NORSPAN LNG II AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

21,33 %

Current Ratio

2,9

Debt-to-Equity Ratio

4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	198 961 000	188 480 000	209 661 000	194 813 000
Net Income	37 433 000	18 666 000	17 087 000	2 661 000
Total Assets	984 840 000	1 008 448 000	1 046 895 000	1 132 183 000
Total Equity	175 532 000	138 099 000	119 433 000	78 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	198 961 000	188 480 000	209 661 000	194 813 000
Expenditure	95 915 000	93 895 000	91 482 000	88 924 000
Operating Profit	103 046 000	94 585 000	118 179 000	105 889 000
Financial Income	8 000	4 579 000	7 000	195 000
Financial Costs	65 621 000	80 498 000	101 099 000	103 424 000
Financial Balance	−65 613 000	−75 919 000	−101 092 000	−103 229 000
Earnings Before Tax	37 433 000	18 666 000	17 087 000	2 661 000
Tax	0	0	0	0
Net Income	37 433 000	18 666 000	17 087 000	2 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 595 000	853 439 000	895 493 000	937 689 000
Total Current Assets	179 245 000	155 010 000	151 402 000	194 494 000
Total Assets	984 840 000	1 008 448 000	1 046 895 000	1 132 183 000
Total Retained Equity	57 854 000	20 421 000	1 755 000	−15 332 000
Total Equity	175 532 000	138 099 000	119 433 000	78 846 000
Total Long-Term Debt	747 491 000	810 667 000	894 081 000	1 020 840 000
Total Current Debt	61 817 000	59 682 000	33 381 000	32 497 000
Total Equity and Debt	984 840 000	1 008 448 000	1 046 895 000	1 132 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 616 000	168 268 000	210 340 000	195 434 000
Other Income	−655 000	20 212 000	−679 000	−621 000
Revenue	198 961 000	188 480 000	209 661 000	194 813 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 524 000	23 555 000	24 535 000	22 018 000
Depreciation	47 844 000	43 722 000	43 550 000	45 851 000
Impairment	0	0	0	0
Expenditure	95 915 000	93 895 000	91 482 000	88 924 000
Operating Profit	103 046 000	94 585 000	118 179 000	105 889 000
Financial Income	8 000	4 579 000	7 000	195 000
Financial Costs	65 621 000	80 498 000	101 099 000	103 424 000
Financial Balance	−65 613 000	−75 919 000	−101 092 000	−103 229 000
Dividends	0	0	0	0
Net Income	37 433 000	18 666 000	17 087 000	2 661 000

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	805 595 000	853 439 000	895 493 000	937 689 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	805 595 000	853 439 000	895 493 000	937 689 000
Stock	1 608 000	1 510 000	1 418 000	1 581 000
Total Investments	0	0	0	0
Cash, Bank	171 737 000	141 580 000	123 034 000	98 667 000
Total Current Assets	179 245 000	155 010 000	151 402 000	194 494 000
Total Assets	984 840 000	1 008 448 000	1 046 895 000	1 132 183 000
Total Equity	175 532 000	138 099 000	119 433 000	78 846 000
Short-Term Group Debt	15 215 000	4 757 000	151 000	0
Total Long-Term Debt	747 491 000	810 667 000	894 081 000	1 020 840 000
Creditors	1 825 000	11 134 000	2 421 000	2 858 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	44 751 000	43 758 000	30 768 000	29 587 000
Total Current Debt	61 817 000	59 682 000	33 381 000	32 497 000
Total Equity and Debt	984 840 000	1 008 448 000	1 046 895 000	1 132 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,33 %	13,52 %	14,31 %	3,37 %
Debt-to-Equity Ratio	4,26	5,87	7,49	12,95
Operating Profit Margin	51,79 %	50,18 %	56,37 %	54,35 %
Current Ratio	2,9	2,6	4,54	5,98
Quick Ratio	2,98	2,66	4,74	6,29
Equity Ratio	0,18	0,14	0,11	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %