NORSPAN LNG VIII AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

11,89 %

Current Ratio

1,66

Debt-to-Equity Ratio

2,01

Key figures (USD)	2022	2021	2020	2019
Revenue	32 211 000	31 721 000	28 779 000	31 662 000
Net Income	9 595 000	8 063 000	7 022 000	9 062 000
Total Assets	254 973 000	263 173 000	264 478 000	288 615 000
Total Equity	80 725 000	77 910 000	76 956 000	69 935 000

Income (USD)	2022	2021	2020	2019
Revenue	32 211 000	31 721 000	28 779 000	31 662 000
Expenditure	15 416 000	15 192 000	14 030 000	13 714 000
Operating Profit	16 796 000	16 530 000	14 750 000	17 949 000
Financial Income	0	0	0	0
Financial Costs	7 201 000	8 467 000	7 728 000	8 887 000
Financial Balance	−7 201 000	−8 467 000	−7 728 000	−8 887 000
Earnings Before Tax	9 595 000	8 063 000	7 022 000	9 062 000
Tax	0	0	0	0
Net Income	9 595 000	8 063 000	7 022 000	9 062 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	234 890 000	243 931 000	252 870 000	256 910 000
Total Current Assets	20 083 000	19 242 000	11 608 000	31 705 000
Total Assets	254 973 000	263 173 000	264 478 000	288 615 000
Total Retained Equity	12 995 000	10 179 000	9 226 000	2 204 000
Total Equity	80 725 000	77 910 000	76 956 000	69 935 000
Total Long-Term Debt	162 136 000	172 797 000	182 227 000	192 519 000
Total Current Debt	12 111 000	12 466 000	5 295 000	26 161 000
Total Equity and Debt	254 973 000	263 173 000	264 478 000	288 615 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	32 372 000	31 881 000	28 922 000	31 821 000
Other Income	−160 000	−159 000	−143 000	−159 000
Revenue	32 211 000	31 721 000	28 779 000	31 662 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 736 000	2 677 000	2 051 000	1 988 000
Depreciation	9 041 000	9 041 000	9 002 000	8 855 000
Impairment	0	0	0	0
Expenditure	15 416 000	15 192 000	14 030 000	13 714 000
Operating Profit	16 796 000	16 530 000	14 750 000	17 949 000
Financial Income	0	0	0	0
Financial Costs	7 201 000	8 467 000	7 728 000	8 887 000
Financial Balance	−7 201 000	−8 467 000	−7 728 000	−8 887 000
Dividends	0	0	0	0
Net Income	9 595 000	8 063 000	7 022 000	9 062 000

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	234 890 000	243 931 000	252 870 000	256 910 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	234 890 000	243 931 000	252 870 000	256 910 000
Stock	65 000	71 000	76 000	60 000
Total Investments	0	0	0	0
Cash, Bank	12 057 000	11 513 000	10 388 000	16 958 000
Total Current Assets	20 083 000	19 242 000	11 608 000	31 705 000
Total Assets	254 973 000	263 173 000	264 478 000	288 615 000
Total Equity	80 725 000	77 910 000	76 956 000	69 935 000
Short-Term Group Debt	6 861 000	7 240 000	64 000	21 038 000
Total Long-Term Debt	162 136 000	172 797 000	182 227 000	192 519 000
Creditors	395 000	336 000	150 000	89 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 856 000	4 890 000	5 082 000	5 034 000
Total Current Debt	12 111 000	12 466 000	5 295 000	26 161 000
Total Equity and Debt	254 973 000	263 173 000	264 478 000	288 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,89 %	10,35 %	9,12 %	12,96 %
Debt-to-Equity Ratio	2,01	2,22	2,37	2,75
Operating Profit Margin	52,14 %	52,11 %	51,25 %	56,69 %
Current Ratio	1,66	1,54	2,19	1,21
Quick Ratio	1,67	1,55	2,22	1,21
Equity Ratio	0,32	0,3	0,29	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %