KNOT SHUTTLE TANKERS 17 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

−8,65 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 660 000	66 812 000	163 902 000	166 647 000
Net Income	−37 556 000	−51 900 000	55 931 000	53 825 000
Total Assets	674 254 000	715 535 000	641 867 000	652 885 000
Total Equity	434 229 000	455 426 000	364 868 000	359 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 660 000	66 812 000	163 902 000	166 647 000
Expenditure	107 564 000	105 897 000	93 599 000	88 390 000
Operating Profit	−19 905 000	−39 086 000	70 304 000	78 258 000
Financial Income	2 094 000	−282 000	3 417 000	7 113 000
Financial Costs	19 745 000	12 532 000	17 790 000	31 546 000
Financial Balance	−17 651 000	−12 814 000	−14 373 000	−24 433 000
Earnings Before Tax	−37 556 000	−51 900 000	55 931 000	53 825 000
Tax	0	0	0	0
Net Income	−37 556 000	−51 900 000	55 931 000	53 825 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	647 797 000	690 483 000	588 128 000	630 991 000
Total Current Assets	26 457 000	25 052 000	53 739 000	21 894 000
Total Assets	674 254 000	715 535 000	641 867 000	652 885 000
Total Retained Equity	0	26 829 000	78 729 000	73 806 000
Total Equity	434 229 000	455 426 000	364 868 000	359 944 000
Total Long-Term Debt	218 295 000	245 146 000	255 332 000	287 952 000
Total Current Debt	21 730 000	14 964 000	21 668 000	4 988 000
Total Equity and Debt	674 254 000	715 535 000	641 867 000	652 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 426 000	65 969 000	163 692 000	166 064 000
Other Income	3 233 000	842 000	209 000	583 000
Revenue	87 660 000	66 812 000	163 902 000	166 647 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 164 000	25 526 000	27 165 000	24 423 000
Depreciation	49 476 000	47 706 000	43 290 000	43 247 000
Impairment	0	0	0	0
Expenditure	107 564 000	105 897 000	93 599 000	88 390 000
Operating Profit	−19 905 000	−39 086 000	70 304 000	78 258 000
Financial Income	2 094 000	−282 000	3 417 000	7 113 000
Financial Costs	19 745 000	12 532 000	17 790 000	31 546 000
Financial Balance	−17 651 000	−12 814 000	−14 373 000	−24 433 000
Dividends	0	0	0	0
Net Income	−37 556 000	−51 900 000	55 931 000	53 825 000

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	647 797 000	690 483 000	588 128 000	630 991 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	647 797 000	690 483 000	588 128 000	630 991 000
Stock	2 420 000	2 446 000	1 234 000	1 950 000
Total Investments	0	0	0	0
Cash, Bank	15 851 000	13 871 000	35 818 000	12 197 000
Total Current Assets	26 457 000	25 052 000	53 739 000	21 894 000
Total Assets	674 254 000	715 535 000	641 867 000	652 885 000
Total Equity	434 229 000	455 426 000	364 868 000	359 944 000
Short-Term Group Debt	9 782 000	0	541 000	486 000
Total Long-Term Debt	218 295 000	245 146 000	255 332 000	287 952 000
Creditors	4 918 000	6 660 000	3 795 000	3 338 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 030 000	8 304 000	17 332 000	1 164 000
Total Current Debt	21 730 000	14 964 000	21 668 000	4 988 000
Total Equity and Debt	674 254 000	715 535 000	641 867 000	652 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,65 %	−11,4 %	15,33 %	14,95 %
Debt-to-Equity Ratio	0,5	0,54	0,7	0,8
Operating Profit Margin	−22,71 %	−58,5 %	42,89 %	46,96 %
Current Ratio	1,22	1,67	2,48	4,39
Quick Ratio	1,37	2	2,63	7,21
Equity Ratio	0,64	0,64	0,57	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %