KNUTSEN SHUTTLE TANKERS 19 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

96,76 %

Current Ratio

5,5

Debt-to-Equity Ratio

9,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 391 000	150 783 000	138 640 000	145 999 000
Net Income	67 560 000	28 017 000	18 978 000	40 720 000
Total Assets	750 721 000	758 624 000	653 174 000	680 409 000
Total Equity	69 821 000	35 158 000	235 659 000	216 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 391 000	150 783 000	138 640 000	145 999 000
Expenditure	89 526 000	82 775 000	95 045 000	79 440 000
Operating Profit	82 865 000	68 007 000	43 596 000	66 560 000
Financial Income	25 621 000	17 297 000	−1 053 000	966 000
Financial Costs	40 926 000	57 287 000	23 564 000	26 805 000
Financial Balance	−15 305 000	−39 990 000	−24 617 000	−25 839 000
Earnings Before Tax	67 560 000	28 017 000	18 978 000	40 720 000
Tax	0	0	0	0
Net Income	67 560 000	28 017 000	18 978 000	40 720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	714 027 000	716 140 000	618 410 000	629 038 000
Total Current Assets	36 693 000	42 483 000	34 764 000	51 371 000
Total Assets	750 721 000	758 624 000	653 174 000	680 409 000
Total Retained Equity	69 721 000	35 058 000	101 977 000	82 999 000
Total Equity	69 821 000	35 158 000	235 659 000	216 681 000
Total Long-Term Debt	674 223 000	712 999 000	409 448 000	449 305 000
Total Current Debt	6 677 000	10 466 000	8 067 000	14 423 000
Total Equity and Debt	750 721 000	758 624 000	653 174 000	680 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 383 000	151 547 000	133 782 000	146 796 000
Other Income	9 000	−765 000	4 858 000	−797 000
Revenue	172 391 000	150 783 000	138 640 000	145 999 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 243 000	23 746 000	22 603 000	21 311 000
Depreciation	32 037 000	34 285 000	35 642 000	35 678 000
Impairment	0	0	0	0
Expenditure	89 526 000	82 775 000	95 045 000	79 440 000
Operating Profit	82 865 000	68 007 000	43 596 000	66 560 000
Financial Income	25 621 000	17 297 000	−1 053 000	966 000
Financial Costs	40 926 000	57 287 000	23 564 000	26 805 000
Financial Balance	−15 305 000	−39 990 000	−24 617 000	−25 839 000
Dividends	0	0	0	0
Net Income	67 560 000	28 017 000	18 978 000	40 720 000

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	551 559 000	583 596 000	618 410 000	629 038 000
Total Fiancial Fixed Assets	162 468 000	132 545 000	0	0
Total Fixed Assets	714 027 000	716 140 000	618 410 000	629 038 000
Stock	2 947 000	3 154 000	2 836 000	2 977 000
Total Investments	0	0	0	0
Cash, Bank	18 773 000	30 547 000	29 616 000	45 720 000
Total Current Assets	36 693 000	42 483 000	34 764 000	51 371 000
Total Assets	750 721 000	758 624 000	653 174 000	680 409 000
Total Equity	69 821 000	35 158 000	235 659 000	216 681 000
Short-Term Group Debt	8 000	6 203 000	2 188 000	589 000
Total Long-Term Debt	674 223 000	712 999 000	409 448 000	449 305 000
Creditors	4 238 000	1 826 000	4 364 000	5 376 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 431 000	2 437 000	1 515 000	8 458 000
Total Current Debt	6 677 000	10 466 000	8 067 000	14 423 000
Total Equity and Debt	750 721 000	758 624 000	653 174 000	680 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,76 %	79,69 %	8,05 %	18,79 %
Debt-to-Equity Ratio	9,66	20,28	1,74	2,07
Operating Profit Margin	48,07 %	45,1 %	31,45 %	45,59 %
Current Ratio	5,5	4,06	4,31	3,56
Quick Ratio	9,84	5,81	6,65	4,49
Equity Ratio	0,09	0,05	0,36	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %