KINGS BROILER AS

1880 EIDSBERG

Finances

Share Ownership

Return on Equity

41,18 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 310 000	11 764 000	10 833 000	9 089 000
Net Income	308 000	61 000	−112 000	−47 000
Total Assets	4 550 000	2 893 000	2 118 000	1 669 000
Total Equity	748 000	440 000	379 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 310 000	11 764 000	10 833 000	9 089 000
Expenditure	11 978 000	11 715 000	10 939 000	9 127 000
Operating Profit	331 000	49 000	−107 000	−37 000
Financial Income	31 000	18 000	0	0
Financial Costs	54 000	6 000	6 000	10 000
Financial Balance	−23 000	12 000	−6 000	−10 000
Earnings Before Tax	308 000	61 000	−112 000	−47 000
Tax	0	0	0	0
Net Income	308 000	61 000	−112 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 568 000	755 000	69 000	82 000
Total Current Assets	2 982 000	2 138 000	2 049 000	1 586 000
Total Assets	4 550 000	2 893 000	2 118 000	1 669 000
Total Retained Equity	−702 000	−1 010 000	−1 071 000	−959 000
Total Equity	748 000	440 000	379 000	491 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 802 000	2 453 000	1 739 000	1 177 000
Total Equity and Debt	4 550 000	2 893 000	2 118 000	1 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 565 000	11 764 000	10 833 000	9 089 000
Other Income	744 000	0	0	0
Revenue	12 310 000	11 764 000	10 833 000	9 089 000
Cost of Goods Sold	8 534 000	7 797 000	7 853 000	6 467 000
Salary Costs	742 000	696 000	938 000	990 000
Depreciation	64 000	18 000	13 000	2 000
Impairment	0	0	0	0
Expenditure	11 978 000	11 715 000	10 939 000	9 127 000
Operating Profit	331 000	49 000	−107 000	−37 000
Financial Income	31 000	18 000	0	0
Financial Costs	54 000	6 000	6 000	10 000
Financial Balance	−23 000	12 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	308 000	61 000	−112 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	586 000	0	0	0
Machinery and Plant Facilities	0	736 000	0	0
Fixtures	963 000	0	50 000	63 000
Total Tangible Assets	1 548 000	736 000	50 000	63 000
Total Fiancial Fixed Assets	19 000	19 000	19 000	19 000
Total Fixed Assets	1 568 000	755 000	69 000	82 000
Stock	1 173 000	275 000	332 000	321 000
Total Investments	0	0	0	0
Cash, Bank	531 000	1 828 000	871 000	1 044 000
Total Current Assets	2 982 000	2 138 000	2 049 000	1 586 000
Total Assets	4 550 000	2 893 000	2 118 000	1 669 000
Total Equity	748 000	440 000	379 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 313 000	2 083 000	1 510 000	741 000
Unpaid Taxes	32 000	342 000	143 000	287 000
Dividends	0	0	0	0
Other Current Debt	65 000	27 000	87 000	149 000
Total Current Debt	3 802 000	2 453 000	1 739 000	1 177 000
Total Equity and Debt	4 550 000	2 893 000	2 118 000	1 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,18 %	13,86 %	−29,55 %	−9,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	0,42 %	−0,99 %	−0,41 %
Current Ratio	0,78	0,87	1,18	1,35
Quick Ratio	1,13	0,98	1,46	1,85
Equity Ratio	0,16	0,15	0,18	0,29
Gross Profit Margin	30,67 %	33,72 %	27,51 %	28,85 %