NORSPAN LNG XII AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

19,58 %

Current Ratio

0,91

Debt-to-Equity Ratio

4,23

Key figures (USD)	2022	2021	2020	2019
Revenue	27 727 000	26 589 000	27 652 000	13 157 000
Net Income	6 947 000	4 825 000	6 569 000	2 766 000
Total Assets	189 358 000	195 183 000	200 395 000	203 843 000
Total Equity	35 483 000	33 160 000	30 222 000	28 002 000

Income (USD)	2022	2021	2020	2019
Revenue	27 727 000	26 589 000	27 652 000	13 157 000
Expenditure	11 788 000	12 215 000	11 027 000	5 337 000
Operating Profit	15 939 000	14 374 000	16 626 000	7 821 000
Financial Income	11 000	0	2 000	15 000
Financial Costs	9 003 000	9 549 000	10 058 000	5 070 000
Financial Balance	−8 992 000	−9 549 000	−10 056 000	−5 055 000
Earnings Before Tax	6 947 000	4 825 000	6 569 000	2 766 000
Tax	0	0	0	0
Net Income	6 947 000	4 825 000	6 569 000	2 766 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	185 772 000	191 514 000	197 256 000	202 998 000
Total Current Assets	3 586 000	3 669 000	3 139 000	845 000
Total Assets	189 358 000	195 183 000	200 395 000	203 843 000
Total Retained Equity	20 918 000	13 972 000	9 147 000	2 578 000
Total Equity	35 483 000	33 160 000	30 222 000	28 002 000
Total Long-Term Debt	149 924 000	158 646 000	166 914 000	174 799 000
Total Current Debt	3 951 000	3 377 000	3 259 000	1 043 000
Total Equity and Debt	189 358 000	195 183 000	200 395 000	203 843 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	28 010 000	26 837 000	27 944 000	13 290 000
Other Income	−283 000	−248 000	−291 000	−133 000
Revenue	27 727 000	26 589 000	27 652 000	13 157 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 581 000	2 829 000	2 466 000	1 043 000
Depreciation	5 742 000	5 742 000	5 742 000	2 870 000
Impairment	0	0	0	0
Expenditure	11 788 000	12 215 000	11 027 000	5 337 000
Operating Profit	15 939 000	14 374 000	16 626 000	7 821 000
Financial Income	11 000	0	2 000	15 000
Financial Costs	9 003 000	9 549 000	10 058 000	5 070 000
Financial Balance	−8 992 000	−9 549 000	−10 056 000	−5 055 000
Dividends	0	0	0	0
Net Income	6 947 000	4 825 000	6 569 000	2 766 000

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	185 772 000	191 514 000	197 256 000	202 998 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	185 772 000	191 514 000	197 256 000	202 998 000
Stock	491 000	548 000	376 000	389 000
Total Investments	0	0	0	0
Cash, Bank	2 474 000	2 896 000	2 599 000	304 000
Total Current Assets	3 586 000	3 669 000	3 139 000	845 000
Total Assets	189 358 000	195 183 000	200 395 000	203 843 000
Total Equity	35 483 000	33 160 000	30 222 000	28 002 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	149 924 000	158 646 000	166 914 000	174 799 000
Creditors	1 067 000	437 000	371 000	502 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 884 000	2 940 000	2 888 000	541 000
Total Current Debt	3 951 000	3 377 000	3 259 000	1 043 000
Total Equity and Debt	189 358 000	195 183 000	200 395 000	203 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,58 %	14,55 %	21,74 %	9,88 %
Debt-to-Equity Ratio	4,23	4,78	5,52	6,24
Operating Profit Margin	57,49 %	54,06 %	60,13 %	59,44 %
Current Ratio	0,91	1,09	0,96	0,81
Quick Ratio	1,04	1,3	1,09	1,29
Equity Ratio	0,19	0,17	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %