NORSPAN LNG VII AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

1,24

Debt-to-Equity Ratio

3,96

Key figures (USD)	2022	2021	2020	2019
Revenue	28 072 000	27 564 000	24 733 000	27 394 000
Net Income	1 503 000	1 221 000	1 100 000	2 373 000
Total Assets	205 410 000	207 261 000	217 028 000	217 431 000
Total Equity	39 070 000	31 867 000	30 645 000	29 546 000

Income (USD)	2022	2021	2020	2019
Revenue	28 072 000	27 564 000	24 733 000	27 394 000
Expenditure	14 040 000	14 021 000	12 783 000	13 091 000
Operating Profit	14 031 000	13 542 000	11 950 000	14 304 000
Financial Income	5 000	497 000	27 000	142 000
Financial Costs	12 533 000	12 817 000	10 878 000	12 072 000
Financial Balance	−12 528 000	−12 320 000	−10 851 000	−11 930 000
Earnings Before Tax	1 503 000	1 221 000	1 100 000	2 373 000
Tax	0	0	0	0
Net Income	1 503 000	1 221 000	1 100 000	2 373 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	190 808 000	198 428 000	205 948 000	208 094 000
Total Current Assets	14 603 000	8 833 000	11 080 000	9 337 000
Total Assets	205 410 000	207 261 000	217 028 000	217 431 000
Total Retained Equity	12 017 000	4 813 000	3 592 000	2 492 000
Total Equity	39 070 000	31 867 000	30 645 000	29 546 000
Total Long-Term Debt	154 579 000	167 910 000	178 262 000	183 855 000
Total Current Debt	11 761 000	7 485 000	8 121 000	4 031 000
Total Equity and Debt	205 410 000	207 261 000	217 028 000	217 431 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	28 213 000	27 702 000	24 858 000	27 532 000
Other Income	−141 000	−139 000	−125 000	−138 000
Revenue	28 072 000	27 564 000	24 733 000	27 394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 639 000	2 822 000	2 536 000	2 486 000
Depreciation	7 620 000	7 617 000	7 510 000	7 362 000
Impairment	0	0	0	0
Expenditure	14 040 000	14 021 000	12 783 000	13 091 000
Operating Profit	14 031 000	13 542 000	11 950 000	14 304 000
Financial Income	5 000	497 000	27 000	142 000
Financial Costs	12 533 000	12 817 000	10 878 000	12 072 000
Financial Balance	−12 528 000	−12 320 000	−10 851 000	−11 930 000
Dividends	0	0	0	0
Net Income	1 503 000	1 221 000	1 100 000	2 373 000

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	190 808 000	198 428 000	205 948 000	208 094 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	190 808 000	198 428 000	205 948 000	208 094 000
Stock	174 000	151 000	95 000	166 000
Total Investments	0	0	0	0
Cash, Bank	8 050 000	7 901 000	10 491 000	8 543 000
Total Current Assets	14 603 000	8 833 000	11 080 000	9 337 000
Total Assets	205 410 000	207 261 000	217 028 000	217 431 000
Total Equity	39 070 000	31 867 000	30 645 000	29 546 000
Short-Term Group Debt	5 700 000	0	0	0
Total Long-Term Debt	154 579 000	167 910 000	178 262 000	183 855 000
Creditors	668 000	876 000	2 945 000	429 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 393 000	6 609 000	5 175 000	3 601 000
Total Current Debt	11 761 000	7 485 000	8 121 000	4 031 000
Total Equity and Debt	205 410 000	207 261 000	217 028 000	217 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	3,83 %	3,59 %	8,03 %
Debt-to-Equity Ratio	3,96	5,27	5,82	6,22
Operating Profit Margin	49,98 %	49,13 %	48,32 %	52,22 %
Current Ratio	1,24	1,18	1,36	2,32
Quick Ratio	1,26	1,2	1,38	2,42
Equity Ratio	0,19	0,15	0,14	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %