KNUTSEN SHUTTLE TANKERS 13 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

28,86 %

Current Ratio

5,9

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 934 000	152 057 000	164 671 000	154 632 000
Net Income	70 710 000	70 814 000	68 165 000	63 094 000
Total Assets	453 431 000	420 688 000	457 321 000	481 722 000
Total Equity	244 998 000	174 289 000	199 886 000	200 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 934 000	152 057 000	164 671 000	154 632 000
Expenditure	83 657 000	71 547 000	73 678 000	69 001 000
Operating Profit	81 278 000	80 511 000	90 993 000	85 632 000
Financial Income	3 273 000	2 418 000	2 950 000	1 844 000
Financial Costs	13 841 000	12 115 000	25 778 000	24 382 000
Financial Balance	−10 568 000	−9 697 000	−22 828 000	−22 538 000
Earnings Before Tax	70 710 000	70 814 000	68 165 000	63 094 000
Tax	0	0	0	0
Net Income	70 710 000	70 814 000	68 165 000	63 094 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	386 641 000	402 141 000	434 142 000	466 261 000
Total Current Assets	66 790 000	18 547 000	23 180 000	15 461 000
Total Assets	453 431 000	420 688 000	457 321 000	481 722 000
Total Retained Equity	141 524 000	70 814 000	82 935 000	83 584 000
Total Equity	244 998 000	174 289 000	199 886 000	200 534 000
Total Long-Term Debt	197 109 000	224 109 000	251 027 000	277 865 000
Total Current Debt	11 324 000	22 291 000	6 409 000	3 322 000
Total Equity and Debt	453 431 000	420 688 000	457 321 000	481 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	164 934 000	152 882 000	165 586 000	155 473 000
Other Income	0	−825 000	−915 000	−840 000
Revenue	164 934 000	152 057 000	164 671 000	154 632 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 972 000	21 952 000	22 564 000	19 574 000
Depreciation	23 939 000	26 411 000	29 113 000	29 074 000
Impairment	0	0	0	0
Expenditure	83 657 000	71 547 000	73 678 000	69 001 000
Operating Profit	81 278 000	80 511 000	90 993 000	85 632 000
Financial Income	3 273 000	2 418 000	2 950 000	1 844 000
Financial Costs	13 841 000	12 115 000	25 778 000	24 382 000
Financial Balance	−10 568 000	−9 697 000	−22 828 000	−22 538 000
Dividends	0	0	0	0
Net Income	70 710 000	70 814 000	68 165 000	63 094 000

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	6 792 000	12 383 000	15 534 000
Total Tangible Assets	386 641 000	402 141 000	434 142 000	466 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	386 641 000	402 141 000	434 142 000	466 261 000
Stock	2 003 000	1 912 000	1 639 000	1 612 000
Total Investments	0	0	0	2 174 000
Cash, Bank	61 651 000	12 648 000	18 970 000	8 674 000
Total Current Assets	66 790 000	18 547 000	23 180 000	15 461 000
Total Assets	453 431 000	420 688 000	457 321 000	481 722 000
Total Equity	244 998 000	174 289 000	199 886 000	200 534 000
Short-Term Group Debt	1 000	0	2 708 000	468 000
Total Long-Term Debt	197 109 000	224 109 000	251 027 000	277 865 000
Creditors	3 627 000	1 372 000	2 081 000	1 403 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 696 000	1 770 000	1 620 000	1 452 000
Total Current Debt	11 324 000	22 291 000	6 409 000	3 322 000
Total Equity and Debt	453 431 000	420 688 000	457 321 000	481 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,86 %	40,63 %	34,1 %	31,46 %
Debt-to-Equity Ratio	0,8	1,29	1,26	1,39
Operating Profit Margin	49,28 %	52,95 %	55,26 %	55,38 %
Current Ratio	5,9	0,83	3,62	4,65
Quick Ratio	7,17	0,91	4,86	9,04
Equity Ratio	0,54	0,41	0,44	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %