 000	−227 000	6 000	−5 000

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	189 431 000	168 375 000	218 228 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	189 431 000	168 375 000	218 228 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	800 000	5 846 000	1 036 000	10 000
Total Current Assets	801 000	5 849 000	2 278 000	10 000
Total Assets	190 232 000	174 223 000	220 506 000	10 000
Total Equity	186 000	−212 000	15 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 976 000	165 608 000	213 382 000	0
Creditors	0	9 000	2 029 000	0
Unpaid Taxes	2 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	125 000	5 728 000	131 000	0
Total Current Debt	4 070 000	8 828 000	7 108 000	0
Total Equity and Debt	190 232 000	174 223 000	220 506 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,98 %	107,08 %	40 %	−50 %
Debt-to-Equity Ratio	999,87	−781,17	14 225,47	0
Operating Profit Margin	148,77 %	−37,19 %	−25,07 %	-
Current Ratio	0,2	0,66	0,32	-
Quick Ratio	0,2	0,66	0,32	-
Equity Ratio	0	−0	0	1
Gross Profit Margin	100 %	100 %	100 %	-