NORSPAN LNG 16 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

8,86 %

Current Ratio

1,07

Debt-to-Equity Ratio

6,26

Key figures (USD)	2022	2021	2020	2019
Revenue	12 264 000	0	0	0
Net Income	2 227 000	56 000	−34 000	0
Total Assets	184 853 000	59 607 000	9 505 000	4 000
Total Equity	25 127 000	9 026 000	8 970 000	4 000

Income (USD)	2022	2021	2020
Revenue	12 264 000	0	0
Expenditure	5 366 000	55 000	35 000
Operating Profit	6 897 000	−55 000	−35 000
Financial Income	32 000	127 000	0
Financial Costs	4 703 000	6 000	−4 000
Financial Balance	−4 671 000	121 000	4 000
Earnings Before Tax	2 227 000	66 000	−31 000
Tax	0	10 000	3 000
Net Income	2 227 000	56 000	−34 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	182 232 000	57 965 000	9 488 000	0
Total Current Assets	2 621 000	1 641 000	17 000	4 000
Total Assets	184 853 000	59 607 000	9 505 000	4 000
Total Retained Equity	2 248 000	21 000	−34 000	0
Total Equity	25 127 000	9 026 000	8 970 000	4 000
Total Long-Term Debt	157 273 000	35 883 000	0	0
Total Current Debt	2 452 000	14 697 000	535 000	0
Total Equity and Debt	184 853 000	59 607 000	9 505 000	4 000

Cash flow (USD)	2022	2021	2020
Sales Income	12 388 000	0	0
Other Income	−124 000	0	0
Revenue	12 264 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	1 318 000	0	0
Depreciation	2 828 000	0	0
Impairment	0	0	0
Expenditure	5 366 000	55 000	35 000
Operating Profit	6 897 000	−55 000	−35 000
Financial Income	32 000	127 000	0
Financial Costs	4 703 000	6 000	−4 000
Financial Balance	−4 671 000	121 000	4 000
Dividends	0	0	0
Net Income	2 227 000	56 000	−34 000

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	182 232 000	57 965 000	9 488 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	182 232 000	57 965 000	9 488 000	0
Stock	314 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 035 000	331 000	9 000	4 000
Total Current Assets	2 621 000	1 641 000	17 000	4 000
Total Assets	184 853 000	59 607 000	9 505 000	4 000
Total Equity	25 127 000	9 026 000	8 970 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 273 000	35 883 000	0	0
Creditors	198 000	59 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 254 000	14 628 000	525 000	0
Total Current Debt	2 452 000	14 697 000	535 000	0
Total Equity and Debt	184 853 000	59 607 000	9 505 000	4 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,86 %	0,62 %	−0,38 %	0 %
Debt-to-Equity Ratio	6,26	3,98	0	0
Operating Profit Margin	56,24 %	-	-	-
Current Ratio	1,07	0,11	0,03	-
Quick Ratio	1,23	0,11	0,03	-
Equity Ratio	0,14	0,15	0,94	1
Gross Profit Margin	100 %	-	-	-