KING OF THE HILL AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

47,74 %

Current Ratio

0,08

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	485 000	1 052 000	429 000	95 000
Net Income	−370 000	−356 000	−104 000	0
Total Assets	238 000	478 000	217 000	211 000
Total Equity	−775 000	−405 000	−50 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	485 000	1 052 000	429 000	95 000
Expenditure	854 000	1 408 000	520 000	95 000
Operating Profit	−370 000	−355 000	−90 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	14 000	0
Financial Balance	0	0	−14 000	0
Earnings Before Tax	−370 000	−356 000	−104 000	0
Tax	0	0	0	0
Net Income	−370 000	−356 000	−104 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	222 000	278 000	193 000	98 000
Total Current Assets	17 000	200 000	24 000	113 000
Total Assets	238 000	478 000	217 000	211 000
Total Retained Equity	−835 000	−460 000	−104 000	0
Total Equity	−775 000	−405 000	−50 000	54 000
Total Long-Term Debt	805 000	716 000	166 000	149 000
Total Current Debt	209 000	167 000	101 000	7 000
Total Equity and Debt	238 000	478 000	217 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	371 000	932 000	383 000	95 000
Other Income	114 000	120 000	46 000	0
Revenue	485 000	1 052 000	429 000	95 000
Cost of Goods Sold	49 000	159 000	60 000	28 000
Salary Costs	252 000	635 000	89 000	0
Depreciation	118 000	80 000	46 000	3 000
Impairment	0	0	0	0
Expenditure	854 000	1 408 000	520 000	95 000
Operating Profit	−370 000	−355 000	−90 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	14 000	0
Financial Balance	0	0	−14 000	0
Dividends	0	0	0	0
Net Income	−370 000	−356 000	−104 000	0

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	222 000	278 000	193 000	98 000
Total Tangible Assets	222 000	278 000	193 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	222 000	278 000	193 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	166 000	18 000	111 000
Total Current Assets	17 000	200 000	24 000	113 000
Total Assets	238 000	478 000	217 000	211 000
Total Equity	−775 000	−405 000	−50 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	805 000	716 000	166 000	149 000
Creditors	12 000	28 000	87 000	31 000
Unpaid Taxes	−5 000	34 000	4 000	−25 000
Dividends	0	0	0	0
Other Current Debt	150 000	119 000	9 000	1 000
Total Current Debt	209 000	167 000	101 000	7 000
Total Equity and Debt	238 000	478 000	217 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,74 %	87,9 %	208 %	0 %
Debt-to-Equity Ratio	−1,04	−1,77	−3,32	2,76
Operating Profit Margin	−76,29 %	−33,75 %	−20,98 %	0 %
Current Ratio	0,08	1,2	0,24	16,14
Quick Ratio	0,08	1,2	0,24	16,14
Equity Ratio	−3,26	−0,85	−0,23	0,26
Gross Profit Margin	89,9 %	84,89 %	86,01 %	70,53 %