KINGS-BAY AS

6094 LEINØY

Finances

Return on Equity

6,39 %

Current Ratio

5,86

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 910 000	130 717 000	107 200 000	95 599 000
Net Income	22 030 000	43 883 000	38 104 000	78 905 000
Total Assets	567 387 000	568 951 000	540 290 000	512 565 000
Total Equity	344 933 000	334 931 000	315 351 000	289 894 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 910 000	130 717 000	107 200 000	95 599 000
Expenditure	85 490 000	81 365 000	65 865 000	64 124 000
Operating Profit	36 420 000	49 352 000	41 335 000	31 474 000
Financial Income	9 337 000	8 253 000	9 851 000	58 780 000
Financial Costs	15 616 000	3 080 000	3 999 000	5 231 000
Financial Balance	−6 279 000	5 173 000	5 852 000	53 549 000
Earnings Before Tax	30 142 000	54 525 000	47 187 000	85 023 000
Tax	8 112 000	10 642 000	9 083 000	6 118 000
Net Income	22 030 000	43 883 000	38 104 000	78 905 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	328 774 000	348 270 000	300 174 000	309 465 000
Total Current Assets	238 613 000	220 681 000	240 116 000	203 100 000
Total Assets	567 387 000	568 951 000	540 290 000	512 565 000
Total Retained Equity	166 951 000	156 949 000	125 369 000	99 912 000
Total Equity	344 933 000	334 931 000	315 351 000	289 894 000
Total Long-Term Debt	181 745 000	190 645 000	184 921 000	192 017 000
Total Current Debt	40 709 000	43 374 000	40 018 000	30 653 000
Total Equity and Debt	567 387 000	568 951 000	540 290 000	512 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	121 910 000	130 717 000	107 200 000	95 037 000
Other Income	0	0	0	562 000
Revenue	121 910 000	130 717 000	107 200 000	95 599 000
Cost of Goods Sold	6 517 000	6 668 000	4 788 000	4 199 000
Salary Costs	35 259 000	36 757 000	31 744 000	28 250 000
Depreciation	19 476 000	18 419 000	15 280 000	14 918 000
Impairment	0	0	0	0
Expenditure	85 490 000	81 365 000	65 865 000	64 124 000
Operating Profit	36 420 000	49 352 000	41 335 000	31 474 000
Financial Income	9 337 000	8 253 000	9 851 000	58 780 000
Financial Costs	15 616 000	3 080 000	3 999 000	5 231 000
Financial Balance	−6 279 000	5 173 000	5 852 000	53 549 000
Dividends	12 000 000	24 000 000	12 500 000	7 500 000
Net Income	22 030 000	43 883 000	38 104 000	78 905 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 158 000	2 278 000	0	0
Total Intangible Assets	144 660 000	154 104 000	95 944 000	102 061 000
Real Eastate	584 000	617 000	650 000	683 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 225 000	4 387 000	5 562 000	99 000
Total Tangible Assets	184 114 000	194 146 000	204 190 000	207 344 000
Total Fiancial Fixed Assets	0	20 000	40 000	60 000
Total Fixed Assets	328 774 000	348 270 000	300 174 000	309 465 000
Stock	2 251 000	1 507 000	254 000	1 106 000
Total Investments	12 998 000	63 370 000	57 218 000	5 126 000
Cash, Bank	220 806 000	153 779 000	175 662 000	196 539 000
Total Current Assets	238 613 000	220 681 000	240 116 000	203 100 000
Total Assets	567 387 000	568 951 000	540 290 000	512 565 000
Total Equity	344 933 000	334 931 000	315 351 000	289 894 000
Short-Term Group Debt	37 000	230 000	244 000	123 000
Total Long-Term Debt	181 745 000	190 645 000	184 921 000	192 017 000
Creditors	1 916 000	723 000	1 374 000	1 709 000
Unpaid Taxes	14 486 000	17 945 000	16 541 000	13 654 000
Dividends	12 000 000	24 000 000	12 500 000	7 500 000
Other Current Debt	3 159 000	1 375 000	1 113 000	1 424 000
Total Current Debt	40 709 000	43 374 000	40 018 000	30 653 000
Total Equity and Debt	567 387 000	568 951 000	540 290 000	512 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,39 %	13,1 %	12,08 %	27,22 %
Debt-to-Equity Ratio	0,53	0,57	0,59	0,66
Operating Profit Margin	29,87 %	37,75 %	38,56 %	32,92 %
Current Ratio	5,86	5,09	6	6,63
Quick Ratio	6,2	5,27	6,04	6,87
Equity Ratio	0,61	0,59	0,58	0,57
Gross Profit Margin	94,65 %	94,9 %	95,53 %	95,61 %