KINGS CORNER AS

7713 STEINKJER

Finances

Share Ownership

Return on Equity

−48,32 %

Current Ratio

1,24

Debt-to-Equity Ratio

−1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 229 000	1 184 000	1 041 000	2 540 000
Net Income	259 000	−123 000	−245 000	−449 000
Total Assets	884 000	824 000	529 000	946 000
Total Equity	−536 000	−795 000	−672 000	−428 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 229 000	1 184 000	1 041 000	2 540 000
Expenditure	2 855 000	1 299 000	1 316 000	3 078 000
Operating Profit	375 000	−115 000	−274 000	−538 000
Financial Income	0	0	0	0
Financial Costs	43 000	43 000	40 000	39 000
Financial Balance	−43 000	−43 000	−40 000	−39 000
Earnings Before Tax	332 000	−158 000	−314 000	−577 000
Tax	73 000	−35 000	−69 000	−128 000
Net Income	259 000	−123 000	−245 000	−449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	384 000	416 000	439 000	430 000
Total Current Assets	499 000	408 000	91 000	516 000
Total Assets	884 000	824 000	529 000	946 000
Total Retained Equity	−558 000	−817 000	−694 000	−449 000
Total Equity	−536 000	−795 000	−672 000	−428 000
Total Long-Term Debt	1 017 000	1 070 000	1 004 000	936 000
Total Current Debt	403 000	549 000	198 000	438 000
Total Equity and Debt	884 000	824 000	529 000	946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 843 000	935 000	1 000 000	2 249 000
Other Income	386 000	249 000	41 000	291 000
Revenue	3 229 000	1 184 000	1 041 000	2 540 000
Cost of Goods Sold	664 000	242 000	250 000	726 000
Salary Costs	948 000	368 000	332 000	1 006 000
Depreciation	30 000	57 000	60 000	65 000
Impairment	0	0	0	0
Expenditure	2 855 000	1 299 000	1 316 000	3 078 000
Operating Profit	375 000	−115 000	−274 000	−538 000
Financial Income	0	0	0	0
Financial Costs	43 000	43 000	40 000	39 000
Financial Balance	−43 000	−43 000	−40 000	−39 000
Dividends	0	0	0	0
Net Income	259 000	−123 000	−245 000	−449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	159 000	232 000	197 000	128 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	225 000	184 000	241 000	302 000
Total Tangible Assets	225 000	184 000	241 000	302 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	384 000	416 000	439 000	430 000
Stock	115 000	56 000	54 000	62 000
Total Investments	0	0	0	0
Cash, Bank	301 000	19 000	20 000	272 000
Total Current Assets	499 000	408 000	91 000	516 000
Total Assets	884 000	824 000	529 000	946 000
Total Equity	−536 000	−795 000	−672 000	−428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 017 000	1 070 000	1 004 000	936 000
Creditors	58 000	439 000	146 000	110 000
Unpaid Taxes	128 000	49 000	12 000	135 000
Dividends	0	0	0	0
Other Current Debt	217 000	61 000	40 000	192 000
Total Current Debt	403 000	549 000	198 000	438 000
Total Equity and Debt	884 000	824 000	529 000	946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,32 %	15,47 %	36,46 %	104,91 %
Debt-to-Equity Ratio	−1,9	−1,35	−1,49	−2,19
Operating Profit Margin	11,61 %	−9,71 %	−26,32 %	−21,18 %
Current Ratio	1,24	0,74	0,46	1,18
Quick Ratio	1,73	0,83	0,63	1,37
Equity Ratio	−0,61	−0,96	−1,27	−0,45
Gross Profit Margin	79,44 %	79,56 %	75,98 %	71,42 %