KNUTSEN SHUTTLE TANKERS 14 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

33,36 %

Current Ratio

2,83

Debt-to-Equity Ratio

4,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 983 000	172 914 000	186 643 000	174 752 000
Net Income	34 594 000	68 434 000	73 501 000	51 557 000
Total Assets	544 739 000	581 615 000	619 984 000	656 855 000
Total Equity	103 696 000	86 671 000	102 811 000	103 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 983 000	172 914 000	186 643 000	174 752 000
Expenditure	89 894 000	86 067 000	82 279 000	83 715 000
Operating Profit	65 089 000	86 846 000	104 365 000	91 037 000
Financial Income	1 173 000	1 972 000	−1 274 000	2 942 000
Financial Costs	31 669 000	20 384 000	29 590 000	42 422 000
Financial Balance	−30 496 000	−18 412 000	−30 864 000	−39 480 000
Earnings Before Tax	34 594 000	68 434 000	73 501 000	51 557 000
Tax	0	0	0	0
Net Income	34 594 000	68 434 000	73 501 000	51 557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	514 444 000	552 451 000	590 557 000	626 184 000
Total Current Assets	30 295 000	29 164 000	29 427 000	30 671 000
Total Assets	544 739 000	581 615 000	619 984 000	656 855 000
Total Retained Equity	89 531 000	72 506 000	82 044 000	82 577 000
Total Equity	103 696 000	86 671 000	102 811 000	103 343 000
Total Long-Term Debt	430 340 000	469 269 000	508 544 000	546 913 000
Total Current Debt	10 703 000	25 675 000	8 629 000	6 599 000
Total Equity and Debt	544 739 000	581 615 000	619 984 000	656 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 983 000	175 261 000	189 161 000	177 142 000
Other Income	0	−2 348 000	−2 518 000	−2 390 000
Revenue	154 983 000	172 914 000	186 643 000	174 752 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 431 000	26 418 000	21 764 000	24 337 000
Depreciation	38 007 000	38 106 000	38 257 000	38 417 000
Impairment	0	0	0	0
Expenditure	89 894 000	86 067 000	82 279 000	83 715 000
Operating Profit	65 089 000	86 846 000	104 365 000	91 037 000
Financial Income	1 173 000	1 972 000	−1 274 000	2 942 000
Financial Costs	31 669 000	20 384 000	29 590 000	42 422 000
Financial Balance	−30 496 000	−18 412 000	−30 864 000	−39 480 000
Dividends	0	0	0	0
Net Income	34 594 000	68 434 000	73 501 000	51 557 000

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	514 444 000	552 451 000	590 557 000	626 184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	514 444 000	552 451 000	590 557 000	626 184 000
Stock	1 713 000	1 718 000	1 192 000	1 663 000
Total Investments	0	0	0	0
Cash, Bank	24 706 000	23 382 000	24 090 000	24 544 000
Total Current Assets	30 295 000	29 164 000	29 427 000	30 671 000
Total Assets	544 739 000	581 615 000	619 984 000	656 855 000
Total Equity	103 696 000	86 671 000	102 811 000	103 343 000
Short-Term Group Debt	1 000	231 000	1 210 000	1 312 000
Total Long-Term Debt	430 340 000	469 269 000	508 544 000	546 913 000
Creditors	3 954 000	3 366 000	3 522 000	911 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 747 000	3 655 000	3 896 000	4 375 000
Total Current Debt	10 703 000	25 675 000	8 629 000	6 599 000
Total Equity and Debt	544 739 000	581 615 000	619 984 000	656 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,36 %	78,96 %	71,49 %	49,89 %
Debt-to-Equity Ratio	4,15	5,41	4,95	5,29
Operating Profit Margin	42 %	50,22 %	55,92 %	52,09 %
Current Ratio	2,83	1,14	3,41	4,65
Quick Ratio	3,37	1,22	3,96	6,21
Equity Ratio	0,19	0,15	0,17	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %