KNUTSEN SHUTTLE TANKERS 3 AS

5529 HAUGESUND

Finances

Return on Equity

17,33 %

Current Ratio

2,74

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	410 820 000	181 886 000	303 053 000	229 034 000
Net Income	32 729 000	−82 889 000	−19 068 000	−57 385 000
Total Assets	380 235 000	716 100 000	743 707 000	967 706 000
Total Equity	188 903 000	159 485 000	424 216 000	533 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	410 820 000	181 886 000	303 053 000	229 034 000
Expenditure	197 538 000	283 843 000	266 005 000	273 340 000
Operating Profit	47 503 000	−101 957 000	37 048 000	−44 306 000
Financial Income	8 281 000	8 028 000	−39 855 000	7 531 000
Financial Costs	13 809 000	12 581 000	21 623 000	36 778 000
Financial Balance	−5 528 000	−4 553 000	−61 478 000	−29 247 000
Earnings Before Tax	41 975 000	−106 510 000	−24 430 000	−73 553 000
Tax	9 246 000	−23 621 000	−5 362 000	−16 167 000
Net Income	32 729 000	−82 889 000	−19 068 000	−57 385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 202 000	342 665 000	486 910 000	633 785 000
Total Current Assets	135 033 000	373 435 000	256 797 000	333 922 000
Total Assets	380 235 000	716 100 000	743 707 000	967 706 000
Total Retained Equity	25 572 000	0	0	0
Total Equity	188 903 000	159 485 000	424 216 000	533 910 000
Total Long-Term Debt	141 998 000	219 041 000	296 116 000	376 946 000
Total Current Debt	49 334 000	337 573 000	23 375 000	56 851 000
Total Equity and Debt	380 235 000	716 100 000	743 707 000	967 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	382 486 000	257 429 000	384 659 000	338 473 000
Other Income	28 334 000	−75 543 000	−81 606 000	−109 439 000
Revenue	410 820 000	181 886 000	303 053 000	229 034 000
Cost of Goods Sold	4 146 000	0	0	0
Salary Costs	60 175 000	73 857 000	77 060 000	67 573 000
Depreciation	75 500 000	126 328 000	109 704 000	127 566 000
Impairment	0	16 819 000	0	0
Expenditure	197 538 000	283 843 000	266 005 000	273 340 000
Operating Profit	47 503 000	−101 957 000	37 048 000	−44 306 000
Financial Income	8 281 000	8 028 000	−39 855 000	7 531 000
Financial Costs	13 809 000	12 581 000	21 623 000	36 778 000
Financial Balance	−5 528 000	−4 553 000	−61 478 000	−29 247 000
Dividends	0	0	0	0
Net Income	32 729 000	−82 889 000	−19 068 000	−57 385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 286 000	39 513 000	49 219 000	87 188 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	212 804 000	303 039 000	437 690 000	546 597 000
Total Fiancial Fixed Assets	112 000	112 000	0	0
Total Fixed Assets	245 202 000	342 665 000	486 910 000	633 785 000
Stock	13 255 000	14 455 000	11 667 000	16 162 000
Total Investments	0	0	0	0
Cash, Bank	64 710 000	19 008 000	12 859 000	22 711 000
Total Current Assets	135 033 000	373 435 000	256 797 000	333 922 000
Total Assets	380 235 000	716 100 000	743 707 000	967 706 000
Total Equity	188 903 000	159 485 000	424 216 000	533 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 998 000	219 041 000	296 116 000	376 946 000
Creditors	2 471 000	9 429 000	8 427 000	14 225 000
Unpaid Taxes	9 176 000	300 000 000	0	0
Dividends	0	0	0	0
Other Current Debt	8 242 000	5 375 000	6 722 000	19 154 000
Total Current Debt	49 334 000	337 573 000	23 375 000	56 851 000
Total Equity and Debt	380 235 000	716 100 000	743 707 000	967 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,33 %	−51,97 %	−4,49 %	−10,75 %
Debt-to-Equity Ratio	0,75	1,37	0,7	0,71
Operating Profit Margin	11,56 %	−56,06 %	12,22 %	−19,34 %
Current Ratio	2,74	1,11	10,99	5,87
Quick Ratio	3,74	1,16	21,93	8,21
Equity Ratio	0,5	0,22	0,57	0,55
Gross Profit Margin	98,99 %	100 %	100 %	100 %