HÖEGH LNG FLEET MANAGEMENT AS

0277 OSLO

Finances

Share Ownership

Return on Equity

20,1 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 174 000	115 303 000	91 450 000	90 831 000
Net Income	3 688 000	3 519 000	1 770 000	−5 134 000
Total Assets	144 638 000	107 463 000	86 178 000	112 680 000
Total Equity	18 351 000	14 662 000	11 144 000	9 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 174 000	115 303 000	91 450 000	90 831 000
Expenditure	173 742 000	109 796 000	85 599 000	98 624 000
Operating Profit	1 431 000	5 507 000	5 852 000	−7 793 000
Financial Income	366 000	1 740 000	50 000	4 792 000
Financial Costs	−2 263 000	2 805 000	3 730 000	2 012 000
Financial Balance	2 629 000	−1 065 000	−3 680 000	2 780 000
Earnings Before Tax	4 061 000	4 441 000	2 172 000	−5 013 000
Tax	372 000	923 000	402 000	121 000
Net Income	3 688 000	3 519 000	1 770 000	−5 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	144 638 000	107 463 000	86 178 000	112 680 000
Total Assets	144 638 000	107 463 000	86 178 000	112 680 000
Total Retained Equity	12 213 000	8 524 000	5 006 000	3 235 000
Total Equity	18 351 000	14 662 000	11 144 000	9 373 000
Total Long-Term Debt	1 176 000	1 176 000	824 000	1 169 000
Total Current Debt	125 112 000	91 625 000	74 210 000	102 138 000
Total Equity and Debt	144 638 000	107 463 000	86 178 000	112 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	175 174 000	115 303 000	91 450 000	90 831 000
Revenue	175 174 000	115 303 000	91 450 000	90 831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	73 510 000	13 411 000	31 747 000	29 942 000
Depreciation	3 661 000	4 427 000	4 611 000	3 895 000
Impairment	0	0	0	0
Expenditure	173 742 000	109 796 000	85 599 000	98 624 000
Operating Profit	1 431 000	5 507 000	5 852 000	−7 793 000
Financial Income	366 000	1 740 000	50 000	4 792 000
Financial Costs	−2 263 000	2 805 000	3 730 000	2 012 000
Financial Balance	2 629 000	−1 065 000	−3 680 000	2 780 000
Dividends	0	0	0	0
Net Income	3 688 000	3 519 000	1 770 000	−5 134 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 746 000	6 408 000	10 834 000	14 707 000
Total Investments	0	0	0	0
Cash, Bank	14 291 000	12 143 000	32 716 000	32 520 000
Total Current Assets	144 638 000	107 463 000	86 178 000	112 680 000
Total Assets	144 638 000	107 463 000	86 178 000	112 680 000
Total Equity	18 351 000	14 662 000	11 144 000	9 373 000
Short-Term Group Debt	113 634 000	79 042 000	33 717 000	50 515 000
Total Long-Term Debt	1 176 000	1 176 000	824 000	1 169 000
Creditors	3 004 000	1 000 000	23 271 000	31 571 000
Unpaid Taxes	1 516 000	2 496 000	3 874 000	2 895 000
Dividends	0	0	0	0
Other Current Debt	6 958 000	9 087 000	13 348 000	17 156 000
Total Current Debt	125 112 000	91 625 000	74 210 000	102 138 000
Total Equity and Debt	144 638 000	107 463 000	86 178 000	112 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,1 %	24 %	15,88 %	−54,77 %
Debt-to-Equity Ratio	0,06	0,08	0,07	0,12
Operating Profit Margin	0,82 %	4,78 %	6,4 %	−8,58 %
Current Ratio	1,16	1,17	1,16	1,1
Quick Ratio	1,18	1,26	1,36	1,29
Equity Ratio	0,13	0,14	0,13	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %