NORSPAN LNG V AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

9,42 %

Current Ratio

1,44

Debt-to-Equity Ratio

4,35

Key figures (USD)	2022	2021	2020	2019
Revenue	28 072 000	27 451 000	18 753 000	27 394 000
Net Income	3 410 000	3 188 000	−6 184 000	2 605 000
Total Assets	204 197 000	205 609 000	210 831 000	215 471 000
Total Equity	36 205 000	27 795 000	24 607 000	30 791 000

Income (USD)	2022	2021	2020	2019
Revenue	28 072 000	27 451 000	18 753 000	27 394 000
Expenditure	14 305 000	13 792 000	13 793 000	13 133 000
Operating Profit	13 767 000	13 660 000	4 960 000	14 261 000
Financial Income	3 000	260 000	28 000	121 000
Financial Costs	10 360 000	10 732 000	11 171 000	11 777 000
Financial Balance	−10 357 000	−10 472 000	−11 143 000	−11 656 000
Earnings Before Tax	3 410 000	3 188 000	−6 184 000	2 605 000
Tax	0	0	0	0
Net Income	3 410 000	3 188 000	−6 184 000	2 605 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	189 006 000	196 801 000	203 853 000	205 692 000
Total Current Assets	15 191 000	8 808 000	6 977 000	9 779 000
Total Assets	204 197 000	205 609 000	210 831 000	215 471 000
Total Retained Equity	3 126 000	−283 000	−3 472 000	2 712 000
Total Equity	36 205 000	27 795 000	24 607 000	30 791 000
Total Long-Term Debt	157 469 000	171 493 000	181 158 000	179 794 000
Total Current Debt	10 523 000	6 321 000	5 066 000	4 886 000
Total Equity and Debt	204 197 000	205 609 000	210 831 000	215 471 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	28 213 000	27 589 000	18 847 000	27 532 000
Other Income	−141 000	−138 000	−94 000	−138 000
Revenue	28 072 000	27 451 000	18 753 000	27 394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 600 000	2 780 000	2 726 000	2 478 000
Depreciation	7 795 000	7 793 000	7 717 000	7 643 000
Impairment	0	0	0	0
Expenditure	14 305 000	13 792 000	13 793 000	13 133 000
Operating Profit	13 767 000	13 660 000	4 960 000	14 261 000
Financial Income	3 000	260 000	28 000	121 000
Financial Costs	10 360 000	10 732 000	11 171 000	11 777 000
Financial Balance	−10 357 000	−10 472 000	−11 143 000	−11 656 000
Dividends	0	0	0	0
Net Income	3 410 000	3 188 000	−6 184 000	2 605 000

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	189 006 000	196 801 000	203 853 000	205 692 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	189 006 000	196 801 000	203 853 000	205 692 000
Stock	333 000	237 000	204 000	213 000
Total Investments	0	0	0	0
Cash, Bank	9 049 000	7 830 000	6 089 000	8 644 000
Total Current Assets	15 191 000	8 808 000	6 977 000	9 779 000
Total Assets	204 197 000	205 609 000	210 831 000	215 471 000
Total Equity	36 205 000	27 795 000	24 607 000	30 791 000
Short-Term Group Debt	5 240 000	1 433 000	14 000	0
Total Long-Term Debt	157 469 000	171 493 000	181 158 000	179 794 000
Creditors	371 000	358 000	419 000	366 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 911 000	4 531 000	4 633 000	4 519 000
Total Current Debt	10 523 000	6 321 000	5 066 000	4 886 000
Total Equity and Debt	204 197 000	205 609 000	210 831 000	215 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,42 %	11,47 %	−25,13 %	8,46 %
Debt-to-Equity Ratio	4,35	6,17	7,36	5,84
Operating Profit Margin	49,04 %	49,76 %	26,45 %	52,06 %
Current Ratio	1,44	1,39	1,38	2
Quick Ratio	1,49	1,45	1,44	2,09
Equity Ratio	0,18	0,14	0,12	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %