KNUTSEN BALLAST WATER AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

27,95 %

Current Ratio

4,2

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 130 000	72 675 000	51 771 000	43 650 000
Net Income	15 253 000	10 513 000	7 853 000	−11 838 000
Total Assets	86 868 000	61 827 000	52 691 000	42 200 000
Total Equity	54 580 000	39 326 000	28 813 000	20 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 130 000	72 675 000	51 771 000	43 650 000
Expenditure	71 311 000	67 213 000	41 419 000	55 489 000
Operating Profit	26 819 000	5 462 000	10 352 000	−11 838 000
Financial Income	1 248 000	6 000	746 000	1 128 000
Financial Costs	480 000	1 355 000	2 044 000	11 000
Financial Balance	768 000	−1 349 000	−1 298 000	1 117 000
Earnings Before Tax	27 587 000	4 113 000	9 054 000	−10 721 000
Tax	12 334 000	−6 400 000	1 201 000	1 117 000
Net Income	15 253 000	10 513 000	7 853 000	−11 838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 411 000	17 498 000	11 098 000	12 299 000
Total Current Assets	81 457 000	44 328 000	41 593 000	29 901 000
Total Assets	86 868 000	61 827 000	52 691 000	42 200 000
Total Retained Equity	−13 520 000	−28 774 000	−39 287 000	−47 790 000
Total Equity	54 580 000	39 326 000	28 813 000	20 310 000
Total Long-Term Debt	12 889 000	9 366 000	10 691 000	0
Total Current Debt	19 400 000	13 134 000	13 187 000	21 890 000
Total Equity and Debt	86 868 000	61 827 000	52 691 000	42 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 130 000	72 675 000	51 771 000	43 650 000
Other Income	0	0	0	0
Revenue	98 130 000	72 675 000	51 771 000	43 650 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	0	0	0
Impairment	0	0	0	0
Expenditure	71 311 000	67 213 000	41 419 000	55 489 000
Operating Profit	26 819 000	5 462 000	10 352 000	−11 838 000
Financial Income	1 248 000	6 000	746 000	1 128 000
Financial Costs	480 000	1 355 000	2 044 000	11 000
Financial Balance	768 000	−1 349 000	−1 298 000	1 117 000
Dividends	0	0	0	0
Net Income	15 253 000	10 513 000	7 853 000	−11 838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 164 000	17 498 000	11 098 000	12 299 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	247 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	247 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 411 000	17 498 000	11 098 000	12 299 000
Stock	6 833 000	1 967 000	655 000	2 477 000
Total Investments	0	0	0	0
Cash, Bank	63 615 000	17 554 000	234 000	394 000
Total Current Assets	81 457 000	44 328 000	41 593 000	29 901 000
Total Assets	86 868 000	61 827 000	52 691 000	42 200 000
Total Equity	54 580 000	39 326 000	28 813 000	20 310 000
Short-Term Group Debt	0	0	10 230 000	109 000
Total Long-Term Debt	12 889 000	9 366 000	10 691 000	0
Creditors	2 411 000	4 812 000	1 734 000	2 031 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 989 000	8 322 000	1 222 000	19 749 000
Total Current Debt	19 400 000	13 134 000	13 187 000	21 890 000
Total Equity and Debt	86 868 000	61 827 000	52 691 000	42 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,95 %	26,73 %	27,26 %	−58,29 %
Debt-to-Equity Ratio	0,24	0,24	0,37	0
Operating Profit Margin	27,33 %	7,52 %	20 %	−27,12 %
Current Ratio	4,2	3,38	3,15	1,37
Quick Ratio	6,48	3,97	3,32	1,54
Equity Ratio	0,63	0,64	0,55	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %