KNUTSEN NYK OFFSHORE TANKERS AS

5529 HAUGESUND

Finances

Return on Equity

8,4 %

Current Ratio

0,73

Debt-to-Equity Ratio

1,44

Key figures (USD)	2022	2021	2020	2019
Revenue	343 118 000	185 369 000	252 471 000	262 571 000
Net Income	40 440 000	−43 551 000	14 037 000	−2 789 000
Total Assets	1 381 695 000	1 282 736 000	1 216 702 000	1 226 300 000
Total Equity	481 356 000	454 388 000	517 420 000	500 218 000

Income (USD)	2022	2021	2020	2019
Revenue	343 118 000	185 369 000	252 471 000	262 571 000
Expenditure	288 039 000	239 161 000	213 040 000	246 962 000
Operating Profit	55 079 000	−53 792 000	39 431 000	15 609 000
Financial Income	27 683 000	40 946 000	14 179 000	17 062 000
Financial Costs	37 423 000	26 293 000	37 215 000	37 840 000
Financial Balance	−9 740 000	14 653 000	−23 036 000	−20 778 000
Earnings Before Tax	45 339 000	−39 139 000	16 395 000	−5 169 000
Tax	4 899 000	4 412 000	2 358 000	−2 380 000
Net Income	40 440 000	−43 551 000	14 037 000	−2 789 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	1 230 632 000	1 162 900 000	1 071 153 000	1 093 629 000
Total Current Assets	151 063 000	119 836 000	145 549 000	132 671 000
Total Assets	1 381 695 000	1 282 736 000	1 216 702 000	1 226 300 000
Total Retained Equity	105 491 000	78 523 000	141 555 000	124 353 000
Total Equity	481 356 000	454 388 000	517 420 000	500 218 000
Total Long-Term Debt	694 733 000	618 830 000	575 848 000	392 018 000
Total Current Debt	205 606 000	209 519 000	123 434 000	334 064 000
Total Equity and Debt	1 381 695 000	1 282 737 000	1 216 702 000	1 226 300 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	298 566 000	166 667 000	210 379 000	244 472 000
Other Income	44 552 000	18 702 000	42 092 000	18 099 000
Revenue	343 118 000	185 369 000	252 471 000	262 571 000
Cost of Goods Sold	0	0	0	0
Salary Costs	62 953 000	61 918 000	57 859 000	59 937 000
Depreciation	91 159 000	123 857 000	110 864 000	116 510 000
Impairment	0	5 417 000	0	−77 000
Expenditure	288 039 000	239 161 000	213 040 000	246 962 000
Operating Profit	55 079 000	−53 792 000	39 431 000	15 609 000
Financial Income	27 683 000	40 946 000	14 179 000	17 062 000
Financial Costs	37 423 000	26 293 000	37 215 000	37 840 000
Financial Balance	−9 740 000	14 653 000	−23 036 000	−20 778 000
Dividends	0	0	0	0
Net Income	40 440 000	−43 551 000	14 037 000	−2 789 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	74 793 000	74 793 000	74 793 000	74 793 000
Total Intangible Assets	107 116 000	108 805 000	113 011 000	113 283 000
Real Eastate	379 000	387 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 175 000	20 749 000	25 432 000	32 911 000
Total Tangible Assets	927 158 000	854 381 000	773 473 000	785 335 000
Total Fiancial Fixed Assets	196 358 000	199 714 000	184 669 000	195 011 000
Total Fixed Assets	1 230 632 000	1 162 900 000	1 071 153 000	1 093 629 000
Stock	11 422 000	8 083 000	6 238 000	6 259 000
Total Investments	0	0	0	0
Cash, Bank	83 532 000	82 488 000	111 190 000	85 468 000
Total Current Assets	151 063 000	119 836 000	145 549 000	132 671 000
Total Assets	1 381 695 000	1 282 736 000	1 216 702 000	1 226 300 000
Total Equity	481 356 000	454 388 000	517 420 000	500 218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	694 733 000	618 830 000	575 848 000	392 018 000
Creditors	12 546 000	8 863 000	9 534 000	8 918 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	43 652 000	25 321 000	33 535 000	30 794 000
Total Current Debt	205 606 000	209 519 000	123 434 000	334 064 000
Total Equity and Debt	1 381 695 000	1 282 737 000	1 216 702 000	1 226 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,4 %	−9,58 %	2,71 %	−0,56 %
Debt-to-Equity Ratio	1,44	1,36	1,11	0,78
Operating Profit Margin	16,05 %	−29,02 %	15,62 %	5,94 %
Current Ratio	0,73	0,57	1,18	0,4
Quick Ratio	0,78	0,59	1,24	0,4
Equity Ratio	0,35	0,35	0,43	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %