THE KINGS CHAIR AS

1929 AULI

Finances

Share Ownership

Return on Equity

122,63 %

Current Ratio

−0,57

Debt-to-Equity Ratio

−1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	546 000	226 000	0	0
Net Income	−401 000	140 000	−11 000	−75 000
Total Assets	528 000	917 000	216 000	725 000
Total Equity	−327 000	74 000	−66 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	546 000	226 000	0	0
Expenditure	222 000	72 000	11 000	75 000
Operating Profit	324 000	153 000	−11 000	−75 000
Financial Income	0	0	0	0
Financial Costs	725 000	0	0	0
Financial Balance	−725 000	0	0	0
Earnings Before Tax	−401 000	153 000	−11 000	−75 000
Tax	0	14 000	0	0
Net Income	−401 000	140 000	−11 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	725 000	725 000	216 000	725 000
Total Current Assets	−197 000	192 000	0	1 000
Total Assets	528 000	917 000	216 000	725 000
Total Retained Equity	−357 000	49 000	−90 000	−80 000
Total Equity	−327 000	74 000	−66 000	−55 000
Total Long-Term Debt	509 000	509 000	0	0
Total Current Debt	346 000	334 000	282 000	780 000
Total Equity and Debt	528 000	917 000	216 000	725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	546 000	226 000	0	0
Other Income	0	0	0	0
Revenue	546 000	226 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	65 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	222 000	72 000	11 000	75 000
Operating Profit	324 000	153 000	−11 000	−75 000
Financial Income	0	0	0	0
Financial Costs	725 000	0	0	0
Financial Balance	−725 000	0	0	0
Dividends	0	0	0	0
Net Income	−401 000	140 000	−11 000	−75 000

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	0	0	0	0
Total Fiancial Fixed Assets	725 000	725 000	216 000	725 000
Total Fixed Assets	725 000	725 000	216 000	725 000
Stock	0	0	0	0
Total Investments	−725 000	0	0	0
Cash, Bank	37 000	6 000	0	1 000
Total Current Assets	−197 000	192 000	0	1 000
Total Assets	528 000	917 000	216 000	725 000
Total Equity	−327 000	74 000	−66 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	509 000	509 000	0	0
Creditors	0	4 000	0	0
Unpaid Taxes	26 000	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	318 000	310 000	282 000	780 000
Total Current Debt	346 000	334 000	282 000	780 000
Total Equity and Debt	528 000	917 000	216 000	725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,63 %	189,19 %	16,67 %	136,36 %
Debt-to-Equity Ratio	−1,56	6,88	−0	−0
Operating Profit Margin	59,34 %	67,7 %	-	-
Current Ratio	−0,57	0,57	0	0
Quick Ratio	−0,57	0,57	0	0
Equity Ratio	−0,62	0,08	−0,31	−0,08
Gross Profit Margin	100 %	100 %	-	-