KNUTSEN SHUTTLE TANKERS 15 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

99,73 %

Current Ratio

2,51

Debt-to-Equity Ratio

10,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 828 000	175 755 000	191 554 000	184 420 000
Net Income	73 597 000	72 063 000	81 227 000	60 459 000
Total Assets	911 825 000	597 584 000	632 920 000	671 854 000
Total Equity	73 797 000	96 207 000	112 301 000	110 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 828 000	175 755 000	191 554 000	184 420 000
Expenditure	95 316 000	83 316 000	80 593 000	83 546 000
Operating Profit	99 512 000	92 440 000	110 961 000	100 874 000
Financial Income	15 303 000	−10 000	1 054 000	2 504 000
Financial Costs	41 218 000	20 367 000	30 788 000	42 919 000
Financial Balance	−25 915 000	−20 377 000	−29 734 000	−40 415 000
Earnings Before Tax	73 597 000	72 063 000	81 227 000	60 459 000
Tax	0	0	0	0
Net Income	73 597 000	72 063 000	81 227 000	60 459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	844 631 000	565 447 000	603 609 000	639 076 000
Total Current Assets	67 194 000	32 137 000	29 311 000	32 778 000
Total Assets	911 825 000	597 584 000	632 920 000	671 854 000
Total Retained Equity	73 597 000	81 961 000	87 204 000	70 382 000
Total Equity	73 797 000	96 207 000	112 301 000	110 831 000
Total Long-Term Debt	811 244 000	470 402 000	510 954 000	551 419 000
Total Current Debt	26 784 000	30 976 000	9 665 000	9 605 000
Total Equity and Debt	911 825 000	597 584 000	632 920 000	671 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 822 000	176 952 000	192 773 000	185 670 000
Other Income	6 000	−1 197 000	−1 219 000	−1 250 000
Revenue	194 828 000	175 755 000	191 554 000	184 420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 521 000	24 618 000	21 202 000	25 059 000
Depreciation	37 827 000	38 137 000	38 172 000	38 068 000
Impairment	0	0	0	0
Expenditure	95 316 000	83 316 000	80 593 000	83 546 000
Operating Profit	99 512 000	92 440 000	110 961 000	100 874 000
Financial Income	15 303 000	−10 000	1 054 000	2 504 000
Financial Costs	41 218 000	20 367 000	30 788 000	42 919 000
Financial Balance	−25 915 000	−20 377 000	−29 734 000	−40 415 000
Dividends	0	0	0	0
Net Income	73 597 000	72 063 000	81 227 000	60 459 000

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	527 620 000	565 447 000	603 609 000	639 076 000
Total Fiancial Fixed Assets	317 011 000	0	0	0
Total Fixed Assets	844 631 000	565 447 000	603 609 000	639 076 000
Stock	18 255 000	1 248 000	964 000	1 233 000
Total Investments	0	0	0	0
Cash, Bank	5 726 000	27 384 000	24 269 000	27 180 000
Total Current Assets	67 194 000	32 137 000	29 311 000	32 778 000
Total Assets	911 825 000	597 584 000	632 920 000	671 854 000
Total Equity	73 797 000	96 207 000	112 301 000	110 831 000
Short-Term Group Debt	32 000	53 000	1 135 000	1 247 000
Total Long-Term Debt	811 244 000	470 402 000	510 954 000	551 419 000
Creditors	5 429 000	4 808 000	3 755 000	1 267 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	21 323 000	4 353 000	4 776 000	7 090 000
Total Current Debt	26 784 000	30 976 000	9 665 000	9 605 000
Total Equity and Debt	911 825 000	597 584 000	632 920 000	671 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,73 %	74,9 %	72,33 %	54,55 %
Debt-to-Equity Ratio	10,99	4,89	4,55	4,98
Operating Profit Margin	51,08 %	52,6 %	57,93 %	54,7 %
Current Ratio	2,51	1,04	3,03	3,41
Quick Ratio	7,88	1,08	3,37	3,92
Equity Ratio	0,08	0,16	0,18	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %