KNUTSEN SHUTTLE TANKERS XII AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

60,51 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	7 487 000	13 100 000	9 561 000	5 228 000
Total Assets	13 172 000	17 582 000	13 147 000	13 217 000
Total Equity	12 374 000	13 761 000	13 076 000	13 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	121 000	111 000	91 000	242 000
Operating Profit	−121 000	−111 000	−91 000	−242 000
Financial Income	7 609 000	13 211 000	9 655 000	5 471 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	7 608 000	13 211 000	9 653 000	5 470 000
Earnings Before Tax	7 487 000	13 100 000	9 561 000	5 228 000
Tax	0	0	0	0
Net Income	7 487 000	13 100 000	9 561 000	5 228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 037 000	13 037 000	13 037 000	13 037 000
Total Current Assets	135 000	4 545 000	110 000	180 000
Total Assets	13 172 000	17 582 000	13 147 000	13 217 000
Total Retained Equity	11 713 000	13 100 000	9 561 000	7 910 000
Total Equity	12 374 000	13 761 000	13 076 000	13 127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	799 000	3 821 000	71 000	91 000
Total Equity and Debt	13 172 000	17 582 000	13 147 000	13 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	121 000	111 000	91 000	242 000
Operating Profit	−121 000	−111 000	−91 000	−242 000
Financial Income	7 609 000	13 211 000	9 655 000	5 471 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	7 608 000	13 211 000	9 653 000	5 470 000
Dividends	0	0	0	0
Net Income	7 487 000	13 100 000	9 561 000	5 228 000

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	0	0	0	0
Total Fiancial Fixed Assets	13 037 000	13 037 000	13 037 000	13 037 000
Total Fixed Assets	13 037 000	13 037 000	13 037 000	13 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	274 000	105 000	167 000
Total Current Assets	135 000	4 545 000	110 000	180 000
Total Assets	13 172 000	17 582 000	13 147 000	13 217 000
Total Equity	12 374 000	13 761 000	13 076 000	13 127 000
Short-Term Group Debt	747 000	301 000	34 000	12 000
Total Long-Term Debt	0	0	0	0
Creditors	28 000	14 000	13 000	54 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	25 000	25 000	25 000
Total Current Debt	799 000	3 821 000	71 000	91 000
Total Equity and Debt	13 172 000	17 582 000	13 147 000	13 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,51 %	95,2 %	73,12 %	39,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,17	1,19	1,55	1,98
Quick Ratio	0,17	1,19	1,55	1,98
Equity Ratio	0,94	0,78	0,99	0,99
Gross Profit Margin	-	-	-	-