KNOT SHUTTLE TANKERS 18 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

−23,71 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 755 000	104 531 000	146 129 000	149 568 000
Net Income	−77 421 000	−52 352 000	28 062 000	30 018 000
Total Assets	467 956 000	444 739 000	518 156 000	564 569 000
Total Equity	326 505 000	297 735 000	332 970 000	339 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 755 000	104 531 000	146 129 000	149 568 000
Expenditure	147 849 000	153 632 000	103 425 000	102 000 000
Operating Profit	−67 094 000	−49 102 000	42 704 000	47 567 000
Financial Income	−1 031 000	4 207 000	−2 073 000	1 566 000
Financial Costs	9 295 000	7 458 000	12 570 000	19 116 000
Financial Balance	−10 326 000	−3 251 000	−14 643 000	−17 550 000
Earnings Before Tax	−77 421 000	−52 352 000	28 062 000	30 018 000
Tax	0	0	0	0
Net Income	−77 421 000	−52 352 000	28 062 000	30 018 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	413 488 000	392 705 000	495 736 000	544 355 000
Total Current Assets	54 468 000	52 034 000	22 420 000	20 214 000
Total Assets	467 956 000	444 739 000	518 156 000	564 569 000
Total Retained Equity	0	0	29 676 000	32 426 000
Total Equity	326 505 000	297 735 000	332 970 000	339 978 000
Total Long-Term Debt	97 706 000	136 721 000	175 550 000	214 202 000
Total Current Debt	43 745 000	10 283 000	9 635 000	10 389 000
Total Equity and Debt	467 956 000	444 739 000	518 156 000	564 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 755 000	104 529 000	146 108 000	149 567 000
Other Income	0	2 000	21 000	1 000
Revenue	80 755 000	104 531 000	146 129 000	149 568 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 455 000	24 179 000	24 749 000	27 294 000
Depreciation	40 861 000	44 819 000	49 351 000	49 133 000
Impairment	0	58 656 000	0	0
Expenditure	147 849 000	153 632 000	103 425 000	102 000 000
Operating Profit	−67 094 000	−49 102 000	42 704 000	47 567 000
Financial Income	−1 031 000	4 207 000	−2 073 000	1 566 000
Financial Costs	9 295 000	7 458 000	12 570 000	19 116 000
Financial Balance	−10 326 000	−3 251 000	−14 643 000	−17 550 000
Dividends	0	0	0	0
Net Income	−77 421 000	−52 352 000	28 062 000	30 018 000

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	413 488 000	392 705 000	495 736 000	544 355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	413 488 000	392 705 000	495 736 000	544 355 000
Stock	10 538 000	1 300 000	5 576 000	1 017 000
Total Investments	0	0	0	0
Cash, Bank	29 211 000	40 485 000	7 100 000	15 607 000
Total Current Assets	54 468 000	52 034 000	22 420 000	20 214 000
Total Assets	467 956 000	444 739 000	518 156 000	564 569 000
Total Equity	326 505 000	297 735 000	332 970 000	339 978 000
Short-Term Group Debt	34 919 000	23 000	386 000	5 747 000
Total Long-Term Debt	97 706 000	136 721 000	175 550 000	214 202 000
Creditors	3 953 000	2 613 000	2 656 000	3 024 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 874 000	7 647 000	6 594 000	1 619 000
Total Current Debt	43 745 000	10 283 000	9 635 000	10 389 000
Total Equity and Debt	467 956 000	444 739 000	518 156 000	564 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,71 %	−17,58 %	8,43 %	8,83 %
Debt-to-Equity Ratio	0,3	0,46	0,53	0,63
Operating Profit Margin	−83,08 %	−46,97 %	29,22 %	31,8 %
Current Ratio	1,25	5,06	2,33	1,95
Quick Ratio	1,64	5,79	5,52	2,16
Equity Ratio	0,7	0,67	0,64	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %