KNUTSEN OAS OFFSHORE AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

3,6 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	296 000	285 000	274 000	263 000
Net Income	32 000	14 000	−2 214 000	402 000
Total Assets	7 398 000	6 141 000	6 696 000	7 235 000
Total Equity	889 000	860 000	846 000	860 000

Income (NOK)	2022	2021	2020	2019
Revenue	296 000	285 000	274 000	263 000
Expenditure	264 000	250 000	3 101 000	−250 000
Operating Profit	32 000	34 000	−2 828 000	513 000
Financial Income	28 000	0	8 000	20 000
Financial Costs	18 000	17 000	19 000	18 000
Financial Balance	10 000	−17 000	−11 000	2 000
Earnings Before Tax	42 000	18 000	−2 839 000	515 000
Tax	9 000	4 000	−625 000	113 000
Net Income	32 000	14 000	−2 214 000	402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	12 000	2 867 000
Total Current Assets	7 398 000	6 133 000	6 684 000	4 368 000
Total Assets	7 398 000	6 141 000	6 696 000	7 235 000
Total Retained Equity	−2 311 000	−2 340 000	−2 354 000	−140 000
Total Equity	889 000	860 000	846 000	860 000
Total Long-Term Debt	0	0	0	612 000
Total Current Debt	6 508 000	5 281 000	5 850 000	5 763 000
Total Equity and Debt	7 398 000	6 141 000	6 696 000	7 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	296 000	285 000	274 000	263 000
Other Income	0	0	0	0
Revenue	296 000	285 000	274 000	263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	2 867 000	−495 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	264 000	250 000	3 101 000	−250 000
Operating Profit	32 000	34 000	−2 828 000	513 000
Financial Income	28 000	0	8 000	20 000
Financial Costs	18 000	17 000	19 000	18 000
Financial Balance	10 000	−17 000	−11 000	2 000
Dividends	0	0	0	0
Net Income	32 000	14 000	−2 214 000	402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	12 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	2 867 000
Total Fixed Assets	0	8 000	12 000	2 867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 549 000	3 510 000	3 130 000	3 656 000
Total Current Assets	7 398 000	6 133 000	6 684 000	4 368 000
Total Assets	7 398 000	6 141 000	6 696 000	7 235 000
Total Equity	889 000	860 000	846 000	860 000
Short-Term Group Debt	4 000	0	0	0
Total Long-Term Debt	0	0	0	612 000
Creditors	301 000	82 000	374 000	3 777 000
Unpaid Taxes	3 963 000	3 204 000	3 399 000	63 000
Dividends	0	0	0	0
Other Current Debt	2 240 000	1 995 000	2 078 000	1 922 000
Total Current Debt	6 508 000	5 281 000	5 850 000	5 763 000
Total Equity and Debt	7 398 000	6 141 000	6 696 000	7 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,6 %	1,63 %	−261,7 %	46,74 %
Debt-to-Equity Ratio	0	0	0	0,71
Operating Profit Margin	10,81 %	11,93 %	−1 032,12 %	195,06 %
Current Ratio	1,14	1,16	1,14	0,76
Quick Ratio	1,14	1,16	1,14	0,76
Equity Ratio	0,12	0,14	0,13	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %