KINGBIRD AS

0161 OSLO

Finances

Share Ownership

Return on Equity

25,83 %

Current Ratio

19,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 651 000	17 379 000	10 657 000	12 948 000
Net Income	2 305 000	5 525 000	1 841 000	4 101 000
Total Assets	9 369 000	11 857 000	6 755 000	6 845 000
Total Equity	8 925 000	9 153 000	6 068 000	5 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 651 000	17 379 000	10 657 000	12 948 000
Expenditure	13 326 000	11 826 000	8 798 000	8 734 000
Operating Profit	2 326 000	5 553 000	1 859 000	4 215 000
Financial Income	4 000	0	2 000	2 000
Financial Costs	0	1 000	4 000	12 000
Financial Balance	4 000	−1 000	−2 000	−10 000
Earnings Before Tax	2 329 000	5 552 000	1 857 000	4 205 000
Tax	25 000	27 000	16 000	104 000
Net Income	2 305 000	5 525 000	1 841 000	4 101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	600 000	616 000	58 000
Total Current Assets	8 784 000	11 256 000	6 139 000	6 787 000
Total Assets	9 369 000	11 857 000	6 755 000	6 845 000
Total Retained Equity	178 000	101 000	427 000	0
Total Equity	8 925 000	9 153 000	6 068 000	5 284 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	445 000	2 704 000	687 000	1 560 000
Total Equity and Debt	9 369 000	11 857 000	6 755 000	6 845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 451 000	17 379 000	10 657 000	12 946 000
Other Income	200 000	0	0	2 000
Revenue	15 651 000	17 379 000	10 657 000	12 948 000
Cost of Goods Sold	1 147 000	993 000	701 000	1 029 000
Salary Costs	9 175 000	8 236 000	5 840 000	5 397 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	13 326 000	11 826 000	8 798 000	8 734 000
Operating Profit	2 326 000	5 553 000	1 859 000	4 215 000
Financial Income	4 000	0	2 000	2 000
Financial Costs	0	1 000	4 000	12 000
Financial Balance	4 000	−1 000	−2 000	−10 000
Dividends	0	0	0	0
Net Income	2 305 000	5 525 000	1 841 000	4 101 000

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	11 000	26 000	42 000	58 000
Total Tangible Assets	11 000	26 000	42 000	58 000
Total Fiancial Fixed Assets	575 000	574 000	574 000	0
Total Fixed Assets	585 000	600 000	616 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 322 000	8 916 000	3 996 000	2 884 000
Total Current Assets	8 784 000	11 256 000	6 139 000	6 787 000
Total Assets	9 369 000	11 857 000	6 755 000	6 845 000
Total Equity	8 925 000	9 153 000	6 068 000	5 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	75 000	1 412 000	109 000	172 000
Unpaid Taxes	225 000	761 000	389 000	537 000
Dividends	0	0	0	0
Other Current Debt	120 000	77 000	172 000	747 000
Total Current Debt	445 000	2 704 000	687 000	1 560 000
Total Equity and Debt	9 369 000	11 857 000	6 755 000	6 845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,83 %	60,36 %	30,34 %	77,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,86 %	31,95 %	17,44 %	32,55 %
Current Ratio	19,74	4,16	8,94	4,35
Quick Ratio	19,74	4,16	8,94	4,35
Equity Ratio	0,95	0,77	0,9	0,77
Gross Profit Margin	92,67 %	94,29 %	93,42 %	92,05 %