NORSPAN LNG IV AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

−2,22 %

Current Ratio

1,18

Debt-to-Equity Ratio

3,19

Key figures (USD)	2022	2021	2020	2019
Revenue	22 998 000	25 154 000	25 144 000	24 992 000
Net Income	−865 000	2 370 000	1 990 000	1 376 000
Total Assets	171 272 000	171 619 000	177 219 000	184 193 000
Total Equity	38 946 000	36 544 000	34 173 000	33 433 000

Income (USD)	2022	2021	2020	2019
Revenue	22 998 000	25 154 000	25 144 000	24 992 000
Expenditure	13 768 000	12 113 000	11 830 000	11 605 000
Operating Profit	9 231 000	13 041 000	13 315 000	13 387 000
Financial Income	0	0	0	0
Financial Costs	10 096 000	10 671 000	11 325 000	12 011 000
Financial Balance	−10 096 000	−10 671 000	−11 325 000	−12 011 000
Earnings Before Tax	−865 000	2 370 000	1 990 000	1 376 000
Tax	0	0	0	0
Net Income	−865 000	2 370 000	1 990 000	1 376 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	161 581 000	160 278 000	167 116 000	173 905 000
Total Current Assets	9 691 000	11 342 000	10 103 000	10 289 000
Total Assets	171 272 000	171 619 000	177 219 000	184 193 000
Total Retained Equity	1 861 000	2 726 000	356 000	−1 634 000
Total Equity	38 946 000	36 544 000	34 173 000	33 433 000
Total Long-Term Debt	124 115 000	131 776 000	139 001 000	145 789 000
Total Current Debt	8 212 000	3 299 000	4 045 000	4 971 000
Total Equity and Debt	171 272 000	171 619 000	177 219 000	184 193 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	23 066 000	25 230 000	25 220 000	25 067 000
Other Income	−68 000	−76 000	−75 000	−75 000
Revenue	22 998 000	25 154 000	25 144 000	24 992 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 674 000	2 651 000	2 417 000	2 377 000
Depreciation	7 710 000	6 845 000	6 845 000	6 826 000
Impairment	0	0	0	0
Expenditure	13 768 000	12 113 000	11 830 000	11 605 000
Operating Profit	9 231 000	13 041 000	13 315 000	13 387 000
Financial Income	0	0	0	0
Financial Costs	10 096 000	10 671 000	11 325 000	12 011 000
Financial Balance	−10 096 000	−10 671 000	−11 325 000	−12 011 000
Dividends	0	0	0	0
Net Income	−865 000	2 370 000	1 990 000	1 376 000

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	161 581 000	160 278 000	167 116 000	173 905 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 581 000	160 278 000	167 116 000	173 905 000
Stock	191 000	224 000	202 000	214 000
Total Investments	0	0	0	0
Cash, Bank	5 346 000	9 754 000	9 222 000	8 220 000
Total Current Assets	9 691 000	11 342 000	10 103 000	10 289 000
Total Assets	171 272 000	171 619 000	177 219 000	184 193 000
Total Equity	38 946 000	36 544 000	34 173 000	33 433 000
Short-Term Group Debt	3 267 000	0	0	0
Total Long-Term Debt	124 115 000	131 776 000	139 001 000	145 789 000
Creditors	2 079 000	338 000	343 000	458 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 865 000	2 961 000	3 702 000	3 312 000
Total Current Debt	8 212 000	3 299 000	4 045 000	4 971 000
Total Equity and Debt	171 272 000	171 619 000	177 219 000	184 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,22 %	6,49 %	5,82 %	4,12 %
Debt-to-Equity Ratio	3,19	3,61	4,07	4,36
Operating Profit Margin	40,14 %	51,84 %	52,95 %	53,57 %
Current Ratio	1,18	3,44	2,5	2,07
Quick Ratio	1,21	3,69	2,63	2,16
Equity Ratio	0,23	0,21	0,19	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %